The intelligent investor is likely to need considerable will power to keep from following the crowd.
Good managements produce a good average market price, and bad managements produce bad market prices.
There is a difference between what technology enables and what historical business practices enable.
If you take from the most wealthy and give to the least wealthy, it's good. It tries to balance out.
The world has been very careful to pick very few diseases for eradication, because it is very tough.
Why do people benefit in inverse proportion to their need? Well, market incentives make that happen.
I have been struck again and again by how important measurement is to improving the human condition.
We are in the throes of a transition where every publication has to think of their digital strategy.
Teams should be able to act with the same unity of purpose and focus as a well motivated individual.