Month: September 2013

HOUSE OF THE DAY: Kid Rock’s California ‘Balinese Oasis’ @ $13.5 Million

Kid Rock is selling his Malibu, Calif. compound for $13.45  million, . Rock (née Robert James Ritchie) bought the Point Dume property — which is  described as a “Balinese oasis” — in October 2006 for $11.6  million. The home has just over 8,000 square feet…

Economist Wins Genius Grant For Proving That Most Traders Are Idiots

The MacArthur Foundation gave out its latest batch of “genius grants”  yesterday, recognizing  “exceptional  creativity in their work and the prospect for still more in the  future.” One of the winners is a CalTech economist  most famous for calling traders idiots. In 2010, Dr. Colin Camerer co-authored, “Using …

Location Is As Important In Tax Management As It Is In Real Estate

  Solar powered houses are pictured in Ota, 80km northwest of  Tokyo, Location Isn’t Just Important In Real Estate, It Also  Plays A Key Role In Tax Management In tax management, like in real estate, location is key, according to  Vanguard’s Maria Bruno and Joel Dickson….

Inside Look ToThe $30 Million Pad Yahoo’s Marissa Mayer Just Bought(Allegedly)

    CEO Marissa Mayer and her husband, Zack Bogue, have bought a $30 million  Tudor-style mansion in San Francisco, according to rumors  in the city’s real estate circles If the rumors are true, her  new neighbors will include Oracle’s Larry Ellison Apple’s Jonathan Ive,…

Why Real Esate Investors Hoarding CA Real Estate

    California can be a great state to park your long-term real estate  investment dollars. Not only has the Golden State provided outsized wealth  growth for real estate owners over the past 40 years, but going forward it has  some unique characteristics that…