It’s Time To Rethink Robert Shiller’s Famous Stock Market CAPE Ratio

It’s Time To Rethink Robert Shiller’s Famous Stock Market CAPE Ratio

SAM RO MARKETS  MAR. 12, 2014, 7:55 PM

How dare anyone challenge the sanctity of the cyclically-adjusted price-earnings (CAPE) ratio, arguably the most respected measure of stock market value. Read more of this post

Let Your Team Help You Manage Your Time

Let Your Team Help You Manage Your Time

by John Beeson  |   8:00 AM March 11, 2014

Good managers study time management techniques. They analyze their calendars and prioritize their to-do lists in an effort to eke out a few percentage points of extra personal productivity — which is all to the good. Great managers, by contrast, realize a fundamental fact: their time, not budget or staffing levels, is their scarcest resource and their team must be staffed and organized in a way that will maximize their own, personal impact. Read more of this post

GEORGE SOROS: Europe Is Just Entering 25 Years Of Stagnation

GEORGE SOROS: Europe Is Just Entering 25 Years Of Stagnation

SAM RO MARKETS  MAR. 12, 2014, 8:20 PM

George Soros talked about Ukraine and Europe with Bloomberg TV’s Francine Lacqua.

“Japan is just trying to break-out of 25 years of stagnation, where Europe is just entering,” he warned. “The European Union is not a nation. It’s an incomplete association of nations and it may not survive 25 years of stagnation” Read more of this post

The Irresistible Power of Storytelling as a Strategic Business Tool

The Irresistible Power of Storytelling as a Strategic Business Tool

by Harrison Monarth  |   9:00 AM March 11, 2014

It’s not often that you hear Budweiser and Shakespeare mentioned in the same breath. But according to new research from Johns Hopkins University, the Bard’s deft application of storytelling techniques featured prominently in the beer company’s Super Bowl commercial. Read more of this post

Should Big Companies Give Up on Innovation?

Should Big Companies Give Up on Innovation?

by Scott Anthony  |   10:00 AM March 11, 2014

“Why bother?”

It’s a common question thrown at me by entrepreneurs, venture capitalists, or the more cynically minded corporate leaders. Read more of this post

How to Have a Eureka Moment

How to Have a Eureka Moment

by David Burkus  |   1:00 PM March 11, 2014

In the ancient world, the Greeks believed that all great insights came from one of nine muses, divine sisters who brought inspiration to mere mortals. In the modern world, few people still believe in the muses, but we all still love to hear stories of sudden inspiration. Like Newton and the apple, or Archimedes and the bathtub (both another type of myth), we’re eager to hear and to share stories about flashes of insight. Read more of this post

Candy Crush Saga developer to make history when it floats on stock market; Games studio King Digital will be Britain’s most valuable publicly listed internet company after pricing New York IPO at $7.6bn

Candy Crush Saga developer to make history when it floats on stock market

Games studio King Digital will be Britain’s most valuable publicly listed internet company after pricing New York IPO at $7.6bn

Juliette Garside

theguardian.com, Wednesday 12 March 2014 15.28 GMT

An average of 144 million people were daily players of Candy Crush Saga and other King Digital games in February 2014.  Read more of this post

Assess Your CEO’s Strategic Fit Over Time

Assess Your CEO’s Strategic Fit Over Time

by Marc Effron and Miriam Ort  |   9:00 AM March 12, 2014

Roger Federer can arguably be considered the greatest tennis player of all time, having won 16 Grand Slam titles—and yet he lost every French Open Championship he played against Rafael Nadal.  Few would suggest that Nadal was a better overall tennis player. But on the clay courts of Paris’ Roland Garros stadium, he was the best player. And even though no one would deny Roger Federer’s overall tennis prowess, no one expects that he would win in every conceivable situation. So why do we assume that our CEOs will? Read more of this post

Our economic yardsticks are broken – they offer no warning of catastrophe; The government’s central measure of success should be improvements in the incomes of typical families, not GDP

Our economic yardsticks are broken – they offer no warning of catastrophe

The government’s central measure of success should be improvements in the incomes of typical families, not GDP

Andrew Harrop

theguardian.com, Wednesday 12 March 2014 09.00 GMT

In next week’s budget the chancellor, George Osborne, will announce the best economic headlines for years: solid economic growthfalling unemployment and low inflation. But headlines can deceive: the last time the main economic indicators were this good was 2007 and we know what happened next. Read more of this post

Manchester is nurturing tech entrepreneurs with big ambitions

Manchester is nurturing tech entrepreneurs with big ambitions

With numerous tech events taking place and plenty of entrepreneurial spirit, the city has many advantages for startups

