A Brief Accounting (& Parenting) Primer As a former accountant (my first post-college job was as a CPA), I learned these inventory terms: FIFO: First in, First Out LIFO: Last in, First Out Weighted Average method: what it sounds like. To those, I’d add one more: FILO, for “first in, last out.” Specifically, that’s what harried...Read More
I first reported the phenomenon in a post more than 18 months ago (“Where’s the Rest of Me? The Phantom Cellphone Vibration“): you’re standing in the shower — presumably undressed — and you feel your left (or in my case, right) hip vibrate. You think you’re wearing your phone — until you realize you aren’t. It...Read More
What is the Opposite of “Plastic” (circa 1967)? It may be hard to believe if you’re under 50 years old (60?), but once upon a time, Eastman Kodak — along with other technology pioneers like Polaroid, Xerox, and Motorola — held the same place in the American corporate pantheon now occupied by such companies as Apple,...Read More
Greek Deja Vu See if you can guess what I’m talking about: –It’s from Greece. –Leading American companies are playing a central role in creating and exporting it. –It’s likely to affect every American household. Give up? Greek . . . . yogurt!! (what did you think I was going to say, “sovereign debt?” “Financial...Read More
One Less “Crazy Cue” Here’s a shorthand for whether the kind-of-crazy looking New Yorker, talking to themselves, is really crazy — or just talking on their (blue tooth-enabled) cell: in the subway, they’re definitely crazy. Above ground . . . the odds are that they aren’t. —City Lakes Real Estate Blog (Aug. 7, 2010) Looks...Read More
Understanding Currency — But Not Denominations You’d ask the same question, too, if you saw your Father hand the waitress one bill . . . and get four bills back in return! Except that the one bill was a twenty, and my change was a five and three ones . . . P.S.: My daughter does play...Read More
