Tom SpencerNOTHING exists which is permanent. Your current success is the result of your past efforts and good fortune, and how well you have responded to changing circumstances along the way by seizing new opportunities and avoiding threats. An interesting example of a company that failed to respond to changing times is General Motors. GM was […]
MAINSTREAM economics would have you believe that the purpose of business is to maximise profits. If a business loses money it will soon go bust, this much is clear. Profit is necessary for any ongoing business operation, however the fact that a business makes a profit does not explain the purpose or raison d’être of […]
WARREN Buffett is an American investor born in 1930 in Omaha, Nebraska. Buffett is often referred to as the “Oracle of Omaha” and is the world’s most successful stock market investor. Buffett is the largest shareholder and CEO of Berkshire Hathaway. He has an estimated net worth of around $US45 billion. In 2010, Forbes ranked […]