Gary Acosta’s Weekly Blog

Featuring Gary’s take on the economy, politics, sports and Latino culture

Gary Acosta is an entrepreneur, public policy advocate, investor, and thought leader passionate about advancing prosperity for Latinos and other underserved communities. As an industry leader, he protects and improves the business environment required to close the wealth gap, particularly via homeownership. Amongst other endeavors, he is Co-Founder & CEO of NAHREP, the country’s leading Hispanic business organization, and Co-Founder of L’ATTITUDE, the preeminent platform for Latino economic empowerment. Acosta is also a general partner of L’ATTITUDE Ventures, the nation’s largest venture capital fund exclusively focused on Latino-led start-ups. Join Gary as he dives into today’s issues through many creative formats.

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A nod to Julián Castro

Julián Castro is a former HUD Secretary and a Democratic candidate for president of the United States. He also happens to be Latino, so of course I should support him—and I do. The truth is that Julián is a long shot. The Texas native comes from humble beginnings, but he and his twin brother Joaquín…

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We don’t need saviors

Late Friday the world received news that the Robert Mueller report was completed and sent to the Attorney General for review. Before anyone other than the justice department has seen any of the report or its primary conclusions, the speculation has been all over the place. Fox News is saying the report has vindicated the…

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Tom Izzo controversy

For those following March Madness, you might have heard about the controversy surrounding Michigan State coach Tom Izzo. Izzo, who is one of the most successful coaches in college basketball, was in the news this week after video footage of him savagely berating a player made its way around social media. The video prompted a…

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L’ATTITUDE 2019 to open registration soon

While SXSW continues to set attendance records, L’ATTITUDE will open registration soon for its 2019 event in San Diego on September 26-29. Once again NAHREP will host its national convention in tandem with L’ATTITUDE and will be joined by ALPFA and SLEI, two of the of leading organizations for Latino business professionals and entrepreneurs. Last…

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March Madness is coming soon

Next weekend the most exciting spectacle in all of sports begins. I love the NCAA Tourney and expect this year to be just as good as it usually is. The emotion of March Madness is what makes it so special. Every year there is at least one team that defies all odds and advances much…

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LDC Hosts Steve Forbes

I’ve been a board member of the Latino Donor Collaborative for two years. The organization is chaired by Sol Trujillo and is governed by an impressive board of many of the top Latino business leaders and entrepreneurs in the country. The organization produces research reports and hosts twice annual convenings where LDC board members interview…

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Hispanic Homeownership Surges in 2018

Last week, the U.S. Census Bureau released the final homeownership numbers for 2018 and indicated that Hispanic homeownership rose for the fourth consecutive year, and the gain was the largest since 2005. Hispanics are the only demographic to have its homeownership rate increase for four consecutive years. The increase is even more impressive if you…

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Is Going Keto Healthy?

I have been skeptical of the keto diet. How can a diet that says you can eat pig fat but not an orange be good for you? I don’t think it can be, but most studies show that the health benefits of a lower body mass index offset any possible negatives. I recently had my…

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Breakfast with a Billionaire

Last week, my friend Earl Watson arranged a breakfast meeting for me to meet with Starbucks founder, Howard Schultz. Watson and Armando Tam were also in attendance. Earl Watson’s relationship with Schultz goes back to when Schultz owned the Seattle Supersonics, the NBA team that drafted him out of UCLA. Schultz later sold the team…

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Roma

Famed Mexican director, Alfonso Cuarón’s semi-autobiographical story about a year in the life of the maid that helped raise him and his siblings. Cuarón who won the Oscar for Best Director for his 2013 film, Gravity, addresses several timely issues in Roma, including race, class and idiot fathers. Without being too preachy, the film subtly…

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Manny Machado

The twenty-six-year-old third-baseman from Hialeah, Florida signed the biggest free agency contract ($300,000,000) in MLB history to play for the San Diego Padres. As someone who lives in San Diego, I was as shocked as anyone because I always viewed the Padres as a sort of farm team for the bigger market teams. Maybe that’s…

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Whose economy is it?

Unemployment is low and the stock market is rising. Two of our primary indicators of how the economy is faring. Trump supporters say that it is the result of the president’s tax policy and curtailment of governmental regulations. Obama supporters say it is just the continuation of eight straight years of growth that began in…

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Is college worth it?

A few business authors and online personalities including Peter Thiel, Grant Cardone, and Gary Vaynerchuk, have challenged the general notion that a college degree is necessary to having a successful career. I also have a few friends in the real estate industry who also believe that college is unnecessary at best and a total waste…

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Amazon abandons Long Island

Amazon announced this week that they will no longer locate a secondary headquarters in Long Island after receiving a wave of backlash from local politicians and community groups. Last year, the retail juggernaut completed perhaps the largest RFP process in U.S. history when they selected Long Island, NY and Crystal City, VA to house their…

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D3 Sports

Today my son and the Colorado College Men’s basketball team played its last game of the season. Colorado College is an elite class of high academic liberal arts colleges with an admission rate of only 17%. The sports facilities rival most Division 1 schools. Coming out of high school, Aaron had other options but chose…

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Super Bowl Sunday

Today is the Super Bowl and I am rooting for the LA Rams, but while my heart is with the Rams my head says the Patriots will win again. At 41 years old, Tom Brady does not seem to be slowing down and I reluctantly have to admit that he is probably the greatest football…

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