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Toreador, Ole!

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Gives me the willies when I hear what Wall Street types are saying just now. Reminds me of 1980, when the uber bull oil analyst at my firm grabbed the microphone and bellowed, “The risk is not in being in Dome Petroeum, … Continue reading

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On Work, Part II

We were surprised…The Good-to-Great leaders seemed to have…a paradoxical blend of personal humility and professional will…more like Lincoln or Socrates than Patton or Ceasar —Jim Collins, Good to Great NFL players are passionate about the game, but ask any retired … Continue reading

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On Work, Part I

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Take a look at them. They’re all nice guys. But they finish last… —Leo Durocher, 1939 The beatdown of the American middle class is especially hard on employees of public corporations today. It has not always been so, but it is now, … Continue reading

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On the Taxonomy of Gloom

Most of us view the world as more benign than it really is… —Daniel Kahneman, Thinking, Fast and Slow Message from a friend I haven’t seen for many years: “Maridel (my daughter) told me about your blog. I see you are … Continue reading

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On The Gift of Desperation

The Time for System D is now —Robert Neuwirth Tamales, she sells. From a shopping cart, standing in front of a downtown Manhattan deli. And Mole Poblano, which, you understand, is a sauce of divine origin. In the 16th century, the story … Continue reading

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Lera

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It comes to me now in song: “Woman,” the songwriter sings, “Best you be a looker, a hooker, a pretty good cooker and interesting to talk to!” And, when I was old enough to be told so, Dad allowed as … Continue reading

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Charles David Roth, 1906-1971

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The word was, he once owned an elephant. It’s a plausible story, given his fine sense of the ridiculous. It would be the thing a bachelor living in Asia during its heyday would do. More interesting is how he got from the … Continue reading

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Operation Blue Star, 1959

Imperialism moved forward, not as a result of commercial or political pressure from London, Paris, Berlin, St. Petersburg, or even Washington, but mainly because of men on the periphery, many of whom were soldiers, pressed to enlarge the boundaries of … Continue reading

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On Forecasts and Forecasting

“If trouble comes when you least expect it then maybe the thing to do is to always expect it.” ― Cormac McCarthy, The Road Citing a ten percent increase in this year’s occupancy rates over 2010, area hoteliers (our principal industry being tourism) … Continue reading

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Adios Phony Rally

A few days ago, a friend told me I should read Ron Paul’s Meltdown:A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts will Make Things Worse, which was published February 9, 2009, almost exactly at the … Continue reading

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