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High-Grading in Houston

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Chris Sheehan, CFA Senior Financial Editor
October 1, 2012

Catching a cab to go to Day One of Summer NAPE 2012 was more than a little uplifting.

First thing to catch one’s attention were two small U.S. flags fluttering on either side of the cab’s meter. The second was to hear the driver’s refrain of “God Bless America,” even though more than 20 years had passed since he first came to U.S. shores.

My new acquaintance was in tune with the varying demand for cabs, depending on whether a convention was in town. An upsurge of business due to ...

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