Reality Isn’t An Option – Facts Are Persistent Creatures

Posted on October 21, 2009 @ 2:26 pm - Written by BawldGuy

The human condition is one of constantly merging what we want with what we perceive — with what is in fact, reality. It sounds vanilla simple as ya read it, but we all know what a dangerous outlook human perception can be if it’s not aligned with the world’s merciless empirical truth.

I remember with a wincing smile the day I arrived at a friendly broker’s office to drop of an offer. It was way back in another life. I hadn’t seen this husband/wife team in over a year, so was lookin’ forward to the visit. When I arrived the wife happily remarked, “We were wondering who the chubby blond guy was.”

Ouch! Not exactly how I perceived myself. :)

That was the inauspicious beginning of my marathon career, another post altogether. Suffice to say, the next year or so saw a loss of 40-something pounds and over 7 inches on the waistline. Ultimately it was the consequence of merging reality with perception. The whole ‘perception is reality’ concept is true enough, but the so-called reality is often nothin’ but a mirage, as was my laughable ‘lean and mean’ self image. Read the rest of this entry »

Filed in 401(k)'s & IRA's, Capital Growth, Cash Flow, Diversification, Leverage  |  No Comments »


The Facts – What Diversification and Ferraris Have In Common

Posted on October 7, 2009 @ 7:11 pm - Written by BawldGuy

First let’s all agree, or not, on what diversification is in the context of investing. ‘Course, even that’s a tall order as it’ll depend upon who’s talkin’. Is it the financial planner? Is it the ‘expert’ hired by your employer to guide you in the investments you choose for your 401(k)? Who is it, and more importantly what dogs if any do they have in the fight?

Far more often than most would imagine, my job requires me to tell folks they shouldn’t invest their money into real estate, or make that exchange. They’re the only dog I have in the fight. Any other way of doing business doesn’t make sense to me.

One of my favorite Warren Buffet quotes says exactly what he thinks about the ‘traditional’ concept of diversification from the investor’s perspective.

“Diversification is for those who don’t know what they’re doing.” Read the rest of this entry »

Filed in 1031 Exchanges, 401(k)'s & IRA's, Definitions, Diversification  |  No Comments »


Copyright © 2006-2010 Brown and Brown Investment Properties - All Rights Reserved.