Stocks Gain Slightly, Despite Stagflation Fears - Wall Street Journal
Posted by: admin in Latest NewsStocks Gain Slightly, Despite Stagflation Fears - Wall Street Journal
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Filed under: Estates
%Gallery-28945% Filed under: Entrepreneurs, Small business
As should be no surprise, his life provides many lessons for budding entrepreneurs. Interestingly enough, his innovations were not necessarily about creating new products. Instead, he was an innovator of finance. Nichols started his career as an accountant and audited the financials for oil companies. Leveraging this experience, he started an oil company in 1941. With sky-high income taxes, Nichols structured innovative financial cars to minimize the bite from Uncle Sam. For example, he was the first to register a public oil & gas drilling fund with the Securities and Exchange Commission. And it was a hit — he attracted massive sums of capital from wealthy individuals (even Hollywood stars like Barbara Stanwick). No doubt, Nichols biggest feat was the creation of Devon. He formed the venture in 1971 with the help of his son, a lawyer. The financial innovation didn’t stop as Nichols developed the so-called royalty fund, which became a standard in the oil industry. It was also a massive spur for growth. After all, Devon is today a $43 billion company. Tom Taulli is the author of various books, including The Complete M&A Handbook
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U.K. Stocks Pare Gains; Energy, Mining Shares Rise, Banks Fall - BloombergPosted by: admin in Latest NewsU.K. Stocks Pare Gains; Energy, Mining Shares Rise, Banks Fall - Bloomberg Stocks fall on inflation - Chicago Tribune Toronto stocks slip 100 points on commodity stocks - Reuters Canada Oil, Retail Sales Push Stocks Lower - MSNBC Consumer woes hit stocks - CNN Money Don’t Buy and Hold Blue-Chip Stocks? - MSN MoneyCentral Stocks Rally As Tech, Financials Rebound - CNBC Stocks fluctuate as investors return to financials - San Diego Union-Tribune Oil and stocks both turn around and head higher - USA Today Stocks fall after disappointing inflation data - Forbes First of all: what’s work? Work is of two kinds: first, altering the position of matter at or near the earth’s surface relatively to other such matter; second, telling other people to do so. The first one is unpleasant and ill paid; the second is pleasant and highly paid. Image by Kalyana Sundaram from sxc.hu What is this trend of calling Baby Boomers “seniors?!” That’s just wrong!
My list of reasons why Baby Boomers are NOT seniors! 1. We are too young. Even though some are certainly now eligible for Social Security, the vast majority of boomers are NOT. Some boomers are still in their 40s and early 50s. Quit lumping all of us together. 2. Our parents are the “Seniors.” Younger boomers would have parents in their late 60s, early 70s; those of us who are older might have parents in their 80s and 90s. They’re the seniors. 3. Some boomers still have kids at home. Younger boomers are very apt to have children in high school, college. That’s not what I would call a “senior” experience. 4. 60 is the new 40. 5. We certainly don’t feel, think, act or look like “seniors.” Consider baby boomers competing as Olympic athletes. Marketers and the media love to give labels to groups. Maybe this isn’t a huge deal to anyone else, but I am exhausted of being labeled as a “senior.” What do you think? Tags: baby boomers, olympic athletes |
John W. Nichols, who is the co-founder of 
and 
. He also operates 
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