The Psychic Predicts

Wouldn't we all like a crystal ball that could predict the future?

How much easier it would be to make sound business decisions, if we knew what was coming.

Fashion mogul Izaak Mizrahi consulted with his favorite psychic before deciding to open a retail location in Chicago.

He probably should have asked the seer if there was a downside in the future.

Rush Walton Limited Partnership is suing Mr. Mizrahi for breaking the lease he made on a storefront in a toney part of Chicago. They want the rent he promised for the entire term of the lease, plus the rent they will lose while the place sits empty, waiting for another psychic to advise someone else to expand their enterprise.

What the psychic advised must not have passed the careful eyes of Mr. Mizrahi's accountants. No sooner was the lease signed than his corporate entity was cancelling the deal. The store was never even close to opening.

So Rush Walton wants three quarters of a million dollars for their troubles. The issue will play out in court, where it's likely a settlement will be reached at some point.

It pays to ask questions of your psychic, to go beyond the basics. Should I open a new store, you might wonder, but you're missing out on critical information if you don't next inquire as to whether or not opening that store will bring in revenue. That's a question for the bean counters, not those in tune with the infinite.