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TRUMPED

donald-trump-tby John Jonelis

Political outsider elected president! Nationwide shock! Emotions run wild! Markets in turmoil! Worst riots since Orson Wells’ WAR OF THE WORLDS broadcast!

Loop Lonagan watches the mayhem on television. People on the streets shout lewd obscenities—carry hate signs—crawl over cars—destroy businesses—throw bricks at police. “Da theater o’ dee absurd,” Lonagan mutters, “Did deeze folks even vote?”

He continues his impromptu soliloquy. “Why don’t deeze malcontents all move t’ Greece?” Ah, Greece—where socialism is in full bloom and the weather is gorgeous. “Maybe President Elect Trump will offer free one-way luxury cruises to da Mediterranean and make da Greeks pay for it.” Lonagan figures that will make everybody happy.  But then he reflects that Greece is bankrupt. Socialism didn’t work there.

riots-washington-times

European-style Riots in Chicago – [The Washington Times]

The riots disturb Lonagan because he now sees a political party that generates looters. His own! “Hmmf!”  It shames him. He’s embarrassed for the European decadence of his people. This is not our way. Americans don’t throw temper tantrums after elections. We vote. We accept what happens. We come together. These are principles Lonagan grew up believing.

He pats his bull terrier, Clamps. The dog lets out a long satisfied sigh while Lonagan takes a stiff slug of scotch. “You never worry ‘bout dis kinda stuff, do you Clamps old buddy?” In this election, with a choice between the crass and the criminal, Lonagan never expected a good outcome. In his view, which he loudly stated to everyone that would listen, “Anybody with half a brain knows we’s gonna get one o’ two things—Cleopatra II or Nebuchadnezzar III. I dunno which is worse. So why all da fuss?”

trump-obama

Improbable White House Briefing – [Associated Press]

As a practical man, Lonagan figures the real game is to do well no matter who is in office. On the night of the election—during all the hyper uncertainty—when index futures were tanking big time—Lonagan capitalized on the unexpected.  He went Long all he could during the after-hours session on slim capital and crazy margin, using all the leverage he could muster. Now, during the riots, he’s cashing out of those positions to the tune of millions. But what if—

A small tug at his sleeve and he suddenly remembers his duties as a babysitter. He shuts off the TV and takes Jim Kren’s little girl into his arms.

“G’night Uncle Loop”, she says, wrapping her arms around his neck, “I love you,”

“I—uh,” he squeezes out the difficult words, “I love you too, Angelica.  Lemme tuck you in.”

And when he sets her on her feet, she bursts out, “And tell me a bedtime story!”

“I dunno, Princess. Last time yer papa grilled me fer an hour—”

“But I want to hear what happens to the Dragon Lady and the Big Bad Duck.”

He stares at her good and hard. Precocious little tike. “No, babe, it don’t seem right to—”

“Please, Uncle Loop. PLEEEEEZE!”

Lonagan wipes a hand across his jaw. It’s nine o’clock. Mama and papa are out. He’s supposed to use his judgement in emergencies like this. “Okay, Princess.” He can hardly believe what he hears himself saying. “We’ll do anudder chapter o’ da Dragon Lady ‘n’ da Big Bad Duck.”

Angelica claps her hands and jumps in place, her long curls bouncing on her shoulders. “Thank you, Uncle Loop!”

“Go brush yer teeth er somethin.’ I’ll be right up.”

She calls out, “Clamps!” The enormous bull terrier bounds up the stairs after her.

57661370ca0ff_image

Crazy Political Campaign – [Associated Press]

Lonagan goes over the images of this absurd campaign and pours himself three more fat fingers of scotch. He’s playing with dynamite and curses his lousy imagination—using hardcore news to create a bedtime story—stupid, just stupid. Chicago-style political intrigue on the national stage is a tough lesson for anybody. It’s the wrong material for a youngster. Maybe it’s child abuse. He wishes he never told her that story, but he did and now she wants the rest of it.

