Feeds:
Posts
Comments

Posts Tagged ‘Business’

Derivatives are dangerous.  They have dramatically increased the leverage and risks in our financial system.  They have made it almost impossible for investors to understand and analyze our largest commercial banks and investment banks.
    —     Warren Buffett
.
On This Day In:
2020 Explaining And Gilding
That Way
2019 Lead To Action
2018 Listen And See
2017 The Big Illusion
2016 What Are You Thinking About?
2015 What The Framers Chose
2014 Lost Anything Lately?
A Life Of Science
2013 Serve The World
2012 Acquaintance, n.
2011 On Why His Father Was A Great Teacher
A Baker’s Dozen

Read Full Post »

…We have no idea – and never have had – whether the market is going to go up, down, or sideways in the near- or intermediate term future.
What we do know, however, is that occasional outbreaks of those two super-contagious diseases, fear and greed, will forever occur in the investment community.  The timing of these epidemics will be unpredictable.  And the market aberrations produced by them will be equally unpredictable, both as to duration and degree.  Therefore, we never try to anticipate the arrival or departure of either disease.  Our goal is more modest: we simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
    —    Warren Buffett
.
On This Day In:
2020 BLM
2019 Courage And Patience
2018 Push The Envelope
2017 Ents
2016 Are You Sure?
2015 Distracted
2014 What It Takes
2013 We Are
2012 Utopian
2011 Seen Any Black Swans Lately?

Read Full Post »

Risk comes from not knowing what you’re doing.
    —    Warren Buffett
Price is what you pay.  Value is what you get.
    —    Warren Buffett
Rule No.1:  Never lose money.  Rule No.2:  Never forget rule No.1.
    —    Warren Buffett
In the business world, the rearview mirror is always clearer than the windshield.
    —    Warren Buffett
.
On This Day In:
2018 Change Happens
Day 13: Ginger / Mint Relief
2017 Still Removing Bricks
2016 Namaste
2015 Still Learning
2014 Dark Processes
2013 To The Last Link
2012 Slept In Again
2011 Home Again, Naturally
2009 Thoughts after a long day of OT…

Read Full Post »

The factory of the future will have only two employees, a man and a dog.  The man will be there to feed the dog.  The dog will be there to keep the man from touching the equipment.
    —    Warren Bennis
.
On This Day In:
2016 Cast Out
2015 Small Pieces
Happy Father’s Day!
2014 Uncertain Work
2013 Unpatriotic And Servile
2012 What Price Freedom?
2011 Particular Importance
Three From Bette…

Read Full Post »

Yet hiring managers, VCs, and tech-focused talent agencies worship at the altar of the A-player, assuming that they need a fleet of superstars to build a great company.  And they’re willing to steal them, if necessary.  …   After all, exceptional employees aren’t just a little bit better than the average worker.  They’re 1,000 times better.  They’re more productive, more creative … more everything.  We should shower them with money and perks and do whatever it takes to keep them happy.  Right?
Wrong.  Companies are better served when they double down on cultivating in-house talent instead.  Sure, superstar workers exist.  And yes, they can be extremely productive and beneficial to a company’s bottom line.  But their stardom is frequently context-­specific, and it doesn’t always survive the transfer.  When Harvard Business School professor Boris Groysberg looked at the talent portability of 1,052 rock-star financial analysts, he found that about half did poorly in the year following their switch.  And those whose work suffered never recovered.
Star talent is partly innate, sure, but it’s also linked to specific teams and projects or just the culture of a company.  As Jeffrey Pfeffer, a professor of organizational behavior at Stanford, puts it: “People’s performance is a function not just of their individual abilities but also of the systems in which they work.”  Talent, it seems, really hates to move around.
    —    Bryan Gardiner
From the article: “Forget Stars — Companies Do Best When They Grow Their Own Talent
Appearing in Wired Magazine, dtd: July 2016
The following is a link to the original article:  http://www.wired.com/2016/07/forget-stars-companies-best-grow-talent/
.
On This Day In:
2016 Looking To November
2015 It Isn’t The End
Prospero’s Precepts
2014 Friends
2013 Learning Bitter
2012 Remembrance, Minstrels & Going Off To War
May I Have More Happiness, Please?
2011 There Is No God, But God
2010 Another Running Book…

Read Full Post »

%d bloggers like this: