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Legacy in Motion

The Story of My Great-Great-Grandfather
While I enjoy reading stories in many forms, there's nothing quite like a biography.

Munger described reading biographies as gathering wisdom from the "eminent dead". Not only is it entertaining but also enlightening. You get to glean first-hand experience without having to go through the tribulations.

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Feb 2024

The Munger List

Human Tendencies That Befall Us All
Those who know me well know that I’m a huge Charlie Munger fan. I first learned about Charlie when one of his law partners spoke at my law school graduation ceremony. He quickly became someone I refer to as a “personal hero,” a description I use sparingly. 
I heard Charlie say in an interview once that he had busts of only two people in his house in California: Benjamin Franklin and Lee Kwan Yu.

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Feb 2024

Hands, Brains and Assets

The Only Three Ways to Make Money
I spent the formative years of my upbringing near the coast of South Carolina, in an area known as the “Lowcountry”. It’s a natural landscape of low-lying swamps, creeks, rivers, and islands – with the ocean nearby. Oak trees, some of which are centuries old, line the backroads. The breeze tangles with “Spanish moss” hanging down from the branches. The area is majestic and has its own vibe. 

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Dec 2023

The Definition of Every Company, in One Sentence

Every company is the same. 
Or, at least, every company can be described by one definition:

Every company is: a combination of people -and- machines -and- money -and- time, making a product -or- service -or- both, sold to a customer, for a price.

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Dec 2023

Time is Money

Products vs. Services
PRODUCTS
You own products. 

When you make them, they become your property. You can sell them to others… even while you sleep.

Intellectual property generates royalties, like real estate generates rent. Selling products generates profit margin, when done properly.

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