Whereas in Zara you are duped into unwise purchases by the prospect that since that dress probably won't be in stock next week, you had better buy it now, even if you don't like it that much, John Lewis nurtures shoppers who do a "recce" (and call it a recce) before making a purchase.
Forbes: Peter, what about Alex's point, that REITs did indulge in some unwise purchases a couple of years ago, when the market was frothy?
I'll just throw this out there right now: I am known around TechCrunch for making, let's say, unwise purchasing decisions.
But that's exactly why you do need a gift list; it'll prevent you from racing around like a chicken with its head cut off, overspending frivolously or making unwise purchases you can't afford -- or that aren't appropriate for your recipients.
This explanation is consistent with four observed behaviors in Andapa, First, some individuals spent commercial crop revenues on unwise purchases but never sold their tavy for such purchases.
This past week, Warren Buffett's deputy, David Sokol, resigned after it came to light that he made an unwise stock purchase connected to a Berkshire Hathaway deal.
Of course, mathematical stumblings don't account for every unwise mortgage purchase.
Indeed, $300 million came in on New Year's Day alone, presumably as everyone made unwise in-app purchases to get through their hangovers.
Ten years ago, I would have read his story and made judgments; about how the initial lottery ticket purchase was unwise; how lotteries are, really, an indirect tax; how surprising it is that he is giving so much to charity.
