One of the cardinal sins of any business is to flood the market with too much of its product at the same time, and therefore compete against itself. That's the primary fact...
In 1998, Bill Gates was the world's richest man and Microsoft was the dominant company. When Gates was asked what competitive challenge he feared the most, he responded:
I f...
Don't put your eggs in one basket.
Boeing and Airbus fly very differently in the cockpit. It's good to maintain a mix of separate expertise in a mixed fleet. SIA has always ...
Funny, but the label "Trickle down economics" is a slur intended to make supply side sound bad. Its not just a slur, but a strawman. These are the images which opponents of...
I am a waiter in a five star restaurant in UK. A three course meal costs 50 pounds. Most guests finish their plates clean, some ask for extra bread, olive oil or butter. I ...
In 2005, Michael Burry, a former physician turned hedge fund manager, was running a private fund called Scion Capital. He had posted consistently high returns, even when ot...
There is a limit to what you can do with a fleet consisting solely of A380s and B777s. All their competition have smaller, more economical aircraft that allow them to fly m...
Most Westerners eat long grain rice (Indica, pictured right). Long grain rice is drier. Most of the time it must be cooked like stir-fried rice with another ingredients or ...
This is a tremendous question!
No, incredible selfishness is not a hallmark of all F1 champions, but it is the hallmark of all the greats, and probably the hallmark of all t...
No. A CPU retains the same ability to process data from the day it was made until the day it ceases to operate or is permanently deactivated.
What happens is that the requir...
The profit in a donut shop is no longer in the donuts. Donuts are a perishable item, so if you prepare a large variety, you'll end up with waste at the end of the day. No o...
It is not poverty that needs an explanation. For most of human history, misery is what prevailed for the vast majority of people in the vast majority of places. It is only ...
No, but it reminds me of a story I heard early in my career, in the mid seventies.
The NASA space program had an individual responsible for calculating the payload weight; a...
Let me introduce you to this person:
His name is Bhopal Singh Ranawat.
Bhopal Singh Ranawat was retired from his services of forest guard from a village near Udaipur.
He recei...
Here are some sneaky restaurant menu tricks that try to talk you into spending more money.
They don't use dollar signs -When you see dollar signs, you think of money. They d...
When we say stand up to someone, usually that someone bullying or take advantage of another person that is in a weaker position, and find the need of group support to deter...
I'll answer based on my knowledge and experience (worked at GS, MS, JPM) of the industry, and past experiences from people I look up to..
Depending on your definition of "st...
"The stronger man is always right."
Adolf Hitler said that.
That quote could have easily come from a senior manager in many Fortune 500 companies.
Large companies fail when le...
British used to run gas chambers in my city of Rawalpindi, Pakistan. They used to test mustard gas on "Indian soldiers". In this context "Indian" means British Raj that was...
