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November 02, 2003

Parking Lot Indicator

My uncle who used to be a guru at investment bank once gave me some investment advice when I was a kid. He suggested biking around the office parks around Palo Alto for due diligence. See which parking lots were full on the weekends and investigate those companies because they are probably on to something. This was way before the boom and helped me put my newspaper-route money in good places.

Perhaps a similar indicator is that one of the cars in my driveway is sitting there out of gas. Adina's car has had a flat for two weeks. Compunction for maintainence activities does not compute when you are on the cusp.

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» Learning from cabbies from Simplicity Works Everytime
here are lots of investment ideas, lessons and indicators you can learn simply by keeping an open eye (and ear). I still remember one from Ross Mayfield - The parking lot indicator. Anyway, today's cabbie was telling me that its only in the last mon... [Read More]

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