Category Archives: NoTrading

So what motivate Kobe Bryant from NBA ?

Despite spending the better part of the last two seasons recovering from a pair of injuries, Bryant is optimistic that he can close out his nearly two-decade career on a high.

Fan support for Bryant in China goes beyond mere cheering to a deeper sense of engagement.

The fan reaction to Kobe in China is different than it is in the U.S. In Shanghai, these admirers showered him with unconditional love.

Bryant’s focus at this point in his life and career is on efficiency. He knows what he needs to do to return to the level of play that expects for himself and for his team. He is also keenly aware of the importance of finding a purpose for his life beyond basketball.

While Kobe says that he and his father, Joe (Jellybean) Bryant, “couldn’t be more opposite,” the son has lately been showing the sort of joy in the game for which his father was so well known.

Bryant’s career has been marked by transformation. He began as the precocious heir to MJ, then won titles as the uneasy sidekick to Shaquille O’Neal, weathered a reputation-damaging trial for sexual assault (the charges eventually dropped) and finally emerged in 2009 as a champion again, this time on his own.

His 19th season awaits him, and Bryant appears determined to will himself and his team to a level beyond what reasonably could be expected. Beyond that, the NBA’s most fearsome competitor faces new challenges with the same fierce spirit.

Read this longform here : http://www.si.com/longform/kobe/

Related Posts

  • 60
          Motivation is a fire that must  constantly be refueled if it is to continue to burn.      
    Tags: success
  • 57
    A few weeks ago David Carr profiled Kevin Kelly on page 1 of the New York Times Business section. He wrote that Kelly's pronouncements were "often both grandiose and correct." That’s a pretty good summary of Kevin Kelly's style and his prescience. http://www.edge.org/conversation/the-technium
    Tags: #longread
  • 57
    Hayes has devoted the past fifteen years to studying atrazine, a widely used herbicide made by Syngenta. The company’s notes reveal that it struggled to make sense of him, and plotted ways to discredit him. http://www.newyorker.com/reporting/2014/02/10/140210fa_fact_aviv
    Tags: #longread
  • 57
    In Mike McQueary, some see a hero who brought down a monster. Others see a liar who railroaded a legend. At the upcoming trial that will close the book on the Jerry Sandusky scandal, Joe Paterno's former protégé will have the final word. http://espn.go.com/espn/feature/story/_/id/10542793/the-whistleblower-last-stand
    Tags: #longread
  • 56
    Graduation speeches are the last opportunity for a high school or college to educate its students. It's unsurprising, then, that these institutions often pull in some of the world's most powerful people to leave an equally powerful impression on their students. Here are the best of those speeches and some…
    Tags: success

5 Simple Notions that Help Solve Problems

Here are five simple notions, found in Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger, that Charlie Munger, the Billionaire business partner of Warren Buffett, finds helpful in solving problems.

1. Simplify

2. Numerical Fluency

3. Invert

4. Study The Basics

5. Lollapalooza Effects

http://www.farnamstreetblog.com/

Related Posts

  • 57
    Peter Lynch held a lecture (speech + Q&A) at the National Press Club on the topic, U.S. economic investments. https://www.youtube.com/watch?v=2GqVXPtx9Rw
    Tags: munger
  • 56
    This is the book that all of us that us who love the wit and wisdom of Mr. Munger have been waiting for. It's an absolutely first class production that contains biographical information on Mr. Munger and, most importantly, finally allows all of us to read and study Mr. Munger's…
    Tags: munger, study
  • 48
    The US New Home Sales report is essential for assessing the housing market's health and the overall economy. It reflects consumer confidence and economic conditions, impacting job creation and monetary policy. Influenced by interest rates, economic health, demographics, and government policies, this report illuminates broader economic trends and aids stakeholders…
    Tags: munger
  • 47
    The US Conference Board Consumer Confidence Index measures American public sentiment on economic conditions, impacting spending and growth. The index, derived from surveys, has two components: Present Situation and Expectations. High consumer confidence spurs spending, while low confidence may curtail it. Employment, economic news, and political events shape confidence, which…
    Tags: munger
  • 45
    This week promises to be another bustling period for traders and investors alike, packed with key economic indicators and earnings reports that could sway market sentiments and trading strategies. Here's a closer look at the events on the horizon: Monday: New Home Sales Data The week kicks off with the…
    Tags: munger

