From Flailing to Flourishing, With No Pain or Sacrifice “GE Capital Chief to Retire After Pivoting GE’s Finance Arm” –headline, The Wall Street Journal (8/30/2016) Once upon a time, corporations, sports teams, and election campaigns(!) that were flailing underperforming got restructured, overhauled, or otherwise remade (presumably, into something more focused, efficient, and — hopefully —...Read More
Not That There’s Anything Wrong With That . . . (on the contrary) Wanna guess what the phrase, “well-cared home ready for a new owner” invariably means? A. Everything in the house is in working condition. B. The owner’s lived in the home for decades. C. The home is hopelessly dated. Correct answer: all of...Read More
Can You Say, “Useless Platitudes?” With the usual onslaught of year-end investing articles, I’ve noticed a sub-genre emerging this year. Namely, advisors who claim that the secret to market-beating performance is “avoiding bear markets” (and implicitly, that parking your money with them is the best way to do that). I suppose the corollary would be,...Read More
Avoiding Cliches What do you tell a client who just sold their home, but pre-signed the closing documents and therefore wasn’t at closing to collect their proceeds check? Unfortunately, it just doesn’t sound right to tell someone that “their check is in the mail.” Instead, I told them that “Edina Title had mailed the check and...Read More
