Tom Petruno on Muck Rack

Tom Petruno

Los Angeles
As seen in: MSN, Los Angeles Times, Chicago Tribune, Quartz, UCLA Anderson Review, Nasdaq, Tulsa World, Kiplinger, Kiplinger Tax Letter, RealClear Markets and
Ohioan by birth, Californian by necessity. 40+ yrs tracking markets and economy, incl as LA Times financial columnist 1990-2011.
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Articles

Charles Munger, who helped build one of the greatest fortunes in U.S. history, has died Original

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By Tom Petruno
| Los Angeles Times
Charles Munger helped build one of the greatest fortunes in U.S. history, but he often explained his success in terms that sounded deceptively uncomplicated. “Take a simple idea and take it seriously.” “Load up on the very few insights you have instead of pretending to know everything about everything at all times.” And above all, he stressed the need for patience and a long-term investment view — an approach that has vanished from much of Wall Street in recent decades.
Open in Who Shared View Duplicates (8) Issue with article?

Is Amazon’s Fake Review Response 94 Days Too Late?

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By Tom Petruno
| UCLA Anderson Review
Reviewers-for-hire is a well-documented plague across the world of e-commerce. And networks of fake reviewers aren’t hard to find: Just search on Facebook for “Amazon Review.” To explore this phenomenon, UCLA Anderson’s Sherry He and Brett Hollenbeck and USC’s Davide Proserpio, with the help of a team of UCLA undergrads, collected data on hundreds of product sellers buying fake reviews from the internet and then tracked what happened to ratings and sales of the promoted products.
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Small Enterprises Benefit from Economies of Scale in Marijuana Retailing

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By Tom Petruno
| UCLA Anderson Review
After Washington state voters legalized recreational marijuana use in 2012, state officials faced the question of how, exactly, to get newly lawful cannabis to consumers. The government decided to build a retail industry from the ground up by awarding store franchises to entrepreneurs via a lottery.
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