12/5/21

CEO Shoptalk — Germinating Ideas

Suppose you are a CEO/founder of a company that has MVP (minimum viable product) in the rear view mirror and are scaling — “Damn the torpedoes, full speed ahead!”

You will from time to time encounter a “good idea” either of your own origin or a bit of “monkey see, monkey do” which is a vastly underrated idea source.

How do you approach it? You let the idea germinate. [You can stop reading right now. Good day.] Continue reading

12/3/21

Inflation Is NOT A Headfake

It is too late already to unleash any definitive knock out punch against inflation. Damn it, it isn’t TRANSITORY. Stop that nonsense.

“Do not listen to this Big Red Car. Inflation will be 2%. Trust me. OK, maybe 4%. Sorry, PPI is 8.6%, so CPI will be double digit, but it’s TRANSITORY. It’ll come down in 2030 or 2035. I promise. My husband is one of the 17 Nobel economists who says Build Back Bolshevik will cure male pattern baldness. He can’t be wrong.”

It is here; it is deep; it is pervasive; and it isn’t going away any time soon. Continue reading

12/3/21

When The Student Is Ready . . . . .

I get a lot of emails from readers of this blog. I answer all of them. Often when someone asks me a question, I just call them under the theory of, “If it can be dispensed with within two minutes or less, do it now.”

A substantial number of emails are about The Wisdom of the Campfire which is the CEO coaching business I have run for a decade. It does not have a website; I do not market it; I only take referrals, but you can refer yourself if you have that gear.

A common suggestion is that I write more about CEO coaching. This is balanced by a number of other suggestions that suggest I write more/less about politics — nah, but thanks. I try to only write about policy.

There is a writer who demands I write fanciful Army stories. One writer has asked me on a few occasions to thin the herd by dropping out in a very final and forceful sort of way.

CEO coaching is an interesting endeavor. It is based upon a single foundation — is the CEO ready to be coached?

I often say, “When the student is ready, the teacher will appear.”

Board meeting in progress – which one is the CEO/founder? Note the gender diversity, lively engaged debate, and relaxed business casual dress code. 

Continue reading

11/30/21

Threatening The Supreme Court of the United States — Bad Juju

Being a Supreme Court Justice seems like a good gig. Full disclosure: I have never been a Supreme Court though I once met John Roberts in the bar of the Old Edwards Inn in Highlands, NC and chatted with him amiably about local fly fishing. He had two enormous US Marshalls guarding him, both of whom could have started for the Dallas Cowboys. For the record, he sat down next to me and initiated the conversation. Looked lonely with a sunburn.

You are appointed for life, you work in a nice building with great parking and security, they provide you with clerks to write the opinions, you can wear anything you want under your robe, they give you free latte, and they have unlimited M & M’s in the kitchen. [Associate Justice Sotomayer refuses to eat the yellow ones.]

Different set of Supremes than the group that sang, Stop in the Name of Love, Back in My Arms Again, and I Hear a Symphony.

What’s not to like? Continue reading

11/28/21

Moderna — The Efficacy Of Following The Money

If you are expecting an erudite and pithy exposition of my considerable knowledge on COVID (I am a veteran of the ‘Vid) and my extensive wisdom as an Internet immunologist, public health official, medical raconteur, and epidemiologist — you will be disappointed. I am sorry.

Today, I speak only of one company – Moderna.

The Pandemic has been very good to Moderna — this is not a slur or a casting of aspersions of any form whatever. It is simply a reflection of Moderna’s stock price. Continue reading

11/27/21

Understanding Energy Pricing

It is very easy to understand gasoline pricing — you drive up to the pump, study the price of different grades of gasoline, insert your card, and pump your gas.

[The price of gas taken together with the price of groceries makes one as intimately knowledgeable of the state of inflation in America as a Nobel Laureate economist.]

Today, when you fill up it costs about twice what it did when Joe Biden was elected President.

Glendale, California — I have a 24-gallon tank. Do the bloody math. Ouch!

But, what really controls the price of gasoline? Is it crude oil prices? Continue reading

11/26/21

Girl With The Curl — The Future

Imagine this poem by Longfellow spoken in a High Street London English accent, slowly.

 

“Momma, what does ‘horrid’ mean?”

There was a little girl,

            Who had a little curl,

Right in the middle of her forehead.

            When she was good,

            She was very good indeed,

But when she was bad she was . . . . . horrid.

 

Introducing my granddaughter, Eadie Eichholz, a Southern girl of considerable ability from Savannah, Georgia who it is a blessing to know and be related to and is never, ever horrid.

11/22/21

The Worm Has Turned — Employment

The United States, a great country, has about 10.5MM job openings and 7.3MM folks looking for jobs.

This means that employers who want to fill their open positions are ratcheting up their hiring game because this is now a contest in which not everybody can emerge a winner.

So, how do you — wanting to be a winner — do it? Continue reading