Work & Career

November 14

Bad News Bargains

I know this could sound callous, and I don't mean it to, but all the bad economic news has created bargains everywhere you look. Stocks (of good companies) are cheap. Banks are offering suprising high rates on CDs and retailers are offering incredible inducements. I am down in Florida as you read, and restaurants are offering meals for 50% less than the last time I visited a couple of months ago. The takeaway message: If you husband your money in good times there will be wonderful opporutnies when things turn bad (as they invariably do.) More…
September 4

Aren’t We Suppose to be Striving for Exceptional?

While I vote, and keep up on the issues, I am pretty much apolitical. And Lord knows, no one is turning to this space to hear me talk about either the Republican or Democrat platforms. But I was struck by something I heard about both vice presidential candidates during the conventions. Senator Joe Biden was described “as a regular Joe.” Yes, it was a play on his name, but it was an attempt to show he was everyman. Similarly, Governor Sara Palin’s appeal, we are told, is “she just like us.” In investing, we are always looking for the exceptional. Shouldn’t it be the same standard in politics? More…
September 1

...So Why Aren’t We Working Today?

Does anyone else find it odd that on LABOR day so few of us are working? More…
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