Category Archives: Business
Is Your Wealth Durable?
Durability – in this case, the ability to survive hard times, as the Tuttle Farm demonstrated for over three centuries – is something that should be valued. Yet, it’s not a widespread topic among businesses and investors. Continue reading
Why Grubby Politicians like Joe Biden No Longer Get All the Breaks
Ted Nicholas Peterson – known to friends as “Nick” – was a man of confections. Fudge, to be exact. At age 21, and $96,000 in debt, he started his own confectionery business called, “Peterson’s House of Fudge,” in Wilmington, Delaware. Continue reading
Independence Day in America Circa 2019
In the early 1990s, Steve Rocco, a scrub freestyle skater from Hermosa Beach, delivered an epic haymaker to the corporate skateboard industry. On a shoe string budget, financed with predator loans from a shark named Kirby, Rocco rapidly took down the big three skate companies that, in hindsight, had grown fat and stale. In a classic case of Joseph Schumpeter’s “gale of creative destruction,” he revolutionized the industry and subculture. Continue reading
