My interviews with Howard Marks, Chairman of Oaktree Capital, and famed for his “Chairman’s Memos,” were instructive.1 The first time he mentioned his good fortune, I pushed back, asking, “What about intelligence, hard work, and perseverance?” His answer: “Everybody in my MBA class at the University of Chicago was very smart and very hard working. […]
Using naltrexone to cut back on drinking isn’t new, says Sarah Wakeman, a senior medical director for substance use disorder at Mass General Brigham. The approach dates back to the 1980s with the Sinclair method, which pairs drinking with naltrexone to blunt alcohol’s pleasurable effects. In parts of Europe, Wakeman adds, people have long used […]
More food for thought (but only if you can read and think): In a new essay for The Chronicle Higher Education, university-level literature and writing instructor Tyler Jagt recalls how not a single one of his students could get through an assigned 20-page article, something that he had read “without complaint” as an undergraduate a […]
Abstract from the study Home alone: Remote work, isolation, and mental health – Science 4 Jun 2026 Vol 392, Issue 6802 https://www.science.org/doi/10.1126/science.aec7671 How does remote work affect isolation and mental health? We drew on five nationally representative surveys of American workers (N = 588,322) conducted from 2011 to 2024, omitting the peak pandemic years of […]
Michael Girdley on private equity: The lesson is pretty straightforward. You’re going to go buy a business, and you’re going to look and say, “Where can I cut costs? How can I start to optimize and streamline this?” You can cut fat, but you definitely don’t want to cut muscle, and you don’t want to […]
Ut oh, I just canceled our subscribe and save delivery for this month. I think I better add it back on while it’s still available. Must keep Lily Rose happy.
Here’s my favorite supply chain shortage story. My brother in law down in TX can’t find his favorite peanut butter and cracker brand. My local grocery store has a slim but steady supply. So far, I’ve stocked up eight boxes for him. We are moving back to the barter economy.
That is so true! So what is he stockpiling for you?
Not stockpiling but serving as a source for Baker’s German Chocolate for the classic cake of the same name. The Boss wanted to make this cake but none of these baking bars were on the shelves. I stopped searching after the third store. In TX we found plenty in stock at a store close to our brother in law. I had refused to allow the purchase of a DOZEN from Amazon (because I personally don’t need 12 German Chocolate cakes over the next year. So in the future assuming the stores by us don’t have this chocolate, we have a source.
I re-ordered the cat food.
Tell Lily Rose the good news!