Financial Physics – Part III

Posted in: Cash Flow, Decisions, Financial Planning

15% profitability is your breakeven Why do businesses need a profit? To stay in business! Profits are used to expand,...

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Financial Physics – Part II

Posted in: Cash Flow, Financial Planning, Risk

Never pay fixed bills with variable money In the second law of financial physics, we move our discussion to the...

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Financial Physics – Part I

Posted in: Cash Flow, Financial Factory, Financial Planning, Investment

If you’ve never heard of financial physics, no worries, it’s just like regular physics. There are...

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Controlling the Uncontrollable

Posted in: Decisions, Financial Planning, Risk

When you really think about it, the only thing absolutely outside of our control or influence is the weather. The...

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Dallas to Flagstaff

Posted in: Decisions, Financial Planning, Risk

 “What’s that noise?”   “Not sure, heard it over Dallas but then it went silent again.”...

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The Certainty of Uncertainty

Posted in: Decisions, Financial Planning, Risk

In response to PepsiCo announcing they will cut 8,700 jobs in 2012, PepsiCo CEO Indra Nooyi said the following,...

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Bricolage

Posted in: Cash Flow, Decisions, Financial Factory, Financial Planning

Bricolage is a French word every financial planner should be familiar with. The core meaning of the word is to be...

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Learning from Failure

Posted in: Decisions, Financial Planning, Risk

Mike Kryzewski or Coach K is the winningest basketball coach in NCAA history, a graduate of West Point and arguably one...

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Finding the Perfect Picture

Posted in: Decisions, Financial Planning, Risk

My good friend Dewitt Jones, who was instrumental in helping me set the course for the book, just recently spoke at an...

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Circles in the Dark

Posted in: Decisions, Financial Factory, Financial Planning, Frustration

A blindfolded human being will walk in circles, not a straight line. We hear stories about lost hikers walking in...

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Know Your Finish Line

Posted in: Decisions, Financial Planning, Investment, Risk

Once you’re wealthy, is there ever a reason to become unwealthy again? According to Datamonitor, millionaires in...

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“I Enjoyed Being Shot”

Posted in: Decisions, Financial Planning, Risk

On the outskirts of Bogota, Columbia stands a company whose mission is to keep you alive. They sell golf shirts,...

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Slave, Save and Die – In that Order

Posted in: Financial Factory, Financial Planning

Sounds exciting. Living your entire life forever postponing life. This is the path the financial factory needs you to...

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When the Right One Comes Along

Posted in: Decisions, Financial Planning, Risk

Regret is a stern taskmaster.  It won’t let you rest. Thinking about what “coulda, woulda, shoulda” is like...

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Wisdom from the Cave

Posted in: Decisions, Financial Planning, Frustration, Risk

At ninety-three, Richard Zimmerman broke out of his nursing home and hitchhiked all the way back home.  He didn’t...

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