They Probably Paid Off Their Student Loans Faster, Too “It turns out that most CEOs of major US companies did not attend Ivy League schools, but rather their local state university or a smaller, less-known college.” - Peter Klein
RE: Starbucks Might Be Helping, Not Hurting, Independent Coffee Shops “‘Anyone who complains about having a Starbucks put in next to you is crazy. You want to welcome the manager, give them flowers. It should be the best news that any local coffeehouse ever had.’” - Martin Diedrich, coffeehouse owner in Orange County, CA.
Competition increases demand and you can succeed by outsourcing your marketing to
Gifted “When a holiday is the pretext and the value of the gift is (possibly) linked to merit, we can self-deceive and believe that a small-valued gift simply represents a cheap gift-giver, or a friendship of uncertain strength, rather than our own lack of merit.” - Tyler Cowen
Ouch.
Financial Shock: The Bad Decisions that Got Us Here
Financial Shock A 360º Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis is an amazing read.
Amazing for 2 reasons:
It was published in early 2008 and
is covering - in-depth - the issues the news media is just now picking up on - e.g. the Fed nearly bailed
Gas Prices are like Bad Haircuts Overheard at the Dunn Bros in downtown St. Paul:
“It’s like gambling, losing all that money at the gas pumps these days.”
Complaining about gas prices is like complaining about a bad haircut. Each of us has the power to change the impact it has on us. In the case of cars; drive less, use public transit,