My checkered performance during l’Affaire de la Limousine had apparently put me in the Copperweld-Imetal doghouse, because I received no more assignments on that matter for a long time. read more »

As I entered the huge corner suite occupied by the head of the litigation group I strolled by his secretary’s desk saying, “I assume he’s expecting me.” read more »

I had passed the bar exam and was working for a very large law firm in Pittsburgh. I was still so new I would get lost on my way to the men’s room. read more »

The Sharpe ratio is oversold. William F. Sharpe

If the Sharpe ratio didn’t exist, I swear the financial industry would have to shut down. Originally developed by William F. Sharpe in the 1960s – he called it the “reward-to-variability ratio” – Sharpe first described the ratio in a paper published in the Journal of Business in 1966. read more »

The founding of the People’s Republic of China marked the end of the humiliation and misery the country has suffered. Chinese President Xi Jinping read more »

To enjoy peace, citizens must be ready for war. Plato, The Laws, 4^th century BC read more »

If someone is victorious in battle and succeeds in attack but does not exploit the achievement, it is disastrous. Sun Tzu, The Art of War, Chapter 12 read more »

There is nothing more difficult than military combat. Sun Tzu, The Art of War, Chapter 7 read more »

One who excels at sending forth the unorthodox [army] is as inexhaustible as heaven. Sun Tzu, The Art of War, Chapter 5 read more »

Happy New Year!

After all the stupidity, all the lies, all the inflated body counts, all the unnecessary deaths, in spite of it all, by 1968 an American victory in Vietnam was within easy grasp. Even Westmoreland could have managed it. read more »