You have heard of the “Protestant work ethic”, I imagine. Or, “Diligence is the mother of good luck.” The Hard Rock Cafe’s motto is “Love Ever; Hurt Never”. “Early to bed, early to rise, makes a man healthy, wealthy, and wise” claimed Benjamin Franklin. The fable of “The Ant and the Grasshopper” by Aesop teaches the value of hard work and earnestness. I, too, have values I bring to my work as a real estate investor. Some I aspire to; some I adhere to better than others; some I actualize on a daily basis. Most would probably fit into the scheme I call “the values of the wise“: values that the quintessential wise person would probably tend to have. My area of professional focus has for a decade been real estate investing (REI). Brian Buffini believes that “Real estate is the purest form of entrepreneurship” so here are some thoughts on the values I bring to my work as an investor:Read More
July 18th, 2021
March 6th, 2021
Empathy is the degree to which a person can place oneself in another’s shoes. Anyone can feel pain when someone steps on their toe, but what if you see someone else wincing in pain, grasping their own toe? The question is related to what you experience when you determine, perceptually, that someone else is suffering in some way. Empathy is a key driver of moral goodness, I believe. Another way to describe this phenomenon is, acting right is about empathizing with the other. What follows is my rationale.Read More
December 22nd, 2020
Cultivating virtue helps us to live well, and within reason. But how are we to understand the kind of guardrails reason provides? Why suppose that reason can govern action and emotion in the way that modern Aristotelian theorists of virtue seem to suggest that it can? After all, there is an impressive body of empirical research suggesting that people frequently fail to live up to their own ideals. In this blog, Professor Candace Vogler writes about reason, virtue, and living wisely.Read More
July 24th, 2020
Sometimes two family members, or friends, or members of the same social group can kind of “steer clear” of each other’s hot spots. Maybe agreeing to disagree works, or simply avoiding the topics in question (Thanksgiving dinner comes to mind!). However, certain issues are just too ineluctable to make peace with. This is why it has been said that “one shouldn’t talk religion or politics in polite company.” In this blog, I reflect on a couple instances when this was the case for me. Morality is hard to compromise about, and when you have two diametrically-opposed opinions about fundamental moral issues, it can be too difficult to successfully square the circle, as it were.Read More
July 3rd, 2020
As I write, America is smack-dab in the middle of the coronavirus pandemic. Fifty states, for the first time ever, have declared emergencies. The economy has ground to a screeching halt. Social isolation, disease, and domestic violence are wracking our decaying country. These are hard times.
You know which groups of people are making it harder— and obviously endangering others’ lives, with their moral irresponsibility? Soulless politicians, stupid adolescents, ignorant worshippers, criminals, and misguided anti-science types. This utter lack of wisdom, principles, and insight speaks to the low level of moral and often psychological development on these individuals’ parts, and as I said, their choices can cost people’s lives. Since they are all essentially libertarians, the irony should be noted.
June 25th, 2020
Eleanor and Gilbert Kraus are very likely two of the greatest unsung heroes in American history – at least, in Jewish history. I watched a documentary about their courageous acts (in 1939), which amounted to nothing less than a full-throated display of magnanimity and altruism. Here is their story. I will also include a selection of quotations about magnanimity by noted Holocaust survivors, human rights activists, altruism researchers, and stalwart exemplars of virtue and honor such as Elie Wiesel, Nelson Mandela, Anne Frank, Martin Luther King, Jr., and Viktor Frankl.Read More
May 16th, 2020
Author Steve Almond writes: “Although born into affluence, Trump developed a worldview indifferent, or perhaps hostile, to noblesse oblige—the notion, exemplified by the Kennedys—that nobility extends beyond lineage and requires constant compassion for the less fortunate. From early on, Trump favored a social dominance orientation, which describes the sort of person hung up on creating a hierarchy so he can be at the top of it. ‘Narcissistic Darwinism’ might also apply.” Here are a few thoughts on this idea that one with plentiful material comforts is best when they concern themselves with and help the less fortunate:Read More
May 13th, 2020
“I don’t think President Trump reflects any of the values that I learned in the military. I don’t see integrity in him. I don’t see honor. I don’t see courage.”
So says United States Marine, Hunter Henderson. Considering how thin-skinned and vindictive Trump is, it was very courageous for Henderson to “come out of the closet” and speak truth to power.
There is no case that can be made that Donald Trump is honorable, courageous, principled, or good. His proponents might say, “Well, I don’t agree with some of what he says, but I agree with many of his positions.” In the field of ethics that is called the end justifying the means (when the means are dirty or wrong, and the end of those means is supposed to—predicted to—be positive and fruitful.
I like politics, as you probably know. But my business is real estate investing. Here is how character matters in this field:Read More
April 7th, 2020
I just watched the movie 300, based on the graphic novel by Frank Miller. If you haven’t seen it, you may want to go for it. It is bloody; savage even; but it tells a story of solidarity that is compelling in any time and place, but particularly so now that America is facing down a mortal enemy: the virus, COVID-19. This blog is a paean to first responders, doctors, and parents who have to now teach their kids; it is in praise of those who lost a job due to no fault of their own; it is a criticism of the federal government; it is a recounting of some of the tough spots Americans have been in since the tumultuous colonial era which led to war with England. Heroism and self-sacrifice are called for during these dark days.Read More
March 9th, 2020
David Leonhardt of the New York Times, says this about Joe Biden: “As happened with McCain in 2008, a large share of primary voters this year weren’t wowed by any of the candidates. They instead were waiting for one to emerge — especially one who seemed likely to beat President Trump. I don’t think it was inevitable that Biden would be that candidate, especially after his weak start. But after Sherrod Brown and Mitch Landrieu didn’t run, after Michael Bloomberg entered the race late, after Cory Booker and Kamala Harris dropped out and after every other candidate failed to appeal to black voters, Biden was the one left standing. Many voters have found their way back to him.” He might not have been the most able candidate from the beginning, but with Bernie failing to really catalyze a winning combination of huge voter turnout, minority support, and suburban appeal, Biden is the man African-American, older, and many Hispanic voters are choosing to accomplish the most important goal conceivable: send Donald Trump back to his gilded towers of dark magic and usher in an era that is both progressive and harkens back to the largely-successful Obama years. Biden’s coup on “Super Tuesday” was reminiscent of the mythical boxer and “comeback kid”, Rocky Balboa. Here is a brief synopsis of the virtue and character that many see in Biden’s glorious victory.Read More