In my last post, I noted how difficult it is to separate luck from skill in both investment and corporate finance. While I remain leery of stock picking success stories (and believe me when I say I hear dozens each week), I continue to admire successful businesses of all stripes, from the bagel shop in my town that manages to sell out every day to Facebook in the social media world.
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A tide in the affairs of men...
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In my last post, I noted how difficult it is to separate luck from skill in both investment and corporate finance. While I remain leery of stock picking success stories (and believe me when I say I hear dozens each week), I continue to admire successful businesses of all stripes, from the bagel shop in my town that manages to sell out every day to Facebook in the social media world.