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Be fearful when others are greedy. Be greedy when others are fearful." - Warren Buffet Every board meeting I’ve attended in the last several months has been dominated by discussions about preserving cash, getting to break-even and how crappy business will be in 2009. I struggle with such discussions. It’s not that I don’t [...] While I joke a lot about being old, I neither feel old nor think old. A couple of hundred years ago, I’d be at the end of my life. One hundred years ago, I’d actually be old. Today, though, who knows? I might actually still be young. The story ain’t completely written ‘til it’s [...] President Obama has a brand new car. Sadly, this kinda thing is necessary when you’re the most powerful man in the world. The car, nicknamed “The Beast,” but known as “Cadillac One” by many is not the standard limo ride available to ordinary citizens. The features are in the graphic (courtesy of Jalopnik), below. [...] I’m certainly not here to defend the big three US auto makers or to say that the huge hole they’ve dug for themselves isn’t completely justified, but I find it interesting that so many people are criticizing the companies for not listening to car buyers. “If they listened to the consumer,” so many say, [...] I recently finished reading Walter Isaacson’s terrific biography of Benjamin Franklin. Having read his superb biography of Albert Einstein a couple of months ago, I was anxious to see how he applied his craft to other great people in history. I’m not disappointed (although I like the Einstein biography a bit more). In the [...] I’ve discussed how critical accurately forecasting sales is to a company’s success before. In short, I think that companies that have the skill to accurately predict how much they will sell and from where those sales will come have a substantial advantage over those that don’t – they can grow faster and often without [...] In November, I hit the 3,000 mile mark of miles cycled during 2008. At that time, I thought I would hit my [revised] goal of 3,500 miles for the year without any problem. As it turns out, I didn’t make it. As of 12/31/2008 – a full day I spent sitting on my ass [...] |
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Copyright © 2012 William Herman - All Rights Reserved |
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January 31st, 2009 | 
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