A powerful statement from Warren Buffett, writing Berkshire Hathaway's annual letter last February: Sometimes I’ve made mistakes in assessing the future economics of a business I’ve purchased for Berkshire — each a case of capital allocation gone wrong. That happens with both judgments about marketable equities — we
I could have titled this article "Why I Don't Fly KLM - Air France Much Anymore," but I'm certain you'll relate to some of the issues addressed here regarding the evolution (or lack thereof) of loyalty programs in many businesses.
This is a special edition. And yes, since yesterday's announcement, you know why.
I'm not a prominent security expert, but I have always been concerned with basic data hygiene. And I'm not perfect: I never was on Facebook, but I massively used Twitter before it became a cesspool. For many years, all my business mail (Merkapt and then Innovation