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Business Culture and Current Events

Ben Stein Is Out At The NY Times

August 10, 2009 Reading Time: 2 minutes

Ben Stein’s fine work for us as a columnist for Sunday Business had to end, we told him, after we learned that he had become a commercial spokesman for FreeScore, a financial services company.  Ben didn’t understand when he signed…

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The New York Times Profiles BB&T’s Philosopher-Businessman CEO

August 2, 2009 Reading Time: 3 minutes

Over much of the last four decades, John A. Allison IV built BB&T from a local bank in North Carolina into a regional powerhouse that has weathered the economic crisis far better than many of its troubled rivals — largely by avoiding…

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Top Gun FP Client Note: A Secular Bear Market

July 7, 2009 Reading Time: 12 minutes

NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right hand corner of the website. …

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We Know These Women Don’t Eat Carl’s Jr. So What’s With The Ridiculous Ads????

July 1, 2009 Reading Time: 1 minute

Rolling my eyes….. This so reminds me of the Mike Judge’s movie Idiocracy.

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WSJ: Numbers On Welfare See Sharp Increase

June 23, 2009 Reading Time: 1 minute

(Source: “Numbers On Welfare See Sharp Increase” (subscription required), The Wall Street Journal, June 22, A1)

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Malanga: The Social And Economic Effects of the 1970s Inflation

June 16, 2009 Reading Time: 3 minutes

By contrast, we’ve largely forgotten our most recent brush with raging peacetime inflation, the 1970s.  Although nothing like Germany’s in the 1920s, ours was nonetheless powerful enough to be more dispiriting and more transformative of our culture than any stretch…

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USA Today: Seniors Hit Hard By Housing Bust

June 5, 2009 Reading Time: 1 minute

The worst economic crisis since the Great Depression has slashed home values and triggered an unprecedented surge in foreclosures across the nation.  It’s also taking an especially harsh toll on an often overlooked demographic: seniors who are retired or nearly…

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Controversy Regarding NY Times Reporter Edmund Andrews Article And Book

May 24, 2009 Reading Time: 11 minutes

Last Sunday, The New York Times Magazine published a lengthy adaptation from a new book by one of their business reporters: “My Personal Credit Crisis” by Edmund Andrews.  The article generated a lot of attention and commentary but some emerging…

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M.B.A. = Master of Bullshit Administration

May 22, 2009 Reading Time: 9 minutes

What does an M.B.A. do for you that a doctorate in philosophy can’t do better? ……. M.B.A.s have taken obfuscatory jargon—otherwise known as bullshit—to a level that would have made even the Scholastics blanch. – Matthew Stewart, “The Management Myth”,…

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Sac Bee: The economy is down, but the cost of living is going up

May 22, 2009 Reading Time: 1 minute

If you look at the consumer price index, you would think that the cost of living is very low.  Unfortunately, that is not the case.  The cost of living for the average person is going up. – Sung Won Sohn, professor…

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I dropped out of Philosophy graduate school to start Top Gun in 2006 to profit from the bursting of the housing bubble. The stock market peaked in 2007 and Top Gun beat the S&P by more than 50% in 2008... Learn More

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