Author: Courtney

Four Wealth Lessons From 4:44

In his 13th studio album, 4:44, Jay-Z gave us “a million dollars worth of game for $9.99.” To be fair, Jay-Z isn’t the first person to share these wealth lessons. Dame Dash, Jay-Z’s former business partner, shared many of these lessons during his Breakfast Club interview two years ago. But when you are the second richest man in Hip Hop, the message sounds different. So what was Jay-Z’s message? Lesson 1: Buy appreciating assets “I bought every v12 engine; I wish I could take it back to the beginning…” Jay- Z’s v12 car collection includes the Maybach Exelero, rumored...

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One Major Blow to the Blue Apron IPO

In its June 11, 2017, article, Business Insider quipped, “Blue Apron’s IPO is a missed opportunity for Whole Foods.” Not anymore. On Friday, June 16, 2017, Amazon ($AMZN) announced its acquisition of Whole Foods ($WFM) for $13.7 Billion dollars. The meal kit industry has two simple components — a subscription service and good food. While Amazon Prime, its subscription service, has no signs of slowing down with over 80 million members;  Blue Apron’s subscription service is showing signs of strain.  On the other hand, Whole Foods has mastered the art of food. Separately, Amazon and Whole Foods have tried...

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National Donut Day: there’s billions of dollars in these donuts

National Donut Day didn’t initially start an excuse to get free donuts.  In 1938, it was a holiday established to celebrate the women who served soldiers donuts on the front lines during World War I. To celebrate this sweet holiday, check out these freebies: Dunkin’ Donuts is giving away one classic donut with the purchase of any beverage. Krispy Kreme is giving away one free donut in any flavor. Tim Hortons is offering a free doughnut when you mention National Doughnut Day. Are donuts really a billion dollar business? America runs on Dunkin’s coffee Friend of The Ivy Investor,...

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United Airlines: Expect Turbulence

The general practice of overselling flights caught up to United Airlines this week, and it has been nothing short of a circus.  Around 5:00 pm on Sunday, April 9, 2017, Dr. David Dao boarded United Flight 3411, a sold-out flight traveling from O’Hare International Airport to Kentucky.  Minutes later, Dr. Dao was dragged through the aircraft’s aisles on his back by Chicago Department of Aviation security officers.  This scene was caught on video, circulated online, and became an epic public relations disaster.   Please fasten your seatbelts; it’s going to be a bumpy ride Initially, passengers were told that...

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Five reasons why I won’t be Snapping up Snapchat

Snap, Inc. (the parent company of Snapchat) is scheduled to be available for purchase by the public on Thursday, March 2nd. Although this is probably the most anticipated initial public offering (IPO) since Facebook, I’m skeptical. Here are five reasons why I won’t be snapping up Snap[chat]. Snap is not a camera company To its 150 million active users, Snap is a technology and social media company with two products, Snapchat and Spectacles. Snapchat, Snap’s flagship product, is a dynamic ephemeral photo and video social media platform. Spectacles are sunglasses that connect directly to Snapchat to capture video from the...

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