Along with learning the piano works of French composer Erik Satie, Aaron’s latest project has been learning the art of gardening gladiolus and other flowers. I was indifferent to the plan in the beginning, but after seeing the fruits of his passion, I wholeheartedly support this.
Right now, we are watching a South Korean series that translates as “The First Shop of Coffee Prince”. My favorite reason for this show is the grandma, the founder of the original empire, the CEO of the family foods business, and the one with the money. I swear, this woman answers almost exactly as I would in a lot of situations.
I have a theory that true intimacy, whether in friendship, business, or romantic entanglements, is based upon the degree to which one must censor himself or herself. People are happiest when they do not have to censor or edit what comes out of their mouth and they don’t have to concern themselves with the possibility of being judged.
The sugar industry is fascinating. For a variety of reasons, including protectionist policies put in place by Congress, prices recently hit a thirty-year high, threatening chaos for sugar refiners.
During college, one of Aaron and my closest friends made a comment that still haunts me to this day. I was explaining that if you own a share of The Coca-Cola Company, you actually receive a proportionate cut of the company’s profits on every single can of Coke sold. This makes sense, after all … if a business is divided into 100 shares outstanding, and you own 1 share, you own 1% of the company. If you own all 100 shares, you would own the entire business and get all of the profit, right? For me, this falls into the, “We hold these truths to be self-evident” category.
How My Grandpa Dennis Could Have Turned His Pepsi Habit Into a 7-Figure Estate I’ve written in the past about how nearly every American alive today has been confronted with perhaps a dozen different companies that they knew first hand because they enjoyed using the firm’s products for years (in some cases, their whole life)…
Mental Model: The Revolution of Satisfied Expectations The Revolution of Satisfied Expectations: “Research conducted by Daniel Kahneman of Princeton University, and by others who have come to approximately the same conclusion, shows that most people judge their well-being not by measuring where they stand but rather based on whether they think their circumstances and income…
John Robinson of the University of Maryland and Geoffrey Godbey of Penn State University have done research showing that “Americans now have more free time than at any point in the nation’s history.” They calculate that since 1960, the average American has gained 5 hours of free time per week even after adjusting for women entering the work force.
I love Apple’s products and what Apple has accomplished over the past few years. However, it is amazing to see how little even journalists understand the way companies or valued or how to properly compare the total return generated by one business over a given period of time to another business.
In his dairy, John Quincy Adams wrote, “La molesse est douce, et sa suite est cruelle.”, which translates into, “Idleness is sweet, and its consequences are cruel.”