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Daily Archives: November 25, 2009

My Favorite Companies Past and Present

November 25, 2009
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My Favorite Companies Past and Present

Many companies became extinct during the 1930s, but the companies that survived helped to build the U.S. into the greatest industrial nation to date. I’m kind of a history buff, and I truly enjoy reading about the origins of companies and how they evolved. In addition to annual reports, Wikipedia usually provides an interesting history of old companies. It is surprising how many of our current U.S. companies were founded more than 150 years ago. One of the oldest is Bank of NY, founded in 1792. CIGNA, JP Morgan, DuPont, Colgate Palmolive, Hartford Financial, Procter & Gamble, Tiffany, Pfizer,...

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Lessons from the Great Depression

November 25, 2009
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Lessons from the Great Depression

Recently my Mom passed away (she was 95), and of course I was sad. One of the many thoughts that came to mind was how different everything was when she was born in 1914 and while she was growing up in the Roaring Twenties and the Great Depression. Not every home had electricity or running water. The wood stove was used by most Americans, as was the ice box, which was eventually replaced by the refrigerator. Houses came with parlors, pantries and cellars used for the cold storage of winter vegetables. Following World War I, the American economy went...

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