““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”
Get Your Kicks on Route 66
Few highways have achieved the popularity of U.S. Route 66, which for years led motorists from the frigid winters of Chicago south to St. Louis and then clear across the country to the warm breezes of Los Angeles. As Nat King Cole famously sang, "If you ever plan to motor west, travel my way, the highway that's the best/Get your kicks on Route 66."
Route 66 as an official highway no longer exists. But hundreds of miles of it remain intact, much as they were in the route's glory days, with dramatic scenery and other sights little changed.
Now, Ride and Fly Tours (
www.rideandflytours.com) is offering customized tours of sections of Route 66 that include a charter aircraft ride to the starting point of your choice. There, a motorcycle awaits for your trip into nostalgia. At the end of the ride, your private aircraft is ready to take you home again.
Ride and Fly Tours-which offers similar trips to other destinations throughout North America and in South Africa-handles all the arrangements, from itinerary and accommodations to sightseeing side trips and aircraft charter.
Most of those who fly in and rent a motorcycle come from outside the country, according to Ride and Fly president and owner John Garwood. U.S. clients more often ride their own machines to the starting point for the tour, or have Ride and Fly arrange to have it shipped.