Expensive Mistakes

The Most Expensive Mistakes How one bad decision forced a $12 billion acquisition. In 1980, one of the best consulting firms in modern America was approached by AT&T. At...

I Survived The Great Bear Market of 10/10

A note about the stock market on this wonderful October day, 2018. I imagine all the young techies seeing the markets today. In New York City and San Francisco, they are...

How Do You Manage 330,000 Employees?

I have no idea, but Buffett may have it figured out and it’s all about trust. Most know Warren Buffett as an investor. Or a billionaire. But what’s often forgotten is that he...

Walking Off The Court Before The Splash

Only a few athletes can do it. Here’s how I think they got there. I’m watching footage of Larry Bird in a 3-point shooting contest. It’s the all-star game weekend. I always...
Option Strategies News

Mean Reversion In Your Life and In Markets

Financial crashes, reward, and punishment I was recently looking over some old books I’ve collected about financial markets. I found myself going through the 2013 Credit...

What $1 Trillion Really Means

A basic lesson in economics so you can think better about money, investing, and your life. Everyone is going wild about Apple hitting $1 trillion. That’s what its market cap...