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Showing posts from August, 2010

Trader Joe's Business Secret Recipe

Great article on Trader Joe's Business philosophy and history. ( Saw it on Yahoo ) Some take aways from the article: >> Strike a balance between choice and customer experience " Swapping selection for value turns out not to be much of a tradeoff. Customers may think they want variety, but in reality too many options can lead to shopping paralysis. "People are worried they'll regret the choice they made," says Barry Schwartz, a Swarthmore professor and author of The Paradox of Choice. "People don't want to feel they made a mistake." Studies have found that buyers enjoy purchases more if they know the pool of options isn't quite so large. Trader Joe's organic creamy unsalted peanut butter will be more satisfying if there are only nine other peanut butters a shopper might have purchased instead of 39. Having a wide selection may help get customers in the store, but it won't increase the chances they'll buy. Read More  Learn M

CNBC's 10 Best Business Books 2010 Summer

Watch The slide Show on CNBC  - The 10 Best Business Books Multipliers On The Brink Delivering Happiness Blind Descent The Big Short Adventures Among Ants The End of Wall Street The Upside of Irrationality Rework The Boy Who Harnessed The Wind To read more detail review on business books visit Gloria McDonough-Taub CNBC.com blog, "Bullish On Books"

Google at 6 - What do analysts have to say about that

Here in an article in Yahoo Finance via cnbc Remember that old saying from the 1920s retailer, John Wanamaker ? He knew half his ad budget was wasted, now if only he knew which half. Google promised to change all that. Instead of focusing ever harder on its core-providing smarter search results and better-tailored ads for what you're looking for, thereby boosting the only real revenue stream the company has-Google has wanderlust. Goes on to compare it to Sun Microsystem Read More Fools.com evaluate Google Moat and found the following For a company in a constantly evolving industry, Google has a surprisingly sustainable series of competitive advantages over its peers. Read more about the Moats fools.com analyzed (namely Intellectual property rights. Customer switching costs, The network effect, Cost advantages) Mark Hulbert: An exclusive Google birthday party Hulbert Financial Files - MarketWatch Mark Hulbert warns it's a mistake to assume other tech IPOs will see the s

Interesting Books - Zoo Story

Yesterday Thomas French was interviewed on CN about his new book "Zoo Story: Life and Death in the Garden of Captives" (Kindle) Locate a local Independent Store - at IndieBound Reviews: "Inside the zoo, time was not human. Time moved outside human expectations. It did not settle into a single groove," French writes. "Zoo time was fluid, changeable, unpredictable. It unfolded in different rhythms, at variable speeds, calibrated to the heartbeat and breathing patterns and behavior of each species."  Read full Review on USA Today Listen/Read NPR Interview - The 'Zoo Story,' Both Beguiling And Repellent The Colbert Report Mon - Thurs 11:30pm / 10:30c Thomas French www.colbertnation.com Colbert Report Full Episodes 2010 Election Fox News

Updated 2: Warren Buffett - PFE - No?

Did Warren Buffett increase/buy Stake in PFE (Pifzer)? Bloomberg TV reports Yes - Watch Bloomberg to find out more Warren Buffett's Stock Buys - This website provides an interactive list of Warren Buffett's current stock portfolio holdings This Google Spreadsheet Tracks Warren Buffett's Portfolio Read this 1999 Article in Businessweek about Warren Buffett's Investment