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,...

Random Thoughts

Random thoughts on the passing scene: Ad for a ski resort: “If swimming is so healthful, why are whales so fat?” Talk about cloning human beings recalls Winston Churchill’s comment about the secrets of the atom, “hitherto mercifully withheld...

The Other Education Crisis

Once a week, 9- and 10-year-old boys at Cleveland Elementary School in Washington, D.C., learn how to be gentlemen. They’re taught to take off their hats when they enter a building. They’re told to open doors for visitors. They learn how to respect each...

The Conservative Left and Tax Cuts

A Fox News liberal-conservative debate the other night was very revealing. The discussion was about tax cuts. The liberal (Mort Kondracke) said that tax cuts “are all about numbers.” The conservative (Fred Barnes) was quick to retort, “It’s not...

The Best Therapy in the World

People ask me all the time how they can develop proper tools of self-confidence. Allow me to save you a few steps. THERE IS NO BETTER TOOL OF SELF CONFIDENCE THAN COMING UP WITH A REALISTIC PLAN OF ACTION AND THEN FOLLOWING THROUGH ON IT, OVER A PERIOD OF MONTHS AND...

The Role of “The Rich”

A recent catalogue from the giant second-hand camera dealer KEH listed a Canon camera made for the Japanese navy during World War II. This model is described as one of only 15 such cameras made and as being still in excellent condition. Its price is $40,000. Most of...