The free coffee test, or Lefkowitz’s Law of Corporate Financial Health HT @DMarti

Why is it that removing small perks for employees like free soda tends to lead to an exodus of talent? After all, a can of soda costs what, fifty cents? Maybe a dollar? And yet when management decides to stop bearing that small expense, people have a habit of packing up and leaving, which seems like a big move to make over the price of a can of soda. Jason LEfkowitz has a theory

The financial health of a company can be inferred from the quality, variety and cost to the employee of the snacks and beverages it offers its employees.

Getting enough.. and then some: what abundance is [Article]

Another post from Mr. Money Moustache – you might see why he is one of my favourite financial bloggers from this one called “Getting enough & then some“:

…every expense profile is unique, and every person will eventually need to find a way to make expenses and income match when retirement comes – whether retiring at 25 or 85.


What business is Wall Street in these days? [Article]

Exasperated with high frequency algorithm trading that now makes up a bulk of financial market transactions, entrepreneur Mark Cuban wonders what business Wall Street is in.

Wall Street is no longer serving the purpose  what it was designed to .  Wall Street was designed to be a market to which companies provide securities (stocks/bonds), from which they received capital that would help them start/grow/sell businesses. Investors made their money by recognizing value where others did not, or by simply committing to a company and growing with it as a shareholder, receiving dividends or appreciation in their holdings.  What percentage of the market is driven by investors these days ?