A professor of literature explains why he loves books; The Unexpected Professor: An Oxford Life in Books

A professor of literature explains why he loves books

Mar 15th 2014 | From the print edition

The Unexpected Professor: An Oxford Life in Books. By John Carey. Faber & Faber; 361 pages; $23.81 and £18.99. Buy from Amazon.comAmazon.co.uk

IN HIS blog, which is largely dedicated to the keeping of bees, John Carey, for 30 years a professor of English literature at Oxford, states that he writes to “stimulate and involve the general reader”. This autobiography, written with sympathy, a light touch and a sardonic sense of humour, amply fulfils that aim. It suggests that this well-known book reviewer and author retains strong opinions and a love of controversy—writers who thought his reviews hurtful once formed an anti-Carey club—but also portrays a sensitive man dedicated to academic study and to reading. He admits that “courage matters more than understanding poetry” but, having read almost everything there is to read, he is unapologetic about trying to convey just what an enjoyable activity reading is. Read more of this post

Karl Ove Knausgaard: Northern light; One of Europe’s most remarkable literary talents explains the autobiography that made his name

Karl Ove Knausgaard: Northern light; One of Europe’s most remarkable literary talents explains the autobiography that made his name

Mar 15th 2014 | OSTERLEN, SWEDEN | From the print edition

THE man standing on the platform at Ystad station, in southern Sweden, looks more like a grunge rocker than a literary superstar: long hair, beard, scuffed boots, glowing cigarette, hat pulled down against the bitter cold. His white van is so grimy that it is almost black. The stereo blasts out at full volume. There is a fearsome-looking dog cage in the back. Read more of this post

Entrepreneurship: The art of the struggle; A new book about startups should be required reading for business-builders everywhere

Entrepreneurship: The art of the struggle; A new book about startups should be required reading for business-builders everywhere

Mar 15th 2014 | From the print edition

The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers. By Ben Horowitz. Harper Business; 289 pages; $29.99. Buy from Amazon.com,Amazon.co.uk

THESE are halcyon days in Silicon Valley and other hives of entrepreneurship around the world. Barely a week goes by without some newly minted billionaire hitting the headlines and some bizarrely named young company getting an eye-wateringly high valuation from financiers. But for every starry success there will be a multitude of failures, and it is easy to forget that the job of an entrepreneur is often nasty, brutish and in danger of being cut short by impatient investors, rebellious co-founders and other hazards. Read more of this post

The 8 Digital Trends That Will Change The Future Of Advertising

The 8 Digital Trends That Will Change The Future Of Advertising

AARON TAUBE ADVERTISING  MAR. 14, 2014, 11:20 PM

The digital advertising ecosystem is rapidly evolving these days, as marketers continue to adapt to new platforms, devices, and ad formats. Read more of this post

How To Make Stress Your Friend: This Incredible TED Talk Shows How Changing Your Perception Of Stress Could Save Your Life

https://www.youtube.com/watch?v=RcGyVTAoXEU

This Incredible TED Talk Shows How Changing Your Perception Of Stress Could Save Your Life

RICHARD FELONI STRATEGY  MAR. 14, 2014, 10:38 PM

image001-20 image002-12

When Kelly McGonigal first told her audience that a belief in the harmful effects of stress — and not stress itself — was a serious health risk, many people laughed. Read more of this post

The Beautifully Simple Method Archimedes Used To Find The First Digits Of Pi

The Beautifully Simple Method Archimedes Used To Find The First Digits Of Pi

ANDY KIERSZ FINANCE  MAR. 14, 2014, 10:47 PM

image001-18

Happy Pi Day! It’s March 14, or 3/14, matching the first three digits of π.

π is one of the fundamental constants of mathematics: the ratio of a circle’s circumference to its diameter.  Read more of this post

WARREN BUFFETT: ‘Stay Away From Bitcoin. It’s A Mirage’

WARREN BUFFETT: ‘Stay Away From Bitcoin. It’s A Mirage’

ROB WILE MARKETS  MAR. 14, 2014, 8:33 PM

On CNBC just now, Warren Buffett said the following when asked of Bitcoin’s potential.

image001-16

Samsung’s Failure To Develop Great Software Made Google Feel Comfortable Selling Motorola

Samsung’s Failure To Develop Great Software Made Google Feel Comfortable Selling Motorola

JAY YAROW TECH  MAR. 15, 2014, 12:03 AM

Ever since Samsung became the dominant Android phone company, people have predicted that eventually Samsung would “fork” Android.  Read more of this post

THE INTERNET OF SMELLS: Startups Race To Cash In On The Latest Fad

THE INTERNET OF SMELLS: Startups Race To Cash In On The Latest Fad

AARON GELL HOME  MAR. 15, 2014, 8:32 PM

“Today we’re going to show you the world’s first olfactive message.”

