Webster’s defines courage as “the response of facing and dealing with anything recognized as dangerous, difficult or painful; the courage of one’s convictions, the courage to do what one thinks is right. And courage is the hallmark of great leadership. Tomorrow marks the 50th anniversary of the March on Washington. Then, and in many other …
A recent article in The Chronicle of Higher Education, “In India, Academics Defend Photocopying of Textbooks for Course Packs,” highlights the wealth and income differences among nations. I understand that the price of college textbooks designated for the American market is the highest in the world. But I have encountered college students here who have purchased English language textbooks for dramatically …
America’s College Students Subsidize Those In Third World Read More »
Omitted from my online resume is the heading of hobbies: “avid wordworker since age 12; builds rustic tables, cabinets. . . carves ducks, many from first growth white cedar . . . .” As a woodworker I often make judgments about the quality of wood and workmanship in new and used furniture, even some antiques. My …
High Quality Furniture: Less Costly in the Long Run Read More »
The following are extractions from an article recently published in Automotive News. After you have read them, what might you conclude? Married people who drive an Audi are the [automobile] industry’s biggest adulterers, according to a British Web site that helps them do it. The site, IllicitEncounters.com, which proudly describes itself as “the U.K.’s leading married dating …
During the past two years J.C. Penney has implemented a dramatic change in its marketing strategy. It called for greatly reducing the number of coupon/special on sale pricing and related promotional methods. Its old method was replaced with the so-called stable, every day price point method. And, according to The Wall Street Journal, this new strategy called for …
At what age do you think a child’s trajectory of future achievements (or lack of) is defined? Some people think that it is at age 4. It must be since some of them spend considerable dollars having their 4 year-olds “prepared” for acing “the new gifted and talented test.” If the child scores big he will qualify …
At What Age? Gifted, Talented or Just Well Prepped Read More »
We just spent 5 days chilling out on a Florida barrier island on the Gulf coast. It was our first visit to St. George Island . After 2 days there it became evident to me that this laid back environment is well suited for the millionaire next door types I have known. It is quiet, reasonable [$8.50/dozen Apalachicola oysters] and …
This respondent edited the printed screener, wrote outside the boxes: “I don’t own a Ferrari, I own three! . . . Rolex? I have three plus . . .Breitling, Cartier, Movado, Omega, Tag Heuer . . . (wine collection) 2,000 bottles.” Mr. Multiplinski, aka Mr. M, was first profiled in Stop Acting Rich. But it is …
A recent news headline read: “Senate even losing money on haircuts; Critics say $400K deficit for hair salon symbolic as Congress seeks military, domestic program cuts.” Yes, even in these times when families are struggling financially, our government in Washington is providing subsidized haircuts for members of the U.S. Senate. Last year the Senate Hair …
Barbershops, 91% Profitable but Not the U.S. Senate’s Read More »
Warren Buffett is the best of the best at transforming income into wealth. How did he do it? Wise investing, you say. Combine this with his reputation for having enormous integrity and his well publicized frugal lifestyle. When it comes to consumption he seems to possess traditional midwestern values. In spite of his substantial wealth he lives in a relatively …