Posts filed under “Philosophy”

What Are The Cult Firms of Today?

 

 

The other day, I got into a Twitter discussion with Joe Weisenthal and others on the hedge fund Bridgewater. A WSJ article had described Ray Dalio’s shop as “Cult-like.”

All of which raised the following question: What are the Cult firms of today? What modern day companies, public or otherwise, have qualities similar to cults?

Here is the short list put together on Twitter:

Goldman Sachs

Whole Foods

Starbucks

Five Thirty Eight

Zappos

Microsoft (in the 80s & 1990s);

Apple (in the 1990s and today)

Enron

Wal-Mart (cause of that cheer thing at corp meetings )

Ross Perot with EDS!

Herbalife

Facebook’s (See Zuckerberg’s letter in the S-1)

Berkshire Hathaway

That list is far from complete. Some of these firms have cult-like characteristics amongst their customers but not their own corporate culture.

Which raises the question: What are the cult stocks of today? What companies are managed and run with a specific and unique culture that makes them see cultish?

What say ye?

Category: Corporate Management, Philosophy, Psychology

The Values of Science

Robert Krulwich’s commencement speech at California Institute of Technology gets at the heart of what Radiolab does.

From RadioLab

Category: Philosophy, Science, Video, Weekend

Infoposter: History of Economic Thought

Full size infographic after the jump
econ history

 
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Category: Digital Media, Economy, Media, Philosophy

My Unusual Career Path in Finance

I have been working in finance for two decades. Along with achieving whatever success and (internet) fame comes regular inquiries from the young’uns seeking advice on how to break into the field. On occasion, I have shared whatever small insights I might have with them. Along those lines, Tom Brakke of the blog The Research…Read More

Category: Apprenticed Investor, Markets, Philosophy

Keynes for Kids

click for interactive graphic Source: Keynes for Kids

Category: Economy, Philosophy

Piketty vs John Stuart Mill’s Marketplace of Ideas

Source: Amazon Any reader of this site has likely heard about the book currently setting the world of economics aflame. “Capital in the Twenty-First Century” was written by a French economist named Thomas Piketty. It is on the New York Times best-seller list and is currently sold out, with its publisher scrambling to print more…Read More

Category: Books, Philosophy, Really, really bad calls, UnGuru

The Ideological Middle Is Dead in Congress

Source: The Fix

Category: Digital Media, Philosophy, Politics

The Counter-Factual & the Fed’s QE

    “The weak recovery is proof that the Federal Reserve’s program of quantitative easement does not work.”   You do not understand the Counter-Factual. That is the only conclusion I can draw from what the very common criticism of the Federal Reserve policies of ZIRP and QE (above), and its inherent analytical error. The…Read More

Category: Federal Reserve, Philosophy

What You Learn When You’re 60

Death is not distant, it’s inevitable, and ever-closer. No one knows anything. Confidence is a front. Everybody is insecure. No one cares about your SAT scores unless they aced the test. We’re all lonely looking to be connected. You’ll regret choices earlier in your life, but you’ll accept them. You’ll want the decade back when…Read More

Category: Philosophy, Think Tank

The Joy and Freedom of Working Until Death

“This spending of the best part of one’s life earning money in order to enjoy a questionable liberty during the least valuable part of it reminds me of the Englishman who went to India to make a fortune first, in order that he might return to England and live the life of a poet.” ~…Read More

Category: Philosophy