How We Eluded The Bear Of 2000
The date October 13, 2000 will forever be embedded in my mind. It was the day after our mutual fund trend tracking indicator had broken its long-term trend line and I sold 100% of my clientsí invested positions (and my own) and moved the...
The Ghost of Expected Surprises
Here, Cratchet, what do you think youíre doing? Uh, er, leaving sir. Leaving? Itís 5 minutes to the hour. Shall I dock your pay accordingly. Uh, er, no sir. No sir? Well itís back to work for you then, and be quick about it. And I...
How You Can Learn to be a Better Manager
When you first take over a department, expectations are usually high but operations are sometimes in disarray. The staff is disorganized, goals arenít being met, and hours are spent on unproductive tasks. Just when you think the company would...
Integrity is the Best Tool to Get What You Want
As a child, you probably heard, "to thine own self be true." But what does that really mean? When the newspapers are full of cheating and lying business owners, politicians, and academics, does it really make sense to maintain your integrity?