Archive for October, 2008

October 28th, 2008

How Not to Use a Lawyer – A Personal Case Study (Plus: Protocol Marketing correction) 180 Comments

Topics: Language, Nonsense, The Book - 4HWW

Ah, lawyers. It’s a love-hate relationship.

Just this week alone, I’m working with a literary attorney (publishing), an entertainment attorney (TV), and a corporate financing attorney (angel investments).  All three are great.

Yesterday, though, I received the threatening letter below from Protocol Integrated Direct Marketing, whose call centers I recommend in the 4HWW. WTF?

Click to enlarge… Read More

October 21st, 2008

Rethinking Investing: Common-Sense Rules for Uncommon Times 117 Comments

Topics: Investing


I first saw this video at the May 2nd, 2008 Berkshire Hathaway shareholder meeting. Prophetic and not to be missed.

I’ve learned quite a few things in the last 18 months of exploring—and experimenting with—the world of investing. This post is my first attempt to share the findings.

The lessons have come from not just reading books, but trial and error, and picking the brains of some diverse and fascinating people:

-Warren Buffett, the richest man in the world, and CFOs/financiers at Berkshire’s portfolio companies
-Chief economists at top investments banks
-Dot-commers who have turned $40,000 into $2,000,000 in stocks using massive leverage
-Conservative entrepreneurs (still self-made millionaires) with all-bond portfolios
-Money managers of the ultra-rich and ridiculously famous
-Ivy league professors who not only trade options exclusively but also bet up to $500,000 per night as no-limit hold ‘em poker players.

In all cases, excluding blog reader feedback (how could I know?), the principles I will offer are from people who have made millions in their respective investments, not armchair quarterbacks (advisers) who take a management fee from the people willing to take real risks… Read More

October 19th, 2008

9 Tricks for Getting a Table (and Being a VIP) at Hot Restaurants 89 Comments

Topics: Filling the Void, Rockstar Living in...


How do you skip the line and get the corner table? (photo: Thomas Hawk)

An evening out should be special, especially if it’s an expensive evening.

But too often it’s a disappointment. Does the following scenario sound familiar? After weeks of trying to score a reservation at that new restaurant that just got a great review, you finally get one – only to find yourself waiting until 9pm for the table you were promised at 8pm. When you’re finally seated, you find yourself waiting – for a drink, for your food, for your check, even for your coat.

It might be somewhat tolerable if you looked around and saw that everyone was treated the same, but that’s rarely the case.

There always seems to be at least one table getting the VIP treatment. It’s like a little oasis: The diners aren’t kept waiting; the waiters are particularly attentive; and the chef may even come out to say hello or send over some extra desserts at the end. Who doesn’t want to be treated like that?

I’m not fussy and I’m not high maintenance. I think those are two reasons I stumbled upon the secrets of being treated like a VIP… Read More

October 18th, 2008

Investment Series Preview: The “Good Bye and F__k You” Letter 81 Comments

Topics: Investing


Is this a hedge fund manager? (photo: dannyhammontree)

I’m in the process of preparing a series of posts on the investment lessons I’ve learned in the last 18 months.

To preface the series with some humor (and insight), I thought one particular farewell letter would be appropriate. The author is hedge fund manager Andrew Lahde, who produced a one-year 866 percent return betting on the subprime mortgage collapse.

Today, he announced he was leaving the hedge fund business with a rather hysterical letter… Read More

October 13th, 2008

Deadline in Less Than 7 Hours – An Important Bribe (Plus: Happiness Research for Economic Crashes) 167 Comments

Topics: Filling the Void


Take 10 seconds today to fill up your karmic bank account. (photo: woodleywonderworks)

Part 1 – The Favor and Bribe

This two-part post is interrelated, so I recommend you read both sections. If you take 10 seconds to do the first part, it should — based on the research — make you a happier person.

The first part is simple. I want to give ten of you $150. More on this a little later…

There are less than 7 hours left to help 100,000 public school students get $1.5 million dollars in much-needed funding for their educations. A single click here is all I ask of you, and I sweeten the pot with a bribe below… Read More

October 8th, 2008

From Tesla Motors to the “Patriot Hack” – Martin Eberhard on Protecting Your Privacy Online 57 Comments

Topics: Travel


I found Martin Eberhard, co-founder and former CEO of Tesla Motors, in the pages of 2600.

I was deep in the throes of palate nirvana at Stumptown Coffee in Portland (good coffee is not bitter) when I came across a curious article in 2600: The Hacker Quarterly.

Nursing the best dark brew I’ve ever had, I moved from a great article on free global phone calls to another on the language of gang signs, ultimately landing on a column signed not with an anonymous pseudonym but by Martin Eberhard, co-founder of Tesla Motors.

The subject? Engineering a “patriot hack” to protect privacy online. This, I remember thinking, should be interesting… Read More

October 6th, 2008

Two Short Videos – How and Why to Be Unreasonable, The Art of Tweaking 72 Comments

Topics: Filling the Void, Travel


Just take a right at…. huh? (Street signs in Wales)

In the wee morning hours of September, I took my first trip to Wales to experience The Do Lectures, which is held in tents in the Cardigan wilderness.

Not only did I get to sleep under deer skins in a high-end geodesic dome (not kidding), I got to dropkick my brain reading Welsh and drink the best peppermint tea I’ve ever had. Fun times indeed. Even water buffalo came to the party (again, not kidding). I put some pics at the end of this post.

My 15-20-minute presentation — the first video below — was titled “How and Why to Be Unreasonable.” The Do Lectures have a clear environmental focus, but I’ve never done anything large in conservation or enviro-activism, so I decided to explore more universal principles of doing big things.

Here’s the thumbnail description:

“Case studies of how to think big and test assumptions to accomplish the impossible, whether launching a #1 bestselling product, setting a world record, or changing the world”… Read More

October 3rd, 2008

Harnessing Entrepreneurial Manic-Depression: Making the Rollercoaster Work for You 213 Comments

Topics: Mental Performance

The sky is falling!

Ever since the media’s Chicken Little response to the tremors in the financial markets, I’ve felt like shouting from the rooftops “now you know how it feels to be an entrepreneur!”

I just lost 9% overnight?! Fill a bathtub and get the toaster. I’ve had enough.
Wait… I actually gained 13% while in the bathroom? I’m f**king Superman!

This is a guest post on capitalizing on — vs. countering — the “entrepreneur’s disease” (manic depression) through 4 cyclical stages. This is done by pairing appropriate activities to specific — though not necessarily positive — emotional states… Read More