Tag Archives: management stupidity

Book Review: C Northcote Parkinson ~ Parkinson’s Law or the pursuit of progress (1957)

This book is one of the most influential books that has been written. Like Catch-22 it has entered the language and the psyche of even those who haven’t read it. Parkinson’s Law is brutally simple. “Work expands so as to … Continue reading

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Gambling on the Stock Market

The valuation of shares is based on four criteria. They are (1) historic performance, (2) current management perofrmance, (3) future prospects, and finally peer group opinion. Henry Ford famously said, “History is bunk.” This disposes of (1). Why is this … Continue reading

Posted in Economics, Humour, Technology | Tagged , , , , , | 3 Comments