Getting Emerging Markets’ Goats; The goats are forced to rely on foreign-money inflows to fill their current-account holes; The goats include the fragile five of Brazil, India, Indonesia, South Africa and Turkey, Argentina

Getting Emerging Markets’ Goats

By A. Gary Shilling on 06:27 pm Mar 25, 2014

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(JG Graphics/Josep Tri Ronggo Laksono)

Since the US Federal Reserve began talking about tapering its bond purchases last year, investors have been forced to separate the emerging-market sheep — those with well-managed economies — from the goats, with their poorly run economies. Read more of this post

Best Bets Among Apple Suppliers; IPhone demand is improving but not all parts makers are created equal

MONDAY, MARCH 24, 2014

Best Bets Among Apple Suppliers

IPhone demand is improving but not all parts makers are created equal.

Pacific Crest Securities

Supply-chain conversations indicate improving demand trends for the iPhone, which is positive for Apple component suppliers. Read more of this post

Economics and the foundations of Artificial Intelligence

Economics and the foundations of Artificial Intelligence

by Colin Lewis , March 19, 2014

For the longest time, people thought that humans could not run a mile in less than four minutes. Then, in 1954, Sir Roger Bannisterbeat that perception, and shortly thereafter, once he showed it was possible, many other runners were able to achieve this also. Read more of this post

Hong Kong listed stock darling Magnum Entertainment night clubs with iconic gold toilets issued a profit warning

A message from Mr Yip Mow Lum…

Paul Murphy

| Mar 25 10:30 | 2 comments Share

He’s the chairman of just-and-so Hong Kong listed Magnum Entertainment and here’s the news:

PROFIT WARNING

…The board of directors of the Company (the “Board”) wishes to inform shareholders of the Company (the “Shareholders”) and potential investors that, based on a preliminary review of the unaudited management accounts of the Group for the eleven months ended 28 February 2014, the Group recorded a substantial decrease in profit for the eleven months ended 28 February 2014 and it is expected to record a loss for the year ending 31 March 2014… Read more of this post

Turquoise – still the colour of money in Mongolia?

Turquoise — still the colour of money in Mongolia?

Dan McCrum | Mar 25 13:25 | 2 comments Share

Decision time approaches for Mongolia, Rio Tinto and Turquoise Hill on Oyu Tolgoi, the enormous copper mining project that could one day represent about a third of the landlocked nation’s economy. Read more of this post

As Brics Economies Grow Up, 10 Upstarts Emerge: Report

As Brics Economies Grow Up, 10 Upstarts Emerge: Report

By Agence France-Presse on 01:20 pm Mar 26, 2014

  1.  Indonesia, Bangladesh and Ethiopia are among 10 countries set to take over as emerging economies from the powerful Brics nations as they struggle with growing pains, a French credit body said on Tuesday.

Read more of this post

This Is Google CEO Larry Page’s Grand Vision For Changing The World

This Is Google CEO Larry Page’s Grand Vision For Changing The World

MEGAN ROSE DICKEY TECH  MAR. 25, 2014, 12:08 AM

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Google CEO Larry Page is one of the smartest, most powerful people in the world. As CEO of Google, his job is to imagine the future. This month, Page gave a talk at TED to discuss how Google plans to change the world. It’s a great insight into where Google is going.  Read more of this post

Chart Shows The Most Successful Startups Ever Founded By People Who Apparently Skipped Their Midlife Crisis

Chart Shows The Most Successful Startups Ever Founded By People Who Apparently Skipped Their Midlife Crisis

ROB WILE STRATEGY  MAR. 25, 2014, 4:48 AM

Venture capitalist Fred Wilson has posted a nifty chart showing six mega-companies that were founded by folks who evidently sailed through any notion of a mid-life crisis. Read more of this post

Likeable Leadership: A Collection of 65+ Inspirational Stories on Marketing, Your Career, Social Media & More

Likeable Leadership: A Collection of 65+ Inspirational Stories on Marketing, Your Career, Social Media & More [Kindle Edition]

Dave Kerpen (Author), Jeffrey Hayzlett (Foreword)

Book Description

Publication Date: October 20, 2013

“When it comes to cutting through the clutter and making his voice heard, Dave has always been a thought leader and a truly creative promoter. His new book is an invaluable tool for any business leader who hopes to navigate today’s fast changing social media landscape. Moreover, Dave’s cogent advice and instructive (and humorous!) anecdotes are as likeable as he is!”  Read more of this post

The 16 Differences Between Successful People and Unsuccessful People

The Differences Between Successful People and Unsuccessful People

March 19, 2014

image001-9 Read more of this post

MARK CUBAN: If I Was Responsible For Box’s Bad Numbers ‘I Would Combust’

MARK CUBAN: If I Was Responsible For Box’s Bad Numbers ‘I Would Combust’

JAY YAROW TECH  MAR. 25, 2014, 9:25 PM

Enterprise-focused online storage company Box filed for an IPO last night.

