by Leif Jensen | Aug 2, 2017 | General |
We now populate the odd urban locations and out of sight suburban areas with storage unit facilities. This has allowed a specialized group of people to capitalize on our near complete inability to make a decision. I have known multiple people who while moving...
by Leif Jensen | Aug 1, 2017 | General |
I have quite a few clients who own rental properties that generate actual cash flow, but because of the depreciation expense of the properties generate actual tax loses. Over the years, I have had clients that were reluctant landlords. With personal changes in their...
by Leif Jensen | Jul 31, 2017 | General |
A stock is a type of security that signifies a small percentage of ownership in a corporation and represents a claim on part of the corporation’s assets and earnings. Warren Buffett likes to say that the first rule of investing is “Don’t lose...
by Leif Jensen | Jul 26, 2017 | General |
I was on my way to a client and I heard a story on NPR about the impact of student loan debt and the stats threw me, so I went back to get the details. According to the story there are 44 million Americans that currently have student loan debt. This is over...
by Leif Jensen | Jul 25, 2017 | General |
A client was generous enough to track down a library that still has a copy of Seth Klarman’s “Margin of Safety “available to read in the library. Yes I own many, many books but I am not willing to spend $1,200 on this one, when I can read it for free. Klarman starts...
by Leif Jensen | Jul 24, 2017 | General |
When I am starting to work with new clients, one question I typically ask them is do they have a Board of Directors (BOD) or a Board of Advisors (BOA). Basically someone whose opinion that they trust and respect that they can bounce ideas off of. One client...
