The best vision is insight.

At the heart of any good business is a chief executive officer with one.

In all the thrashing about that results from our dwindling gold reserves, it's about time that this country and other countries get some perspective on the situation. The day this country is out of the stuff, that day gold becomes what it's worth as a metal and no longer will have much significance as a monetary measurement. It isn't the gold we have that makes this nation rich. It's what we make, our knowhow, our productivity. So long as this country produces more and better, the world will continue to want what we make.

What about the poor salesman who is calling into the office from the corner saloon instead of the home sickbed he claims he is in?

It is a damned sight easier to start wars than to end them. This truth has been stated for as long and as often as it has been ignored. High time and thank God, we are at least moving toward de-escalation in Vietnam. The road to extrication will be long, painful, bitter. But it must be trod. We are so bogged down in Vietnam that we cannot respond effectively anywhere else in the world to a military power play except through atomic bombardment.

Speaking of birthdays, our firstborn [recently turned 2]. As parents sometimes fondly do, we reminisced a bit about his early days on earth-the excitement, the wonder, the fears when we brought him home. His every squeak or squawk we were sure heralded some terrible crisis; I tested the warmth of formulas from dusk to dawn, it seemed. We were so germ-conscious my wife even sterilized the skin of the oranges before squeezing them. How firstborns ever survive their parents' attentions is beyond me. However, they do, and he did, and, in spite of our efforts, he turned out to be quite a good guy.

It is unfortunate we can't buy many business executives for what they are worth and sell them for what they think they are worth.