financial reality

Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area, or on my boat which I keep in the British Virgin Islands. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

One Small Step

September 29th, 2004 by InLibrisLibertas

Burt Rutan’s SpaceShipOne made it to space, albeit with a scary corkscrew. Looked like a bottle rocket. But good news, anyway. First leg of the X-Prize. Better get that roll fixed before putting any passengers on that puppy, though. You’d have to pay me $200K to ride, not the other way around. (Richard Branson announced on Monday that he would invest $25 million in a new space venture, to be called Virgin Galactic. The project will license Scaled Composite’s SpaceShipOne technology for commercial suborbital flights starting at about $200,000. He expects it could fly 3,000 people within five years.)

Posted in Truth and Trivia |

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