Cer302

Lone Survior. I think is the best movie of the year.

The article kinda reminds me of market peak articles of 2000 and 08, Where normal people making good returns at the same time a rising market with little or no research

Here is the speech. It is good. http://www.utexas.edu/news/2014/05/16/admiral-mcraven-commencement-speech/

I was on the fence too but from what I understand it has a marxist/socialist leaning and he advocates an 80% percent tax on people who make more then $500k. I have a different perspective but I may read just to get another viewpoint.

Yes but I think it would be easier to do it after you buy the property and depending on how or if your financing requires an appraisal. One could you both of these to help strengthen your value conclusion. If you are using private financing or cash one could pay for an appraisal or could have a commercial broker do a BPO (broker price opinion) similar to CMA for a lower cost. I am located in a different state so my experience may not be same due to different state laws and customs.

I would talk to a commercial broker and or real estate attorney and see how easy it is to get a reasessment of the real estate values for tax purposes but again this is Detroit.

Or we are just really old and have nothing else to talk about.

Before reading most real estate books, I always liked to check John T Reed's opinion of them. He is very critical of most real estate books but likes to give background information on authors such as criminal history and or past financial history. http://www.johntreed.com/Reedgururating.html I also recommend any book by Jeffery Taylor know as Mr Landlord however his site is horrid. I do like his weekly emails which offer good insights and reference to various landlord issues.

I was rather disappointed by the lecture, he only spoke for about 30 minutes and 5 minute of Q&A. It also appeared the lecture was dumbed down for audience. The main premise of the speech was a CEO needs to find shareholders who want to be owners of the stock and if he does his job correctly by allocating capital right, the right shareholders will come and not rent the stock. Shareholders need to find management who are owners of the company and not renters of the company stock. He stated that management and board directors should only sell half of their restricted stock or options for tax purposes except those potentially in California and New York. Avoid management who as soon as restricted stock or options are vested sells. He also stated that most acquisitions are value destructive and there are only a few companies who are good at creating value by acquisitions. He mentioned the book "The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success" and also said he knew 5 of the 8 personally.

Thanks for letting me know about this. I will take notes and update when I can