He pours more scotch. Maybe, just possibly—if he sticks to the script and keeps the whole thing in a child’s world—it might all turn out fine. All the Lonagans love happy endings. Plunking down his empty whiskey glass, he checks his watch. Five minutes. Showtime. And keep it clean!

Upstairs, Angelica is curled up with Clamps, rubbing the dog’s ears. The animal squeezes its eyes closed in ecstasy and rumbles a soft, deep rhythmic growl. He’s the only dog Lonagan knows that can purr.

clamps

Clamps is at Peace – [John Jonelis]

After pulling the covers over those two, he settles his rump on the foot of the bed. “Okay Princess, lemme catch up on da story. Best I can remember, yer at school, it’s recess, ‘n’ yer gonna play soccer. It’s da Jackasses—I mean da Donkeys vs. da Elephants. You’se is picked fer da Elephant team, right?”

She nods.

“Da best player is da Dragon Lady ‘n’ da whole Donkey team treats her like some kinda queen. I mean she’s got skill. She’s got clout. She’s got her team all hand-picked and organized. She’s got—whadayacallit—a ground game. And she cheats—oh yeah, she cheats—big time. That’s called politics. That’s Civics lesson 101. Am I givin’ ya da straight goods?”

“Yes, Uncle Loop.”

“Okay then. So we already know her plan with da Duck.  He’s s’posed t’ start a big fight. Then he’s s’posed t’ take his regulation soccer ball ‘n’ summa da best players on yer team with ‘im. Then they’s s’posed t’ go off t’ play with some udder kids. So yer team loses.  That’s called splittin’ da ticket. That’s Civics 201. I think dat’s da way I told it last time.”

Angelica blurts, “I know, I know! That Dragon and Duck! They planned this whole mess together! And now my team doesn’t stand a chance!”

Lonagan grins. “Okay, so ya got basic conspiracy theory all figured out now. Yer learnin’ fast. That’s Civics 301. But da Dragon’s smart and mean, see? Maybe cunning’s a better word. There’s deeper waters goin’ on here. Way deeper. Now she rolls out her REAL plan.”

The girl knits her brows while scratching the thick short fur on Clamp’s neck. “I don’t understand.”

“Sure ya do, kid. Da Duck’s a big bully and he’s got dis huge ego, see? C’mon, you know that. Ever’body knows that. So, da Dragon taunts ‘im. Mocks yer team. Calls you a buncha morons. Says she can cheat all she wants. Who’s gonna find out? Yer all trash—nobody’s gonna believe ya. How d’ya feel about that, Princess?”

“I’m just so mad!”

“Okay, so after all da yellin’ ‘n’ pushin’ around, da Duck gets mad too. Now he turns against da Dragon. He’s gonna fight her now, insteada doin what they cooked up beforehand. He’s too proud t’ quit da team after all da abuse she spits out, so bein’ da biggest, he takes over. And da Dragon Lady is smilin’ da whole time. Ever see dat smile? It’s enough t’ zap yer spine outa joint.”

new-normal

Clinton’s prepares to smile – [The New York Times]

Angelica sits straight in bed. “But Uncle Loop, that means the Dragon has to play against the Duck. That doesn’t make sense. She would never plan it that way.”

“Ah, Princess, lay back ‘n’ relax.” He tucks the covers under her chin. “Doncha see? She WANTS t’ play against da Duck. She figures he’s her easiest opponent ’cause allota his team won’t play so hard for ‘im.  I mean, plenty o’ kids don’t like dis guy so much.  He’s her handpicked patsy. Has been since day one. She’s so sure she can beat ‘im, it tastes like candy. Ever’body says she can’t lose. She already watched him bust up da udder team ‘n’ now she’s ready fer da killshot. Pick yer opponent.  That’s Civics 401.”

Angelica squeezes out a tear. “So my team loses anyway? This is an awful bedtime story!” 

