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http://www.well.com/user/mp/host.html
Expert witness in nearly all areas of business: finance, marketing, management, compensation, ethics...Author of 11 books on money and commerce
Interests: Licensed Pilot Single Engine Sailor Skier Welder Chinese Martial Arts student Motorcycles
Recent Activity
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I have a moral problem with investment advice. My own moral problem. I have run several multi-million dollar portfolios and always did an exceptionally good job. Well ahead of the market indexes. I have several techniques that work. One is to bet on companies that deliver goods and services that I personally know well and recommend. The other is to... Continue reading
Posted 15 hours ago at Pro Commerce
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Both Apple and Microsoft are trying to get into new markets by buying existing companies. Microsoft tried to get into the cell phone business by buying Nokia’s phone business and adding its own operating system. That failed even after Microsoft started offering the phone with Android. Microsoft is now trying to find a way to connect its dominance inside the... Continue reading
Posted yesterday at Pro Commerce
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This is really about a rotten 1970’s lawyer. San Francisco had a jury trial with many associated indictments over a two year period that was dramatic and a great story. It started for the citizens with an indictment of a well known local Democrat San Francisco Senator, Leland Yee. Yee was well known to all of us as a School... Continue reading
Posted 2 days ago at Pro Commerce
Thanks. I agree with your approach.
Toggle Commented 4 days ago on City of potholes at Pro Commerce
1 reply
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Cybercrime and cyber warfare are regular headlines. But they seldom carry meaning. I don’t think I am a useful commentator on cyber anything, but I’m happy to discuss the subject. I was working with computers in the early 1960’s when a computer got its input from punch cards and programming was focused on wiring boards. I used the IBM 360... Continue reading
Posted 3 days ago at Pro Commerce
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Every time I go over a serious pothole, one that is truly disturbing, I say ‘goddamn the Democrats who run San Francisco’. The potholes are so bad that they weekly get together and form a sinkhole. Am I being unfair? Put simply. The holes in the streets are directly caused by the high wages and retirement benefits paid to the... Continue reading
Posted 4 days ago at Pro Commerce
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I’ve always read historians who point out that Cathedrals were the tallest peaks in older cities because the Churches were the most important institutions. Certainly that still remains true in many places with the mosques and their minarets. Tall buildings filled with legal and financial offices replaced Cathedral towers in much of the world, in the early 20th Century. I... Continue reading
Posted 5 days ago at Pro Commerce
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Someone intelligent picked a Google math and map geek to be the artist in residence at the San Francisco Exploratorium. Thank you both. The fellow, Eric Fischer, used his residency to put together the rental data on San Francisco going back 68 years. What he found was a simple equation: F(rent)= a (.066) -(Vacancy) +(employment total) +(wage level). So, if... Continue reading
Posted 6 days ago at Pro Commerce
I concede, this is a wedge issue for you. I didn't realize how wrong I could be. I have four daughters and seven granddaughters.
Toggle Commented May 24, 2016 on Wedge issue at Pro Commerce
1 reply
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There are a number of museums of science and industry in the U.S. and in the world. I know there is no museum of commerce. Why not? In 200 years, modern commerce has had a greater impact on the world than anything in the past including Genghis Khan. It has raised the global earnings from $3 a day where it... Continue reading
Posted 7 days ago at Pro Commerce
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The definition of ‘wedge issue’ you will find on Google refers to issues raised by candidates or parties to divide the opposition or unify the supporters. Trouble is, it’s the President, Obama, who regularly uses wedge issues. His latest is dramatic, forcing public schools to admit transgenders into bathrooms and locker rooms of their choice. He used the same issue... Continue reading
Posted May 23, 2016 at Pro Commerce
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My friends seldom take me out for Mexican or other Latin food. They know it rarely gets me excited. I love Japanese cuisine, Italian, French, Indian, Chinese and a few others. So I ask myself ‘What is it about Latin food that I find unexciting?” The more general question is what makes a cuisine more interesting? I identify three qualities:... Continue reading
Posted May 22, 2016 at Pro Commerce
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My regular readers will have noticed one frequent commentator on this blog, ‘Old Friend Charlie’. Sometimes his comments are long. Charlie is indeed an old friend from my college days at the University of Chicago. He was a roommate in the off campus apartment we shared on Kimbark near 53rd.. We stayed friends after we were both in the Army,... Continue reading
Posted May 21, 2016 at Pro Commerce
I personally think the market for Groupon is limited, just like the old S&H Green Stamps and the Blue Chip Stamps.
