A couple of weeks ago I was with my family in Guanajuato, a beautiful and historic colonial city in central Mexico. Imagine a hillside version of Venice with winding alleys and colorful buildings. We arrived and settled in the rented apartment. We met Don ...
Business, Statistics, and the Carpenter’s Cup
The Holy Grail scene in Indiana Jones and the Last Crusade shows the closing piece of the riddle to find the cup of Christ. Walter, businessman-turned-scoundrel, outsourced his decision on which cup to choose to Elsa, the archeologist. Caught by his lust ...
Is The Cheesecake Factory in the Healthcare Business?
People who work on the business side of healthcare often wish that companies would think about healthcare more often, or even concede that they are in "the healthcare business." I suppose part of this is the law of the instrument, which even if not said b ...
What is Medical Price Transparency Worth?
Shopping for medical care, like reducing food waste, or the adage that half of advertising is wastedeven more than 50% is probably wasted due to high abandonment rates and manipulation. See Facebook example of not counting ad views of under 3 seconds., is ...
On Case Studies
I have a case study of a perfect stock trade where I made 3x my money in three years. It had it all: Mr. Market offered a discount relative to growth and earnings power. I had an analytical edge, plus the temperament of a monk. It was also a micro-cap com ...