as we all watch the world “collapse” I sit back and ponder. I guess I feel a bit lucky, personally, because my life savings is currently invested in my own startups rather than a stock portfolio (except my rapidly deteriorating retirement fund which I cannot touch for 40 years anyway) But we all need to sit back….should this say “why …
How to valuate these companies???
the more i study business and finance the more i learn its all a crapshoot….but there are 3 ways to valuate a company 1) book value times a multiple —– assets minus liabilities = book value. Then you get the multiple based on market value for similar companies. 2) cash flow times a multple —– how much free cash is …
Maybe I Should have gone to MBA school……
Shanghai China Disco MT3 a few nights ago Past week….was a rollercoaster….emergency call from a usa customer…..next day flight to a factory (below) 2 days of negotiation….conference calls, fighting….contracts, legal consul, everyone wants to be a “boss” until shit hits the fan. Maybe MBA school would have been a better way to learn….but then again…..what do you really learn in …
Last day in USA – San Diego – Appreciation for the US
Spent the past few days in good ol’ san diego california! Amazing place…..really is a paradise. Bought some hippie and beach souveniers for my friends in China. Hard shopping for Chinese because everything is MADE IN CHINA!!!! My last full day in US for…who knows how long….and makes you realize how lucky people in the states are. I hope everyone …
Action Packed New york city / jersey city / hoboken
Above – spent a Sunday afternoon with my friend Laird and Carl – they’re happily married and expecting their first child…..amazing! spending past few days visiting coworkers, friends, and business associates. Trying to do 110% what is possible….upsetting some with overbooking myself…..realizing that I just can’t see everyone and do everything…only a few more days and then Chicago…… keep pushing …
Back to USA – we need to consume less!
Back in the USA for a week now – great meeting friends, customers, suppliers…. All I can do is read the news and look around. It makes me realize how the world is FLATTER and FLATTER China, India, emerging markets – aren’t emerging anymore They are developed lands, with people who are driving more, eating more, living more. I read …
made it to Hoboken!
good old hoboken, new jersey. been back since late monday night. visiting old school faculty, friends, and getting back to the hyper lifestyle…. Just had pizza w/ my friends Lily, Chris, and Tyler (CAPITAL T!!) Alumni event at Stevens Tech in a couple hours, did banking, client relations, and now at the computer lab.
oh you’re american…..the canadian dollar is worth more….
oh man….every Canadian I talk to it seems…I’ll explain I’m from the US..and one of the first things…oh yea, you know the Canadian dollar is worth more then a US dollar??? nah…I didn’t notice at the FX exchange….. sad thing…i’d bet the Canadian dollar will continue to appreciate vs. the US dollar. Supposed to be on our way to Montreal …
landed in Halifax, Nova Scotia, Canada!
freezing my arse off in Halifax! he won’t sell britney spears! This CD shop I stopped by, the owner refuses to sell music that he doesn’t like…he has a cool dog too! late last night landed in Halifax. My buddy from College, Salem, picked me up. We’re roadtripping through Montreal and then to Hoboken / NYC. He’s relocating back there …
Survived Cyber Monday – Who Needs an MBA?? Experience!
Feel like I’ve passed some kind of test. Retail site New York Bar Store survived a rough couple weeks……internal employee issues…operations….chargebacks….but we manage…regroup…and move on. I remember I was thinking of getting an MBA…but you know what? 1) I never liked school – I like to study what I want to use in life. 2) I don’t want to pay …
back in the USA
arrived back in the states about 12 hours ago….measured how long it took me….lets see – I left my hotel in Beijing about 11am local time (10pm ET) and arrived in Miami Airport 10:30pm (11:30am next day China) so about 24 hours of traveling…..I usually don’t sleep on planes…but I kept catching myself knocked out sleeping in weird positions w/ …
Checked my Mail in Florida
was just in Florida this past week – saw the parents and grandma, uncle – missed the rain storms just barely! but on my trip to Florida checked my piles of mail! Had a birthday card waiting for me (btw – my birthday is in April!) and there was the birthday horoscope. reading that BLEW my mind……seems to hit it …
lost my last entry – redo!
wrote my last entry from my cell phone saturday morning…unfortunately didn’t work. since last posting spent some time at magoo’s house – sheetrocking cementing nail pulling out of old boards – firewood – most of this was all him – but i did aid in emotional value support…. looking into trademarking , patenting, and other fun professional stuff just hustling …
strange things….oh those strange things
funny reading this email I received and thinking about how much life has drastically changes in the past 6 months…alas – here’s a very interesting forward that contains many cocktail party conversation starters.. —–In the 1400’s a law was set forth that a man was not allowed to beat his wife with a stick no thicker than his thumb. Hence …
good to be back in Connecticut
so the past days I’ve been living out of my luggage….interesting part is that my last few days in San Diego involved many comings and goings of friends on the east and west coast! most likely the labor day weekend, some girlfriend/boyfriend breakups, and simply the end of summer vacations caused the unexpected spurt of visitations at Piotr’s. after surviving …