“One of the biggest insurance mistakes boat owners make is endorsing their boats onto their homeowners policies, which may not cover their losses from a major storm.” MayLossMistakePolicyMajorsStormBoatOwnersHomeownersEndorsing Author:Scott Hall
“Major League Baseball's labor negotiations involve two paradoxes. The players' union's primary objective is to protect the revenues of a very few very rich owners - principally, the Yankees'. The owners' primary objective is a more egalitarian distribution of wealth. The union believes that unconstrained spending by the richest three teams pulls up all payrolls. Most owners believe that baseball's problems--competitive imbalance, the parlous financial conditions of many clubs--result from large and growing disparities of what are mistakenly treated as 'local' revenues.” BelieveTwoProblemThreeWealthResultsRichGrowingPlayerTeamConditionsProtectMajorsLaborBaseballUnionsFinancialClubsSpendingLocalsObjectivesTreatedPrimariesLeagueOwnersParadoxNegotiationDistributionRevenueYankeesImbalanceDisparityMajor LeaguePayrollPull UpsDistribution Of WealthMajor League Baseball Author:George Will
“Berkshire has the lowest turnover of any major company in the U.S.The Walton family owns more of Wal-Mart than Buffett owns of Berkshire, so it isn't because of large holdings. It's because we have a really unusual shareholder body that thinks of itself as owners and not holders of little pieces of paper.” ThinkingLittlesBodyCompanyPiecesPaperMajorsOwnersUnusualLowestShareholdersBuffettTurnover Author:Charlie Munger
“Major league baseball players and owners should meet immediately to enact the standards that apply to the minor leagues, and if they don't, I will have to introduce legislation that says professional sports will have minimum standards for testing. I'll give them until January, and then I'll introduce legislation.” IfsGivingShouldSportsPlayerMajorsStandardsBaseballLeagueOwnersIntroducingMinorsMinimumLegislationTestingJanuaryBaseball PlayerMajor LeagueMajor League BaseballProfessional Sports Author:John McCain
“What I found fascinating was just how quickly the best of the young Negro League players were drafted into the major leagues once Branch Rickey broke the color line by hiring Jackie Robinson. It was clear that all of the major league owners already knew the talents of the black ballplayers that they had refused to let into their league.” YoungFoundBlackLinesClearPlayerTalentColorMajorsBrokeLeagueBranchesFascinatingOwnersHiringJackieMajor League Author:Walter Dean Myers