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Archive for August, 2010

When Experience Turns Into Complacency, Watch Out

Tuesday, August 17th, 2010

A few days ago I was traveling with my family, en route to South America. Having logged over 2 million miles (I am “Platinum for life” on American Airlines), I know my way around airports as much as George Clooney’s character Ryan Bingham in the movie, “Up In the Air.” Knowing that our gate was […]

Billionaire’s Advice: Take Perceived Risks – Not Actual Risks

Tuesday, August 3rd, 2010

I saw billionaire Wilbur Ross, Jr. on Charlie Rose tonight, and something he said struck me like a thunder bolt. He talked about how his holding company bought bankrupt Cleveland steelmaker LTV for cents on a dollar, and later sold it for billions in profits. He shared his secrets during the interview: “We’re in the […]