“Don’t cry, Princess.  Stop ‘n’ think! da Dragon’s got a buncha great big weaknesses. Mosta da kids don’t like her so much neither.  And she don’t see what’s about t’ happen ’cause she’s—whadayacallit—a nar-sisist-sisist-sisit.”

“A narcissist?”

Cute kid. “Yeah, what you said there. She’s selfish ‘n’ she’s ruthless.  She ain’t got no idea how udder people feel. She don’t like ’em.  She don’t understand ‘em. She don’t care about ‘em. All she cares about is herself.  It’s gonna bite ‘er big time. She’s got dis big master plan, but da more complex da plan, da more chances fer a mistake.  Somethin’ unexpected always happens.  Da Dragon’s set herself up fer a big fall.”

The girl just stares at him

“Doncha get it?  Same kinda thing happens in all competitions.  Like when ya play pinochle with yer folks.” 

“What’s that, Uncle Loop?”

Lonagan shakes his head.  Kren always boasted about the way his little girl played.  “Just a card game, kid.  Allota times da udder side thinks dey hold all da cards.  Then comes da big shock.”

“I don’t understand.”

 “Look Angel, every hand o’ pinochle’s got a different set o’ special cards, see?  They’s da most powerful ones ‘n’ ever’body’s gotta keep track o’ dem real careful-like.  Sometimes, da udder players don’t do that so good ‘n’ you snap down one o’ deeze big fat cards.  You just trumped da udder side!  Let’s get back to soccer.”

“What trump card does my team have, Uncle Loop?”

“Ah, you figured it out!  You got outrage, anger, drive, determination–stuff like dat!” He throws his arms out in a broad gesture.

Clamps lets out a powerful bark and Angelica strokes the animal’s massive head.  “Everybody is so angry.”

“No, take a look over there, sweetheart. Her team’s all smiles.  They’s so sure.  They just know they’s gonna win.  They’s—whadayacall—overconfident.  It’s da players on yer team is steamin’ mad.  They’s breathin’ smoke.  So what happens when people get all pumped up like that?”

She sniffs. “They fight?”

“Bingo! I seen it happen again and again in sport after sport.  They fight like wildfire!  Ever’body gives a hunert ‘n’ twenty percent.  They win da game!  A surprise victory!  A major turnover!  Somethin’ nobody expects!”

“So you mean that my team wins?”

“Yeah, Princess, you win!  Den da recess bell rings ‘n’ it’s back t’ class.   Look, ya gotta get some sleep, so listen up—lemme give ya da moral o’ da story. Sh— I mean stuff happens. Stuff nobody expects. So’s when you’se is growin’ up, learn t’ expect what nobody expects. Dat’s where ya find success.  Ya get it?”

She nods silently.

“Ya don’t look sleepy yet. Anudder story, maybe?”

She shakes her head no, and hugs Clamps tighter.

trump-in-whitehouse-ap

Dazed Trump tours the White House after Briefing – [Associated Press]

 

Lonagan closes Angelica’s door and sits on the stairs. For months he’s heard stupid quote after stupid quote from The Donald. Now the guy’s president elect. So he searches his phone for some quotes from Hillary and comes across a nasty collection that shocks him.

  • Clinton on voters: “Look, the average Democrat voter is just plain stupid. They’re easy to manipulate. That’s the easy part.” [Read it on Tumbler]
  • Clinton on voters: “… you could put half of Trump’s supporters into what I call the basket of deplorables. Right? They’re racist, sexist, homophobic, xenophobic, Islamaphobic—you name it.” [Read it in the New York Times]
  • Clinton on Benghazi: “What difference at this point does it make?” [You saw it on television]

As Lonagan reads more of her words, the invective gets strikingly shrill and profane. Finally he pockets his phone. He refuses to think any more about the foul stench pouring out of Cleopatra’s mouth.

hil-face-1024x682

Clinton cursing – [Tumbler]

Maybe the country got lucky, maybe not. Lonagan doesn’t know such things.  He believes that every politician, without exception, is a self-serving bastard.  Maybe that’s all we can expect, but at this point, he wishes with all his heart that President Elect Nebuchadnezzar eats his bitter greens and becomes the leader this country needs so badly.

