Entrepreneurs, here's a breath of fresh air for you!

20 Things Not To Do Before Starting A Business is causing a stir in the blog world.

And obviously, I wouldn't consider the article to be the entrepreneur's Bible. What I do like about the article is its main point: keep it simple, and focus on the fundamentals of your business.

Because when you think about it, businesses were started long before "entrepreneurship" was considered a word in the English language, let alone an academic category in business schools. This makes me wonder what John Pemberton would say if someone told him "You need to study entrepreneurship first before you can start Coca-Cola."

Like me, I'm sure he'd giggle too.

Pictures Are Worth A Thousand Words

While reading Berkshire's 2006 Annual Shareholder Letter, I found a reference to the United States' foreign investment income and its relationship to our payments on foreign holdings of US securities.

Digging deeper into the issue, I found this graph on the internet. A quick look at the graph and it's easy to see why I'm taking the short position on the American dollar.

Kinda scary...


The United States is beginning to spend more and more of its "income" to pay-off its loans, (which come in the form of bonds owned by foreign countries). And to make things worse, we're also earning less and less on our foreign investments.

What this means is that more and more of our country's paycheck is being used to pay off our foreign debt, instead of being spent in [fill in the blank].

Good things come in increments of 87 minutes

Every minute will be worth it, I promise. If I break my promise, you can stop reading my blog forever. =)

Warren Buffett Q&A session at University of Florida...