SPACs are having (another) moment. SPAC stands for Special Purpose Acquisition Company. Often referred to as “blank-check” companies, a SPAC is initially just a management team. The team raises funds via IPO. Investors bet that the team will buy a private business and make it more valuable. Usually, the team…
Family
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How it Started – How it’s Going
Thank you for supporting our Northeast Ohio Walk for PKD! The picture accompanying this post shows William’s setup in the NICU shortly after he was born. On the right is today’s typical set up: bus stop, kid brother tagging along, and you can practically hear him sighing as Mom takes…
Family
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Walk for PKD
It’s Fall in Cleveland. By now we’ve usually got two sports teams to be disappointed in and we turn our eyes to college football. This year, however, the Browns are the bright spot while the Indians and Buckeyes are testing our patience. The other fixture for Clevelanders in fall is…
Investing
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Election Season
Election season can be difficult for investors of all political stripes. Uncertainty abounds. It’s easy to tie a piece of one’s identity to a candidate or party. If they win, we feel like winners. If they lose, we feel diminished. As far as investing goes, however, our candidates’ fates have…
Investing
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Where are the Bees?
“Where are the bees?” I saw this question asked on a local social media group recently. Several replies expressed the same sentiment. It seems like the neighborhood has a bee shortage, likely due to the overwhelming collapse of the world’s insect population. Surely the only insects left standing in a…
Fast Animals
My last post was on April 24th. It’s safe to say a lot has happened since then. I’ve been on radio silence here because: I was writing quite a bit for work and needed to rest my brain Writing updates as a market is recovering is met with a great…
Headlines, Mulch, and Evangelical Misery
Toilet paper aisles may be sparse, but one thing we’re not lacking is opinions on the pandemic. Everyone’s got their take and a pet conspiracy theory to go with it. Here’s mine: From a human standpoint, the United States has done a great job mobilizing (or immobilizing in this…
Family
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9 Ways to Wait Out the Remainder of the Quarantine
Depending on how prepared you were, the early days might have been manic, establishing supply lines and hoarding toilet paper. As churches and bars (trying to cover all bases here) stopped regular service it sank in that this was something that would last weeks, not days. Now you’ve reached the…
This is Who You Are
Regarding the stock market, “If you don’t know who you are, this is an expensive place to find out.” wrote Adam Smith. Everyone says they are investing for the long term. The joke is that “long-term” means only until the next bear market for a lot of people. Were you…