Posts from April 2016

When Only An In Person Meet Up Will Do

This is a hilarious, and touching story. In this day and age, there are a lot of virtual meet ups. Google Hangouts, Skype, and other virtual ways are used to connect us. At the University of Illinois this week, I …

What It’s Like To Get Your Job Automated

One of the things that scares the middle class today is getting their jobs automated by technology.  The pace of technology is moving so fast, it’s scaring the bejeezus out of people. I share this story because yesterday a person …

Capitalism Works

Yesterday I was at a lunch where University of Illinois alum Mannie Jackson spoke. If you don’t know him, he is the owner of the Harlem Globetrotters. He wrote a book called Boxcars to Boardrooms. One of the stories Mr. …

Is Reaganism Dead?

Interesting point by William Galston regarding Trump and the Republicans. He makes the case that Reaganism, and what Reagan strongly believed in was dead. In some cases, he is correct. The Republicans have lost the fight on a lot of …

Big News For Gluten Free Eaters

Yesterday, Simple Mills announced that their baking mixes will be available at Target.  If you are a person who is sensitive to gluten this is great news.  They are already available at a lot of grocery stores and are a …

A Moral Case for Breaking the Law

When the WW2 Museum dedicated P-51 last week, I recalled the words of Martin Luther King. He said, “One has a moral responsibility to disobey unjust laws.” Technology is moving at an unbelievable pace.  There are things that can happen that …

A Double Victory Becomes a Home Run

On Thursday, the National World War Two Museum dedicated a P-51 Mustang. It’s been restored to resemble the Tuskegee Airman fighters that escorted bombers into enemy territory. Here is the video of the entire dedication. It’s full of plenty of …

Be Clear and Clean

One of the things that venture capitalist Bill Gurley touched on in his epic post was the terms of deals. One thing that I always admire is really clean term sheets. I value them-and never try to be in a …

How Do You Know The Asset Rally is Fake?

As a very observant market watcher, I have seen all asset markets rally since the beginning of the year.  Was the big break in January that ended on February 11 the bottom? I don’t know. You go broke picking tops …

The Danger of Theranos

(sorry for the ad in front of the video) Yesterday, Theranos got a little worse.  If you don’t know about them, the company was a high flying Silicon Valley medical startup.  Theranos is now the subject of a criminal investigation. …

Employees And Social Media

Yesterday, I blogged about companies and social causes.  The post was mainly about C suite execs and their use of social media and their decision to jump into social issues.  In the comments, Jeff Minch accurately said that a C level …

Should A Company Speak Out on Social Issues?

I have noticed that there are more idealogical investors out there.  In Hollywood, it’s hard to come out of the closet against the mainstream and find work.  In the old days, if you were gay you kept it hidden.  Today, …

Just Pull The Trigger and Do It

Illinois and the city of Chicago are a fiscal mess.  So is Cook County.  So are plenty of other cities and counties in Illinois.  The reason, public pensions. To be clear, my favorite solution to the crisis would be to …

The American Way Forward

If you don’t pay for the Wall Street Journal, you might not be able to see this article.  Find a hack around the paywall and read it. It’s a really nice summation of where we are in America today and …

An Exchange Goes Public

BATS is going public today.  It’s doing it on its own exchange.  Congratulations to them.  It’s hard to go public.  If you don’t know what BATS is, it’s an alternative to the NYSE and NASDAQ.  The first time it tried …

Networks, Target Markets and Company Structure

Yesterday I posted about how trusted networks should really be thought of as comfort networks.  It changes the conversation and the way people think about engagement.  Let’s delve a bit deeper into this. Companies are networks.  Some are built on …

Do You Have a Trusted Network? Or a Comfort Network?

A lot of people talk about their “trusted network”.  Networks are powerful things.  But, the more you try to formalize them, the more rigid they become.  If you try and actively check boxes for a network, it’s not guaranteed to …