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  1. randallg99

    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    The Big Short by Michael Lewis was a great read. It's not fiction but almost may well be.
  2. randallg99

    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    Just finished Steve Jobs' biography. Found it very interesting for different reasons. It wasn't portrayed by the author but the impression I'm left with is that Steve was like the kid in grade school we all loved to hate. I would never want to be in the same room with him, but wow, Steve was the...
  3. randallg99

    Thoughts on hiring first sales person?

    PEOPLE 
    the first thing that came to mind is that you appear to have a lot of items to offer. In my experience, teaching people about a lot of different things can take a long time and many of your efforts will not be streamlined. Sales training never ends, but you don't want anyone to be overwhelmed. I...
  4. randallg99

    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    I second this - Covey's book is probably one of the most influential behavioral books ever written along with Carnegie's "How to Win Friends and Influence People" both of these books are MUSTS for anyone seeking to start or expand a business And they're worthy of reading again. And again. As a...
  5. randallg99

    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    I am almost finished with SuperFreakonomics. Definitely entertaining, quick reading and thought provoking. I enjoy reading books that aren't so forwardly self-help such as this one. An analytic book like this sharpens the ability to evaluate certain situations using different metrics from those...
  6. randallg99

    Any Mentors?

    Mentors are so key to early success. Having the knowledge gained from recently closing two of my businesses (one was around for 18 years) and about to open up two new businesses I have unknowingly turned into my very own best mentor. I wish I had someone to lean on during difficult decision...
  7. randallg99

    Negotiating vs. Low-Balling

    HOT! 
    thank you for your experience dealing with internationals - I find it extremely fascinating. I have dealt with Russians before and it's important to have thick skin. I have also dealt with Panamanians and it's important to be very personable. If you're in sales, then you'll know what I mean...
  8. randallg99

    S&P downgrades US credit rating from AAA

    firstly, the recent downgrade was probably medicine well needed. I am not sure if the politicians fully understand what a downgrade even means but lucky for those idiots the interest rates will most likely stabilize at the current levels (flight to treasuries have been UNREAL - bond auctions are...
  9. randallg99

    Looking to buy 3 family home that is foreclosed, need some advice

    REAL ESTATE 
    1. what is cap rate on property? 2. are you financing the purchase? 3. if yes, what are terms/rates? 4. are you able to get the pipes working before purchase? 5. did you get quotes from contractors to do the repairs? 6. are the heaters working? 7. have you spoken with housing...
  10. randallg99

    Thoughts On Direct Mail

    direct mail has evolved into a "target marketing" mechanism and in a way, you are correct in that it has lost its appeal when selling to the masses. Very few businesses have the means and products/services to sell to the masses, which is the very reason why direct mail has lost its importance...
  11. randallg99

    Junior Achievement?

    I volunteered for a couple of years. It's an organized program and was very well received by the school so the teacher welcomed this program with open arms. The 4th grade class was ethnically diverse and there were several very onery (and i use that word loosely) students who most likely give...
  12. randallg99

    What do you want to do with your time and money?

    MINDSET 
    watch my kids grow. it's very interesting as I look back at many people who told me while in my 20's and 30's that health is the most important thing you can ever live for. And Happiness, too. With a capital "H" for Happiness. Health and Happiness. Hurry. oops, another "H" - Make that...
  13. randallg99

    Info Thread: Updates on US Financial Markets & Govt interventions

    HOT! 
    hey Jonleehooker, the banks' lifeline has been the low rates. The overnight rates have been pretty close to zero for a long time so banks have had access to free capital thus all of their carry should have been theoretically profit. so the question begs what happens when rates start hiking...
  14. randallg99

    Info Thread: Updates on US Financial Markets & Govt interventions

    HOT! 
    hey Russ - I think what's more fascinating than Buffet getting paid back is that GS sold themselves for peanuts when the times were dire and even though GS just paid back a chunk of cash, don't forget that Buffet still owns long term warrants that don't expire for another few years. In...
  15. randallg99

    Shared Portfolio

    INVESTING HOT! 
    hopefully I properply formatted the list for easy viewing. I've made a couple of minor changes during the last 10 trading days due to vomitting after a couple of trading days. The swoons have been absolutely unreal and I am taking steps to limit the volatility in the port. 1 - I eliminated...
  16. randallg99

    Shared Portfolio

    INVESTING HOT! 
    interesting you mention POT.... I've been looking to expand into fertilizers again. I did very well with POT some time ago. Here is current port as of today around 2pm. the CCME position has violated all of my rules, so at this point I am waiting to see what happens before making a final...
  17. randallg99

    Fallout: When States go bankrupt...

    oops! forgot that Jerry Brown is back... maybe terminator movies are coming back? :) a few news stories recently dealing with the states trying to collect more revenue. laws buried somewhere under thousands of volumes are surfacing so that state treasury departments can start collecting...
  18. randallg99

    Fallout: When States go bankrupt...

    ah, kids deleted my message before i saved it... here it goes again: i wanted to reiterate something very important... what the Fed gov't chooses to do will be determined what's best for the "masses" and to have politicians looking their best before their constiuents. If I was president of...
  19. randallg99

    Shared Portfolio

    INVESTING HOT! 
    the stock has been on a roller coaster and it's been gut wrenching.... the negative press seems to have been conjured by shorts with access to a lot of press (Muddy Waters and Mike Citron) the other side of the coin is there are a couple of shrewd, large investors who are largely invested...
  20. randallg99

    Fallout: When States go bankrupt...

    hi, a few points to consider: as mentioned already, states are under fed mandate not allowed to file. However, the state can (and eff an A better) threaten "non-payment" for services rendered.... this will probably the tactic used when negotiating union payments and unfunded employee...
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