Bill Gates could foresee that Kodak was toast since 1991. But if you shorted Kodak in 1991, you will be toast. Eventually, Kodak stock price was toast. This is an example where business knowledge does not necessarily translate in trading profits. Join discussion...

In Issue #831, Dr. Mark Skousen ruminates that Bill Gates may be the "new" Ben Franklin, as Gates has set the standard for good business in this century. Join discussion...

Bill Gates, who for years was the richest man in the world, is also one of the smartest. But even he couldn't figure out how to beat the Internet-how to transition his grand old monopoly software company, Microsoft, into a business that thrives on the Net. And so he begins his retirement today from Microsoft as the PC era's biggest winner, and the Web era's most spectacular casualty. Join discussion...