I have a friend who escaped poverty through his own efforts. Yet after more than a decade of solid earnings, he has saved nothing. Despite running his own business, he remains constantly in debt.  Rather than living modestly, he has developed an insatiable appetite for wealth. He also recently claimed that $2,500 a month, with […]

For years, Nike (NKE) was my default whenever I needed a new pair of tennis shoes.  But recently, I switched to On Cloud (ONON) sneakers on the court, largely because my favorite player, Switzerland’s Roger Federer, endorsed them. Though it’s clearly a small personal decision, it captures a challenge facing the world’s best-known athletic shoe […]

Consumers blame corporations for rising prices, unfair practices, and endless subscription fees. Corporations, meanwhile, exist because consumers keep buying their products and services. So, who is really responsible?  There’s no simple answer to the debate. After all, neither can exist without the other. But when a company has more than 200 million paying members, how […]