Author: Lloyd Graff

The Chicago Cubs have two superb leaders, Anthony Rizzo, who is a contender for National League Most Valuable Player, and Jon Lester, whose 15-4 record makes him a solid possibility for the Cy Young award. Both men are terrific team players and lead by example, but they share another attribute that sets them apart from their peers. Both are cancer survivors, diagnosed while playing, taking a year off for chemotherapy, and coming back to play much better than before being diagnosed. They share something else. Both give of their time, notoriety and money to support cancer research and patients. Rizzo…

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About two months ago I finally accepted that I was in a prolonged funk. I was not profoundly depressed. I could laugh and have fun. I wasn’t hopelessly bogged down, but I was mentally and physically sluggish. Television was my primary recreation. I looked forward to weekends, yet I barely got out of the house. Exercise was a chore. Many mornings I dreaded leaving for work. My interest in intimacy was a memory. I often woke up at 3:00 a.m. wallowing in a soup of futility. I relied on my wife Risa more than I wanted to just get through. I…

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I like baseball. I’m not one of those folks who keep box scores or who can tell you offhand a pitcher’s earned run average, but I enjoy the subtleties of the game and the tension that builds in the park in the bottom of the ninth with the winning run at the plate. If only I could watch it from my $39 seats! My complaint isn’t about the sight lines or an obstructed view. I usually score lower deck seats just outside the first base line that provide a great view of the infield and the action at first. But…

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IMTS is coming in a couple of weeks, so it is a good time to assess where the industry is right now. It is apparent in retrospect that $100 oil was a bubble. It enabled a fracking boom in the United States and an oil sands boom in Alberta. Both have crashed and deflated, giving the machine tool industry a mega migraine. Oil has rebounded from a low of $33 a barrel to almost $50 now. But the competition for market share between Saudi Arabia and Iran, two of the few producers who have extra capacity and can afford to…

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It’s back to school week in my neighborhood, which means later meals and parents waiting in our living room. My wife Risa will be practicing her profession in our home. She is an Educational Therapist, helping kids develop optimal learning skills and self-sufficiency in their educational careers. Risa has been developing her own skills in this profession for over 40 years, though she looks no older than 40 to me. Because she teaches outside of the school systems she has the freedom to develop her own unique teaching techniques and style. She likes to play educational board games with her…

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Lloyd is on vacation this week. Below is one of his favorite summer blogs he wanted to share with you again. It was originally published in August 2015. Summer jobs for younger people used to be common and highly desirable. Twenty years ago almost two thirds of high school kids found paid summer work. Today the statistics say only one out of three hold summer jobs. Many factors have contributed to this fading away of summer employment. Unions are blamed for vetoing non-union hires in some plants and offices. Minimum wage increases make summer hires less attractive because employers have to pay…

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I just listened to a fantastic story on the National Public Radio podcast, Invisibilia. The episode began with a story about a group of friends sitting outside in the backyard having dinner and drinking wine on a beautiful night. All of a sudden a man broke into the yard, pointed a gun at them and demanded money. Unfortunately, none of the people at the dinner party had any money on them so they all began pleading with the man to spare their lives. After a while one of the women asked the burglar if he wanted a glass of wine.…

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Damon Carson likes to tell stories about the goods he sells. He takes the discards of industry and government and reframes them as wonderfully useful products for those clever enough to realize their true value to them. Damon calls his firm, “Repurposed Materials,” differentiating himself from scrap dealers and recyclers. He defines his company’s mission as taking products which still have value “as is” and finding that unrelated buyer who will buy them to use for a different purpose. He has a deftly written email newsletter that he sends to 150,000 of his nearest and dearest. He claims a 20%…

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I am all into the concept of self-driving cars. That does not mean I am ready to be a pioneer and buy one of the early iterations like the Tesla Model S with Autopilot, but I am a totally engaged fan of Elon Musk as he gambles on the sexiest new technology in his cars. The inevitable happened on May 7. Joshua Brown, one of those risk-taking kind of guys who always wants the newest and hottest technology, put his Model S on Autopilot at 74 miles per hour next to a semi with a white trailer on a cloudless…

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Dave Dolan runs one of the biggest screw machine operations in North America, KKSP Precision Products of Glendale Heights, IL. The company started in the 1960s with a couple of Davenports and a founder possessing great skill and ambition. I sold him some of his first machines. He sold out long ago when the name was still K&K Screw, but the company is true to its roots, even with 460 machines in the U.S. and Mexico. It is still pounding out parts on Davenports and Acmes, about $55 million worth a year now, cutting 28 million pounds of brass and…

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