If being the biggest company was a guarantee of success, we'd all be using IBM computers and driving GM cars.

The fact that industries wax and wane is a reality of any economic system that wants to remain dynamic and responsive to people's changing tastes.

Of course, politicians always say they're just describing their opponents' positions, even if they are in fact offering absurd caricatures, if not outright lies.

Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression.

The problem is that groups are only smart when the people in them are as independent as possible. This is the paradox of the wisdom of crowds.

Sometimes you have to destroy your business in order to save it.

Art collecting has traditionally been the domain of wealthy individuals in search of rewards beyond the purely financial.