CEO, Parisian Family Office. Began Wall Street in '82. Founded investment firm, Native American Advisors, '95. White Earth Chippewa. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Drexel Burnham alum. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from GHOST RANCH on the Yellowstone River in MT, TN farm, PAMELOT or CASA TULE', the family winter camp in Los Cabos, Mexico. Always been, will always be, an optimist.

Wednesday, July 26, 2006

$22,600,000,000

A decent number, even for Wall Street.

The National Indian Gaming Association reported the above amount of gaming revenues for 2005 the other day. Another year of double-digit growth. Nice.

I wonder where all the money is going? In our travels across Indian Country we don't see Native people prospering with double-digit growth of incomes or net-worths or portfolio balances.

My real wish would be for gaming tribes to report profits. Those are never disclosed.

Profits would show too much money for few tribes and would make it hard to stomach for so many other tribes and individuals.

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