Blog
Have You Seen the New Surcharge Being Added to Restaurant Bills in San Francisco?
Last week, I spent some time in San Francisco for meetings. At lunch, I saw something new. They're adding a 5% surcharge to offset "the cost of doing business in San Francisco." They didn't simply raise the prices. The prices are the prices … Then they add a surcharge. Pretty Bold!
Here Are Some Links for Your Weekend Reading
Don't ask how I know, but, never laugh at your wife's choices. Remember, you are one of them. Here are some of the posts that caught my eye. Hope you find something interesting. Lighter Links: 6 Ways Work Will Change In 2016. (FastCompany) What Peter Drucker Had to Say About Automation. (HBR) Japan
The Fed: How To Make $3 Trillion Disappear
After the financial crisis, the Federal Reserve created $3 trillion dollars. The goal was to try and keep the economy from collapsing. Now, as the economy recovers, the Fed is trying to figure out the best way to make that money vanish. The Fed can usually just change the numbers in their system … and,
The Past Ten Years - Apple Then and Now
Apple reported its earnings this week. Over the past 12 months, they made a net profit of more than $53 billion. That is significant, not just because it is a lot … It also is more than any other company has ever made in a single year. The previous record of $45.2 billion was
Chuck LeBeau on the Importance of Exits and Risk Control
In trading, skill and luck are often confused. Moreover, I believe that many traders do not understand their 'real' trading strategy. They may understand their process; but, much of that may be superstition. Meaning that many of their activities may be habits (some of which might even be 'carefully considered'), but that those actions or
Map Showing the Aging of the World's Population
It isn't hard to predict the number of 18-year-olds in 2030. You start by counting the 3-year-olds today. Likewise, certain huge macro-economic forces are easy to see. The chart below shows the aging of the World's population. The small image at the top shows the current snapshot. The larger image shows the world in 2050.