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Archive for December 8th, 2008

The Shortest Day

Andy Spero | December 8, 2008 | 0 Comment(s) |

Everybody knows that the shortest day is the first day of winter, which is usually December 21 in the Northern Hemisphere.  (Sorry readers from down-under, but we’re rather geocentric that way.)

So, does the shortest day have the latest sunrise and the earliest sunset?  Is there a symmetry between dawn and dusk?

Perhaps you’ve never considered it, but one can find sunrise and sunset times for many cities around the world at http://www.timeanddate.com and probably other sites, too.

When we have more time, we’ll write about how the earth’s axis,… Read the rest

Early Warnings of Excessive Leverage

Andy Spero | December 8, 2008 | 0 Comment(s) |

We were searching our hard drive for a paper, and found a very interesting article that we had saved about the perils of excessive leverage.  It is As Funds Leverage Up, Fears of Reckoning Rise from the April 30, 2007, edition of The Wall Street Journal.  It is subtitled: Fed and SEC Question Wall Street on Policies; ‘A Mockery’ of Margin.

We’re not sure if an article from the Spring of 2007 is truly an early warning per our title, but “Warnings of Excessive Leverage”… Read the rest

Auto-makers and Management Fads

Andy Spero | December 8, 2008 | 0 Comment(s) |

In the thirty-five years since the first “energy crisis,” have Chrysler, Ford, or GM avoided a single management fad?

Have their collective managements through the years embraced of any single fad that led to sustainable improvements anywhere?

Now, it is true that many fads–and we are using that word pejoratively–contain useful recommendations and are consistent with effective and efficient management.  However, that’s only if such policies and techniques are thoughtfully applied to one’s particularly organization and situation, and that is a big, bold IF. 

Spending vast amounts of time and energy trying to… Read the rest