No Bondage

Business Proverbs: Day 7 – Dodging Workplace Temptations

2022-04-24T17:24:42-05:00May 7th, 2021|Tags: , , |

While in college, I worked as a night custodian at an elementary school, where I became acquainted with Jim, the daytime custodian. I was surprised to learn Jim had previously built a very successful business and family, until his secretary began flirting with him. He eventually succumbed to the temptation and had an affair. Jim’s wife divorced him and gained ...

Stock Market Populism

2022-05-12T19:10:27-05:00March 1st, 2021|Tags: , , |

In one month’s time, Gamestop’s stock price went from $18 a share to over $340 at its peak. The price soared despite their revenue and profits being in decline. The stock price was driven up by a tribe of online small investors who decided to stand against the large hedge funds. Although Wall Street took notice, long-term, the true value ...

Universal Basic Income Flaws

2020-02-25T23:45:43-06:00February 24th, 2020|Tags: , , |

Universal Basic Income has become a growing topic, due to the fear of jobs being eliminated because of artificial intelligence and robotics. The concept of UBI is to provide everyone a government check each month for a minimum standard of living. A McKinsey Global Institute study, however, discovered that automation will increase employment overall! In my opinion, UBI will disincentivize ...

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