Tag Archives: commentary

Begin your own lease

If you’ve seen a recent Patek Philippe print ad, you’ll notice the following slogan: “You never actually own a Patek Philippe. You merely look after it for the next generation.” Now, if you never actually own something, shouldn’t you consider leasing, rather than buying, it? This way, it might make more sense to amortise the… Read More »

The management Gap

I read with interest a story in FORTUNE (April 30, 2007 – “Gap: Decline Of A Denim Dynasty”) about the rise and fall of clothes retailer Gap and something in it struck a cord. The article mentioned that after new CEO Paul Pressler took over the company, stores weren’t regularly renovated because no one could… Read More »