The opinions of Mr. Lonagan and his wild conspiracy theory are not endorsed by the management.  Mr. Kren has been made aware of possible turmoil planted in the mind of his young child.

Read Part 1:

“THE DRAGON LADY AND THE BIG BAD DUCK”

 

Photo credits: Associated Press, New York Times, Washington Times, Tumbler, John Jonelis

Chicago Venture Magazine is a publication of Nathaniel Press www.ChicagoVentureMagazine.com Comments and re-posts in full or in part are welcomed and encouraged if accompanied by attribution and a web link. This is not investment advice. We do not guarantee accuracy. It’s not our fault if you lose money.

.Copyright © 2016 John Jonelis – All Rights Reserved

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THE DRAGON LADY AND THE BIG BAD DUCK

The Donald T

By John Jonelis

               ■ 

“Tell me a story, Uncle Loop.”

“Okay Princess, that’s what I’m here for. First let’s get you all tucked in and ready fer bed.” Loop Lonagan sits back in the chair and opens the news app on his phone. “Let’s see what we got here.” He runs down the headlines.

  • “GANG SHOOTING ON HALSTED—No that’ll just get ya all riled up.”
  • “TERRORISTS ABDUCT CHILDREN—Nope. Too scary.”
  • “LOCAL REP ACCUSED OF EMBEZZLEMENT—”

“What’s ‘bezelment, Uncle Loop?”

“Ferget it kid. Way too boring . Here’s another one.”

  • “TRUMP IN BED WITH CLINTON—”

The small voice turns suddenly shrill. “That one! Read me that one, Uncle Loop. It’s a bedtime story.”

“I dunno, kid. It’s politics. Yer daddy and mommy’ll kill me.”

“Please, Uncle Loop. PLEEEEEEZE!”

Gimme a minute t’ think.” Lonagan goes silent and scans the article.

  • Trump runs a false flag campaign...
  • Third party run expected…
  • Speculation of collusion with Clinton…

Sheesh—Kren might have him up on charges for corrupting his sweet little girl with stuff like that.  Jonelis could sic the Business Plan Police on him and he’d never see the light of day again.  Isn’t this Trump bozo some kind of family—even if John can’t stand the guy and they never talked to each other?

Business Plan Police

At this point Loop’s 85 pound bull terrier, Clamps, saunters in and jumps on the bed. Princess hugs him tight.

“C’mon, Uncle Loop!”

“Yeah, yeah, pipe down, I’m still thinkin’”  So what’s he supposed to do?   Disappoint a kid?

20150825-The Donald - BusinessInsider

After all—are these two goons really the best we can find to run for President of the United States? Maybe beauty’s in the eye of the beholder but the thought gives him a headache.

20150825-The Hillary - The Marker Cafe

“Hurry up, Uncle Loop!”

“Yeah kid.” He licks his dry lips, then takes a tug of Scotch for inspiration. What grade are ya in at school this year?”

“Third!”

“Growin’ up so fast! Old enough to read this stuff all by yerself, arn’tcha? Okay, you close yer sweet little eyes and Uncle Loop is gonna tell ya da whole rotten mess.

A Loop Lonagan Bedtime Story

“Let’s say yer on da playground fer a free-fer-all soccer game. EVER’BODY plays! One team’s called da Jackasses—I mean the Donkeys. Other team is da Elephants. Okay?”

“Okay Uncle Loop!”

“Captain o’ the Donkeys is an older 5th grade girl. Kids call her da Dragon Lady. Captain o’ da Elephants is another 5th grader dey call Boring B. Bland—B3 fer short. Deeze is da biggest kids AND da best soccer players.

“Dey pick players one atta time from da heap, so’s both sides is even. Youse is hopin’ you don’t get picked last, cause dat’s a real disgrace. I seen it where some poor schmuck don’t get picked at all! But B3 calls yer name and ya feel real good. Ya trackin’ with me?”