Harvard professor David Edwards is sitting on the back of a couch at Le Laboratoire, the art and design studio he opened in Paris seven years ago. His casual perch and thick-rimmed glasses make him look more student than teacher, but the thicket of gray in his stubble gives him away. Read more of this post

MIT Has An Awesome Fish Robot That’s Just Like The Real Thing

MIT Has An Awesome Fish Robot That’s Just Like The Real Thing

DYLAN LOVE TECH  MAR. 15, 2014, 8:04 PM

MIT researchers have designed and built an impressive fish robot, we learned via CrazyEngineers.

The robot moves underwater autonomously and can accurately replicate a high-speed maneuver called the C-turn, which its living fish counterparts use to evade prey. MIT’s creation can pull off the move in 100 milliseconds, exactly the amount of time required for a biological fish to execute it. Here it is, mid-maneuver: Read more of this post

The Imaginary Epidemic of Envy in America

3/12/2014 at 7:30 PM

The Imaginary Epidemic of Envy in America

By Jonathan Chait

Conservatives used to say all the time that envy doesn’t work in American politics, that Americans admire the rich rather than begrudge them their fortune. They rarely say that anymore. Instead they warn that Americans resent the rich too much, that our noxious resentment carries all sorts of dangerous side effects. American Enterprise Institute president Arthur Brooks wrote a column in the Sunday New York Times earlier this month warning, “a national shift toward envy would be toxic for American culture,” and then asserted such a shift is already under way. Another Times column a week later, by Harvard economist Sendhil Mullainathan, who is not even a conservative, likewise frets that rampant envy “has made us less pragmatic and more dogmatic.” Read more of this post

8 pronunciation errors that made the English language what it is today

8 pronunciation errors that made the English language what it is today

Think hyperbole rhymes with Super Bowl? Don’t worry, it could be the start of something beautiful

David Shariatmadari

theguardian.com, Tuesday 11 March 2014 10.00 GMT

Someone I know tells a story about a very senior academic giving a speech. Students shouldn’t worry too much, she says, if their plans “go oar-y” after graduation. Confused glances are exchanged across the hall. Slowly the penny drops: the professor has been pronouncing “awry” wrong all through her long, glittering career. Read more of this post

The FTC has opened an investigation into Herbalife [Update]

The FTC has opened an investigation into Herbalife [Update]

Dan McCrum

| Mar 12 17:31 | Comment | Share

Part of the LIVING THE HERBALIFE SERIES

After we got in touch with the company to tell them we were writing this story, they halted trading and put out a statement confirming the investigation.

The Federal Trade Commission has opened a formal investigation into Herbalife, the multi-level marketing company that hedge fund manager Bill Ackman has called a pyramid scheme, according to people familiar with the situation. Read more of this post

Here’s Why A Former PayPal Exec Absolutely Hates Meetings

Here’s Why A Former PayPal Exec Absolutely Hates Meetings

JILLIAN D’ONFRO TECH  MAR. 15, 2014, 9:47 PM

In the early days of PayPal, David Sacksmanaged over 700 employees as the company’s COO.

According to an interesting Quora post, Sacks hated meetings while he was leading PayPal. Former senior executive Keith Rabois wrote that Sacks was skeptical of any meeting that included more than three or four people. He would randomly pop in on meetings, and immediately shut them down if he decided that they seemed inefficient. PayPal’s annual review forms in 2002 even rated employees on whether they avoided “imposing on others’ time, e.g. scheduling unnecessary meetings.” Read more of this post

Is the value premium a liquidity premium?

Friday, March 7, 2014

Is the value premium a liquidity premium?

JP Koning

image001-3

Is the value premium a liquidity premium?