Jon Card

Guardian Professional, Wednesday 12 March 2014 10.55 GMT

Mancunians are well known for singing their city’s praises. They will often tell you they love Manchester and can effortlessly provide you with a list of reasons why you should too. In recent years, a steady line of successful pop acts and triumphant football matches have done the city’s story no harm either. Manchester’s inherent chutzpah helped the city to combat its post-industrial malaise and brought major events, such as the 2002 Commonwealth Games to the city, gaining it a significant legacy infrastructure. A more recent campaign coup was to bring the BBC and the resulting Media City into nearby Salford. Read more of this post

Tesco chief plays down fall in market share to near 10-year low

Tesco chief plays down fall in market share to near 10-year low

Philip Clarke admits Tesco has an image problem but insists: ‘It’s not about market share in the short or medium term’

Sarah Butler

theguardian.com, Wednesday 12 March 2014 12.06 GMT

Tesco boss Philip Clarke has played down the supermarket’s fall in market share to a near decade low, saying he is building the health of the business for the long haul. Read more of this post

Bill Gross’ $200m pay ‘not appropriate’, says PIMCO trustee; William Popejoy blasts boss of world’s largest bond fund, saying Bill Gross’ salary could pay for 2,000 teachers

Bill Gross’ $200m pay ‘not appropriate’, says PIMCO trustee

William Popejoy blasts boss of world’s largest bond fund, saying Bill Gross’ salary could pay for 2,000 teachers

By Katherine Rushton

4:50PM GMT 11 Mar 2014

Bill Gross is under pressure on a new front, after one of the trustees of his Pacific Investment Management Company said he is overpaid. Read more of this post

China’s public sector debt needs to be dealt with “immediately”, according to former Treasury minister Lord Sassoon

Lord Sassoon: China needs to resolve its debt

China’s public sector debt needs to be dealt with “immediately”, according to former Treasury minister Lord Sassoon

By Olivia Goldhill

2:03PM GMT 12 Mar 2014

China’s debt issues are the country’s biggest economic concern and need to be tackled, former Treasury minister and chairman of the China-Britain Business Council Lord Sassoon has said. Read more of this post

The Copper Market Meltdown Isn’t Just About China Slowing Down

The Copper Market Meltdown Isn’t Just About China Slowing Down

MAMTA BADKAR MARKETS  MAR. 12, 2014, 10:39 PM

Copper prices have been melting down.

Shanghai-traded copper futures fell over 5% on Wednesday hitting their lowest level since July 2009. Copper prices are down 8.2% in the last three trading sessions on the London Metal Exchange. Read more of this post

TARTUP CEO: The Secret To Success Is Never Telling A Lie

STARTUP CEO: The Secret To Success Is Never Telling A Lie

JENNA GOUDREAU CAREERS  MAR. 12, 2014, 11:36 PM

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Rebekah Campbell, founder and CEO of Posse

How many lies do you tell a day? Perhaps white lies to save an employee’s feelings, exaggerations to make yourself look better in front of your boss, or cherry picking the truth when dealing with clients? How many lies a day do you tell yourself? Read more of this post

The 17 Equations That Changed The Course Of History

The 17 Equations That Changed The Course Of History

ANDY KIERSZ FINANCE  MAR. 12, 2014, 11:38 PM

Mathematics is all around us, and it has shaped our understanding of the world in countless ways.

In 2013, mathematician and science author Ian Stewart published a book on 17 Equations That Changed The World. We recently came across this convenient table on Dr. Paul Coxon’s twitter account by mathematics tutor and blogger Larry Phillips that summarizes the equations. (Our explanation of each is below): Read more of this post

How China’s official bank card is used to smuggle money

How China’s official bank card is used to smuggle money

Tue, Mar 11 2014

By James Pomfret

MACAU (Reuters) – Growing numbers of Chinese are using the country’s state-backed bankcards to illegally spirit billions of dollars abroad, a Reuters examination has found. Read more of this post

Modi’s silence on foot soldiers who act in his name is disturbing

Modi’s silence on foot soldiers who act in his name is disturbing

Sagarika Ghose
March 11, 2014

First Published: 23:40 IST(11/3/2014)
Last Updated: 12:25 IST(12/3/2014)

General elections! Yet rendered somewhat joyless by the creeping authoritarianism which seems to have taken hold across the political spectrum. Students who cheered Pakistan at a cricket match were charged with sedition. Journalists have been threatened with physical attack on social media for expressing contrarian political views. On the day polls were announced political parties engaged in street battles. A politician visiting the state that prides itself on stable governance had his car windows broken. Read more of this post

Alibaba and the 40 cannibals; In the US, it took about five years for 10% of total customer funds (deposits plus MMFs) to be disintermediated by MMFs

Alibaba and the 40 cannibals

David Keohane | Mar 12 10:26 | Comment Share

So. Alibaba’s Yu’e Bao and its internet Money Market Fund ilk are good, particularly if you are in favour of deposit liberalisation in China, say, in 1-2 years. As Lex said, Yu’e Bao is sneaking market-priced bank capital into a closed system. Read more of this post