“Um hmmm.”

Soccer Ball

“Okay, then dis big bully shows up. All da little kid’s call ‘im da Big Bad Duck ‘cause he wears a funny thing on his head, sticks out like a beak. He never played with da little kids before but now he wants t’ be an Elephant. Pretty soon, he starts throwin’ his weight around, sayin’ he oughta be captain. Claims he’s a better player den B3. He’s got a real regulation soccer ball instead o’ that cheap kickball they been usin’. A couple o’ da kids wanna go with him.  Ever see it work dat way, Princess?”

She smiles and nods.

“Okay, ever’body at school already knows da Dragon Lady ‘n’ da Big Bad Duck is pretty good friends with each other. What nobody understands is this: Before recess, da Dragon talked da Duck into playing fer da Elephants. It’s a special secret deal between dem two.”

“But that’s not her team! If he’s the best player, why does she want him on the Elepants?”

“Ah, yer a smart little one! Just wait ‘n’ see! Da game gets started.  After a while, an argument breaks out. Turns out mosta da team don’t want da Duck t’ be captain.  So he says he’s gonna take his ball ‘n’ go play his own game. Sound familiar?”

She nods again.

“And he takes a few o’ da kids from da Elephants with ‘im—summa da best players, too. So whaddaya think ever’body else does? Do they pick new teams?”

“No, Uncle Loop. They keep playing because the bell is going to ring and recess will be over.”

“Right, and who wins the game?”

She chews a finger. “I suppose the Donkeys, because they have more players.”

“Right again. Da Dragon Lady got da Big Bad Duck to split da team. He ran a false flag, like it says here in dis article. Dat’s yer lesson in Chicago-style politics on da national stage—at least fer tonight. Hey, you don’t look sleepy yet.”

Clamps & Bone

Princess squeezes Clamps tight, like a big stuffed bear.  “Tell me another story!”

“Hmm.” Loop pulls out his phone and runs down the headlines. “Lemme see what else we got here…”

Read the rest of the story:

TRUMPED

 

Sources: Time Magazine and Black Bag

Image of The Donald courtesy Business Insider

Image of The Hillary courtesy The Marker Cafe

Chicago Venture Magazine is a publication of Nathaniel Press www.ChicagoVentureMagazine.com Comments and re-posts in full or in part are welcomed and encouraged if accompanied by attribution and a web link. This is not investment advice. We do not guarantee accuracy. It’s not our fault if you lose money.

.Copyright © 2015 John Jonelis – All Rights Reserved

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YOUR BUSINESS AND YOUR CHILDREN

Child Executive0001 TBy Nick Arvis

“Why am I doing this?”   That’s the question dominating a President’s Advisory Committee board meeting (PAC).  None of the members—all business owners—intend to give or sell their business to their children.  Instead, in a reversal of traditional social norms, all of them plan to use their wealth to empower their children on whatever paths the kids happen to choose.

The members range in age from early forties to mid-fifties. Each of them has done very well. Their children range in age from the early grades to out-of-the-nest adults.

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Not Surprising

These business owners think about their children—and their future—a lot. They have two overriding concerns:

  • Finding the time to spend with their kids while they’re growing, despite the demands of their business
  • Keeping their children grounded while living in a household that enjoys unusual income and wealth.

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If you’re a business owner and a parent, this probably resonates with you, and you likely fall into one of three distinctly different categories:

  • You share the view of this PAC Board and want to support your children’s dreams no matter where it leads them.
  • You quietly hope that at least one of your children takes an interest in your business and emerges as your successor.
  • You proactively expose your business to your children to your business from an early age in the context of  “One day, this will all be yours.”

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Child Executive0001

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Experts Agree

Regardless of your outlook, experts agree that young adults should begin their careers outside the family business. An Inc. Magazine article quotes family business consultant Mark Green, Ph.D.  “After they’re done with their college degrees, they should go work somewhere else at least a year or two. Three, five, seven years is even better. That really adds credibility if they do come back.”

