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As Drones Take Flight, Here Are the Four Best Ways to Fly Along
In yesterday’s Private Briefing, we told you about a series of historic “Drone Firsts” achieved during a recent U.S. Navy technology demonstration.
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William (Bill) Patalon III is the Executive Editor and Senior Research Analyst for Money Morning. Before he moved into the investment-research business in December 2005, Bill spent 22 years as a journalist, most of it covering financial news as a reporter, columnist, and editor that included stints with Gannett Co. Inc., and The Baltimore Sun.
Bill has covered finance and investing, economics, manufacturing, the defense sector, biotechnology, and telecommunications. The companies he’s covered include Eastman Kodak, Xerox, Harley-Davidson, Caterpillar, Westinghouse Electric, Verizon, MedImmune, and Black & Decker.
His most-memorable interviews include: former President Richard M. Nixon, General Electric CEO John F. “Jack” Welch, Forbes magazine publisher and former Presidential candidate Steve Forbes, and business-turnaround specialist and helicopter-industry pioneer Stanley Hiller Jr.
It was Bill’s work covering Eastman Kodak Co., during the last half of the 1990s that solidified his reputation as one of the nation’s top analytical business journalists. With his award-winning reports on Kodak’s competitive travails, he consistently scooped his competitors in the national business media. His chronicles of Kodak’s turnaround efforts took him to China, Japan, Silicon Valley, New York, Washington, D.C., and even Hollywood.
His work has appeared in Kiplinger’s personal finance magazine, USA Today, and The South China Morning Post, among other publications. A winner of approximately two-dozen journalism awards – including top honors from The Associated Press and the prestigious Society of American Business Editors and Writers (SABEW). Patalon is also the co-author of the Prentice Hall book, "Contrarian Investing: How to Buy and Sell When Others Won’t and Make Money Doing It." Before taking over Money Morning, he served as the editor of The Rebound Report, an investment newsletter focusing on turnaround stocks.
Today Bill is the creator and editor of Private Briefing. With his latest project, he takes you "behind the scenes" of his established investment news website for a closer look at the action. Members get all the expert analysis and exclusive scoops he can't publish… and some of the most valuable picks that turn up in Bill's closed-door sessions with editors and experts.
Bill has a BA in Print Journalism from Penn State University, and an MBA in finance from the Rochester Institute of Technology.
If you're a big baseball fan – as I am – then you know that a team's leadoff hitter plays a determinative role in the club's success or failure.
Great leadoff hitters – guys like Rickey Henderson, Richie Ashburn, and Ichiro Suzuki – are terrific "table-setters." As the first hitter to the plate, their job is to "get something started" by getting on base in any way possible – and to serve as an emotional catalyst for the rest of the team… and for the fans in the stadium.
Some of baseball's all-time best leadoff guys were masters at igniting momentum – my favorite old-timer was Eddie Stanky, an infielder and leadoff hitter whose nickname – "The Brat" – reflected his penchant for momentum-swinging plays.
Branch Rickey, the baseball executive who broke the color barrier by signing Jackie Robinson, once took note of Stanky's "spark plug" qualities by observing: "He can't run, he can't hit, and he can't throw. But if there's a way to beat the other team, he'll find it."
In 1951, in a World Series game between the New York Giants and New York Yankees, Stanky (who was then a Giant) tried to steal second base and realized Bronx Bombers shortstop Phil Rizzuto was already waiting to apply the tag. But instead of accepting the out, Stanky (a former soccer player) kicked out with his right foot as he slid and punted the ball out of Rizzuto's mitt and into centerfield.
The Brat popped up and skittered to third. The error lead to five unearned runs and a Giants victory that day.
Rizzuto never forgave Stanky for the play.
So while a walk, hit, or even an occasional homer by the leadoff hitter can ignite a team and even fire up the fans in the stands, the opposite is also true.
And of course a poor showing – like a three-pitch strikeout – by the leadoff hitter can hang over a game like a depressingly thick fog. It has a deleterious effect on the other hitters – and can take the fans right of the game.