 The “High minus low” strategy: Source

If you haven’t read Clifford Asness and John Liew’s recent article on market efficiency, you should. There’s plenty of meat in the article, but the one sinew I want to chew on is this above chart.  It shows the cumulative returns to a strategy called HML, or “high-minus-low.”  Read more of this post

An Investor’s Guide to Better Writing – Seriously

An Investor’s Guide to Better Writing — Seriously

11 MAR 2014 – VITALIY KATSENELSON

I never thought I’d be giving writing advice. I was always the worst student in my literature class in Russia. I never received a grade higher than a C on any Russian essay I ever wrote. I have a theory that my teachers got sick of reading and grading my horrible essays, so they stopped and automatically gave me a passing grade out of pity. I don’t blame them. Read more of this post

Startups Anonymous: A list of fears from the CEO of a startup in NYC

Startups Anonymous: A list of fears from the CEO of a startup in NYC

BY STARTUPS ANONYMOUS 
ON MARCH 12, 2014

[This is a weekly series that brings you raw, first-hand experiences from founders and investors in the trenches. Their story submissions are anonymous, allowing them to share openly without fear of retribution. Every Wednesday, we’ll run one new story chosen by Dana Severson, who operates StartupsAnonymous, a place for startups to share, ask questions, and  answer them in story-length posts, all anonymously.] Read more of this post

Predicting The Next IPO Wave: The Era Of The Enterprise

Predicting The Next IPO Wave: The Era Of The Enterprise

Posted 19 hours ago by Mamoon Hamid (@mamoonha)

Editor’s note: Mamoon Hamid is a General Partner at The Social+Capital Partnership. Prior to starting Social+Capital, Mamoon was a Partner at U.S. Venture Partners (USVP). 

Over the last three years, we’ve seen an increasing number of tech IPOs – many from consumer-facing companies that we’ve long known were headed for an IPO. I’m talking about Facebook, TwitterPandora, Yelp, Groupon, Zynga, etc., which most casual observers could see from a mile away. Markets tend to be swayed by sexy consumer offerings; however, we should be paying close attention to the massive shareholder value that is being created by enterprise software companies. Read more of this post

Bill Gates: It’s OK If Half Of Silicon Valley Startups Are “Silly”

Bill Gates: It’s OK If Half Of Silicon Valley Startups Are “Silly”

Posted 11 hours ago by Gregory Ferenstein (@ferenstein)

Microsoft Founder Bill Gates doesn’t worry that Silicon Valley is the home of billion-dollar texting apps and farming games. “Innovation in California is at its absolute peak right now. Sure, half of the companies are silly, and you know two-thirds of them are going to go bankrupt, but the dozen or so ideas that emerge out of that are going to be really important,” Gates told Rolling Stone, in a wide-ranging interview on government surveillance, financial inequality, immigration reform, and the cultural backlash against Silicon Valley. Read more of this post

Regulators Size Up Wall Street, With Worry; “It is not going to work if we approach it from a lawyerly standpoint. It is more like a priest-penitent relationship.”

MARCH 12, 2014, 8:51 PM  56 Comments

Regulators Size Up Wall Street, With Worry

By PETER EAVIS

Money laundering, market rigging, tax dodging, selling faulty financial products, trampling homeowner rights and rampant risk-taking — these are some of the sins that big banks have committed in recent years. Read more of this post

Sudden collapse of iron ore price casts shadow on Australian economic prospect

Sudden collapse of iron ore price casts shadow on Australian economic prospect

 

by Jeremy Zhao

CANBERRA, March 15 (Xinhua) — The Australian Bureau of Statistics (ABS) on Thursday posted the biggest monthly full-time payroll surge since 1991. Although the jobless rate held still at 6 percent, the number of full-time jobs increased by 80,500 across the country in February. This is surprisingly good data, showing that the economy is recovering and the central bank’s low interest policy has worked. Read more of this post

Accidental disruption: Max Levchin discusses how close PayPal was to never existing at all; Max Levchin: I learned to code in the Soviet Union by writing clones of Tetris and Snake.. on paper

Accidental disruption: Max Levchin discusses how close PayPal was to never existing at all

BY MICHAEL CARNEY 
ON MARCH 13, 2014

PayPal’s status as one of the most successful pre dot-com crash companies is beyond dispute. But for the billions in value that it created and the impact that it’s had in revolutionizing digital payments, it’s remarkable to consider how close the company came to never existing. Read more of this post

Is being in Asia a disadvantage for startups?

