Aerospace machining, CNC machining, titanium castings
Be fearful when others are greedy and greedy when others are fearful. ~ Warren Buffett Ever mindful of the dangers of extrapolating personal experiences to larger trends in the economy, I take care to corroborate my own observations with macroeconomic data. So you can consider doing the same, I’m going to introduce you to a […]
The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine. ~ Nassim Nicholas Taleb In last week’s post, I mentioned economic conditions and a reader asked if I track any macroeconomic indicators to inform my business decisions. Regrettably, while there are plenty of indicators that […]
Only when the tide goes out do you discover who’s been swimming naked. ~ Warren Buffett. Last week I mentioned one of the most important takeaways from Norman Maclean’s book Young Men and Fire is that as leaders it’s crucial we do not allow prior successes to lull us into complacency. Especially when failure can […]
