Battlepanda: Best...title...ever...


Always trying to figure things out with the minimum of bullshit and the maximum of belligerence.

Thursday, December 15, 2005


Well, if you're an NPR listener anyhow.

Lake Internal-funds-be-gone: Where all the Investments are Above Average
Hal Varian offers an explanation for why companies finance investment out of retained earnings more often than many financial models suggest they should.