Business Articles
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People often ask me about what metrics I would use to evaluate an organization’s level of “innovation”. Depending on how well I know that person, I sometimes flippantly respond with a question (or two; the first one being the more important one): Has the organization recently created an “Innovation Center” or team? This is usually…
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Google Inc. said it may leave China after an investigation found the company had been hit with major cyber attacks it believes originated from the country — a move that would amount to a high-profile rebuke of China by a major U.S. firm. Read more at the Wall Street Journal online
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Investors’ appetite for hedge-fund start-ups is slowly returning. But managers typically are raising relatively small amounts and some are granting concessions on key terms. via New Hedge Funds Start to Emerge – WSJ.com.
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An interesting article on WSJ.com: An Old-School Social Network – The Wednesday 10 – WSJ.com. Before there was Facebook, there was the Wednesday 10. In 1957, as men in their late 20s, they began meeting—initially over breakfast, then over dinners held at the Sherry-Netherland Hotel or at the Harvard Club in midtown Manhattan. Few were…
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Now, at the dawn of the 21st century, the world is looking to China to assume an unfamiliar role of global leadership. At a time when American prestige is fading, China’s status is rising. China: A Superpower Stirs – WSJ.com.
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After the stock market meltdown of the past year, financial experts from Wall Street and academia are putting more effort into bringing behavioral modeling into their complex financial calculations (NYTimes). The risk models proved myopic, they say, because they were too simple-minded. They focused mainly on figures like the expected returns and the default risk…
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Is “concentration” the new politically correct term for “big bet”? (“Concentration Proves Winner At Hedge Fund”, Heard on the Street, from today’s Wall Street Journal) This quote is straight out of a hollywood movie… Mr. Barakett is at the forefront of a new group of hedge-fund titans. He started Atticus — named after Atticus Finch,…
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The Wall Street Journal recently printed an article (entiled “Ohio Town Plans for Population Decline“) about Youngstown, OH, located about an hour away from Pittsburgh. Facing the reality of substantial population decline, loss of its tax base, and declining economy, this old steel city has decided to shrink: Faced with the devastation of Oak Hill…
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Abengoa, a Spanish energy company, has built this cool power station that harnesses the sun’s rays using a large array of mirrors. It’s right out of a James Bond or sci fi movie. In fact, I am almost positive there was a James Bond movie (or other action flick) with this same premise and same…
