Author: VitalyKatsenelson

Jos. A. Bank and the Folly of Quantitative Easing

Jos. A. Bank and the Folly of Quantitative Easing

Jos. A. Bank and the Folly of Quantitative Easing A few years back I wrote an article comparing buy-one-suit-get-three-free sales by Jos. A. Bank to the Federal Reserve’s quantitative easing program. Then Jos. A. Bank’s management did something absolutely brilliant: […]

A Few Simple Rules For Money Managers

Somehow we let the mindless, Henry Ford–assembly-line, 8:00 a.m. to 5:00 p.m., widgets-per-hour mentality dictate how we conduct our business thinking. Though car production benefits from rigid rules, uniforms, automation and strict working hours, in investing — the business of […]