Word: premiums
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...that you're enchanted by books and ink and paper - you seem to place a premium on the printed word, the actual product. Have you given much thought to how that might all change with e-books? That's all about distribution. I don't think it has to do with books or with literature or storytelling. The history of publishing has had this evolution, where even if we go back to the 19th century, when some of the greatest novels of all time were written, publishing was very different. People were not necessarily buying books, they were reading stories...
...That's the bad news about Mayo's success: it's not sustainable. The harsh reality is that smart, conservative, data-driven, patient-focused medicine is not necessarily profitable medicine. Last year, Mayo lost $840 million on $1.7 billion in Medicare work. It compensated by charging private insurers a premium for the Mayo name, but they're starting to balk. "The system pays more money for worse care," says Mayo CEO Denis Cortese. "If it doesn't start paying for value instead of volume, it will destroy the culture of the organizations with the best care. We might have...
...Teen retailers, once thought recession-proof, have suffered in this downturn. For example, Abercrombie & Fitch, which has maintained its premium price points, saw same-store sales dip an incredible 28% in May. But amid such carnage, two stores stand out. Buckle, a Nebraska-based retailer that offers a wide range of brand-name selections at its 393 stores across the country, saw first-quarter profits jump 43.5%. Then there's Aéropostale, which targets 14-to-17-year-old boys and girls and operates more than 900 locations in 47 states. Same-stores sales increased 11% in the first...
Finance scholars also bolted a third plank onto Smith's two reasons this was so and would continue to be: stocks were riskier than bonds, and stock investors were thus being paid a premium for taking on that additional risk...
...world. But musicians use tens of thousands of instruments in the $30,000 to $500,000 range," says Margolis, who founded Cozio.com, which has information on more than 11,000 instruments worldwide. A small fraction of top instruments surface on the market in a given year, adding a rarity premium to their values. (Read "Accidental Genius: Why a Stradivarius Sounds So Good...