Archive for the 'Companies' Category

BP (Beyond Petroleum)

Friday, October 21st, 2005

That is a good one. BP, a petroleum company wilth billions in reserves, drilling platforms. mineral rights, and retail distribution, advertises itself as

BEYOND PETROLEUM

Can any politically correct nonthinking feel good message exceed this in stupidity?

If BP did not have assets related to petroleum, I would have no interest in it. An experimental […]

General Motors or Protectionism

Friday, April 15th, 2005

Why did the market go down three hundred some points in three days? We have low inflation, low interest rates, relatively low taxes on capital gains and dividends. The highway I drive every day has never has so much construction on the few remaining available lots for commercial development. Lots that have […]

Marquee Board

Tuesday, March 29th, 2005

Today on CNBC Squawk Box they finally said it, putting the highest respected persons on the board of directors of large public corporations may be counterproductive. Most of these people (Marquee names like Colon Powell or Warren Buffett) are much too busy to oversee the management of an additional business enterprise. They probably view […]