TIPS ON TIPS AND OTHER INFLA NON-INDEXED OFFERINGS
While many of you have been offered tips on investing, this may be the first time you’ve gotten tips on what’s commonly known as TIPS—Treasury inflation-protected securities. Introduced by the U.S. Treasury in 1997, TIPS are fixed-income securities, sold in multiples of $1,000, whose principal value is indexed to the Consumer Price Index (CPI). This [...]
BOTTOM LINE
“The bottom line for your guys is this: Don’t think that you can’t improve the performance of the modem computer truck.” Heffington said. “You can. Sure, the tools have changed, but the basic idea hasn’t. If you remember nothing else, remember this:A chip can help you in three basic ways. First, the majority of the [...]
FORGET THE PIG IS AN ANIMAL
In my visits to modern pig factories, I keep thinking about pigs I have met, social critters much like Albert Schweitzer’s Josephine, very capable of warm relationships with people. I remember their friendly grunts and their enjoyment of human contact. This is why I have such a hard time accepting the advice of contemporary pork [...]
FEDERAL IMPETUS
What really got the ball rolling for on-board computer controls was pressure by the federal government for cleaner-running and more fuel-efficient vehicles. “On-board computer controls and emerging chip technology gave the truck manufacturers the ability to meet new government standards,” Heffington said. “There was just one problem..
The problem was that the manufacturers needed to build [...]