The Efficient Frontier

We all want to live on the...
Efficient Frontier
For portfolios of different combinations of assets, those along the Efficient Frontier offer the lowest amount of risk for a given level of return.


Customerocracy idea of the day...
10-Foot Rule: "I promise that whenever I come within 10 feet of a customer, I will look him in the eye, greet him, and ask if I can help him."

Brought to you by Wal-Mart

The real world is complicated. The goal of theory is to discover what kinds of information we should attempt to get ahold of in the real world so we can come closer to formalizing our real world decisions.

Boiling the Ocean

To create value...
If you're different, you'll be missed.


Don't try to boil the ocean.
Out of the vast amounts of information and data available in the world, figure out what's important and focus on it.


Rockstar Business Ideas (RBI) of the day...
10-Minute Rule: Open 10 minutes early and close 10 minutes late.
Kill the Stupid Rule: Employees who suggest an alternative to a stupid rule are rewarded with $50.

Brought to you by Commerce Bank.

Schmuck Insurance

To get a deal done...
Simplicity sells. Complexity kills.


Best-named business concept of the day...
Schmuck Insurance:
When buying a company, you agree to pay the seller more money if you turn around and flip the company for a higher price, which would then make the seller look like a schmuck for selling at the original price.

In an efficient market, every asset is owned by the company that can operate it most profitably.
Everything has its rightful owner: the company that can make the most of it. If that's not you, sell it. You'll make more by selling it than by owning it.