Latest Insights on TURN
America Takes Lead in Oil, Producing More Oil with Less Wells
November 16, 2018 Commodities, Oil
If you don’t know the Law of the Vital Few, you should. Also known as the 80/20 rule, it states that 80% of an effect comes from 20% of the causes. Managers are very familiar with this law. Their top few workers deliver the lion’s share of results. Economists point to the fact that a […] The Best Companies Are Companies With Cash
November 15, 2018 Investing
We are wading through another earnings season. It’s the prime time for companies to open their books and reveal what’s going on with their numbers. A kind of open wide and say “Ah!” moment. Of course, every financial news agency is focused on the company’s earnings per share and their revenue for that 90-day period. […] The Upcoming Recession Means the Bear Market Started
November 15, 2018 U.S. Economy
You might remember the last recession. Unemployment jumped from 4.8% to 10%. The S&P 500 Index dropped more than 55%. It sent such a shockwave through the business world that it was given the moniker of “Great,” though it certainly didn’t feel so great when it was happening. That recession officially ended in June 2009. […] The Perfect Storm: Amazon’s Antitrust Troubles
November 14, 2018 Government & Politics
Try as it might to continue its success, Amazon has a huge, distracting problem on the horizon — government antitrust action. 100 Years Later, Don’t Forget the Real Heroes of War
November 13, 2018 Government & Politics
Things were different in those days. American politicians were willing to question their military commanders … a far cry from the deference shown today.