Is Chaos Brewing?

Absolutely.

First of all, I have no idea what I am really doing and I live on Coronado, the greatest place in America, maybe the world. I am surrounded by war ships and Navy seals.

Second, the biggest building on my island is a Bank Of America $BAC. The only part of the building they need…The ATM (it’s outside you idiots).

The second biggest building is a Petsmart. It’s been closed for two years and my dog Bagel just pees on it.

Third and maybe most important, Biz Stone from Twitter $TWIT is pitching Vodka and If I don’t pay the Wall Street Journal I can’t read the whole article.

Insanity.

Right now, if I asked the loan holder on my home in Phoenix ( thank god it’s $BAC ) to prove they have the title and paper, they would pee in their pants. I pay because I don’t want to perpetuate chaos. I pay because I have an agreement and I guess because I can.

Right now, a 26 year old Goldman Banker in Thailand, is just making up company names and doing IPO’s. I think their markets were up 9 percent LAST WEEK.

Enjoy the upside.

The door can shut as fast as it opened.

If you have a bad business or just an idea, you better raise money right now. It does not get much better. It is hard to believe I am writing this just two years after the biggest panic since 1929.

If you have a good or great business, you raise money now too whether you need it or not, because the door could shut any time. Don’t let all the shitty businesses take you down with them.

The insanity to the upside could continue for a while, but you should never forget to protect the ball.

29 comments

  1. Jamesjkerns says:

    Howard,
    To read the WSJ online without a subscription, copy and paste the headline into google search. Then,
    click on the article. Best, JK

  2. Jamesjkerns says:

    Howard,
    To read the WSJ online without a subscription, copy and paste the headline into google search. Then,
    click on the article. Best, JK

  3. Don’t forget the USMC Recruit Depot across the water… on the other side of the airport. My home for 90+ days. You can call me Hollywood!

    >> If you have a good or great business, you raise money now too whether you need it or not… <<

    Thanks for the insider trading tip. {grin}

  4. Mark Essel says:

    I hate the idea of pitching a business without a proven prototype or at least some signed up customers. But your tales of chaos speak volumes about the wisdom of raising funds now. You’ve got some pretty good instincts for a guy that lives on Coronado and bought a home in Phoenix (too damn hot).

    • Peter Beddows says:

      Mark: I’m sure that Howard bought the house in Phoenix as a hedge against the peninsula that Coronado sits upon disappearing in an earthquake! lol

        • Peter Beddows says:

          Of course, since we are in Encinitas CA – only a short distance up the coast from Coronado – we very much hope this will never happen but we do have a friend in Phoenix. Phew!All joking aside however, I was drawn to this message and struck, not only by this blog title but also by the content which certainly supports the title, and – as the pols are currently saying in support of their abundant TV ads – I have approved (Liked) Howard’s message: Chaos truly is brewing and, for the most part, we are like lambs being led to the slaughter oblivious of impending doom … not to put too fine a point on it. There is plenty of evidence all around and in plain sight to support this notion.As an example of what can happen, because this is what has already happened once before, my wife/biz partner was in Rhode Island when the State Governor shut down the whole Rhode Island banking system http://ht.ly/2WbPW. There was very little national publicity about this event. Old man Bush visited and complained that the residents were “worse than the kurds”. There was extreme distress and many people lost a great deal of money – including all savings – most of which has never been recovered by many people because there was no FDIC coverage amongst other issues.So we welcome hearing from someone like you Howard who is in a better position than most of us to hear what may be coming down the pike before the rest of us do. We are very concerned about the current state of affairs in our country and completely dismayed by the shenanigans that now passes for a democratic process both nationally and locally and have no confidence left in any candidate actually accomplishing any constructive change that would be favorable to us the people as distinct from favorable to the pols.

  5. Jeff 'SKI' Kinsey says:

    Don't forget the USMC Recruit Depot across the water… on the other side of the airport. My home for 90+ days. You can call me Hollywood!

    >> If you have a good or great business, you raise money now too whether you need it or not… <<

    Thanks for the insider trading tip. {grin}

  6. Jeff 'SKI' Kinsey says:

    Don't forget the USMC Recruit Depot across the water… on the other side of the airport. My home for 90+ days. You can call me Hollywood!

    >> If you have a good or great business, you raise money now too whether you need it or not… <<

    Thanks for the insider trading tip. {grin}

  7. Jeff 'SKI' Kinsey says:

    Don't forget the USMC Recruit Depot across the water… on the other side of the airport. My home for 90+ days. You can call me Hollywood!

    >> If you have a good or great business, you raise money now too whether you need it or not… <<

    Thanks for the insider trading tip. {grin}

  8. Jeff 'SKI' Kinsey says:

    Don't forget the USMC Recruit Depot across the water… on the other side of the airport. My home for 90+ days. You can call me Hollywood!

    >> If you have a good or great business, you raise money now too whether you need it or not… <<

    Thanks for the insider trading tip. {grin}

  9. Mark Essel says:

    I hate the idea of pitching a business without a proven prototype or at least some signed up customers. But your tales of chaos speak volumes about the wisdom of raising funds now. You've got some pretty good instincts for a guy that lives on Coronado and bought a home in Phoenix (too damn hot).

  10. Peter Beddows says:

    Mark: I'm sure that Howard bought the house in Phoenix as a hedge against the peninsula that Coronado sits upon disappearing in an earthquake! lol

  11. Peter Beddows says:

    Of course, since we are in Encinitas CA – only a short distance up the coast from Coronado – we very much hope this will never happen but we do have a friend in Phoenix. Phew!

    All joking aside however, I was drawn to this message and struck, not only by this blog title but also by the content which certainly supports the title, and – as the pols are currently saying in support of their abundant TV ads – I have approved (Liked) Howard's message: Chaos truly is brewing and, for the most part, we are like lambs being led to the slaughter oblivious of impending doom … not to put too fine a point on it. There is plenty of evidence all around and in plain sight to support this notion.

    As an example of what can happen, because this is what has already happened once before, my wife/biz partner was in Rhode Island when the State Governor shut down the whole Rhode Island banking system http://ht.ly/2WbPW. There was very little national publicity about this event. Old man Bush visited and complained that the residents were “worse than the kurds”. was extreme distress and many people lost a great deal of money – including savings – most of which has never been recovered by many people because there was no FDIC coverage amongst other issues.

    So we welcome hearing from someone like you Howard who is in a better position than most of us to hear what may be coming down the pike before the rest of us do. We are very concerned about the current state of affairs in our country and completely dismayed by the shenanigans that now passes for a democratic process both nationally and locally and have no confidence left in any candidate actually accomplishing any constructive change that would be favorable to us the people as distinct from favorable to the pols.

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