Brexit Raises Risk of Global Recession, Maybe After Britain voted to leave the EU last week stock markets around the world became very volatile. Two days after the vote $2.5 trillion were wiped from the world’s markets.? To put that into perspective that’s roughly the entire annual economic productivity (GDP) of the United Kingdom. George Soros, the investor who warned of… Read More »
Real Estate Ad Terms Some folks might think using words like “charming,” or “spacious” in a properly listing is smart and would result in a higher sale price. But in reality the opposite is true. Here are 10 common real estate ad terms. Half of them have strong positive correlations with a higher sale price, and the other half is… Read More »
I heard this parable on a radio talk show. It explores some important lessons about conventional wisdom, expectations, and opportunity, so I thought I would share it. I don’t know where it originated from here’s a paraphrased version of it. There once was a janitor who worked for a large corporation in the 1900s. Like many working class folks… Read More »
UK’s Upcoming EU Referendum The United Kingdom will hold a historical referendum later this week to let its people decide if it should remain in the European Union or not. There are a lot of issues driving the debate in Britain including immigration, sovereignty, defence, etc. But the financial factors are the most interesting to me so let’s break down some… Read More »
A recent report from the Brookfield Institute says that 42% of the Canadian workforce is at high risk of being replaced by computers and technology in the next 20 years. Suncor Energy is already planning to replace its fleet with autonomous trucks by 2020, which will lead to the permanent loss of thousands of oil sands jobs. Earlier this year… Read More »
The Challenge is Over Last week I embarked on a culinary adventure where I would limit myself to eating just $29 worth of food for an entire week. It was not to determine if such a thing is “possible” or not. Humans are very resilient eukaryotes. The average healthy person with a body fat percentage of 20% could survive multiple… Read More »