management priorities

The relentless focus on quarterly results in Corporate America is a distortion driven by Wall Street’s expectations game and nearly everyone is compelled to participate for the sake of their own take-home compensation. This goes a long way toward explaining the dearth of daring in the economy these days and the preference for “easy” financial…

Here’s the good news…

Lots of talk about economic “Escape Velocity” these days, and whether or not we’ll actually see it in 2014. We’ve had four annual false starts for escape velocity since 2010 – every spring we look like we’re ready to rock, every summer the estimates are ratcheted back down again. But something in the atmosphere has…

Escape from Disney World!

It’s good to be back in New York after four fun-filled nights at the Waldorf Astoria’s new resort in Disney Orlando, Florida. I was very excited to be getting away from Wall Street-related stuff after ODing on all winter-long, and so it was hilarious to set foot in the hotel only to see that there…