Anthony Bourdain, chef, writer and CNN TV host who took CNN viewers "around the world" has died at the age of 61, in an apparent suicide after hanging himself in a Paris hotel room.
Some time ago, president Trump said that his fiscal policy would unlock cash that companies would use for investing in capex and long-term growth. Well, the results from Q1 earnings under the next tax regime are in and share buybacks reached the highest level on record.
"'Crime doesn’t pay'... Actually it does, handsomely. If you are a banker or large financial player, it pays wonderfully. You get filthy rich committing the crimes and after... you continue to get filthy rich. What doesn’t pay is reporting crime..."
I just finished a ten-page quarterly letter to clients and am taking refuge here to write about anything other than stocks. This scribble will be about a topic that I have been thinking about the last six months. I am somewhat embarrassed about it, because it’s a bit “me”-centered, and I am going to go into areas that (I am acutely aware) lie far outside of my circle of competence, but that is how we grow. I promise to write about the stock market, stocks, and the economy in the future. Just not today.
"Once you have a monopoly, new products don't help you, only better marketing. Soon, marketing people are running the company, and what made them great is gone..."
"Nowhere in the essay do we hear the words 'sorry' to the officer that King accused of sexual assault and kidnapping, which resulted in an internet mob harassing the officer and his family."
