jakarta

64 ms·

1. 631.▲
   by jakarta 17y ago

   I think it's important to look at costs as investments in the business. And if that investment will not yield a good return, why make it? Buffett famously did this over at Berkshire, where he realized that there would be no future for domes
2. 632.▲
   Deficits Saved the World(krugman.blogs.nytimes.com)

   1 points by jakarta 17y ago|0 comments
3. 633.▲
   Notes from Charlie Munger's Meeting(rbcpa.com)

   1 points by jakarta 17y ago|0 comments
4. 634.▲
   Anatomy of a Miracle: US Airways Flight 1549(vanityfair.com)

   7 points by jakarta 17y ago|3 comments
5. 635.▲
   by jakarta 17y ago

   not really. typically people at these firms make most of their money from bonuses rather than salaries. Driss Ben-Brahim received a $100M bonus in 2007 from GS as a prop trader. I would guarantee his base salary is much smaller.
6. 636.▲
   Howard Marks: So Much That's False and Nutty in Finance(oaktreecapital.com)

   3 points by jakarta 17y ago|0 comments
7. 637.▲
   Warren Buffett: 2nd Stimulus Needed, Expects Longer Recession(abcnews.go.com)

   18 points by jakarta 17y ago|20 comments
8. 638.▲
   Ask HN: Well Designed Sites using the Twitter API?

   3 points by jakarta 17y ago|3 comments
9. 639.▲
   Seeking a Way to Predict Baseball Injuries(nytimes.com)

   2 points by jakarta 17y ago|0 comments
10. 640.▲
    Lebanon's drug barons vs the law(thenational.ae)

    1 points by jakarta 17y ago|0 comments
11. 641.▲
    The Man Who Crashed the World (AIG)(scribd.com)

    19 points by jakarta 17y ago|5 comments
12. 642.▲
    Macro Man: Peter Thiel(bloomberg.com)

    17 points by jakarta 17y ago|4 comments
13. 643.▲
    by jakarta 17y ago

    he's been using it since 1985: http://www.berkshirehathaway.com/letters/1985.html
14. 644.▲
    by jakarta 17y ago

    I agree, but it also helps to study others and learn from their decisions and mistakes. Buffett for instance, spent a good deal of his youth reading books about famous executives: Rockefeller, Carnegie, Vanderbilt, and so on.
15. 645.▲
    by jakarta 17y ago

    What I think is particularly interesting here is the fact that Buffett and Jobs are probably the two most prominent CEOs in America (with cultish followings) and employ styles that are almost directly opposite of each other. Buffett cultiva
16. 646.▲
    Buffett: Apple Withheld "Material Fact" On Steve Jobs Health(cnbc.com)

    47 points by jakarta 17y ago|47 comments
17. 647.▲
    by jakarta 17y ago

    I'm not sure about why Gourley is so startled by the fact that these different conflicts followed a similar pattern. Insurgencies, while caused for varying reasons and fought by different actors still utilize very similar tactics and often
18. 648.▲
    Absent Jobs, Cook Emerges as Key to Apple's Core(online.wsj.com)

    2 points by jakarta 17y ago|0 comments
19. 649.▲
    by jakarta 17y ago

    I kind of think of Starbucks as that early innovator that did a lot of footwork, (massively) introducing something new to consumers, that was ultimately destroyed by new entrants in the market. Think what AOL did with home internet access.
20. 650.▲
    Young, Urban, and Not so Tech Savvy(cnas.org)

    20 points by jakarta 17y ago|4 comments
21. 651.▲
    The Drug Lord Who Got Away(online.wsj.com)

    1 points by jakarta 17y ago|0 comments
22. 652.▲
    Wal-Mart celebrates its growing market share(money.cnn.com)

    1 points by jakarta 17y ago|0 comments
23. 653.▲
    by jakarta 17y ago

    direct link: http://gigaom.com/2009/05/28/meet-gigaom-pro-our-subscriptio...
24. 654.▲
    Notes: Peter Thiel & Others at the Ira Sohn Conference(scribd.com)

    2 points by jakarta 17y ago|0 comments
25. 655.▲
    What a Texas town can teach us about health care(newyorker.com)

    34 points by jakarta 17y ago|8 comments
26. 656.▲
    by jakarta 17y ago

    I love this quote - "Lawyers who only know a mass of legal doctrine and very little about the disciplines that are intertwined with that doctrine are a menace to the wider civilization."
27. 657.▲
    Interview with Charlie Munger(law.stanford.edu)

    5 points by jakarta 17y ago|1 comments
28. 658.▲
    Warren Buffett, Bill Gates, and Charlie Munger on Fox(streetcapitalist.com)

    1 points by jakarta 17y ago|0 comments
29. 659.▲
    by jakarta 18y ago

    Here's a Bloomberg article with his thoughts on derivatives: http://www.bloomberg.com/apps/news?pid=20601087&sid=arSa...
30. 660.▲
    The Story of Berkshire's Charlie Munger(online.wsj.com)

    10 points by jakarta 18y ago|7 comments