Weighted-average analysis can help avoid crimes

By Rick Colosimo / December 9, 2008 /

In our business, we focus a lot on the use of weighted averages in analyzing business problems. An article in today’s WSJ discusses the seemingly disproportionate and unexpected role of Chuck E. Cheese restaurants in arrests for fights. This article reminded me of an idea I had many years ago while interning at the Tompkins…

Read More

Healthy prisoners

By Rick Colosimo / October 3, 2008 /

According to this article from the Wall Street Journal, prisoners are using pouches of mackerel as an alternative currency in prison. Mackerel, of course, is high in essential fatty acids and generally considered to be good for you. Maybe the prisoners will actually eat more of it, but the article says this might be unlikely.…

Read More

Forbes writers don't read Forbes

By Rick Colosimo / October 3, 2008 /

Apparently, the only financial people not reading Forbes are those who write in Forbes. This article, from October 2, refer several times to the drop in interbank lending (but extends this to include “lending to other banks and to customers of banks”). On the other hand, this article, from October 1, makes it clear that…

Read More

Law firms as Ponzi/MLM schemes?

By Rick Colosimo / August 24, 2008 /

I spent some time on Thursday morning in a courtroom full of very expensive lawyers. The associates were few and far between, as were the women (but that’s a different story). Later that afternoon, I spoke with a former officemate of mine from when we were both second-years at a large NYC law firm. These…

Read More