The Most Valuable Thing I Know 1

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Here it is…the most valuable thing I know! More than half of our performance in life is determined by the strategic decisions we make. The rest is determined by the execution of our strategic plan, whether we consciously designed one or not. That’s it. So what’s the big deal? Well, most people INVEST about 0.001% ...

Hey! The New Case-Shiller Index Number Was Just Publised!!

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IF YOU PAY ATTENTION TO CASE-SHILLER AND YOU ARE NOT A MACROECONOMIST, YOU MAY BE MAKING DANGEROUS DECISIONS. ALWAYS REMEMBER THAT ALL REAL ESTATE IS LOCAL AND THE 10-/20-CITY CASE-SHILLER INDEX IS AS NON-LOCAL AS IT GETS!!! If you are a real estate investor who buys in one metropolitan area or just an occasional home ...

Memorial Day is NOT the Name of a Great American Sale

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Every time you hear some stupid TV commercial announce with glee that you will enjoy the Memorial Day Sale or the Great American Memorial Day Sale,  your mind will do the following:(1) you will cringe (2) you will take note how inappropriate, unpatriotic and insensitive that brand is toward the families and friends of those ...

How I Fell in Love at First Sight with Phase-Transfer Catalysis

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Dedicated to Motke on his 80th birthday… Professor Mordechai (“Motke”) Rabinovitz  was my first teacher of organic chemistry. Between Motke’s teaching, his naturally helpful personality and the well written Morrison and Boyd textbook, I immediately felt comfortable with organic chemistry and knew that is what I wanted to do for the rest of my life. ...

IT’S NOT WHAT YOU KNOW THAT COUNTS, IT’S WHAT YOU CAN FIGURE OUT!

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Did you do well in high school? Did you fail in high school or get left back in 11th grade like me? Well, if you are now an adult, it turns out that it didn’t matter. I know a lot of people who did well in high school and even college who didn’t rise very ...

A Tough Choice You Make

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WHAT WOULD YOU CHOOSE? If you really had the chance to choose between the following two options,  what would you choose?  Think about this VERY carefully. Your happiness depends on your answer. Option 1: Live your life with purpose, passion and mission, but die at age 70     OR Option 2: Live a life of existence ...

Use the Right Word! The Crucial Difference Between Asshole and Idiot (pardon the language)

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While I don’t like to use bad words in a blog, I feel compelled to clarify the proper usage of the words “asshole” and “idiot” since they are so often misused in everyday life. The time is well overdue to correct this terrible abuse of the English language that is destructive and hurts us all. ...

The Easiest Thing I Ever Learned

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I have no mechanical skills. None. I fix nothing. I bought my first power drill at age 58 and used it once. I’m a chemist by training and getting dressed up means putting sweat pants with no holes. I am seriously considering starting a kitchen design business! Huh?!? How can a chemist with no sense ...

The Big Bang Theory TV Show

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As a Ph.D. Chemist, I greatly enjoy the TV show “The Big Bang Theory.” It reminded me of graduate school so much that I thought it was a documentary. I realized that the show couldn’t possibly reflect reality when Leonard got Penny. The negligible probability of that happening is what tipped me off that this ...

Two Activities I Would Never Outsource as a Part-Time Real Estate Investor

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As a part-time real estate investor, there are two activities I would never outsource. One is tenant screening. When you have the right tenants, passive income is truly passive and it is enjoyable interacting with these people who appreciate the housing you provide and pay rent on time. When you have the wrong tenants, it ...

Toxic People Are Not Worthy of Your Attention

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Most people are good. But some people are toxic. Surround yourself with the good people. It’s easy because they constitute the majority of people in your sphere of influence. They might not all be superstars and that’s OK. The good people are easy to spot. They have good intentions. People with good intentions will usually ...

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