May 2020

NEIMAN MARCUS
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Neiman Marcus recently filed for bankruptcy, but Covid-19 wasn’t the sole reason so much as the accelerant. What killed Neiman? Here are a few points, hopefully this helps all the people who are interested in buying stocks when they dip...
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DIVIDENDS VS CAPITAL GAINS
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We discussed this in detail on my #KemetInstitute call about investing 101. Thanks to everyone for joining! We had 200 people on the call and over 50 who couldn’t get access because of capacity. So let’s break this important point...
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ACQUIRING SMALL BUSINESS
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Hey folks, there are a lot of good businesses for sale out there from people retiring, looking to move, or relocate. Real estate is great, tech is amazing, stocks and bonds are necessary, but you can also create passive income...
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Private Equity 101
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What is private equity? Most of you know already, but just didn’t know the name for it. Private equity is ownership in “private” companies vs. public companies. You can buy public companies online using @robinhoodapp, or any other company I invested...
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David Robinson
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One of the hardest things to do for retired athletes is to generate enough income after they retire that can cover their expenses so they don’t have to spend their savings. Why would someone with $10-20M at retirement have to...
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Vinnie Johnson
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Since we've all been watching the Jordan doc, I’ve been studying what guys from that era are up to. I recently told a very savvy athlete who’s a tech investor that,  yes he’s making money in tech (just made a...
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Grant Hill
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I've had a lot of conversation during "The Rona" with athletes who are planning their next phases in life, and I want to share a few athletes who I think transitioned well.  In my opinion, @realgranthill is as respected as a...
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Fast vs Slow
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"It's not the big that eat the small, it's the fast that eat the slow." Ooo wee! Thanks, @albertsye for reiterating this one for me. Lance Collins, the beverage GOAT, says this all the time. He started Fuze, Body Armour and...
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Expert
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"The most important thing you can do as a young person is to become an expert at something. To be skilled at whatever it is you are desirous of pursuing."  Robert F. Smith the GOAT said this quote, and I...
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Progress
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I’m from Chicago, but one thing I like about Golden State is watching their players win championships AND become great investors. The ownership group and environment in San Francisco promotes it from behind the scenes. At game, the family and...
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