What I Wrote Last Week 3-Day Experience In Granada, Spain 3-Day Experience In Malaga, Spain Business The Rise of the Forever Renter Class. Treat your personal finance as a business. Every decision should be geared towards being the best for the business. I said the best, not the highest ROI. If we care only about…
Malaga is just 1.5 hours by train from Granada and it’s our next stop on our European trip. The train station is farther from the city center in Malaga than it is in Granada. To maximize time in the city, we decided to take an Uber. We got to the central area around 9am, but…
We arrived in Granada from Madrid after a 4.5-hour train ride. Even though the two cities look far away from each other on a map, high-speed trains in Spain make it possible to go from one to the other in just a few hours. It cost each of us $75 for the ticket, which is…
What I wrote last week My Experience In Madrid Business The Complex Case of TikTok in the United States. I don’t believe for a second that TikTok will refuse data requests from the Chinese government. One way or another, they will comply. And I don’t blame them. It is what it is. Unfortunately, that is…
My wife and I are on an extended travel trip to Europe. Our first stop is Madrid. With some time to spare and concern that over the next few weeks I won’t remember all the details any more, I want to jog down a few things quickly. Preparation First, the weather. It’s somewhat cool and…
Business Americans’ New TV Habit: Subscribe. Watch. Cancel. Repeat. This kind of behavior will have major ramifications. Will the streamers introduce longer non-cancellable subscriptions at discount? Will credit card issuers create a feature that can protect consumers from accidental subscriptions? If subscribers pay to binge watch a certain show, how should streamers and producers market…
When people say that they buy a house to build equity, what does it mean? If you treat your personal finance as a business and look at it through your personal income, balance sheet and cash flow statements, it will make sense. Balance Sheet Equity is the difference between assets and liabilities (debts). Assets include…
Business Why Marriott, Hilton and Hyatt Don’t Actually Own Most of Their Hotels. This asset-light franchise model indeed allows faster growth than the capital-intensive model which would require chains to own hotels. But the franchise model also requires a lot of work. First, chains must be popular among millions of guests. Maintaining the brand values…
What I Wrote Last Week Getting A Spain Tourist Visa Business ‘I am so scared of them now’: Burned from overspending, some ‘buy now, pay later’ users warn others away. BNPL is a tool and whether it is a net positive or negative depends on how one uses it. It can be useful in some…
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