Jack Welch, the retiring CEO of General Electric, may be the greatest corporate manager of all time. I'm not comparing him to inventors or entrepreneurs who created great things out of nothing, but as a manager who can run a business, develop talent and consistently...
James Glassman
Ambassador Glassman has had a long career in media. He was host of three weekly public-affairs programs, editor-in-chief and co-owner of Roll Call, the congressional newspaper, and publisher of the Atlantic Monthly and the New Republic. For 11 years, he was both an investment and op-ed columnist for the Washington Post.
Learning from the Money Masters
Last week I noted in this space that while many Internet companies have crashed and burned, the Internet itself is soaring to new heights. Some 100 million new users worldwide are coming online each year, e-mail traffic continues to explode, and people and companies...
Where’s The Profit In Biotech?
Larry Ellison, founder and chairman of software giant Oracle, says that he'd go into genetic engineering if he were starting out in business today. Silicon Valley venture capitalist John Doerr may have made a fortune investing in computer and Internet companies, but...
Stock Market: Reasons for Hope and Worry
The date was Dec. 5, 1996. The scene was the ballroom of the Washington Hilton Hotel. The speaker was Alan Greenspan, the chairman of the Federal Reserve Board, keeper of the nation's money. He had been droning on for 45 minutes with an address on the 83-year history...
It’s A Great Day For Investing
The date was Dec. 5, 1996. The scene was the ballroom of the Washington Hilton Hotel. The speaker was Alan Greenspan, the chairman of the Federal Reserve Board, keeper of the nation's money. He had been droning on for 45 minutes with an address on the 83-year history...
Bush Administration Must Say No To Jane And Kyoto
Treasury Secretary Paul O'Neill is fond of telling the story of meeting Jane Fonda a few years ago. While CEO of Alcoa, he was invited to a White House briefing on global warming and found himself seated next to the actress and peace protester. She turned to him and...
‘Defensive’ Stocks in the NASDAQ
When Wall Street analysts talk about defensive stocks, they usually mean providers of food, tobacco, consumer goods -- things that people will buy no matter what the economy is doing. Since this seems to be the season for defensive stocks, you may be looking for...
Bill’s And Larry’s Continued Political Misadventures
Oral arguments in the federal government's antitrust case against Microsoft began last Monday. Anyone reading the two new books about the battle would have to conclude that the case never would have been brought without the political intervention of some powerful...
Chips on the Dips?
You may have heard of the "chips on the dips" investment strategy. The idea is to buy stock in the major semiconductor firms whenever their shares fall more than 50 percent below their previous highs. While the computer-chip business is famously volatile, this...
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