Fourth Quarter 2008|Jim Williams| We are all economists these days. We try to consider whether the proposed stimulus will be good or bad for ourselves and/or for the country. What to do about market uncertainties. How do we manage our own affairs in these times that seem to be so worrisome?
Third Quarter 2008|Jim Williams| In the last few weeks we've seen considerable turmoil in the financial markets. It is difficult to keep your equilibrium when what you have been reading and hearing is relentlessly negative.
Second Quarter 2008|Jim Williams| The most important and difficult task for an investor at a time like this is to manage emotions. It is a constant struggle to maintain equilibrium in such an environment, and many folks succumb to the siren's song and start taking actions based on emotions. Wrong thing to do. Wrong time.
First Quarter 2008|Jim Williams| The Board does have a responsibility of stewardship of the marks, since the Board, as a non-profit corporation, is the legal owner of the marks. The Board seems to regularly overlook the fact that the marks have value only because of the efforts of the 55,000 certificants.
Fourth Quarter 2007|Jim Williams| In a world where there is a highly precise mechanism to allocated scarce resources among competing uses. It's called price.
Third Quarter 2007|Jim Williams| It's difficult to turn on the television or open a newspaper lately without seeing a headline about the subprime mortgage "crisis," and how it is enveloping more and more of America.