On February 1st, the City of Amarillo, TX broke ground on their brand new downtown $45.5 million publically-funded baseball stadium, the future 2019 home of the AA-level minor league Missions baseball team, a team currently based in San Antonio. As I wrote about last week, I dislike these public-money stadium deals, for two reasons. First, […]

Psst: Do you want to hear about a neat investing trick a family friend showed me? She started with $250. Through alchemical magic – well, a mixture of time, compound interest, and an important dash of negligence – she turned that $250 into an investment today worth $135,000. She still owns it, so results may […]

January 2018 brought some strong, but mixed, messages to the marijuana-producing business community. Despite those contradictory signs, pot will be legal in Texas much sooner that we expect. Maybe not in 2 years, and possibly not in 4 years. But if it’s not totally legal for recreational adult use in 10 years I’ll eat my […]

In case the broadcast of the Super Bowl on Sunday didn’t make it crystal clear on high definition TV, there’s one very specific reason why the NFL chose to hold a giant tourist event in freezing Minnesota in February. (Hint: It wasn’t for the fan experience.) The reason: Money. Specifically, $1.2 billion spent to construct […]

First things first: Do. Nothing. Because, as you might have heard, the US stock market plummeted yesterday. The Dow Jones Industrial Average (DJIA) index, made up of the stocks of 30 major US companies, dropped by a record-setting 1,500 points before closing down 1,175 points on the day. Another popularly-followed index comprising 80 percent of […]