Umalu

14 ms·

91.
by Umalu 16y ago
This is a good story but it is not true. See snopes: http://www.snopes.com/history/american/gauge.asp .
92.
by Umalu 16y ago
You make useful points. The efficient market hypothesis, particularly in its stronger forms, is in retreat. Value investors like Buffett are a big reason for this. But... for most people without the skill or the time to find the next great
93.
by Umalu 16y ago
Barnes & Noble is doing better than Borders, but I don't think it is doing "just fine." B&N has been losing money in recent quarters and, while its Nook is a more successful e-reader than the Borders Kobo, it is still far behind the
94.
by Umalu 16y ago
Borders leases all its stores. It has about $1.3 billion in liabilities ($350 million in debt, $620 million in payables and another $350 million in other long-term liabilities). In the most recent quarter for which it reported results, it l
95.
Best Scientific Paper Comment-and-Reply Ever(wired.com)
2 points by Umalu 16y ago|0 comments
96.
by Umalu 16y ago
Problem is if borders declares BK, it will wipe out your equity and give control to creditors. If you thought BK likely, better strategy may be to buy debt if you can.
97.
by Umalu 16y ago
Equity is worth $80 million (and dropping). A buyer would also have to deal with about $500 million in debt, probably repay it.
98.
by Umalu 16y ago
Pomplamoose is a musical act that seems to have attained a level of success primarily through YouTube and commercials (recent holiday Hyundai ad) instead of touring.
99.
by Umalu 16y ago
Sufjan Stevens seems to have built a reasonably successful music career without having a major label deal. His CDs are issued by an indie label (Asthmatic Kitty) he reportedly co-owns with his stepfather ( http://en.wikipedia.org/wiki/Asthm
100.
by Umalu 16y ago
The $88 billion market cap for Goldman Sachs is the value of all GS shares, including those held by insiders. So if you could buy $50 billion of GS shares at the current price, you'd own about 57% of the company.
101.
by Umalu 16y ago
Presumably at places like MIT the credential value of a degree is still worth a lot, particularly for those looking for careers in credential-reliant sectors such as academia, but one wonders for how long second- and third-tier institutions
102.
How to Pick the Perfect Brand Name(fastcompany.com)
1 points by Umalu 16y ago|0 comments
103.
by Umalu 16y ago
Chris Wickham's recent book "The Inheritance of Rome: Illuminating the Dark Ages 400-1000" shines a light on this oft misunderstood period, showing ways in which it was darker and ways in which it was lighter.
104.
by Umalu 16y ago
Although the SEC considers itself the "investor's advocate," it usually steps back and allows "accredited investors" and "qualified purchasers" (terms it uses for "rich investors") to invest on their own. So if Goldman Sachs and its clients
105.
by Umalu 16y ago
Poor Charlie's Almanack collects many of Munger's best speeches. You can find some of them on the web (here is a transcript of his famous "Psychology of Human Misjudgment" speech: http://www.rbcpa.com/Mungerspeech_june_95.pdf ); read one a
106.
by Umalu 16y ago
An increase in life expectancy and a decline in birth rates means that population increases in the near future will more and more be in the form of people living longer, rather than increases in the number of new people. After a while the d
107.
by Umalu 16y ago
I was an audiophile until I realized I couldn't upgrade the key component in my system: my ears.
108.
by Umalu 16y ago
If that is important to you, you can make it clear to the investors before they come in, and get them to agree to limit their ability to remove you from the board and from your position running the company. This can be done in a shareholde
109.
by Umalu 16y ago
Ultimately the directors are always elected by the shares, and unless there is something really strange about the voting rights, someone owning a controlling interest in the shares should be able to control election to the board, which in t
110.
by Umalu 16y ago
If you own 90% of the stock you should be able to remove or replace all the directors, and once you do that your new directors can rehire you. There may be a lag if the company's charter prohibits shareholders from acting by written consent
111.
by Umalu 16y ago
I would think Google's wet dream is a world in which ultra-high speed internet access is available everywhere at low or no cost to the user, and I would expect Google to be thinking hard about how to help make that a reality. Today cellular
112.
by Umalu 16y ago
Admittedly, my comment itself was superficial and broad-brushed, but I still have a hard time seeing our world, even accepting the truth of the author's premises, becoming anything evenly remoting resembling the 12th century world. So much
113.
by Umalu 16y ago
If you ignore the millions of ways the world has changed since the 12th century, and focus only on one superficial broad-brushed similarity, then this article is persuasive. Otherwise, not.
114.
by Umalu 16y ago
Years ago Paul Krugman wrote one of the best explanations of international trade and why so much of it is so counterintuitive so many: http://web.mit.edu/krugman/www/ricardo.htm .
115.
by Umalu 16y ago
Today no one pays tax on stock until they sell it. What this guy seems to be proposing is that no one except founders pays tax on stock until they sell it. He calls that "distributive justice" but I have a hard time seeing the justice in ta
116.
Richard Dawkins on his lifelong love of the King James Bible(newstatesman.com)
15 points by Umalu 16y ago|0 comments
117.
by Umalu 16y ago
I agree. We do not compete as "Americans" vs. "Indians" or "Chinese." We compete as firms and products vs. each other. I guess it is not surprising that an article in Foreign Policy would see the world exclusively in the form of nation vs.
118.
by Umalu 16y ago
"Since the 1970's, not much as changed." Oh, really? "But human life expectancy hasn't changed at all, really..." Since 1970 US life expectancy at birth has increased about 5-7 years: http://www.cdc.gov/mmwr/preview/mmwrhtml/mm5414a6.htm
119.
by Umalu 16y ago
This article is from 1999. The JamCracker mentioned in the article is probably the same JamCracker you worked with.
120.
by Umalu 16y ago
11. Overuse of the verb "fail" as a noun.

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