This site under reconstruction.
Well, they are here. Last night I was reading an article about a marketing guy saying he had an uncomfortable conversation with his financial planner: he was going to give his business to a robo planner. Some statistics were quoted in the article that the robo planners were costing between .20& to .80% of the…
Within the past week, another drug company has been found to be jacking up prices in a price gouging manner: Valeant Pharmaceuticals International. It is headed up by an ex-McKinseyite – a former consultant, a group marginally better than hedge fund managers. The company’s strategy is to buy up pharmaceuticals instead of investing in R&D….
This gets old – the company that is in or was just in bankruptcy keeps changing its books. Every month my boss does variance analysis against the budget that was created earlier in the year (and not forwarded to the sites that have to manage their money, go figure). I gather the data for her since…
During the week there had been some news articles about Turing Pharmaceuticals and its CEO, Martin Shkreli, jacking up the price of a drug that has been around for at least 60 years, from $13.50 to $750 a pill. The stated reason for doing so: “needed to make a profit”. Um how about: price gouging because…
I’m reading another book called Future Smart by James Canton. It’s about what the future may bring and what you may need to be thinking of doing to prepare. Some of the things he predicts seems very obvious, like predicting that we will all be connected due to the Internet, social media and Internet of…
There was an article in the New York Times about a private equity firm that once again contributes to finance’s bad image. In case you haven’t noticed, I do not have much regards for hedge funds and equity firms; I regard them as being leeches on society. They make too much money for the value…
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