On February 28, 2013 we posted a blog titled, “The importance of predictability or, just tell us what the rules are.” The themes discussed in that blog remain just as relevant today, despite changes in Congress and the White House. It is difficult to overestimate the importance of being able to plan ahead. Investors in […]
Read MoreIt seems that the financial media is currently consumed with short-term interest rates, persistently and continuously over-analyzing the prospects for even the smallest shift in Federal Reserve Board (FRB) thinking. This is not useful. Investors are likely to be best served by developing, and then sustaining, a long-term investment strategy that suits their specific circumstances. […]
Read MoreMost Americans are not contributing enough to their retirement plans in order to comfortably retire by the age of 65. With the gradual demise of defined benefit pension plans, in favor of defined contribution plans, it is incumbent on individuals to take responsibility for their long-term financial security. However, because the shift to defined contribution […]
Read MoreWikipedia defines logistics as the detailed organization and implementation of a complex organization. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption. We recently discussed the concept of the “last mile”, primarily in the context of the telecommunication industry, (see […]
Read MoreOver the last several decades there has been a sea change in funding for employee pensions. Historically, pensions have been based on defined benefit formulas that provided retirees with a set dollar amount, based on salary, tenure and other factors. Under the defined benefit system, any shortfalls in funding were the responsibility of the employer. […]
Read MoreIn the context of human resources, turnover is the process of replacing a departing employee with a new hire. An organization’s turnover experience is measured as a percentage rate, which is referred to as its turnover rate. Investors should be aware of the turnover rate when considering an investment opportunity. High turnover has often been […]
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