If you study the root causes of business disasters, over and over you’ll find a predisposition toward endeavors that offer immediate gratification.

At the same time, though, don’t do the opposite and think ahead too far in the future. You will change, the world will chan...

• Fast food consumption can be used as an index to measure consumer behaviour and market changes.
• The Pizza Principle, first noticed in New York City in the 80s, revealed that the cost of a subway ride and a slice of pizza remained the same ...

What are the companies worth? Eventually, this is what it comes down to. It’s not enough to buy a share in a good idea, or even a good business. You must buy it at a reasonable (or, hopefully, a bargain) price.

• You can’t make a career out of buying from forced sellers and selling to fo...