I have not had much motivation lately to fix Scoretask. I need to build up some momentum again to get stuff like that fixed.
After Laurel and I visited Portland for Jordan’s wedding, we watched a few episodes of the Portlandia television show on Netflix. Pretty funny, but it does wear out after a few episodes.
The goal of my investment principles is to maximize the value of my investments over my lifetime. I want a high return with low risk.
Here they are in their current form in order of priority:
- Seek companies that I believe have a high probability of long term (10+ years) success
- The most successful companies are run by their founders on a day to day basis.
- Companies should have a very strong price to sales and price to earnings ratio compared to their competitors and industry at large
- Companies should pay a regular dividends
- Companies should use debt safely and moderately if at all.
- Tax harvesting is okay to use, but making returns should always be the top goal. Taxes are secondary.
- Balance bonds with stocks. Never less than 20% in one or the either.
- Balance domestic with foreign investments
- Investing in my own business is usually the best way to achieve the above goals. Diversification is important though.
For a long time, capacity has been one of Coalition’s greatest limiting factors. I built a new recruiting system though that has helped us exponentially increase our ability to hire new folks. Now, it is making hiring new people on much easier. I am actually preparing to send out 17 offer letters today! I hope to have about 8 of those people accept the offers and maybe 5-6 work out to be great team members. That’s based on past experience of the ratio of how things work out.
I am currently very confused about what is going on in the global economy. Interest rates are negative, most assets seem to be in a bubble… very confusing as to where to invest.
Great book on addiction.https://www.goodreads.com/book/show/14817.A_Scanner_Darkly
It is incredibly ineffective at security. It costs billions. Shut down TSA.
I have been trying to review my old work and interactions with people to see what I can learn. Today I am watching one of my company videos from a few months back.
- Make sure that I share my screen when doing demonstrations so remote workers can see it.
- Have other people talk more, not just me.
- Kind of boring
- Use more visuals, try to do powerpoints
- Mix up the topics more
- Bring in outsiders