The Inside Story of How PayPal Ousted an Early Rival

In the early days of PayPal, its most important rival was Billpoint, a rival payment system that was a joint venture between eBay–PayPal’s most important partner–and Wells Fargo Bank. Consider the situation PayPal faced: the vast majority of its business at the time consisted of handling payments for eBay auctions, yet eBay itself owned a competitive payments business (Billpoint) that it was promoting to every single eBay user. To outside observers, the circumstances must have looked grim.

Yet as we know, PayPal triumphed over Billpoint, leading eBay to purchase PayPal for over $1.5 billion. One of the key factors was PayPal’s superior use of network intelligence. Reid led this intelligence-gathering effort for PayPal (he was executive vice president at the time) and asked all the members of the team, from executives to individual engineers, to use their network intelligence to learn about Billpoint’s strategy. Billpoint’s team, on the other hand, completely ignored the potential for network intelligence to provide insights into PayPal’s strategy.

From conversations with other companies that were building on the eBay platform such as Honesty.com and AuctionWatch (now Vendio), PayPal employees learned two key facts. First, the Billpoint team was convinced that the key success factor for an internet payments system was a deep banking relationship to combat fraud. Billpoint’s leadership felt that the Wells Fargo relationship represented an overwhelming advantage over PayPal.

Second, contrary to Billpoint’s belief, the companies on the eBay platform (and their customers) didn’t consider a deep banking relationship that relevant. They placed a far greater value on ease of use, especially in e-mail communications. Fraud prevention was a hygiene factor, not a driving force. None of this information was public, but none of it was secret either.

http://www.inc.com/ilan-mochari/reid-hoffman-excerpt.html

Related Posts

  • 82
    Intressting Jack Dorsey Interview.
    Tags: success, startup
  • 80
    Often, the only way to get ahead is to have a great plan. Which is exactly what makes the companies below so special. It's not just that they're making the big bucks (and they are doing that). This small group of companies from the Inc. 5000 class of 2014 are notable for their…
    Tags: companies, business, success, startup
  • 79
    The question of how Uber would spend its billion-dollar investment was never really much of a riddle. More rides in more places has always been the plan. But with its ten-figure cushion, the San Francisco-based ride-hailing startup can be more cunning about how it tries to get huge. Uber wants to grow…
    Tags: success, startup
  • 77
    No one ever said being an entrepreneur would be easy. A million obstacles seem to stand in the way each and every day. The naysayers and budget woes can be enough for the average person to start waving the white flag. But you are not an average person: You’re an entrepreneur.…
    Tags: business, success, startup
  • 77
    WhatsApp CEO and founder Jan Koum tweeted that the popular messaging app user-base has now been increased to 600 million. Earlier in April, it was announced that WhatsApp had 500 million active users. Surprisingly, the instant messaging space has been growing by leaps and bounds. It is worth noting that WhatsApp…
    Tags: success, startup

June 2014: Echoes of June 1914?

This week marks the centenary of the assassination of Archduke Franz Ferdinand of Austria – the key trigger for WWI leading to a conflict between European powers soon enough. A hundred years later, the world has similar echoes of the early 20th century with a major shift in global power once again occurring.

The power has shifted from the global North to the South with Asian countries such as China being primary beneficiaries, as opposed to Germany and Russia. The geo-political tensions are once again challenging key elements of the U.S-led international order. This is partly driven by rising economic power resurrecting nationalism and claims for resources shown by disputes between China, and neighboring countries.

