How does NY stack up against SF? "There is an excellent venture capital community in NY, it's different than Silicon Valley.
While it has an excellent human capital base and a good propensity for technological adoption, France's businesses are saddled with an extremely rigid labour market and an often difficult regulatory environment.
He says that B J's and its two major rivals, Sam's and Costco, are all solid businesses with excellent return on capital but that B J's shares are the most reasonably priced.
The company is excellent at deploying capital and seeing it quickly translate into production, says SunTrust analyst John J. Gerdes.
While gold is not an income-producing asset, it does provide excellent protection against capital erosion when inflation comes.
Besides earnings growth, he also looks for stocks that have excellent returns on capital, i.e. "quality," and reasonable valuations relative to their growth rates.
France also won plaudits for its successful hosting of the 1998 World Cup and the capital has excellent transportation.
"A truly great business must have an enduring 'moat' that protects excellent returns on invested capital," he explained in his 2007 annual letter to investors.
* RATP, the transport authority, has a series of "Archi Bus" downloadable leaflets that show you the sights as you travel around by the capital's excellent bus network.
The N'doyes opened their bakery with a loan from the Small Business Administration in 2002, and brought to Harlem's Senegalese quarter a cafe like those of their native Dakar, Senegal's capital, where excellent baguettes may be as common as they are on the streets of Paris.
We must retain them.' Thorir Bergsson is not a typical case in the sense that he is a chef (though one of the many symptoms of the Icelandic success story has been an abundance of excellent restaurants in the capital), but he does reflect the attitude of many others who share his option of finding employment abroad.
