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News of My Death Was Greatly Exaggerated: How I Survived the Texas Depression : My Financial Strategies for the '90s

News of My Death Was Greatly Exaggerated: How I Survived the Texas Depression : My Financial Strategies for the '90s

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Rating: 1 stars
Summary: Hilariously cheesy
Review: Imagine someone more vain and platitude-writing than Donald Trump!

Basically, this guy blames everyone else in the world for his troubles: inefficient FDIC/regulators, bankers, brokers, tax reform, Congress, etc. Then, he portraits himself as a humble Michigan-born Texan who has been virtually victimized by the stupidity and disrespect of others. During which time, he illustrates himself as an industrious and honest Gen Partnr who only emotionally cares about his LP equity investors, while he steadfastly remains the model citizen of Texan society. Give me a break!

On the side, he does everything... he says that he essentially predicted the Oct 87 stock market crash -- but if it only weren't for a stupid stockbroker who convinced him to reverse his short-position in Sept 87. Geez, like I haven't heard that one before at the local bar!! He claims he developed the first HMO and is charitable. BTW, he also describes himself as a loving, devoted, and caring father and husband... I guess that is what caused to the 4 divorces/marriages, eh?

You gotta just laugh and chuckle all the way thru this book, and take it as an unintended self-inflicted joke. This guy is so wrapped up in himself (beyond bragging), that he doesn't realize the average reader looks at him being dishonest to himself and hugely self-absorbed. Moreover, the reader is never convinced that he is honestly representing the real and balanced business events that occurred. Instead, this book comes off as grandstanding and a podium for his bravado and sales pitch to the next prospective, unsuspecting LP real estate investor.

Ultimately, the book is not really about a real estate business turnaround, bankrupcy avoidance strategy, or U.S. S&L tragedy, but its about himself, his money, and his excuses why he doesn't have more money. His writing rambles and is repetitive... you can almost guess which big vocabulary words he must have looked up in a Thesarus and which sentences were doctored by the Editor. Well, I guess at the time he wasn't going for a Pulitzer --


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