Tagged: business

Sections of the Newspaper

The first section — the “A” section — of the Los Angeles Times, focuses on international news and domestic stories of national interest. It is here that one learns how ugly and cruel life is for most of our brothers and sisters living in places other than America and Europe. The next section is the...

How To Make Millions of Dollars

Take water. Add salt or sugar. Give water product a name that sound nutritious or refreshing. Acquire celebrity endorsement. Advertise heavily, imbuing sugar-water with perceived value and prestige. Sell at handsome profit.

A Subtle Hazard of Reading the Wall Street Journal

As a counterbalance to the reflexively liberal Los Angeles Times, which we read every morning, we also read the reflexively conservative Wall Street Journal on weekdays. The paper is extraordinarily well-written, and its non-news feature articles are better than those in most magazines. The problem with reading the WSJ every morning, though, is that you soon discover the way the...

Watches

Since I don’t wear a watch, I can’t say with any certainty that one brand is better than another. (I don’t wear any jewelry, especially the kind that would remind me on a constant basis that I’m creeping inexorably toward death.) So if I’m completely out of line here, forgive me. It seems to me,...

Insider Trading

The U.S. stock market is the world’s largest casino, except in this particular gambling den players don’t know the odds on their wagers. They just bet and hope. There’s very little correlation between a company’s real value and its stock price or between its earnings and its stock price. If there were, anyone could safely...