Many retailers now offer extended service plans or warranties for an additional cost, covering you in the event that your laptop or phone or major appliances goes kaput sooner or later. But is it worth the extra cost? Statistically, the answer is probably “no” for most items.
“From a purely economic standpoint,” says Rajiv Sinha, marketing professor at Arizona State University, “It usually doesn’t make sense to buy an extended warranty.”
But there are times and circumstances where you may feel better protecting ... Continue Reading →
On July 5, 1845, a young writer named Henry David Thoreau moved from his comfortable existence in Concord, Massachusetts to a simple patch of forest on Walden Pond. In exchange for his work clearing the land and other chores, Thoreau was allowed to occupy the plot and build his own house.
He did just that, constructing a simple 10’ by 15’ English-style cottage, decorated with only a bed, a table, a small desk and lamp for writing at night, and three ... Continue Reading →
In part one of this blog, we explored fun, interesting, and downright bizarre facts about the fabled Walt Disney Company – the most magical business on earth. Now, we’ll document the strange, mythical, and dark side of the Walt Disney Company.
Walt Disney: the man, the myth.
As a young man, Walt Disney was fired by a newspaper editor because he “lacked imagination and had no good ideas.”
Walt Disney passed away after succumbing to lung cancer on December 15, 1966.
An urban rumor ... Continue Reading →
Netflix is taking over the entertainment world, upsetting the apple cart of network and then cable TV that’s been as entrenched and slow moving as a glacier over the last 60 years. In case you’ve been living under a rock for the last decade, Netflix is a media content service that allows customers to watch what they want, when they want, by streaming online. Customers can watch movies, documentaries, TV shows, and original content, as many times as they want ... Continue Reading →
The U.S. Justice Department announced last week that five of the largest banks in the world will plead guilty to felony charges that they joined forces to manipulate global financial markets. Following a multi-year investigation into their activities that led up to and during the financial crisis and crash of 2008, these banks will be fined nearly $5.8 billion in total as part of the federal plea agreement.
But what these disgraced CEOs – and soon to be convicted felons – ... Continue Reading →