Discussing the people, ideas, and companies that redefine capitalism and inspire positive change
Ideas may be a dime a dozen, but turning an idea into action generally costs money–sometimes a lot of money. And that’s where Google can be of service. It’s Google’s Tenth Anniversary, and they are celebrating by giving away up to $10 million for good ideas to change the world. Project 10^100 is open to [...]
One of the most commonly preached mantras about the current economic system is that it will “bring wealth to everyone”. This, put politely, is a huge steaming pile of horse manure. Wealth isn’t an absolute measure which will, say, always be three feet long. It’s a comparative measure which is defined by being over a [...]
This article was originally published on Eco-Libris blog on September 17. I really love milk, so I was very happy to hear about this new great idea that is coming from the UK: a milk bottle that is made mainly of recycled paper and can be recycled again. In one word: Greenbottle. Greenbottle (http://www.greenbottle.com) has [...]
As the government begins to unleash a highly criticized bailout plan for Wall Street’s toxic mortgage backed assets, it is worth taking a step back to understand how the problem actually arose.
Investing In Real Estate
It all started with real estate investing which involves the purchase, ownership and sale of real estate for profit. Real estate is an asset form with limited liquidity relative to other investments, it is also capital intensive (although capital may be gained through mortgage leverage) and is highly cash flow dependent. The primary cause of investment failure for real estate is that the investor goes into negative cash flow for a period of time that is not sustainable, often forcing them to resell the property at a loss or go into insolvency.
This week, everybody is watching the stock market and talking about the economy, but I want to do a little reality check here. Other than tweaking our portfolios, there isn’t much we can do about it. Was the bail-out the right decision? Was it not the right decision? Talking about it makes us feel better—as [...]
