B&O | Nostalgia, strategy, capital markets, and the lack of value in a partially correct thesis

There is an idea that the value of a brand is measured in the extent to which the consumer associates a relationship with the product or service. There are some distinctly Northern European brands that I feel like I have a relationship with, including Royal Copenhagen, Skovby, Georg Jensen, and Bang & Olufsen (B&O). Notably …

Insurance brokers and agencies | Thoughts on market structure…

I started working in the insurance business in 1998. I was a twenty year old student at Penn State University, where I studied economics and business administration, and I attended a career fair seeking a “real life experience”. I spent the prior summertime working as a licensed real estate agent in Bethlehem, PA and felt …

Of course nations are not businesses, but… (ii) | Fed balance sheet changes over time

In thinking about the can of worms I opened about this topic, I started jotting notes on directions I might take next. There are so many possilbities. As a matter of inquiry, I found and perused an old copy of Keynes’ General Theory, looked at old international finance lecture notes from Professor Stanley Zin, and …