The face of the economy created expansive growth at Harvard University. The endowment as well as the faculty and its initiatives have greatly changed. It will be interesting to see how Drew Gilpin Faust will shift the focus of the institution. Advertisements
1. A Paul Tudor Jones Documentary. 2. An Island on the brink 3. “Everything that is imagined can happen at least once.” – Saul Bellow
Stretching the meaning of words in Arabic will result in stretching it’s meaning as well. The resultant effect may be to stretch the definition to the point of obscurity.
New York has a unique ability to participate and innovate during a crisis. While the current recession has dampened the appeal of finance, the city’s diversity, location and human capital will allow it to thrive no matter what tomorrow may bode.
Britain (1900) Richest in the world Largest military Center of world business and finance Strongest education system Currency the world standard of value Highest standard of living What can we learn from this?
The notion that financial firms were in desperate need of funding seems to be a matter of perception. The prince is always poorer than the pauper in his own eyes.
1. Things I’ve Learned in My Life So Far 2. The Post-It Note Aesthetic 3. “We become what we think about all day long.” – Earl Nightingale
Goldman Sachs reported the largest quarterly earnings in their history. While it’s highly unlikely that a monkey can run the institution, I do wonder whether its employees are bright beyond compare or is it pushed along by governmental forces. Either way, it seems as though the whispers of GS becoming an investment bank are growing louder.
1. Time and space for independent thought can only enhance one’s efforts in finding a solution. 2. Collaboration is but one of many drivers of change. 3. “People mistakenly assume that their thinking is done by their head; it is actually done by the heart which first dictates the conclusion, then commands the head to provide the reasoning that will […]
The year to date US budget deficit crossed 1 trillion today. That is the equivalent of every adult in the world buying a 16GB iPhone on credit.
Robert Shiller grounds his ideas in behavioral economics which is a burgeoning field of study. The financial crisis is coming along exactly as it should be yet people feel the need to act based on details instead of the overall picture. A firm belief in the U.S. financial system will carry us through these times, not a remedy that covers […]
It’s awesome how AIG Financial Products (A.I.G.F.P.) was a perfectly built tool to evade regulators and cause ever-increasing amounts of risk. Joe Cassano played the role of King and pawn perfectly.
An era has passed. Robert Strange McNamara died at the age of 93. It comes as no coincidence that his middle name occupies the life that Mr. McNamara had led. His life is not a history of himself but also that of America. His 2004 documentary, The Fog of War, is an amazing introduction into the sheer authority and power […]
1. Persuasion is useful for success. 2. Be the Change You Want to See in the World. 3. “Let me issue and control a nation’s money and I care not who writes the laws” – Mayer Amschel Rothschild.
Modern marketing seems to gravitate towards brevity which doesn’t always translate into the soul of wit. The move by Liberty Mutual Insurance to weave it’s message into an entire episode of Kings is another example of how marketing tools create an endless array of wonder.
Nicholas Kristof explains to us what Nassim Taleb coined to be the “Black Swan.” We overemphasize immediate threats/rewards while events in the future are treated in a non-chalant manner. An unfortunate but necessary skill which has helped us evolve but is disadvantageous in today’s environment.