Mr. Schwab, Mr. Markowitz and Jeremy Siegel, the Wharton economist who serves as a consultant and spokesman for Mr. Arnott's chief competitor, Wisdom Tree Investments, are all in this camp.
Should shareholders tire of this and sell the company to someone with a different idea of the value of a retired chief's wisdom, Horne gets a lump-sum payment equivalent to $23,650 a month for life.
The very idea of a little digital boutique flies in the face of all manner of conventional wisdom, chief of which is that scale is all that matters in an era of commoditized advertising sales.
In 2010, David Carr observed, in a piece about the Awl for the Times, that the idea of a "little digital boutique flies in the face of all manner of conventional wisdom, chief of which is that scale is all that matters in an era of commoditized advertising sales".
Summarizing his position at the end of the Passions, Descartes avers that "the chief use of wisdom lies in its teaching us to be masters of our passions and to control them with such skill that the evils which they cause are quite bearable, and even become a source of joy" (art. 212; CSM I 404).
Each village was presided over by one or more chiefs chosen for wisdom and bravery.
The gold standard, in effect, replaces the Fed chief with the collective wisdom (or luck) of the mining industry.
The Unconventional Wisdom More chief executives will invest in developing breadth of perspective and judgment in the rising stars.
"I ask Afghans and the world's Muslims to use their sound wisdom," Taliban chief Mullah Mohammed Omar was quoted as saying 4 March on official radio.
"Advertising as a business model on the Internet is less proven than the conventional wisdom," Microsoft Chief Executive Steve Ballmer Steve Ballmer said Thursday at Dow Jones' All Things D conference where he previewed the engine.
