Kerry Lutz's--Financial Survival Network

Bill worked for a CEO who usually considered himself the smartest person in the room.  He had extensive experience in the industry we were in and had paid his dues to work his way into the C-suite. He considered himself the smartest person in the room because every time someone presented a new idea, the CEO would say something like this, “That’s a great idea!  But it would be better if you….”  Sometimes he would say, “When I was at XYZ Company, we did something like that and here is what we found that worked.”  There are an infinite number of variations of this exchange.  My CEO couldn’t resist adding value, a variation on the need to win (last week’s article).  Do you know someone who always tries to add value?  What about you?  Do you always try to add value? Then it's time to lead by following. 

Dale Nabors, well known real estate agent comment on the recent home sales numbers. New home sales slumped last month, according to a report released Monday by the Census Bureau. Analysts expected new home sales to tick down slightly in September following August's originally reported seven-year high. But few expected last month's housing numbers to drop off as dramatically as they did. What's behind the numbers? 

Ned Schmidt was on with us and he believes that the SDR is going to adjusted in the next few months to include the Chinese Yuan. This will have the effect of putting a floor on Yuan and a cap on the Dollar. It will force much of the world to diversify their portfolios away from the Dollar and towards the Yuan. We will know shortly, when the IMF acts.