Toggle Commented May 20, 2016 on AOL, Yahoo and Groupon at Pro Commerce
1 reply
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I was thinking about how important the Bill of Rights is in the context of my blog on evil. In a society that puts the utmost significance in the individual and the nuclear family, the nature of evil becomes defined based on threats to the individual. As opposed to tribal and national moral systems one based on individuals would deal... Continue reading
Posted May 20, 2016 at Pro Commerce
Very interesting argument on the video. Well done.
Toggle Commented May 19, 2016 on Peter on women at Pro Commerce
1 reply
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Peter was Peter Sherrill who died nearly twenty years ago. He was a close friend. During his declining last three years I went to his house nearly every Sunday to visit. Peter was my closest intellectual companion and the only one aside from a close friend in Jerusalem (David). You can imagine that must be true. The number of visits... Continue reading
Posted May 19, 2016 at Pro Commerce
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What I have named the ‘Hamilton effect’ is the wide swath of influences that an unusual individual has on the world around him and is not appreciated by historians. The swath of influence is only evident centuries later in the multiple events the person was involved in. I now see Hamilton’s hand in the winning of the American Revolutionary War,... Continue reading
Posted May 18, 2016 at Pro Commerce
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I got a very good formal education. The full Great Books education and liberal arts at the University of Chicago undergraduate school. Ever since then I have paid attention to what I wasn't taught. The first, and for me the most obvious omission, was that I didn’t know anything about the history of the Middle East, India or the vast... Continue reading
Posted May 17, 2016 at Pro Commerce
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There is nothing about me on Wikipedia. That is just as well. I wouldn’t like what they would put up anyway. I have my own auto-bio on my website and it is far too humble to suit my taste. There are two problems with a notation about me on Wikipedia, when there finally is one. Many of my contributions won’t... Continue reading
Posted May 16, 2016 at Pro Commerce
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I’ve looked at many ‘around the house’ environmental issues over many years. I’ve checked on paper vs cloth diapers, various forms of refrigeration and freezing, TV and computer micro currents, turning appliances and computers off at night, and dozens more. Natural gas autos and total electric car chargers. Plastic bags versus paper bags is a biggie for controversy. It is... Continue reading
Posted May 15, 2016 at Pro Commerce
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My readers know who Joseph Schumpeter is. He is the man most well known for noting that commerce is based on ‘creative destruction’. His most famous book is Capitalism, Socialism and Democracy. I haven’t read it in a long time but the most important thing I remember about it was written after ten years of FD Roosevelt's New Deal and... Continue reading
Posted May 14, 2016 at Pro Commerce
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I am not the only one who has commented on the change in the population of San Francisco. I have lived here nearly all my life. My father came from San Francisco, as did my grandfather and my own children were born and grew up here. I hear the same observation from other long time City dwellers. The obvious change... Continue reading
Posted May 12, 2016 at Pro Commerce
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Where are the adults? It is distressing to me to see so many successful entrepreneurs who are donating large amounts to the Democrat Party. I explained the multiple reasons the self made rich act in such a self defeating manner. In a manner that will stifle their own family future and the future of entrepreneurial behavior. Their financial contributions never... Continue reading
Posted May 12, 2016 at Pro Commerce
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If you have worked for any institution that has 100 or more employees you know how wages are structured. Every job fits in a wage classification. Say a manager of 15 or more people might be in range 7 from $70k to $110k per year. Within that classification there are steps determined by length of experience in the job, from... Continue reading
Posted May 11, 2016 at Pro Commerce