venture capital

The Lottery is the Best Investment Strategy for April 1st 2012

After 72 hours of non-stop mega millions lottery news coverage, we discovered the best investment strategy to secure your future is to buy lottery tickets. One never knows and it's best to place your fate in the hands of improbable odds. While the chance of hitting it big are 176,000,000 to 1, we checked the numbers and discovered getting your retirement 401k to where it needs to be has even worse odds and also correlates to winning a lottery. See the correlation graph below.

 

It all Depends on what you call "Small Business"

Surfing the Internets I found a most interesting post by Chris Gunn, SBA continues to fabricate contracting data. Oh really? It seems the Small Business administration likes to re-categorize large multinational corporations as Mom & Pop operations in order to award them large amounts of government dough!

This year the SBA awarded $93.3 billion to Small Business in 2008. It appears the SBA also missed it's target in small business contract awards by a good 1.5% (ignoring the awarding of contracts to those not qualified).

The numbers are significantly inflated with some of the largest corporations in the world. In some cases the numbers even appear to be the result of fabrication by high-level government officials at the SBA and other government agencies.