Category Archives: Financial Management

Barnes & Noble Is Killing Itself

"I’ve been chronicling the slow demise of B&N for years now, watching the company bleed out, drop by drop, until it has become a shell of its former value. B&N was a cultural center in places without cultural centers. It was a stopover on rainy days in New York, Chicago, and Cleveland and it was […]

10 Traits Rich People Share

"You must give up so much in the pursuit of success. So, why would anyone pursue success? Because success is worth the sacrifice," writes Thomas C. Corley (photo, left). "In my Rich Habits Study , I interviewed 233 wealthy individuals (177 of whom were self-made millionaires) with at least $160,000 in annual gross income and $3.2 million […]

The Easy Steps to Take to Get Out of Debt

"Getting out of debt can feel overwhelming. The first step is to organize yourself so that you can plan out exactly how to get yourself to financial stability. Lauren Lyons Cole [photo, left], a certified financial planner and senior editor at Business Insider, explains the first steps you should take to attack your debt. Following […]

Warren Buffett’s 4-Word Secret to Business Success

From Warren Buffett's annual shareholder letter, here's a gem: “Buy commodities, sell brands” has long been a formula for business success. It has produced enormous and sustained profits for Coca-Cola since 1886 and Wrigley since 1891. On a smaller scale, we have enjoyed good fortune with this approach at See’s Candy since we purchased it […]