Competition is the driving force that has pushed capitalist economies forward as businessmen and engineers try to produce products that are better or cheaper than ever before. Competition breeds continuous improvement, but consumers ultimately get to decide what they prefer, and sometimes they make curious choices. Take chopsticks for instance. Why do they still exist?...

This is a follow up to a couple of previous blog posts about Wall Street’s unwarranted bearish outlook on GoPro, which you can find in this first post and this second post. I was right about the stock rebound, but it has gone back down again, and I think it is a screaming BUY, so here...

Nobody gives ancient religious leaders or philosophers any credit anymore. They had little in the way of scientific education or knowledge of math and lacked advanced tools that might help them to test their hypotheses, so they did the best they could with what they had. This is to say, they sat around and thought...

Daddy Ball is what many call youth sports where the coaches are also the fathers of one or more of the kids on the team. It is usually described with derision because the coach or coaches are usually claimed or assumed to be playing favorites with their own child. I have a child on a...

April 28th, 2015 UPDATE: GoPro Inc. is scheduled to release its quarterly results today after market close. Analyst estimates still don’t make sense to me. If you add up the projected revenue numbers for the first two quarters of this year, which I even think are low, and subtract them from the annual revenue estimate, GoPro would have to fall...

A 2005 Tax Foundation study on the cost of complying with our incredibly complex tax code estimated that individuals, businesses and nonprofits would spend an estimated 6 billion hours complying with the federal income tax code and an estimated compliance cost of over $265.1 billion. The compliance cost is an estimate based on the time...