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The thousand-year-old business: Ichiwa, a Japanese shop that sells rice flour cakes, takes the long view, the really long view. By putting tradition and stability over profit and growth, Ichiwa has weathered wars, plagues, natural disasters, the rise and fall of empires — and now a global...

The refugee who went from rags to riches (twice):If you walk into a donut shop in California, chances are it's owned by a Cambodian family. That's because of Ted Ngoy, a refugee who built up an empire, sponsored more than 100 other Cambodian shop owners, and became known as the Donut King ...

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Daily Speculations – Jason Shapiro’s journey Posted on 15 August, 2007 | 4 Comments A long flight gives Jason Shapiro the time to do some thinking about his journey as a trader: I have been involved in investing and trading the global markets for 18 years now. I’ve really never done anything...

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https://nypost.com/2020/12/03/jim-chanos-shrinks-tesla-short-praises-elon-musk/

Ever wanted to be a bank?Well, fintech firm Stripe just released a banking-as-a-service product (Stripe Treasury) that allows its users to create bank accounts fortheircustomers. It’s invite-only right now but does have one big user of note:Shopify.

‘Big Short’ investor Michael Burry Reveals He’s Short Tesla, Tells Elon Musk to Issue More Stock at Its ‘Ridiculous Price’ (Business Insider) The famed investor Michael Burry has revealed that he’s short Tesla and advised CEO Elon Musk to issue more shares while they sit what Burry called their...

“Laws must be general, equal, and certain.” — F.A. Hayek

“Whoever is happy will make others happy too.” - Anne Frank

Brown is not down:UPS is putting shipping limits on certain retailers (Nike, Gap) as the holiday ecommerce surge is getting very real and straining its network.

Delisting law The House has approved legislation, already passed by the Senate in May, that could lead to the eventual delisting of Chinese companies that won't let U.S. regulators review their financial audits (think Alibaba, Baidu and so on.) The bill, which has bipartisan support, now goes...

Facebook suit Facebook is about to become the lucky target of an antitrust lawsuit that will reportedly be lodged by over 40 U.S. states next week. New York is apparently leading the group. The Federal Trade Commission may also be preparing a complaint. With the Justice Department having sued...

“The first and worst of all frauds is to cheat oneself.” - Gamaliel Bailey

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“You may have to fight a battle more than once to win it.” - Margaret Thatcher

Chocolatey aftertaste Big Chocolate's big case at the U.S. Supreme Court, in which Nestlé USA and Cargill argue they aren't responsible for human rights abuses in Ivory Coast cocoa farms, could prove to be a big deal for corporate America. As Fortune's Vivienne Walt writes: "It could have major...

“People grow through experience if they meet life courageously and honestly. This is how character is built.” - Eleanor Roosevelt

"You can't go back and change the beginning, but you can start where you are and change the ending." ~C.S. Lewis

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