It is in Asia where the most tension and insecurity lies in terms of potential for a great power war: there is focus on the Syrian conflict and rise of Islamic extremist group ISIS in Iraq. China’s rise is then unsettling the region and the world with dangers of miscalculation growing because of military build-ups. Even the Japanese Prime Minister has drawn parallels in the geopolitical landscape in Asia today and Europe in the eve of war in 1914. Philippine President compared Beijing’s track record of belligerent behavior with Germany expansionism in 20th century by questioning which point is actually the stopping point.

In Asia, the tensions between Japan and China, as well as between Taiwan and China, are potential triggers of conflict.

However, there exist differences making the war impossible. The memories of the two wars linger quite strongly; the emergence of Communism in Russia, and seeds of Nazis leading to WWII. The presence of nuclear power is a great brake on major power conflict. Both revisionist nations, China and Russia, and status-quo powers all possess nuclear power. Post war international institution presence, like the United Nations, is another determinant to stopping any major war from occurring. Lastly, there is a difference in the gap of power in the leading powers today which again has a great role to play.

Since WWI, when United States emerged as a super power, the country has gone through decline. purchasing power parity has shown that China is to become the biggest economy of the World. There are indications that U.S power will remain resilient for decades to come buoyed by factors such as the energy revolution which has far reaching consequences.

Overall, while another major war can not be ruled out, the prospect of this for the foreseeable future is not as high as it was 100 years ago.

Related Posts

  • 81
    For the first time, New York City has surpassed Moscow for the most billionaire residents, according to the latest global rich list from Hurun, a group that tracks wealth in China. According to Hurun, New York added 14 billionaires this year, bringing its total to 84. Moscow, meanwhile, lost a…
    Tags: china, usa
  • 68
    There are a number of reports around Wednesday that China’s economy, by one measure at least, is likely to surpass the U.S. in size sometime this year. The headlines will surprise many people, used to hearing China’s economy will overtake the U.S. sometime in the 2020s, or even later. On Wednesday,…
    Tags: china, power, usa
  • 59
    Lavrov warns West from supporting Ukrainian military action as Kiev's deadline passes for separatists to end siege of government buildings in eastern Ukraine. The White House on Monday said President Barack Obama would speak to Russian President Vladimir Putin soon, perhaps later in the day, and made clear the United…
    Tags: usa, russia
  • 57
    The yuan will be able to trade as much as 2% on either side of a daily central bank reference rate, compared with the current 1%  
    Tags: china

Digital identity cards

THE founders of the internet were academics who took users’ identities on trust. When only research co-operation was at stake, this was reasonable. But the lack of secure identification is now hampering the development of e-commerce and the provision of public services online. In day-to-day life, from banking to dating, if you don’t know who you are dealing with, you are vulnerable to fraud or deceit, or will have to submit to cumbersome procedures such as scanning and uploading documents to prove who you are.

Much work has gone into making systems that can recognise and verify digital IDs. A standard called OpenID Connect, organised by an international non-profit foundation, was launched this year. Mobile-phone operators have started a complementary service, Mobile Connect, which allows identities of all kinds to be authenticated from smartphones.

But providing a digital ID that will be widely used and trusted is far harder. Businesses can check their employees rigorously, and issue credentials for gaining access to buildings, computers and the like. But what about outside the workplace? Facebook, Google and Twitter are all trying to make their accounts a form of ID. But these are issued without verification, so pseudonyms are rife and impersonation easy.

