Some Common Cents for October 21st, 2016

October 24, 2016, by John Norris

This past Sunday, my wife and I drank coffee and watched the morning news programs. At some point, the noise from the TV, histrionics actually, became ambient. To be sure, I am certain the commentators thought they were being terribly insightful, but I didn’t think so. It was so much Newspeak, a la 1984, to me, and I ultimately tuned it out. Perhaps there was something subliminal happening, because a feeling on unease came over...

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Some Common Cents for October 7th, 2016

October 11, 2016, by John Norris

The American public goes through the same spectacle every four years; actually, some would argue it is every two years. Suffice it to say, we go through it a lot. ‘It’ meaning campaign promises and ranting & raving about how the ‘other party’ is wrong or evil. This year seems to be just like every other election year, but on anabolic steroids. Personally, I don’t think either party is mean spirited or wants to destroy...

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Some Common Cents for September 16th, 2016

September 16, 2016, by John Norris

Last Friday afternoon, I made a 3.5 hour long economic presentation to a group of CPAs who had waited until the last minute to get their continuing education credits for the year. You could say I was their penance, if not punishment. While I would like to think I am a decent public speaker, it is nigh impossible to keep everyone’s attention for that long on, admittedly, pretty dry stuff. Unless someone asks an extremely...

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Some Common Cents for August 26th, 2016

August 29, 2016, by John Norris

Gambling is a word with a lot with a lot of connotations, but only one real meaning: taking some measure of risk in order to achieve some sort of return. You can define risk and return any number of different ways, and at many different levels. Obviously, you want to make sure the risk you take is less than the reward you expect. This is called playing the odds, and we do just that in...

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Some Common Cents for August 12th 2016

August 15, 2016, by John Norris

Obviously, I haven’t gotten out a newsletter in a few weeks. I was physically out of the office on two of those Fridays, and last week? After getting about halfway through with Common Cents, I decided to actually read what I had written. I will make a long story short, and tell you I decided it best not to send it out; it wasn’t worthy of anything other than wrapping fish. As it was very...

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Some Common Cents for July 1st 2016

July 1, 2016, by John Norris

I suppose it would be appropriate to write about what I learned from the fallout due to last week’s referendum on the European Union in Britain, the Brexit. Here goes: British political leaders resign when things don’t go their way. That about sums it up. Other than that, it is hard to glean too much insight other than the world doesn’t seem to think the long-term economic impact is meaningful, at least as I type. After...

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Common Cents for October 5th 2012

November 1, 2012, by John Norris

Frustrating; that was the word a client used this morning to describe the United States and its economy today. Things aren’t lousy, and things aren’t great. Things are frustrating, largely because so many people in our society don’t understand how the world actually works. One of the best things about starting Oakworth, and working for a small, but growing firm, has been the light bulb that went off and continues to burn. I get it;...

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