Category Archives for Independent Thinking
What is one common trait shared by nearly all of the world’s greatest investors? They read…a lot. William Green’s extraordinary new book Richer, Wiser, Happier: How The World’s Greatest Investors Win In Markets And Life is based on his interviews with investing luminaries including Charlie Munger, Sir John Templeton and Bill Miller. As an avid reader of investing books old and new, I can say that Richer, Wiser, Happier easily slides into my personal list of the best books I’ve read (I’ll be sharing more with…
Bruce Springsteen called out my name, and the spotlight swung towards me. My family and 18,000 strangers started cheering as they saw me on the Jumbotron in the arena. Blinded by the light, I dropped to one knee and tried not to drop the ring from my pocket… Five years ago, I proposed to my girlfriend at a Bruce Springsteen concert, with a little help from ‘The Boss’ himself. It was one of the greatest thrills of my life! Thankfully someone caught the event on camera (you…
Tony Robbins has warned business owners and investors over the years that they must prepare for economic “winters.” In our second interview for Forbes, we discuss managing emotions during harsh economic conditions, being a disruptor amid so much disruption, and how to survive — and even thrive — when winter comes. Click the link or picture below to read the interview: Tony Robbins: How To Survive An Economic Winter If you missed my first interview with Robbins, click here to access it: Tony Robbins & Karl Kaufman: The Forbes Interview Share…
Momentus is a space infrastructure company that is scheduled to go public this year. They’ve partnered with SpaceX and count NASA and Lockheed Martin as early customers. Momentus says it has $90 million in signed contracts and $1.1 billion under negotiation. One aspect of space travel that has not exactly captured the public’s imagination is the grunt work required to transport payloads between orbits. Vessels handling this essential task are known as space tugs, the “tow trucks” of outer space Though rocket launches might get all the glory, space tugs are…
Yesterday I published a Father’s Day tribute to my dad, Richard Kaufman, for Forbes.com. It’s certainly the most personal and emotional article I’ve written, as well as the hardest to write. I think you’ll find his story compelling and inspiring. What’s even more valuable in this article, though, are the investing lessons he taught me, some of which I’m sharing now with you. My dad had a singular focus to become a great investor in order to improve his station in life. He believed that anyone with the passion and…
We are saddened to announce that our founder and inspiration, Richard H. Kaufman, passed away on January 24th, 2020, surrounded by his loving family. Richard personified the American Dream. He was born into a struggling family in Brooklyn in 1947 and at the age of seven, lost his father suddenly. Richard was determined to make a better life for himself and as a child, spent weekends wrapped up in books at the Brooklyn Public Library. He attended Brooklyn Technical High School and was the first member of his…