http://www.economist.com/

Related Posts

  • 66
    Please visit the souce :: http://econbrowser.com/archives/2014/09/interpreting-the-yield-curve-some-pictures   Recently Jim highlighted the odd behavior of the various Treasury term premia. Here are some additional thoughts. First, from “Debt market goes off script” in the WSJ: Yields on short-term U.S. Treasury debt maturing in two to five years hit the highest level since…
    Tags: year, economy
  • 66
    Follow up of my post on BIG COMPANIES NOW HAVE A HAND IN THE COLLABORATIVE ECONOMY Here is one picture.
    Tags: economy
  • 66
    http://www.teslamotors.com/sites/default/files/blog_attachments/gigafactory.pdf
    Tags: economy
  • 64
    Why do we say so ? Easy money policies of recent years could lead to big problems. Warning indicators like the significant number of original general public offerings of organizations that are unprofitable, and substantial degrees of financial debt issued to firms, often with weak credit score.
    Tags: issued, public, easy, economy
  • 64
    This is a story about ARM Holdings (ARMH), the mobile technology company. But before it gets going, here are a few things you need to know: 1. ARM is a company made up mostly of chip engineers. They design parts of chips—such as graphics and communication bits—and they design entire…
    Tags: mobile, economy

Klarna is the next big thing in Internet payments

PayPal revolutionized the way we buy things online, but Klarna is the next big thing in Internet payments, according to famed venture capitalist Michael Moritz.

Moritz made early investments in Google (GOOGL, Tech30), LinkedIn (LNKD, Tech30),Yahoo (YHOO, Tech30) and eBay’s (EBAY, Tech30) PayPal. His firm, Sequoia Capital, has been investing millions in Klarna over the past few years. He is impressed with how the Swedish company’s technology makes online transactions easier, cutting out passwords and the traditionally slow registration process.

“We’ve invested in payments for a good long time and had started doing that in the 1990s,” Moritz told CNNMoney. “We had been an early investor in PayPal. But that was a long time ago. That was almost 15 years ago now. And the world moves on and changes, particularly with the advent of mobile computing … there’s a vast new landscape to conquer.”

http://money.cnn.com/

Related Posts

10 Movies Every Entrepreneur Needs to Watch

No one ever said being an entrepreneur would be easy. A million obstacles seem to stand in the way each and every day. The naysayers and budget woes can be enough for the average person to start waving the white flag.

But you are not an average person: You’re an entrepreneur. That means that even when times are tough, you’re still going to march forward.

Yet when this whole entrepreneur thing becomes overwhelming, take a break and look for some much needed motivation. And what better way to find inspiration than watching movies?

Whether it’s a heartwarming adventure, irreverent comedy or thought-provoking documentary, a film can inspire and motivate a weary business owner.

With that in mind, here are 10 movies that every entrepreneur needs to watch:  http://www.entrepreneur.com/article/234538

Related Posts

  • 85
    Intressting Jack Dorsey Interview.
    Tags: success, startup
  • 83
    The question of how Uber would spend its billion-dollar investment was never really much of a riddle. More rides in more places has always been the plan. But with its ten-figure cushion, the San Francisco-based ride-hailing startup can be more cunning about how it tries to get huge. Uber wants to grow…
    Tags: success, startup
  • 82
    Often, the only way to get ahead is to have a great plan. Which is exactly what makes the companies below so special. It's not just that they're making the big bucks (and they are doing that). This small group of companies from the Inc. 5000 class of 2014 are notable for their…
    Tags: business, find, success, startup
  • 80
      Spotify integrated with Facebook, Uber works closely with local partners, Moz built a massive community, Dollar Shave Club launched a viral video. The history of growth marketing is riddled with brilliant growth hacks. Yet so many of these growth hacks have a short shelf life. Facebook has changed it’s…
    Tags: start, find, success, startup
  • 80
    WhatsApp CEO and founder Jan Koum tweeted that the popular messaging app user-base has now been increased to 600 million. Earlier in April, it was announced that WhatsApp had 500 million active users. Surprisingly, the instant messaging space has been growing by leaps and bounds. It is worth noting that WhatsApp…
    Tags: success, startup

Boost your productivity and profits with mindfulness and meditation

Mindfulness and meditation exercises are becoming increasingly popular with businesses. What could they offer your firm? Natasha Clark investigates.

