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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AAU Sports — Enjoy the process

Less than 3% of high school basketball players go on to play at a four-year college — less than 1% play division one. The numbers are slightly better for other sports. With odds like that it is shocking to some people that the business of youth sports is now a 12 billion dollar industry. Critics…

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Margin Call

Anybody interested in seeing a great movie on the mortgage meltdown should watch the 2011 film, Margin Call, written and directed by J.C. Chandor. The film is a fictional characterization of a boutique Wall Street firm that figures out that the trading algorithms most of Wall Street was depending on to gauge the risk of…

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Hispanics Support NFL ruling on Anthem

Most of you probably heard that the NFL ruled this week that beginning next season players who don’t stand for the national anthem could be penalized and fined. I’ve already written about how I feel about the subject; I think the players should be allowed to protest peacefully. However, while it’s no surprise that Whites…

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Grown Men with Backpacks

A few years ago, my family rented an apartment in New York City for a month during the summer. My kids were very active in theater at the time and were looking for workshops in the city to hone their skills. My daughter, Marisa was specifically looking for something comedy related. We found a company…

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Wealth in Miami

This past week, I was in Miami with my NAHREP familia discussing the recent Hispanic Wealth Project (HWP) Annual Report. The report discusses trends in Hispanic household wealth in America. The financial clout of the Hispanic community is growing, but the metric we hear most frequently is Hispanic buying power not wealth. The fact is, Hispanic…

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John Kelly is wrong about immigrants

John Kelly, the current WH Chief of Staff and former Secretary of Homeland Security made news this week when he said that most Mexican immigrants do not assimilate well into American culture because they are rural, unskilled and do not speak English. For these reasons, Kelly believes they should be kept from entering the country…

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Headliners line up for L’ATTITUDE

L’ATTITUDE is going to change everything. The first major convention about America’s new mainstream culture and economy will feature discussions and presentations about the media, entertainment, politics, and business. Confirmed headliners include: Robert Rodriguez (Filmmaker), Zoe Saldana (Actor), Alex Rodriguez (Athlete and Entrepreneur), Thomas Friedman (Author), Tim Sloan (CEO, Wells Fargo), Oscar Munoz (CEO, United…

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Talent is Overrated

If practice is the key to getting better at things, why does our typing ability fail to improve even though we spend hundreds of hours typing on our computers each year? The answer is best expressed in one of my favorite books, Talent is Overrated by Geoff Colvin. Colvin, Senior Editor at Large, Fortune Magazine,…

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Hispanic Homeownership Spikes in Q1

Despite rising interest rates and tight inventory, Hispanics purchased homes in droves during the first quarter of 2018 according to the U.S. Census Bureau. The Hispanic homeownership rate increased from 46.2 percent in Q4 of 2017 to 48.4 percent in Q1 of this year. The increase corresponded with a net gain of more than 250,000…

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Emotional Leadership

Running NAHREP has taught me a great deal about leadership and company culture. I get to interface with a lot of companies and business owners, and I occasionally get to see under the hood. By running NAHREP I’ve also learned that in an organization with over 30,000 members and volunteers, inspiration is the lifeblood. Company…

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Erin Popovich

Some of you may know that I had the privilege of playing college basketball for Gregg Popovich, the current head coach of the San Antonio Spurs and the greatest pro basketball coach of his generation. I played at Pomona College in Southern California and Popovich was the head coach – his first job as a…

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American Dynasties

I have been watching the CNN series, American Dynasties about the Kennedys (it’s great). The last episode was about the civil rights struggle and how the Kennedys deployed the National Guard to Alabama to make way for the first Black students to enroll in the University of Alabama. Ironic, considering how the National Guard is…

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