How to Ask for Advice

Want the best advice? Here’s how to get it. Sources are cited at the end of this article:

1. Ask only credible people (Ray Dalio: “have done the thing successfully, multiple times, and can articulate how”)
2. Consider their incentives (don’t ask a barber whether you need a haircut)

How to Build a Team

Team building and leadership are highly subjective activites. There are many ways to be effective. I do not claim to have “correct” answers, but I can offer some experiences.

Personal History

My team and I got to know each others’ strengths and weaknesses by sifting, reviewing, underwriting, and making offers on deals over eighteen months. Let me clarify: We spent eighteen months doing all of that before we closed our first deal together.

AI Just Got Good Enough

For Microsoft, AI just got “good enough” to justify replacing 6,000 senior developers overnight.

Now, here’s the real question: Does a business leader cower in fear, or can we engage our brains and figure out how to leverage AI in our companies?

GROK + Financial Analysis + Asset Management

If you own or asset-manage multifamily properties, you know that it takes a long time to review a monthly financial statement.

Rather, it takes a long time to review it thoroughly & WELL.

Therefore, I’m experimenting with AI (specifically, Grok by xAI) as a tool for streamlining this task.

Prompting Grok

Here’s one of the Grok prompts I’m testing:

Capitalism vs Socialism

I don’t know Kris Bickerstaff, personally. But his words about capitalism vs socialism are compelling enough to deserve publication here at RayHightower.com.

Perhaps these words give you the same positive lift that they give me.