If you subscribe to Fortune, you’re likely surprised and excited by the heft of the issue on the biggest 500 firms. It’s a formidable group: $23T in market value, 29 million global employees, and over $1T in profit. With covers to sell, a cursory look focuses on revenue. But man cannot live by revenue alone….
Category: Thought Leadership
Could Healthcare Be Like Lasik?
Lasik is odd in at least two ways. It’s a rare deflationary healthcare category. It’s also awkwardly priced at $2,000 per eye. “Shoes for sale, $50 per shoe.” Could healthcare be more like Lasik, shoppable, and deflationary? There are key differences. There are more options in your city for Lasik than hernia surgeries. Lasik is…
How Americans Save: The Growth of Target-Date Funds
The premise is simple. Set it and forget it. Vanguard and others offer this approach for target-date retirement funds. Of two investing extremes there is an active self-directed retirement account, where you pick individual stocks and strive to have an edge (fewer than 1 in 200 with Vanguard accounts do this), and there’s auto-pilot. Target-date…
Part 2: Can Healthcare Costs Move Stocks?
They say a great way to lose money is to open a restaurant. Costs, pricing pressures, and low barriers to entry tend to eat into your capital. Dad pun intended. Food, rent and labor inflation are stubborn and every extra dollar counts. All costs matter. Some restaurants make it work and build lasting brands with…
Lawson’s Laws
We’re in the season of reading and quoting executives. There’s Amazon’s letter from Jeff Bezos on customer-centricity, Jamie Dimon’s on employees, customers, and better regulations, Buffett’s on the tailwinds of America’s economic machine. Jeff Lawson, CEO and co-founder of Twilio, has his own words to add. His company “enables developers to build, scale and operate…