Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Friday, August 03, 2018

TANSTAAFL

Let's take a deep breath. Slow down. Look around. Now, look back.


Who is the culprit here? Who is to wear the crown of blame for our financial mess?


Ready?


He may be around the corner from your home. She may be on the PTA. They may sit next to you in church. You saw them at your kids soccer party.


That's who they are.


The 2008 crisis originated in the greed and failure to save by homeowners, their use of real estate borrowing for consumptive lifestyles. Their failure to save, their spendthrift ways.

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