I don't have any issue with a *small* wealth tax, but I am generally nervous about valuing things which are illiquid and/or otherwise hard to price. This year, the Series B on my insurance compa… (View Post)

That's not really how it works in the real world. Let me give you a simplified example. Let's say there is some farm land, used for growing corn. The value of that farm land is set by how m… (View Post)

I'm glad to see that romance isn't dead. (View Post)

It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest. (View Post)

You will find that lenders and investors are unlikely to give you the capital needed if your plan isn't to make any money. (View Post)