Santa Claus

Here’s a photo of Bernie – Bernie Madoff, that is. He looks in good spirits, though they say that at the time the picture was taken, he already knew he was in deep trouble. Looks can be deceiving, no? He could almost pass for a guy I met at the Detroit Yacht Club many years ago, when it still existed. Pretensions are among the most useless things around, except to a con artist. They say he used to be fastidious and obsessive – nothing but the best for him. I wonder if his family knew he was just a fraud – as fake as Santa Claus. Judging from this photo, he would probably have made a good Santa Claus. I don’t really know.

Ken Fisher

Ken Fisher has written a book - it's titled The Ten Roads to Riches. Here they are:

1. Start a successful business—the richest road! 2. Become the CEO of an existing firm and juice it—a very mechanical function. 3. Hitch to a successful visionary’s wagon and ride along—it’s high value-added. 4. Turn celebrity into wealth—or wealth into celebrity and then more wealth! 5. Marry well—really, really well. 6. Steal it, legally—no guns necessary! 7. Capitalize on other people’s money (OPM)—where most of the mega-rich are. 8. Invent an endless future revenue stream—even if you’re not an inventor! 9. Trump the land barons by monetizing unrealized real estate wealth! 10. Go down the Road More Travelled—save hard, invest well—forever!

Good luck.