There is one category of people that I cannot stand, and those are people who are indecent human beings.
I’ve had the misfortune of getting to know far too many more of these people than I care to recall.
I once participated in a group lunch at a restaurant in which our server, a young kid who
Tag: enron
Buy What You Understand
I think the best advice I can give anyone about stocks is "buy what you understand."
This mnemonic is easily confused with its deceptive cousin "Buy what you know." People--and I used to be one of them--are fond of buying stocks of companies that they "know," usually from using the company's products but sometimes from something
This mnemonic is easily confused with its deceptive cousin "Buy what you know." People--and I used to be one of them--are fond of buying stocks of companies that they "know," usually from using the company's products but sometimes from something
Enron Teaches Us That a Moral Compass Matters
I recently finished reading "The Smartest Guys in the Room," an amazing account of the characters who were complicit in the rise and fall of Enron. It is a page turner; I couldn't put it down.
The authors, Bethany McLean and Peter Elkind, tell a story of how exaggeration, manipulation and obsession with the numbers, particularly
The authors, Bethany McLean and Peter Elkind, tell a story of how exaggeration, manipulation and obsession with the numbers, particularly