Category: Decision Making

It Is Time To Think About Your 2014 Budget.


Benjamin Franklin understood the purpose of budgeting.  Focus on the important, but notice the trivia.  “Beware of little expenses; a small leak will sink a great ship.” Budgeting is like packing the car for a long trip.  Some things need to go in the… Continue Reading “It Is Time To Think About Your 2014 Budget.”

Is Participating In Sports Valuable?


Recent problems in the NFL have started people to talking about the value of football in particular and of sports in general.  Do you believe you should involve yourself and your children in sports of any kind?  In North America, the answer is clearly… Continue Reading “Is Participating In Sports Valuable?”

Too Small To Fail


Wise man and wise guy do not mean the same thing.  Similarly, too big to fail has a specific meaning and it is not merely scale different from too small to fail.  When selecting goals, choosing tactics and implementing your choices you need to… Continue Reading “Too Small To Fail”

Desenrascanço


Assuming you are not Portuguese, you probably do not know this word.  There is no precise translation into English because it expresses an idea as opposed to something simple.  The closest English equivalent is MacGyver. For those of us who remember the TV series… Continue Reading “Desenrascanço”

Decisions, Decisions


What are the ingredients for a good decision? How does someone combine them? I suppose we would need to know what a good decision is before going further. Perhaps it is durable, or immediately solves a problem, or makes money, or achieves support from… Continue Reading “Decisions, Decisions”

Common Sense Investing


Investing is a difficult bit of work for most people. There are a huge number of variables some of which don’t matter all the time. Sometimes the most trivial connection results in massive change. Anticipating everything is impossible and properly weighing everything you do… Continue Reading “Common Sense Investing”

Complex Project Lessons From Obamacare


I have been intrigued by the inept rollout of health insurance registrations in the United States.  I lack the skill to decide whether or not it is repairable or needs a new model, but I think there are lessons for us all. Lesson 1. … Continue Reading “Complex Project Lessons From Obamacare”

Life Works Differently Than You Suspect


I suppose the ability to think big could be an acquired skill. There are people who have not yet begun to behave that way. Here are two of them. J.S.G. Boggs is an American artist who paints life size, one-sided currency. He then exchanges… Continue Reading “Life Works Differently Than You Suspect”

Planning To Go To The Moon


After proposing the rough idea to congress in May, 1961, on 12 September 1962 while visiting Rice University, John F. Kennedy said, “We choose to go to the moon. We choose to go to the moon in this decade and do the other things, not… Continue Reading “Planning To Go To The Moon”

Succession Planning. Are You Ready?


There is a very good article on tax planning for succession in the Financial Post 17 October 2013. Its headline is “All in the Timing” If you are in Canada, and may in the future dispose of your business interests, it is worth the… Continue Reading “Succession Planning. Are You Ready?”

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