Everything is deductible until you get audited

Over the years I have done presentations to all sorts of professionals that believe they know the tax laws better than I.  I am not talking about my peers who love to memorize the code, the rates and nuisances.  They know it off the top of their heads, where I may...

The Casino App

We now have a couple of generations brought up on video games, so was it ever a far stretch that someone would create a stock trading app that gamified investing. Michael Burry from the “Big Short” (book and movie); blasted Robinhood’s gamification of investing,...

The Great Chicken

Are you one of the many who regularly purchases roasted chickens from Costco?  We tend to get ours from Sam’s Club; it’s on the way home. To keep costs as low as possible, Costco opened the $450 million facility in Nebraska in 2019, which processes about two million...

The “greater fool theory”

The basic thought behind any investment, stock, collectable or tchotchke is that it has value and can be resold at a later date; or so thought all of the beanie baby holders. What they were relying on was the “greater fool theory”. The greater fool theory argues that...

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