Is being in Asia a disadvantage for startups?

By J. Angelo Racoma

In some cases, it could be, although OnlinePianist CEO Nimrod Cohen advises entrepreneurs to find their strengths

Is being in Asia a disadvantage for startups? This particular argument has been raised time and again. While there are opportunities specific to the region (or any other region for that matter) that would be ripe for the picking for entrepreneurs, there are simply some industries that can prove difficult to crack. Read more of this post

Castlight Health pops 149% on its IPO despite a revenue multiple not seen since 2000

Castlight Health pops 149% on its IPO despite a revenue multiple not seen since 2000

BY MICHAEL CARNEY 
ON MARCH 14, 2014

Viewed in the context of the dozens of tech IPOs grabbing headlines from Silicon Valley and Wall Street over the last six months, Castlight Health’s public debut this morning and the overwhelmingly positive market response are hardly unique. Wall Street is remembering what it’s like to lust after high growth tech equities. But where the deal did stand out is in the valuation it commanded. Read more of this post

How Tesla Motors Inc’s electric car batteries are adding to China’s pollution woes

How Tesla Motors Inc’s electric car batteries are adding to China’s pollution woes

Elisabeth Behrmann, Bloomberg News | March 14, 2014 | Last Updated: Mar 14 1:54 PM ET
As more environmentally conscious Americans do their bit to help clear the air by paying up for an eco-friendly Prius or a sporty Tesla, a damaging form of polluted rain is falling in China. Read more of this post

How Pembina pulled off a 500% return by keeping pipelines full and building trust with First Nations

How Pembina pulled off a 500% return by keeping pipelines full and building trust with First Nations

Claudia Cattaneo | March 14, 2014 6:00 PM ET
image001-14CALGARY • Mick Dilger, president and CEO of Pembina Pipeline Corp., is the first to acknowledge that owning pipelines in energy-friendly Alberta goes a long way to making aggressive expansion a welcome event. Read more of this post

How Microsoft Office is already too late for the iPad generation

How Microsoft Office is already too late for the iPad generation

Gerry Shih and Bill Rigby, Reuters | March 14, 2014 | Last Updated: Mar 14 6:14 PM ET
SAN FRANCISCO/SEATTLE — It may be one of Microsoft Corp’s biggest squandered opportunities.

Tired of waiting for Office to be optimized for their mobile gadgets, a growing contingent of younger companies is turning to cheaper, simpler and touch-friendly apps that can perform word processing and other tasks in the cloud. Read more of this post

How to build a tribe and attract ‘supercustomers’: Vinomofo co-founder Andre Eikmeier

How to build a tribe and attract ‘supercustomers’: Vinomofo co-founder Andre Eikmeier

Published 14 March 2014 13:00, Updated 14 March 2014 21:27

Andre Eikmeier

I’m not a fan of mission statements, but I’m a big fan of missions.

What’s the difference? Authenticity, usually. One’s the creation of the marketing department, and one is the reason someone gets up in the morning and goes in to battle with a smile on their face. Read more of this post

Questions remain about the enforcement and strength of Australia’s insider trading laws. Insider trading laws in spotlight again after rise in Leighton shares before Hochtief takeover bid

Insider trading laws in spotlight again after rise in Leighton shares before Hochtief takeover bid

March 15, 2014

Georgia Wilkins

The startling ramp-up in Leighton Holdings’ share price last week – ahead of Hochtief’s takeover move on Monday – is just the latest in a series of events that have sparked questions about the enforcement and strength of Australia’s insider trading laws. Read more of this post

Important Life Lessons: What’s The Most Important Life Lesson Older People Feel You Must Know?

APRIL 12, 2013 by ERIC BARKER

Important Life Lessons: What’s The Most Important Life Lesson Older People Feel You Must Know?

image001-1

Yes, older people are agreed on the most important life lessons they want to pass on.

Karl Pillemer of Cornell University interviewed nearly 1500 people age 70 to 100+ for his book “30 Lessons for Living: Tried and True Advice from the Wisest Americans.” He asked them what life lessons they’d pass on. Read more of this post

%d bloggers like this: