Archive
While many investors were visiting Omaha, I went whitewater rafting in North Carolina... Last week was many investors' annual pilgrimage to Omaha, Nebraska that culminated in Warren Buffett and Charlie Munger, two of the greatest investors in history, conducting Berkshire Hathaway's (BRK-B) annual shareholders meeting. Meanwhile, I was on an executive retreat in North Carolina. […]
The crisis in Ukraine revived coal demand... As the world has gradually shifted to greener energy sources, coal has taken a backseat. For a few years, everyone was referring to the world's dirtiest power source, coal, as a power source of the past. However, the war in Ukraine has forced many western countries to rethink […]
- ARCH
The music industry is a cutthroat arms race... From vinyl and 8-tracks to CDs and Napster, the 20th century saw huge disruptions in music distribution... and the 21st century is showing no signs of slowing down. Each time a music format takes the world by storm, it's quickly thrown aside for the next in the […]
- AAPL
- AMZN
- BLK
- SPOT
Editor's Note: We wrote this note to our premium subscribers yesterday and wanted to make sure all our readers heard these thoughts this morning after a rough day in the market and a challenging start to the year thus far. We have understandably been getting a lot of questions from our readers and institutional clients […]
The record number of ships waiting to dock is just scratching the surface of supply chain woes... Struggling to find toilet paper and standing desks in the early days of the pandemic was only the beginning of the supply chain shortages we've experienced over the past two years. Grocery store aisles continue to be sparse […]
Acts of kindness help make people better... A question I ask myself often is how do I, as a leader, build an organization that has the best chance to succeed for the long term? How do we make sure that our people, our entire global workforce, are motivated and want to work? How do we […]
Pretty soon, working habits will be cemented in stone... It's no surprise that managers and workers feel differently about the future of work. Many business leaders have been hyping up the return to the office as the grand revival of the office life that was halted in early 2020. There are many factors that make […]
- BXP
The coronavirus pandemic emptied out the streets of Manhattan... With all the news you've likely read about Manhattan in the past 24 months, it's not surprising that people left the city in droves when the pandemic hit. From empty subway stations to a high incidence of violence to floods stranding passengers underground, transit has gotten […]
- AVB
One company is in particularly deep trouble... Russia's invasion of Ukraine is a tragedy on a massive scale, and this stark upending of European peace sent shockwaves across the world. From supply chain and operational disruptions to rising commodity prices, this crisis is causing many international companies to think about the world in a new […]
- EPAM
Inflation is at 40-year highs... As the world reopened and folks felt more confident about safely going out both locally and abroad, demand for goods and services grew in quick succession. Plus, with bank accounts buoyed by stimulus cash, people were ready to splurge. From fancy new outfits for the return to the office to […]