Box might exist if not for Mark Cuban,according to Box CEO Aaron Levie.

When he was still a student at USC in 2005, Levie emailed Cuban to tell him about his company. Cuban liked the idea and offered to make a $350,000 seed investment. Levie took the money. Read more of this post

Vice Media Is Considering An IPO And Thinks It’s Worth $28.9 Billion Equaling Twitter

Vice Says It’s Weighing IPO Prospects, Considering Buying a TV Network

Never Short of Optimism Anyway, Vice Sees Money ‘Sloshing Around in the System’

Published on March 24, 2014. 0

Vice Media, the company that combines punk culture with online journalism, is poised to double revenue to $1 billion by 2016 and may pursue an initial public offering, co-founder Shane Smith said. Read more of this post

Here Is The Letter Sir Winston Churchill Wrote When He Resigned As Prime Minister

Here Is The Letter Sir Winston Churchill Wrote When He Resigned As Prime Minister

JULIE ZEVELOFF THE LIFE  MAR. 25, 2014, 9:55 PM

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Box’s Two 20-Something Co-Founders Don’t Own Much Of Their Company Anymore After Cashing Out Earlier to VCs

Box’s Two 20-Something Co-Founders Don’t Own Much Of Their Company Anymore

JULIE BORT ENTERPRISE  MAR. 26, 2014, 12:26 AM

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Box co-founders Dylan Smith (left) Aaron Levie

Enterprise cloud storage company Box has filed the paperwork for its long-expected IPO, and the big surprise is how much of the company the co-founders have already sold off. Read more of this post

Game Theory, Pharmacies, And Why CVS Stopped Selling Cigarettes

Game Theory, Pharmacies, And Why CVS Stopped Selling Cigarettes

ESTIMIZE FINANCE  MAR. 26, 2014, 1:31 AM

To sell smokes or not to tell smokes, that is the $2 billion question. In early February CVS Caremark (CVS) became the first national drugstore chain to voluntarily give up selling cigarettes and other tobacco products by October 1st. CVS was the first brick to fall due to mounting pressure coming from 28 state and territory attorney generals. These AGs have not yet threatened any legal action, but the case certainly brings the NYC sugary drinks ban to mind. Read more of this post

25 Fascinating Charts Of Negotiation Styles Around The World

25 Fascinating Charts Of Negotiation Styles Around The World

GUS LUBIN STRATEGY  MAR. 26, 2014, 1:47 AM

Language is only the most obvious part of the global communication gap. Different cultures also have distinct approaches to communication during meetings and negotiations, as described by British linguist Richard D. Lewis, whose best-selling book, “When Cultures Collide,” charts these as well as leadership styles and cultural identities. Read more of this post

Arianna Huffington Explains Why You Need More Than Money And Power To Be Successful; In 2007, she found herself in a pool of blood in her home office. She had collapsed from exhaustion, cutting her eye and breaking her cheekbone in the process

Arianna Huffington Explains Why You Need More Than Money And Power To Be Successful

DRAKE BAER STRATEGY  MAR. 26, 2014, 2:22 AM

Arianna Huffington has met almost every measure of worldly success: She launched and sold the Huffington Post, pocketing $21 million. She lives in a luxury loft in Soho, one of New York’s wealthiest neighborhoods, and is a well-known media personality, followed by millions on Facebook and Twitter. Read more of this post

Marc Andreessen Calls Warren Buffett An Old White Man Crapping On Technology He Doesn’t Understand

Marc Andreessen Calls Warren Buffett An Old White Man Crapping On Technology He Doesn’t Understand

ROB WILE MARKETS  MAR. 26, 2014, 4:05 AM

Berkshire Hathaway Inc’s Warren Buffett (C) walks during a visit of TaeguTec in Daegu, about 300 km (189 miles) southeast of Seoul, October 25, 2007. Read more of this post

Microsoft Word Is Under A Hack Attack: Do Not Open Documents Named ‘.RTF’

Microsoft Word Is Under A Hack Attack: Do Not Open Documents Named ‘.RTF’

JULIE BORT ENTERPRISE  MAR. 26, 2014, 2:41 AM

Microsoft on Monday issued an emergency security warning saying that hackers have found a way to booby-trap certain common Word file with the extension”.rtf”. Read more of this post

Regulators will get the blame for the stupidity of crowds; Naivety is as much of a problem as criminality, particularly when investors lack cynicism

