Gary Acosta’s Blog

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

Bloomberg jumps into the race

People have been asking me what do I think about Michael Bloomberg entering the presidential race. I have to say that I’m not sure. Bloomberg supporters point to his success as mayor of New York and the fact that his wealth makes Donald Trump’s seem paltry. However, I can’t see the base of the Democratic…

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Why is LeBron having so much fun?

It’s fun to win, and with the NBA’s best record at 20-3, LeBron James has been doing plenty of winning. James is also enjoying the success of his HBO series, The Shop, and his many other television and film projects. Two years ago, the scuttlebutt around the sports world was that James was moving to…

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Marie Yovanovitch and Fiona Hill

This week, the media was dominated by the impeachment hearings. While I am going to save my opinion on the subject for another time, watching Ambassador Marie Yovanovitch and Fiona Hill testify convinced me of two things: First, knowing that there are smart, dedicated people like this in our government gives me confidence that despite…

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Should Billionaires Exist?

Bernie Sanders and Elizabeth Warren think billionaires shouldn’t exist. This has caused some well publicized indignation on the part of some famous billionaires like Blackstone’s Stephen A. Schwarzman, who countered by saying “Maybe Bernie Sanders shouldn’t exist”. In fairness to Sanders and Warren, I don’t think they are calling for the elimination of anyone in…

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What do Latinos really want?

I have been thinking a lot about what Latinos really want, and perhaps a better question is what do they really need. Everything I do with NAHREP, The Hispanic Wealth Project, and L’ATTITUDE is about answering those questions. We talk a lot about creating a new narrative for the Latino community. Not an easy undertaking,…

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Leadership

I’ve been talking about leadership a lot lately. It’s an interesting topic because the qualities that create a great leader are sometimes difficult to define. The concept of emotional intelligence has become better understood in recent years and there are some good books on the subject. Great leaders have vision, integrity, good communication skills, and…

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Venture Capital

I spent the Friday in El Paso with my friend Beto Pallares. Beto is an amazing guy. He holds several degrees including a BA from Brandeis and a PhD from UTEP. He manages a $150M venture fund for one of the wealthiest families in all of Texas. He also sits on eight corporate boards, but…

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I’m sold on the term “LatinX”

USA Today published an article about the term “LatinX” this past weekend. You should read the article yourself, but it essentially blasts the term as a progressive-led assault on the Spanish language itself. The article initially resonated with me and I decided to post it on FB on Friday to see what others thought. Once the comments…

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And the name is…

After much consideration, I have decided to name my podcast “Latin Privilege”. I’m doing my research right now, but plan to launch immediately after the first of the year. Much like this blog, we will be discussing business, politics, sports and entertainment. I’m looking forward to it and hope you will join me.

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