Category: Business

Top 10 Things that Suck Cash

My first boss (from back in my lawyering days) early on told me that growth sucks cash, by which he meant, if a client decides to grow a company, you had better tell the client that s/he client had better be prepared to spend some serious money. My boss’s phrase […]

Being Smart About Picture of Numbs — the Corporations-are-People-My-Friend Edition

Many years ago, during a client meeting, I learned anew that there are many kinds of intelligences — that any given person can possess high intelligence of one sort while simultaneously possessing low intelligence of another sort. Since then I’ve come to know in a much deeper way that, in the […]

Luck vs. Skill: The Whitman Example

I knew folks at eBay while it was going through the steep part of the hockey stock — which is SiliconValley-ese for growing like all get out, the imagery being based on the shape of a graph of the revenues (and hopefully profits) of a company experiencing hyper-growth, with dollars […]

Entropy, Dodo Birds, and Reducing Complexity in Your Financial Life

We learn today that Hostess — maker of Twinkies and Hostess Cupcakes — is going to cease to exist. It will be no more. Michael Pollan cheers. So do I (though, given the nasty labor vs. capital fight that is going on here, I limit my cheer to the part […]

The Difference Between Business-People and Financiers

Recently we’ve been exposed to a great example of the difference between business-people and financiers, in the guise of a clearly successful financier asserting, quite a bit more broadly, that he was a clearly successful business-person. I speak, of course, of Mitt Romney, private equity hero, repeatedly asserting that he […]

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