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Archive for September, 2012

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How Khan Academy Got Started

Monday, September 24th, 2012

I was perusing the latest issue of Fortune this morning and came across an article about a new book, One World Schoolhouse*, by the founder of Khan Academy. The article referred to an older article that was published in Fortune in 2010. I found that article and wanted to share a portion of it about […]

Announcing the Winner of “The Indomitable Investor” Giveaway

Friday, September 21st, 2012

The winner of the latest AFM giveaway was commenter #6, Mercyn. Congrats to her! I’ll have another giveaway in less than two weeks. Stay tuned…

Chart of the Day – Chevron vs. the S&P 500 Total Return (1970 – present)

Friday, September 21st, 2012

Interesting chart I put together. Notice how the two are neck-in-neck until somewher around 2003, which is about the time oil prices took off. It’s also interesting in that we can probably expect that high oil prices have had a negative effect on a lot of the companies in the S&P 500 Index. Bottom line: […]

Humor: Great Money Quote From Shaquille O’Neal’s Book

Friday, September 21st, 2012

AFM reader, Anna, posted a link to this quote from Shaquille O’Neal’s book Shaq Uncut: My Story* yesterday in a comment. I thought it was worth sharing because it made me laugh: NOTE: “Lester” is Shaq’s accountant. One of the things I invested in when I first got to Orlando was some coin-operated car washes. […]

How Did NFL Quarterback, Vince Young, Go Broke?

Thursday, September 20th, 2012

This kind of stuff saddens me: How did Vince Young end up broke? A 20-year-old model embarking on an NFL career is doomed to fail if he does not have the right people around him. Family is not the right people, no matter how good or loving or well-intentioned they are. Further… I once asked […]

Check Out This NY Times Graphic on Tax Burden

Wednesday, September 19th, 2012

Here it is (click on the graphic to see it as part of a much larger graphic): Source: NY Times I have a couple of questions regarding the payroll taxes portion of the graphic: • At the lower incomes, why are the numbers different? If the tax is the same percentage up to income cap, […]

GIVEAWAY: A Copy of “The Indomitable Investor” by Steven Sears

Wednesday, September 19th, 2012

I’m trying to get more consistent with AFM giveaways. This is the second giveaway on the new every-other-week schedule. I posted this giveaway earlier this year, then had problems with my website and never followed up on it. So, let’s give it another go around. If you’d like to take part in this giveway, just […]

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