Sadly, it's not "news", since several studies in recent years have highlighted US shortcomings in many areas of business and academic accomplishments vs other countries around the globe. His focus, however, on regulation, taxation, litigation and other issues pertaining to starting and succeeding in business in this country, is particularly relevant to our investment process and ultimate asset selections for the portfolio.
How companies maximize operating leverage, by keeping costs controlled and efficiencies robust, is key, as is how they diversify globally to expand market share and seize opportunities in new business frontiers.
Enjoy the read!
p.s.: if you have anything polite to say about the class action suit vs Southwest Airlines, please share....politely please.....
TWEET from WSJ:
It is getting harder to do business in the U.S., argues top historian. Why entrepreneurship has faltered: http://on.wsj.com/13lLMt2
It is getting harder to do business in the U.S., argues top historian. Why entrepreneurship has faltered: on.wsj.com/13lLMt2
— Wall Street Journal (@WSJ) June 9, 2013
(Please note: This article is solely meant to be thought provoking and is not in any way meant to be personal investment advice. Each investor is obligated to opine and decide for themselves as to the appropriateness of anything said in this article to their unique financial profile, risk tolerances and portfolio goals).
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