Why an extra $26 a month may decide fate of Abenomics

March 12, 2014 6:28 am

Why an extra $26 a month may decide fate of Abenomics

By Jonathan Soble in Tokyo

Will they or won’t they? Observers of Japan’s economy have been asking that soap-opera-fan question for months. Will Japanese companies, basking in record profits thanks to a weak yen, pass the wealth on to their employees by increasing their pay? Read more of this post

Alibaba buys majority stake in ChinaVision; Most of Alibaba’s recent acquisitions have been intended to shore up perceived weaknesses ahead of the IPO, mainly in the area of mobile internet

March 11, 2014 2:43 pm

Alibaba buys majority stake in ChinaVision

By Charles Clover in Beijing

Alibaba, China’s ecommerce giant, has paid more than $800m for a majority stake in Hong Kong-listed ChinaVision Media Group, continuing a string of acquisitions that total nearly $3bn over the past year. Read more of this post

Designing the corporate headquarters can be pricey

March 10, 2014 4:56 pm

Designing the corporate headquarters can be pricey

By Andrew Baxter

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Making a point: inside the Infosys campus in the Electronic City of Bangalore

Occupying a prime corner location on the Avenue des Champs-Elysées, Louis Vuitton’s Paris flagship store is pink and elegant, its terraced upper floors enhancing an aesthetic effect that says wealth, luxury and opulence to anyone passing by. Read more of this post

Hegarty on Creativity by Sir John Hegarty; “Creativity isn’t an occupation. It’s a preoccupation.”

March 12, 2014 3:45 pm

Hegarty on Creativity by Sir John Hegarty

By Henry Mance

Welcome back, vanity publishing – we have missed you. For a moment it looked like the concept would die in a digital age that gives everyone a platform for self-promotion. But rest assured, it is back with some new tricks. Read more of this post

Indonesian middle class spending offsets falling commodity prices

March 12, 2014 5:23 am

Indonesian middle class spending offsets falling commodity prices

By Ben Bland in Balikpapan

Balikpapan on the island of Kalimantan should by rights be feeling the chill winds of China’s economic slowdown. As Indonesia’s coal capital it has – like other major commodity producing nations from Australia to Brazil – seen prices of key exports tumble over the last couple of years. Read more of this post

The secret life of start-ups in Kansas City; Kansas City – often referred to locally as “KC” – has a history of entrepreneurship

LET’S LAUNCH IN…

March 11, 2014 4:04 pm

The secret life of start-ups in Kansas City

By Jonathan Moules

Kansas City – often referred to locally as “KC” – has a history of entrepreneurship. Hallmark Cards launched here in 1910, shortly before the United Telephone Company, which later became the telecoms group Sprint. These foundations are now being built on by some of the US’s most respected start-up enthusiasts. Read more of this post

Here’s how China can extend its soft power; The country should train thousands of teachers to turn Mandarin into a world language

March 12, 2014 3:13 pm

Here’s how China can extend its soft power

By Michael Skapinker

The country should train thousands of teachers to turn Mandarin into a world language Read more of this post

Economic abstractions conceal the true contours of human life; No mathematical model can describe ‘the world as it really is’

March 11, 2014 6:50 pm

Economic abstractions conceal the true contours of human life

By John Kay

No mathematical model can describe ‘the world as it really is’

In Alan Greenspan’s recently published book, he argues that the economist’s assumption of rationality is inadequate to describe human behaviour, and that banks that are too big to fail are too big. These are not novel opinions; what is – mildly – significant is that it is Mr Greenspan who is expressing them. The former US Federal Reserve chairman also claims that government spending on Social Security and Medicare, the healthcare programme for the elderly, is drawn more or less dollar for dollar from business investment. And he thinks that economic forecasting is difficult. Read more of this post

Many active managers cannot justify fees; Study finds ‘closet indexing’ is rife in US active funds

March 12, 2014 10:39 am

Many active managers cannot justify fees

By John Authers

Study finds ‘closet indexing’ is rife in US active funds

How active is your fund manager, and what chance do they really have of beating the market? Read more of this post

The care conundrum – how to pay for your old age

March 7, 2014 6:36 pm

The care conundrum – how to pay for your old age

By Norma Cohen, Demography Correspondent

Longer lives are perhaps the greatest achievement of the past 50 years. Lives that, on average, see men and women carried more than two decades past what has long been the benchmark age of retirement have opened up new avenues for pleasure and personal fulfilment that were once unimaginable. Read more of this post

MSCI hopes to include Chinese A-shares in its flagship emerging markets index as early as next year, the latest sign of the increasing openness of mainland markets to global investors

March 12, 2014 11:58 am

MSCI eyes listing of China A-shares next year

By Josh Noble in Hong Kong

MSCI hopes to include Chinese A-shares in its flagship emerging markets index as early as next year, the latest sign of the increasing openness of mainland markets to global investors. Read more of this post