You know, I just can’t help feeling outrage, depression, and cynicism at the Big Three auto companies asking for a taxpayer bailout. Twenty years ago, we read cases in business school about how American auto manufacturers had already fallen behind foreign imports in production capability, cost structure, and market responsiveness. At the time, this was [...]
Be Thankful; It’s All in Your Mind
(A Financial Tailspin sucks! Don’t compound it.)
We’re going through some … interesting … times, financially. People feel insecure, established institutions are in desperate need of bailout (funny how attractive socialism becomes when you’re the one who needs the handout) and the world economy seems to be teetering on the [...]
I am a proponent of free markets for the things that markets are good at. Markets are great at pricing things whose future attributes are relatively predictable by the market players, and that don’t require a decision-making time horizon greater than the market trade horizon. For example, markets are great at pricing stocks, because companies [...]
Meetings! I just love meetings … no, I don’t. I hate meetings. But perhaps that’s just because I’m no good at running them.
According to an MSNBC article today, Bush met with the leaders of 20 countries Saturday night. To quote the article:
“After the almost 40-minute meeting and his six-minute statement, the president left the White [...]
If what we want to do is point fingers, there’s plenty of blame to go around. At the end of the day, though, I hold the creators of the securities as being far more responsible than the home buyers.
Professionals should be held to higher standards
First off, the financial companies are supposedly professionals. That means they [...]
According to a New York Times article about Greenspan and his policies today, Greenspan is defending his stance on derivatives (he was pro-derivatives) by saying the whole imploding economy is because of people acting in bad faith in the markets, but the deregulated derivatives approach was somehow still “right.”
Mr. Greenspan is apparently living in a [...]
I was reading Steve Salerno’s “anti-SHAM” blog as he was commenting on Hillary’s speech at the DNC last night. He didn’t think much of her story. She told a story of her success, he said, that may have been a tad… biased.
That got me thinking about how much our own stories do and don’t have [...]
After Podcamp a couple of weeks ago, I was interviewed by Wade Roush for Xconomy on entrepreneurship, happiness, and coaching. Hope you enjoy the interview!
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Tim Sanders wrote a blog entry that references a Business Week article on information overload I commented on last week. The writer suggests that information overload might be good. There might be some valuable information, and besides, young people can handle it just fine.
Sure. In what universe? My Get-it-Done Guy podcast email and people’s [...]
Have you ever wondered how certain corrupt businesspeople can keep spouting great, moral words while doing the exact opposite in their behavior? You wonder how they can wax eloquent about the need to give customers high-quality products while they happily substitute inferior quality raw materials to save costs. You wonder: are they insane? Probably not. [...]
