"The most valuable truths are the ones most people don't believe. They're like undervalued stocks. If you start with them, you'll have the whole field to yourself. So when you find an idea you know is good but most people disagree with, you should not merely ignore their objections, but push aggressively in that direction." Paul Graham
“Opportunity cost is the cost incurred (sacrifice) by choosing one option over the next best alternative (which may be equally desired). Thus, opportunity cost is the cost of pursuing one choice instead of another. Every action has an opportunity cost. For example, someone who invests $10,000 in a stock denies oneself the interest that one can easily earn by leaving the $10,000 dollars in a bank account instead. Opportunity cost is not restricted to monetary or financial costs: lost time, pleasure or any other benefit that provides utility should also be considered.”
Solar-electric energy will always require very large land or roof surface areas in order to produce significant amounts of electricity because solar energy is distributed on the Earth with low intensity per unit area. … http://www.garynorth.com/public/3237.cfm
Here, Arthur Robinson lays out a possible scenario that could play out if business in the United States do not develop the technology to generate energy that other countries are working on.
This scenario would be great for people who live in Oklahoma and Texas. These states are into commodity production, including energy production. It would create a hard life for others.
20-30% of the homes in the San Francisco/East Bay area have negative equity, meaning that homeowners owe more on their houses than the houses are worth.
Click below to see a full-size version of the map:
There’s a method of selling a house that helps the homeowner get out of a situation. It’s called a short sale and involves negotiating with the bank to sell the house for less than the loan balance.
According to this friendly map, there are lots opportunities for short sales in most parts of the country. We’re currently doing this in the San Fracisco Bay Area as well as Oklahoma City.
Bring me a lead and I’ll pay you $600 if we buy the house.
The economy in Oklahoma City is outpacing the national level and that means good news for income and real estate growth in the area that boasts a population of just over a half million.
