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Rules from the BABY's Book on Becoming a Billionaire
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Rule #288: If you honk on the freeways of Southern
California, you stand a good chance of getting killed. If you don’t honk at the
slow drivers in your company, you also stand a good chance of getting killed.
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Hedging bets AND taxes. Neil contends that hedge fund managers undermine
morality and fairness by using current tax laws to minimize capital gains
liability.
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Engineering her career choices: Renowned computer scientist Jeanne
Ferrante, associate dean of UC San Diego’s Jacobs School of
Engineering, shattered the "glass ceiling" in a male dominated field through
determination, hard work and exceptional mentorship.
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Saving pennies may cost big bucks. Entrepreneurs tend to be
"do-it-yourselfers," but when it comes to being audited by the Internal Revenue
Service, you might want to call in a professional, counsels CPA Theresa
Drouillard.
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Home $weet Home: In this week's Elevator Ride segment, Dina
Moskowitz and Marc Zimmerman pitch their a la carte approach to
online real estate brokerage which offers "brick and mortar" customer service
while charging buyers and sellers only for the assistance they need.
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Trash or stash? CPA Victor Ramsauer advises listeners about which
business records to keep and for how long.
Jeanne Ferrante, Ph.D. is associate dean of UC San Diego's Jacobs School of Engineering where she is also a
professor of computer science. In her career, she has received numerous honors
including the prestigious Sigplan programming languages award, and she is a
fellow of the Institute for Electrical and Electronic Engineers. In April,
Ferrante received the Athena Pinnacle Award in recognition of her professional
success and her efforts to empower other women to follow in her footsteps. She
also founded the Teams in Engineering Service, an innovative
academic program that puts the technical and creative skills of UCSD
undergraduates to work with San Diego non-profit organizations. Ferrante
received her Ph.D. from MIT in 1974.
Theresa Drouillard, CPA, president and shareholder of LevitZacks CPA’s, has more than 30 years of
experience in public accounting. She has a wide range of experience in
providing tax and consulting services to a variety of companies, both publicly
and privately held. Industries include retail and service franchising,
professional services such as legal and medical, retail sales, real estate
construction and development, farming, restaurants, auto dealers, hotel/motel,
electronic manufacturing, long-term contracting, and financial institutions.
Drouillard also provides tax and estate planning services to high net worth
individuals, represents clients in federal and state tax audits, and provides
litigation support, tax consulting and expert witness services. She has a B.S.
degree (Summa Cum Laude) from Duquesne University.
Victor G. Ramsauer, CPA, shareholder with LevitZacks CPA’s, has 30 years of experience in
public accounting. His broad range of experience includes providing auditing,
merger and acquisition services, and general business services to both large
and small public and private companies including manufacturers, construction
contractors, defense contractors, real estate investment and development,
hospitality companies, and small and emerging companies in high technology
products and services. Ramsauer has actively assisted clients in both the sale
and acquisition of businesses with values up to $100 million. His experience
includes a detailed working knowledge of the Federal Acquisition regulations.
He has a B.S. degree in business administration with a major in accounting from
California State Polytechnic University, Pomona.
Dina Moskowitz and Marc Zimmerman are the founders of PineappleHut which was started in 2005 to
modernize the experience and process of buying and selling homes. The company
enables buyers and sellers to take charge of as much or as little of their real
estate transaction as they would like through a customized array of services
and a fee structure that directly rewards their level of participation. The
result is that PineappleHut’s clients have the opportunity to save
significantly more of their equity and cash than with traditional real estate
brokerage business models, without compromising the level of agency service.
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