Don't Start Businesses with Loans I think Mark Cuban must be a Financial Excellence fan. Say what you want about the outspoken owner of the Dallas Mavericks and self-made billionaire, but he brings up some excellent points in this interview. Especially his comment about being a moron if you start …
economy
Why you Shouldn’t Listen to Economists’ Predictions When Investing
Many of you know I'm back in school studying for an M.B.A. One of the core classes for the degree is economics, which I'm taking right now. I learned something the other day in economics class about some common fallacies in the economics world. One of these is called the Post Hoc Fallacy …
U.S. Car Sales Down 21% in August (And That’s Good!)
I couldn't help but comment on this one. The big headline this week is that auto sales in the U.S. are down 21% compared to August of last year. Sounds like a reason to panic, doesn't it? Well I'm not quite convinced. If you pay close attention to the news, you'll hear a "by the way" muttered under …