If you’re determined to transfer your business to your children, a New York Times article offers this important advice:

  • Make sure the business and industry are viable
  • Have your children work outside the business
  • Make sure your children don’t start at a higher level inside the company than they had outside.
  • Make sure you have something to go to when it’s time to move on.
  • Once you’ve transferred control, stay out of the way

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This article is adapted from NEWS FROM HEARTLAND – The Journal of the Heartland Angels.

You can follow Nick on TwitterFacebook, or LinkedIn, and visit the PAC website. You can also read Nick’s book ExpressWay to GrowthTMavailable on Amazon

He can be reached at   NickA@PresidentsAdvisoryCommittee.com

 

Chicago Venture Magazine is a publication of Nathaniel Press www.ChicagoVentureMagazine.com Comments and re-posts in full or in part are welcomed and encouraged if accompanied by attribution and a web link. This is not investment advice. We do not guarantee accuracy. It’s not our fault if you lose money.

.Copyright © 2014, 2015 John Jonelis – All Rights Reserved

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THE PIVOT

The Story of Ray Markman-Part 12

Friday, 4:40 pm

Ray MarkmanI’m winding up my own conclusions about Ray Markman’s bold assertion that he never worked a day in his life. At the same time, Loop Lonagan’s big boxing match with Alexander Harbinger is getting close. I don’t know how you feel, personally about the sad spectacle of a friend beating up on another friend—in cold blood in a rule-based arena—but I plan to be there to enjoy every second of it.

Lonagan’s feet rest on my desk. The guy seems entirely oblivious to the impending match.

“Okay,” I say, “I’ve got some stuff that needs saying. At this point, Ray’s outa the video business, on the loose, trying to decide what he wants to do and he tries a bunch of things: He teaches marketing at Northwestern and NYU. helps edit the classic book, DIRECT MARKETING by Edward L. Nash and writes the chapter on broadcast advertising.

“He gives a series of speeches to the Direct Marketing Association.  Then he gets a call from the US Secretary of Commerce. ‘Will you give that speech around the country? We’ll program it, pay your fare, provide a publicist for you at all times and we’ll pick the venues.’ He does that for two years and winds up with a personal commendation from the president.”

Lonagan looks at me slantwise. “So he’s right back on duh road? You gotta be puttin’ that outa sequence.”

“Maybe—but it happened and there’s more to it.

“Ray and his partner start doing town hall meetings to make people aware of economic issues. They start a company called FACT with 15 congressmen and senators—luminaries at the time. They support him and lend their names to it. When he begins his fundraising, a $500K donor asks him to come to New York first. ‘I’ll introduce you to some folks,’ he says.

Ronald Reagan

Ronald Reagan – Reagan Library

“Ray gets to New York and guess what.  This guy’s got a duplex overlooking the UN building. He walks Ray across the street and introduces him to the NFIB, the National Federation of Independent Businessmsn, an organization of a million conservative thinkers and businessmen. Then all of a sudden it’s, ‘Ronny, I want to introduce Ray Markman.’ And it’s Ronald Reagan. This is before he’s president. And Reagan gives a speech. He says everything Ray wants to say and more and Ray’s thinking, ‘They don’t need us. If he gets elected, he’ll have millions of dollars of public money and we have to raise ours privately. He’s gonna do it from the stump.’

The Meryll Lynch Bull

Meryll Lynch Bull

“So Ray gets out of public life because Reagan is doing the job for him. And Ray appreciates it, too.” I read the quote out loud: ‘He was terrific. The country was in a depression and he got us out of it. That’s when Meryll Lynch started running the ad: We’re Bullish on America. It was because of Reagan.’

Lonagan takes his feet off my desk and looks at me hard. “We done with all the do-good stuff? Good. Soes a friend—one of them five guys worked with him on his first companies—this guy’s a general agent in the insurance business—real successful. He says to Ray, ‘Why don’t we start a wealth management company?’ He’ll do the insurance and Ray’ll do the investing.

