Blog

Dave Canal
November 08, 2018

When I was young, I thought a business would last forever.  After all, J.C. Penny still exists and it’s a 114 years old.  But I was to learn, in 1973, why the saying, “Technology is a business that eats its young” was so true.  My understanding began with the initial public offering of Prime Computer.  It had a great business, but one that was...

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Dave Canal
October 17, 2018

If we could choose a genetic gift, most of us would probably choose to be a creative genius.   To be someone such as Elon Musk or Michelangelo would be perfect.   Or at least, we think it would be.   Who could not be happy creating something that didn’t exist before?   Unfortunately, this “gift “often comes with a heavy emotional price. ...

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Dave Canal
September 11, 2018

My first experience with the speed of light was as a young caddy.   As I looked across a fairway I saw a golfer hit a tee shot some distance away.   The player hit the ball, finished his swing, and then – what seemed seconds later in the hot humid air – I heard a CRACK sound.   I was puzzled.   At the time, I didn’t know the speed of...

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Dave Canal
August 13, 2018

We like to believe we control our conscious thought.  But I believe our subconscious – the “hard drive” part of our brain – is far more powerful.  It not only records our experiences but is utterly ruthless in the recall of anything which impacts us negatively.  My first business encounter with that was the day I received a U.S. Treasury...

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Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.

– Bernard Baruch