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Cindy Crawford's Supermodel Closet is the Size of a First Apartment
Oct 13, 2017
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With a resume and real estate portfolio like Cindy Crawford's, it's easy to be envious of the supermodel and her jet-set life. But nothing prepared us for the coveting that would ensue when we peeped her Malibu closet — which is the size of many people's first apartments. And better organized, too.

The featured closet in her Malibu home is a masterful walk-in, dressing room, vanity, and master bath in one — fitting for the original supermodel, who waxes nostalgic to Vogue in this recent 360-degree video tour about how she came up in the days when there were no everyday stylists, even for celebrities.

An absolute archive of 90s trends, from the Versace bandage dress that she wore to the VMAs in 1991 (the same year she and her fellow OG supermodels walked the Fall 1991 fashion week runway for Versace while lip-synching to George Michael's "Freedom" ) to the iconic cutoffs she wore in the legendary 1992 Pepsi Superbowl commercial , Crawford's wardrobe is as aspirational as the room she preserves it in for posterity. (Like for model-of-the-moment teen daughter Kaia Gerber , who herself recently walked the catwalk at New York Fashion Week and wants to know why mom was hiding that bandage dress from her.)

The "Midwestern girl" (who was valedictorian of her Illinois high school class and attended Northwestern in Chicago on a full scholarship for chemical engineering before becoming a supermodel) also has an enviable collection of hats, displayed with prowess on pegs surrounding that classic lighted vanity mirror. There's also a contemporary peg wall for all of Crawford's scarves — like the Julia Child of fashion accessories.

The "California casual" star says she "feels most like herself in jeans" however, and the style of her epic closet is equally classic: whitewashed cottage-style ceiling; built-in white drawers and vanity with brass hardware; iconic Hollywood Regency lighted mirror with exposed bulbs; and the cherry on top, loads of woven wood shade-covered windows and sliding glass doors out to a small balcony to let in all the natural light (maybe even an ocean breeze) a girl could want while getting dressed to the nines.

The Reformed Broker

Posted by Joshua M Brown

…five ranks of ten machines each, swept their tools in unison across steel bars, kicked out finished shafts onto continuous belts…

Paul unlocked the box containing the tape recording that controlled them all. The tape was a small loop that fed continuously between magnetic pickups. On it were recorded the movements of a master machinist turning out a shaft for a fractional horsepower motor. He’d been in on the making of the tape, the master from which this one had been made.

He had been sent to one of the machine shops to make the recording. The foreman had pointed out the best man – what was his name? – and, joking with the puzzled machinist, had been hooked up to the recording apparatus. Hertz! That had been the machinist’s name – Rudy Hertz, an old timer, who had been about ready to retire.

And here, now, this little loop in the box before Paul, here was Rudy as Rudy had been to his machine that afternoon – Rudy, the turner-on of power, the setter of speeds, the controller of the cutting tool. This was the essence of Rudy as far as his machine was concerned.

Now, by switching in lathes on a master panel and feeding them signals from the tape, Paul could make the essence of Rudy Hertz produce one, ten, a hundred, or a thousand of the shafts.

from Player Piano by Kurt Vonnegut

There’s something insidious going on in the psyche of investors that deserves a lot of the credit for today’s bull market, and almost no one is talking about it. But I will.

The first American retirement system – available only for gun fighters – a colonist in Massachusetts picks up his arms and goes off to defend his settlement against the Indians. They chop off his arm, rendering him unable to participate in the only form of labor that existed in those days (manual). He can’t build shelters anymore, raise animals or till the soil. So the colony takes up a collection, in the form of taxes, which enables the wounded fighter to retire and continue to support himself and his family.

You know who collected these taxes from the colonists? Usually the guy himself. True story.

The concept of retirement evolved from there. For most of the 1800’s, you basically worked on a farm til you died. Retirement took place in a graveyard. Until 1875, when the American Express railroad company established the first private pension fund in America, followed by many other companies shortly after. It was no big deal, given that the average person wasn’t expected to make it long past their 50th birthday. The US government created a public version of this – the Social Security system – in the 1930’s when it became apparent that not everyone was going to have a job long enough (or secure enough) to earn these pensions.

And then that went on into the 1970’s, whereupon the personalization of retirement funding began, with 401(k)’s and IRA’s and the like. Pensions became replaced with investment accounts owned and managed by each worker, which is where we are now. So the concept of retirement as we know it is essentially just fifty years old. It’s what the majority of investorshave been doing in the markets in the first place – deferring spending today so that they’d be able to have enough money to spend later on.

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