“So Ray takes his Series 7. He says, ‘Toughest test I ever took in my life. Six hours. A lotta work. But I passed the first time luckily somehow.’  Hell, I took my Series 7 and I’m here to tell yuh it’s tough.  Ray’s just bein’ modest when he says he got lucky passing it duh first time.”

Lonagan leans back in his chair. “So they hang out their shingle and start what he calls the Financial Life Planning Company.

“Of course, he’s lookin’ for investors to get started. And he starts with friends like everybody does. They’d say stuff like, ‘We got Meryll Lynch. But you’re a good friend. Howsabout $25,000?’” (I love the whiny voice Loop uses in his parody of a reluctant client.)  “Hey–truth is, Ray’ll take 25 cents! He ain’t got no business yet.”

Lonagan grins. “So he takes this course at duh University of Chicago in modern portfolio theory. He learns duh same stuff we all learn in that line o’ work—stuff outsiders don’t know about. Basically, it’s as simple as this: If you add a few non-correlated assets like real estate or commodities to a portfolio o’ stocks ‘n’ bonds, you make out real good. You increase return ‘n’ lower duh risk! That is, if you do it right. They plot it on a fancy curve called the ‘Efficient Frontier.’ But Ray goes at it a different way. Uses modern portfolio theory by investing in startups. And he builds a substantial business that way.

The Efficient Frontier

— The Efficient Frontier — (source unknown)

“But after a while, regulations change and broker dealers get even greedier. They want him to sell their own stuff exclusive. REITS, limited partnerships—boring kinda stuff—not the big returns he gets on startup companies.”

He pours more scotch. “So about that time, Ray and Len Bland start showcasing and funding startup companies. After some time, they build what I call a storefront. Startups come to them. They got a regular vetting process in place. They can pick the best companies outa the bunch. Meanwhile, they’re all comfy in their air-conditioned store, looking out their storefront window at all duh other consultants sweatin’ at duh curb, holdin’ out their tin cups fer work. And if it’s cold, Ray just turns up the thermostat.”

Renaissance Fund

Midwest Renaissance Fund

“So why shouldn’t they start a venture capital fund and pick the best companies they know? Just stands to reason. Ray comes up with the name ‘Renaissance.’”

“Here’s what Ray says.”  Loop reads from his notepad out loud: “’I had a partner helping me raise money. A terrific young guy—and he was a serial entrepreneur himself. He and I were working on projects. He was in Indianapolis. I said, ‘I’d love for you to join us.’ So he comes to Chicago and I introduce him to Len. Everybody likes everybody else. He has a lot of contacts and begins bringing people in. Pretty soon we’ve got a guy in Columbus Ohio, in Cleveland, three guys in Indianapolis which by the way is a real hotbed. Now we’re in eight states. And that’s the way this will happen.’”

“Hey Loop, look at the time. Better get your sorry ass over to the club or you’ll lose that boxing match by default.”

He glances at his smartphone and leaps to his feet. “I’ll get a cab. Split da fare with yuh.”

I nod in the affirmative. But how can a guy with that much money be so cheap?

And on the ride over, I make up my mind. After all the research and all the arguments back and forth, I believe what Ray said. I believe it when he claims he never worked a day in his life. And I like the way he put it: ‘I loved what I did. To me working was the greatest things in the world. I still average twelve hours a day. I never felt I worked a day in my life.’

My cell phone rings. It’s Bill Blaire placing a bet on Harbinger. $10K. He must be crazy. No way Harbinger wins this fight.  I take the bet.

Go to Part 13 – The Big Match

Go back to Part 1

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Find Chicago Venture Magazine at www.ChicagoVentureMagazine.com Comments and re-posts are welcomed and encouraged. This is not investment advice – do your own due diligence. I cannot guarantee accuracy but I give you my best.

Copyright © 2012 John Jonelis – All Rights Reserved

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