On public radio this weekend, a financial industry expert mentioned two places where Lehman and other big-firm staff might end up: (1) in the offices of boutique firms that can get top financial expertise for a lot less money, and (2) in the offices of growing firms that want to […]
Phil
Politics is like baseball. If your team loses, you remember who struck out in the ninth inning, not who struck out in the fourth. — Howard Fineman, on McCain and blame assignation for the 2008 Wall Street meltdown, in Bailout ushers in the era of Obama, MSNBC, 29 September 2008. […]
A macroeconomist once told me that the two institutions with the longest investment horizons were university endowments and the Vatican. From Kevin Davis at Bull City Rising, an interesting intro to his article on what the Citi buyout of Wachovia may mean to Charlotte: Try to imagine, if you will, […]
There will have to be rigid and iron discipline before we achieve anything great and enduring, and that discipline will not come by mere academic argument and appeal to reason and logic. Discipline is learnt in the school of adversity – Mohandas Gandhi
I probably shouldn’t be quoting this, but here you go :-) Consultants have credibility because they are not dumb enough to work at your company. — Scott Adams
It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and […]
If you haven’t visited the library since you were in college, you have no idea what you’re missing. Here are some things I’ve done at the library in the past six months: downloaded data from ReferenceUSA with contact information for 500+ potential qualified clients for one of my clients (criteria: […]