College Football National Champions: UTAH

The BCS National Championship for college football went to Florida (13-1), as did the AP sports writers poll.‚  However, the true national champion for college football this year is Utah (13-0).

Utah went undefeated, winning 13 straight games.‚  Utah beat 4 ranked teams.‚  Utah beat Michigan in the Big House.‚  Utah beat #12 TCU.‚  Utah beat #14 BYU.‚ … read more “College Football National Champions: UTAH”

How to Prevent Future Financial Crises

How can America prevent future financial crises like the current one in the housing market, the dot com bust and the big crash in 1987?

The solution is simple, requires no government regulation and is virtually foolproof: Make company leaders personally financially liable to shareholders for the performance of their companies.

Corporate bureacrats will scream bloody murder at this suggestion, but true entrepreneurs and business leaders will appreciate the straightforward incentive to carefully manage risk.‚ … read more “How to Prevent Future Financial Crises”

Financial Risk Management Article

Found a great article on the New York Times about the risk models used by the so-called “finance geniuses” that were so tragically wrong.‚  It boils down to the fact that most of the risk models were based on historical data and did not consider the fact that markets can sometimes be wildly unpredictable… heck, there is even the miniscule probability that financial markets could go all the way to zero.‚ … read more “Financial Risk Management Article”

The Great Debate: Body versus Brain

Tomorrow, I have two things that I really want to do.

The first is to watch the BCS college football national championship game between Florida and Oklahoma.‚  Tim Tebow, Florida’s quarterback, is possibly the greatest college football player ever to step foot on the hallowed gridiron.‚  Tebow will battle Sam Bradford, this year’s undeserving Heisman Trophy winner.‚ … read more “The Great Debate: Body versus Brain”

King of America: The Joy of Gluttony

Shows such as “The Biggest Loser” and “Quarter Ton Teen” have been cropping up lately trying to encourage Americans to eat less. Pop psychologists regularly appear on talk shows jabbering about how America has an “obesity epidemic” and how gluttony is tearing apart the fabric of our society.

Enough of that crap. The King of America is here to share with you some of the joys of gluttony.… read more “King of America: The Joy of Gluttony”

Elite Finance Gurus: Idiots, Frauds or Geniuses?

As a finance major in business school, I heard many times how Wall Street finance guys were the pinnacle of humanity and how they were far more intelligent than the rest of us.‚  The ground they walked on was holy and their pronouncements hammered in stone.

After the huge market crash, these former untouchables are now catching a lot of heat and being accused of defrauding investors, hurting America and even stupidity.… read more “Elite Finance Gurus: Idiots, Frauds or Geniuses?”