March 25, 2014 3:10 pm

Regulators will get the blame for the stupidity of crowds

By John Kay

Naivety is as much of a problem as criminality, particularly when investors lack cynicism

Crowdfunding has wide appeal. For libertarians on the political right it demonstrates the power of individual action, free from the constraints of institutions and regulation. For geeks it is a demonstration of the vitality of the internet. Much of the public welcomes the sidelining of traditional financial institutions. Read more of this post

Zombie hordes thrive, await further hedge fund corpses

Zombie hordes thrive, await further hedge fund corpses

Dan McCrum | Mar 25 10:14 | 4 comments Share

Part of the NO ALTERNATIVE: THE ZOMBIE HEDGE FUND INDUSTRY SERIES

Close to a tenth of all hedge funds tracked by HFR succumbed to the inevitable last year as 904 hedge funds liquidated.

Their historic performance will live on in the databases of hedge fund returns, but like more than two-thirds of all hedge funds that have ever existed, they are dead, defunct and arguing with their investors over valuations for those lingering illiquid assets. Read more of this post

Tea, sex and one last cavalry charge: The centenary of the first world war has not gone unnoticed in India

March 25, 2014 6:17 pm

Tea, sex and one last cavalry charge

By Victor Mallet in New Delhi

The centenary of the first world war has not gone unnoticed in India

India is full of surprises, and I have rarely been more surprised than to be invited, in the midst of a very 21st-century election campaign, to the British high commissioner’s residence to learn about centenary commemorations for the Indians who fought in the first world war. Read more of this post

Intel buys into Basis wearable technology

March 25, 2014 10:46 pm

Intel buys into Basis wearable technology

By Tim Bradshaw in San Francisco

Intel is stepping up its pace of progress in the wearable technology market with the acquisition of Basis Science, maker of a health-tracking watch. Read more of this post

Bonds are security blanket for investors; Fixed income plays important role in buffering risk in portfolios

March 26, 2014 6:00 am

Bonds are security blanket for investors

By Richard Madigan

Fixed income plays important role in buffering risk in portfolios

Investor patience has been tested this year. While that impatience has translated into higher asset class volatility, it is important to separate the noise coming from event risk, disparate macroeconomic data and fundamentals. Read more of this post

Modi’s silence on crony capitalism speaks volumes; Narendra Modi has said worryingly little on how he would tackle crony capitalism

March 26, 2014 2:40 am

Modi’s silence on crony capitalism speaks volumes

By James Crabtree

Narendra Modi has said worryingly little on how he would tackle crony capitalism

It is not hard to see why hopes are rising in India Inc. Polls suggest opposition leader Narendra Modi will win out in forthcoming general elections. If so, he will arrive in New Delhi brandishing a reputation that is both pro-business and anti-corruption. That combination has already sent markets soaring. Read more of this post

Investors brace for end of the biotech run

March 25, 2014 5:56 pm

Investors brace for end of the biotech run

By Andrew Ward in London and Arash Massoudi in New York

When the long bull run in biotech stocks came to a shuddering halt last week, Wall Street looked south to Capitol Hill for an explanation.

Henry Waxman, the veteran Democratic congressman, was blamed for spoiling the party after he and two colleagues wrote to Gilead Sciences questioning the $84,000-per-patient price of its new hepatitis C drug, Sovaldi.

image001-2 Read more of this post

Fonterra profits sour as Mengniu’s jump

Last updated: March 26, 2014 3:00 am

Fonterra profits sour as Mengniu’s jump

By Jamie Smyth in Canberra and Reuters

The diverging fortunes of Asia Pacific’s dairy groups came into the spotlight on Wednesday when New Zealand’s Fonterra reported a halving in first-half profits, while China Mengniu Dairy said 2013 profit jumped by a quarter year-on-year. Read more of this post

Be brave, and patient, to make a fortune in value investing

March 26, 2014 8:23 am

Be brave, and patient, to make a fortune in value investing

By John Authers

Combining two popular approaches will reward stockpickers

Fortune favours the brave. And everything comes to he who waits. In these two well-worn phrases lie differing justifications for two different approaches to value investing. Both have merit, but the trick is to combine them. Read more of this post

Partners Group, one of Europe’s largest private equity fund managers, is reorganising itself to operate more independently from its founders

March 25, 2014 6:01 pm

Founders hand more independence to Partners Group

By Anne-Sylvaine Chassany in London

Partners Group, one of Europe’s largest private equity fund managers, is reorganising itself to operate more independently from its founders. Read more of this post

London’s tech start-up competition flops

Last updated: March 25, 2014 5:37 pm

London’s tech start-up competition flops

By Robert Cookson

A competition to attract tech start-ups to London has been quietly shut down after the organisers failed to find any suitable candidates among the thousand that applied. Read more of this post