Wall Street recently lost one of its greatest investment gurus, Dr. Martin Zweig. His obituaries were published prominently in both The Wall Street Journal and The New York Times. His accomplishments were many. On the Friday before the Monday stock market crash of 1987 he predicted “crash” on TV’s Wall Street Week program. Also The Zweig …
The subtitle of No Easy Day by Mark Owen [pseudonym] is very revealing, “the firsthand account of the mission that killed Osama bin Laden.” I rate this book 5 out of 5 stars! The very best autobiographies consistently give the reader the impression that he/she is there throughout the subject’s life. While reading this book, …
5 Stars-NO EASY DAY: THE AUTOBIOGRAPHY OF A NAVY SEAL Read More »
In his acknowledgements, James D. Hornfischer, author of the excellent, New York Times’ best selling book, Neptune’s Inferno, wrote: . . . three years of research and two of writing . . . . Imagine spending five years of your life producing one book! Even if you worked only 20 hours per week for, say, …
Not Talented? Not Gifted? So Represent Those Who Are Read More »
Some questions are asked so often that they deserve their own blog. One such question has to do with career choice framed in the context of “the need to become wealthy.” Early in my teaching career a distinguished senior professor and colleague once gathered all of the young faculty members together. He told us that in …
The Millionaire Next Door Swims with the Economic Tide Read More »
Thanks go out to John Doe who pointed out an error in yesterday’s blog. It has been corrected. But here is some additional insight into the blog. Mr. and Mrs. Teddy Friend Sr., as pointed out, purchased and consumed 50,370 packages of cigarettes over 46 years. That translates into 1,007,400 cigarettes in total. Why did …
Five years ago Brit, 36, and his wife were upside down on their heavily mortgaged home, had a negative net worth and owed more than $60,000 on their credit cards alone. Today the couple has a positive net worth of about $20,000. Brit explains that paying off their debts was extremely difficult and took much sacrifice. …
When I was teaching Marketing to 60 executive MBA students I was presented with a problem when trying to explain the concept of a highly focused niche marketing strategy. Nearly all of the students worked for large public corporations. Few, if any, had had experience with this business method. To support my discussion, I drew upon a …
Childhood Experiences Often the Foundation for Success Read More »
According to a Wall Street Journal article, the chief executive of Ford Motor Company, Alan Mulally, had the highest compensation package among all executives in the automotive industry. This is not surprising given the achievements he has made at Ford. In an recent cable news program about Mr. Mulally, it was mentioned that early in …
Most professions in this country certify their members. After rigorous training, for example, accountants who wish to qualify as being “certified,” must pass the CPA exam. Lawyers who practice law are required to pass the bar exam. And so on. But there are two professions that require no certification: politicians and journalists, both of whom …
A bookstore once asked five Atlanta based authors to participate in a Saturday morning book fair. As I entered the bookstore, I noted that one of the other authors was also a radio talk show host, Neal Boortz. I understand that his morning show is one of the most popular nationwide. He looked at me …