In November 2009, I said that the bottom is a historical concept (http://tinyurl.com/yk3zfmb) and that "the only time you ever know where the bottom of the market was is by reading the paper a week, a month, or a year after that bottom has occurred." Instead of focusing on the bottom, let's look for trends that point to the market moving north. I'll start by offering a good one.
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Beyoncé, in her very famous hit single, “Put a Ring on It”, advises a man that he should lock up a woman who he really loves by making her his wife. Well, OtterBox (http://www.otterbox.com/) wants you to “Put a Glove on It” so that you can provide the most extraordinary protection available to your cherished electronic device. Because if you like what you have, you're going to want to protect it and keep it safe for as long as you can.
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Next week, I'm going to the Consumer Electronics Show with my son. He and I are both avid electronics buffs, and we are anxious to see all of the new gadgets that are on their way out for the year 2010 and beyond. In the last 20 years, I've been to CES at least 15 times so I'm used to the flow of how products come out, make their debut, and then eventually end up on the department store shelves for consumers to buy. For example, I remember in 1998 I saw the first flat-screen TV's, which were completely revolutionary for that time. I recall that a 30-inch flat screen TV was about $30,000. Now, that same television is available for under $500. It really demonstrates how product launches and rollouts dance with price over time.
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Do you dream of winning the business lottery? If so, I might have found the jackpot that you have been looking for. I hope that you can benefit tremendously from this windfall program which is a real sign of the times.
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The world has gotten sufficiently complicated, where many of the rules that have been written in the past need to be broken or disregarded so that we can move forward and break through the log jam.
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This weekend our family saw the new movie "The Blind Side", starring Sandra Bullock. What an extraordinary and uplifting movie! Her performance was great, and there were a couple of other breakout roles that you will recognize when you see the movie. But, this column isn't about the movie. The column is about the social commentary that the movie presents.
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The most pressing question that I receive nearly daily is something like: "Joel, how do you see the economy? What's on the horizon, in your opinion?"
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Below is the third and final part of my personal reflections from the Real Estate Deal Making And Syndication Symposium that we just held in Las Vegas. My comments are directed toward the other people who attended this live program, but I chose to share them on my blog for the benefit of all real estate professionals and experienced investors.
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Below is the second part of my personal reflections from the Real Estate Deal Making And Syndication Symposium that we just held in Las Vegas. My comments are directed toward the other people who attended this live program, but I chose to share them on my blog for the benefit of all real estate professionals and experienced investors.
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Every now and then, what happens in Vegas gets talked about and shared with others. This is one of those times.
More on What Happened In Las Vegas At Our Real Estate Syndication Seminar (Part 1 of 3)
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