Kzenon Überforward

Yesterday I had a very interesting conversation with a friend of mine who is – ironically – a real estate lawyer in America. We had a video call on Skype and he was doing some contract work sitting on the porch of his beach home. He is planning to abandon his office downtown soon – why would he want to pay the fixed cost of something he has no use for?

I do have a similar story. I always thought about moving my stock operations into a nice shiny loft downtown. It would feel good. And it would be of no use at all. I guess I’ll stay in my study and have my people working for me from wherever they choose to. I also do have no dedicated office as a lawyer – which I also happen to be.

The next big crisis in the US is the commercial real estate bubble. Why am I not surprised? (more…)