Sublime

According to Ivar, by 1932 he had 225 subsidiaries. He had operations in every civilized country except Russia, and he manufactured three-quarters of the world’s matches. Ivar had secured match monopolies in twenty-four countries. During seven years, he had loaned almost 300 million dollars to European governments. Ivar’s loans had helped borrower

business unit leaders;

In 2014, Forbes ranked him as the 134th richest American, at $3.8 billion. One of his hires was Jeff Bezos, who, while researching business opportunities in 1994 for Shaw, got the idea for an online bookstore and left to start a company called Amazon.com. At $30 billion in 2014, Bezos was the fifteenth richest American.

Edward Jones also tailored its value chain to its chosen customer segment, conservative individual investors who wanted a trusted advisor to make financial decisions for them. Trust is built through personal, face-to-face relationships. To that end, Jones invests in conveniently located offices, and lots of them—in small towns, suburbs, and strip m

No one person had the full picture of the puzzle Sam had made out of money. Ramnik likely had the clearest view of it, but even his view was partial. Inside of three years, Sam would deploy roughly $5 billion on a portfolio of three hundred separate investments—which worked out to a new investment decision roughly every three days. If Sam spent onl

Quand nous avons acheté la filiale européenne du numéro un mondial des centres commerciaux, « Simon Mall », le milliardaire David Simon m’avait expliqué que l’Europe était une zone impénétrable : en dix ans, il n’avait rien pu acheter ni ouvrir de significatif en France. Il nous remettait les clés de ses projets français, pour la plupart échoués de

Determined to protect his newfound wealth, Berlekamp bought top-rated municipal bonds, but a rumor in the spring of 1986 that Congress might remove the tax-free status of those investments crushed their value. Congress never acted, but the experience taught Berlekamp that investors sometimes act irrationally.

“The Power of Personal Service.”