He Bought the Shop He Worked For, Federico Veneziano (Part II)-EP 260
Federico Veneziano didn’t just buy the machine shop he worked for — he became the sole owner of a 70-year-old company and then changed its name, culture, and direction. When Federico bought American Micro three years ago, there were over 25 shareholders. Now there’s one. The company had 86 employees.
It’s Tough to be the King
Jeff Immelt, head of General Electric Corporation, is getting the boot as head of the company. Travis Kalanick is being asked to step aside as
The “What if” Question
I have spent my entire business life identifying price anomalies and taking advantage of them to make money. “Buy low, sell high” is my secular
Tools of Justice
It’s the American Horatio Alger story. Invent the next Xerox machine and get rich. Or get screwed. Dan Brown was a smart Irish kid from
47 Years
Today is my 47th wedding anniversary. “So what?” you may say. But if you have some curiosity about the marriage of a blogging trader in
Feeling Steady?
I talk to clients in the machining business almost every day. I often ask the perfunctory question, “How’s business?” and I usually get the perfunctory
Grecian Earn
I’ve probably been complicit in tax fraud. Certainly not illegally; I’ve always paid Uncle Sam every dollar he says he’s owed. Where I suspect I