I’ve often thought that there are two kinds of businesses: those that make money from providing more value to customers, and those that make money from providing less value to their customers. This brief article describes 5 grocery store ripoffs. I’d add Trop50 to the list, as noted also in the comments here. Trop50 is…
Read MoreMy pal Rex just posted about teamwork, in the literal sense, over at Grootship. This struck me because the notion of having a ranger buddy was drilled into us in countless ways during Ranger School, not the least of which was doing lots and lots of pushups if you strayed too far from your Ranger…
Read MoreHere is another quote that has often been paraphrased, and the recursive nature of that concept is particularly appealing in this context: It can scarcely be denied that the supreme goal of all theory is to make the irreducible basic elements as simple and as few as possible without having to surrender the adequate representation…
Read MoreThis WSJ article on identifying and analyzing mutual funds is interesting because of what’s not there. The article describes a new study by Fama and French, the prolific finance authors who continue to study the efficient market hypothesis and the effects of pretending it doesn’t exist. In short, the study tracked yet another big collection…
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