Traders And Builders

The ancient world had a lot of inefficiency with infrastructure.  Transportation and communications allowed for merchants to fill the gap between buyers and sellers.  They were traders.  Goods were purchased, transported and resold.  The margins represented the extra value in acquisition and delivery of goods. The industrial age had newer efficiencies.  However, traders prevailed.  TradersContinue reading “Traders And Builders”

Defending Mediocrity

Customers today ignore boring products. Old brands which do not inspire passion or luster are not guaranteed to be around, for customers increasingly value what is novel and stands out rather than what was promoted to be safe, common, and routine. Many of the institutions we see (yours may be one of them) are intrinsicallyContinue reading “Defending Mediocrity”