Category

Price controls

• 12.06.09
  Sixty percent
  Price controls (0)

  Jason Zweig has an article in the WSJ "Intelligent Investor" section in which he says that sixty percent isn't much better than a coin flip. He needs to learn some probability and statistics. You can make good money with odds like that, especially if you get hundreds of coin flips. The article is about whether it does any good to hire a top-notch CEO to turn a company around. It's important to get these things right, because CEO compensation is under attack by the Obama administration these days. The article doesn't say anything specifically ...
  
  
• 07.09.09
  Not as smart as they think they are
  Price controls (0)

  Interesting. Page one of the WSJ says, "U.S. Rethinks How Best to Pay Pros. I wondered how anyone could possibly know what the U.S. was thinking, so I clicked on the article. There I learned that the page one headline had lied to us. Instead of the U.S., it's the White House that's thinking these thoughts. ("White House Rethinks How Best to Pay the Pros.") That's kind of what I suspected. Actually, I'd rather leave it up to the U.S., or more specifically, to the hundreds of millions of people who have an even ...