Ray Dalio, Bridgewater Associates; Steve Jobs, Mark Benioff, Salesforce.com; Oprah Winfrey, Bill Clinton, Gweneth Paltrow and Rupert Murdoch. What do all these CEOs, celebrities and influential business leaders have in common?

They all practice mindfulness and the art of meditation, and swear by its practices to make them happier, more productive and more efficient at what they do. Could it work for your business too?

Mindfulness is defined as a head and body approach to well being that can change the way you think about experiences in order to reduce stress and anxiety. In a high-pressure world of constant interconnectedness, meditation and the practice of mindfulness can calm and focus the mind and help to avoid burnout. Most people who practice meditation do so for a small amount of time each day, where they focus on the body and physical presence, and train their mind to concentrate on the present.

http://business-reporter.co.uk/

Related Posts

  • 73
    In yesterday’s column, I wrote: If you have an issue with Social Security, then fix it. The regressive taxes to fund retirement benefits top out at about $117,000 in 2014. Why not simply raise that to $250,000 next year and $500,000 during the next 20 years. Congratulations, you just made Social…
    Tags: dalio, success
  • 59
    When I graduated University with a business degree last May, I received two incredible full-time job offers, both of which I declined because I had a plan. For exactly one year, from May 1, 2013, through May 1, 2014, I would devour everything I could get my hands on about…
    Tags: productivity, productive, people, business, day, success
  • 50
          Motivation is a fire that must  constantly be refueled if it is to continue to burn.      
    Tags: success
  • 50
    I’m looking forward to sharing posts from time to time about things I’ve learned in my career at Microsoft and the Gates Foundation. (I also post frequently on my blog.) Last month, I went to Omaha for the annual Berkshire Hathaway shareholders meeting. It’s always a lot of fun, and…
    Tags: business, people, time, success
  • 48
    Graduation speeches are the last opportunity for a high school or college to educate its students. It's unsurprising, then, that these institutions often pull in some of the world's most powerful people to leave an equally powerful impression on their students. Here are the best of those speeches and some…
    Tags: people, success

Wolf of Wallstreet is paying back everyone this year.

Jordan Belfort, whose memoir “The Wolf of Wall Street” was turned into a film by Martin Scorsese, expects to earn more this year than he made at his peak as a stockbroker, allowing him to repay the victims of his fraud.

“I’ll make this year more than I ever made in my best year as a broker,” Belfort told a conference in Dubai today. “My goal is to make north of $100 million so I am paying back everyone this year.”

Belfort, a motivational speaker, will use his earnings from a 45-city speaking tour in the U.S. to repay about $50 million to investors. That was his share of the fine, he said.

U.S. stockbrokerBelfort spent 22 months in jail for money laundering and securities fraud in the 1990s after his Long Island-based Stratton Oakmont Inc. defrauded investors out of more than $200 million. That story was retold last year in a blockbuster film starring Leonardo DiCaprio.

http://www.bloomberg.com/

Related Posts

  • 68
    The largest technology stock offering in history is looming, but few in Silicon Valley seem to care. http://www.nytimes.com/
    Tags: usa
  • 68
    The dichotomy of reaction to the Trump election victory from the mainstream media versus financial markets is truly extraordinary.
    Tags: usa
  • 68
    For the first time, New York City has surpassed Moscow for the most billionaire residents, according to the latest global rich list from Hurun, a group that tracks wealth in China. According to Hurun, New York added 14 billionaires this year, bringing its total to 84. Moscow, meanwhile, lost a…
    Tags: year, city, usa
  • 58
    If Trump commits to introducing positive changes such as cutting taxes and boosting infrastructure spending, then it will be “happy days” again for investors What did portfolio managers said about Trump area? There are two spectacularly different scenarios for stocks under the new president, depending on which Trump shows up…
    Tags: will, $, street, wall, investors, usa
  • 54
      For investors, the key to 2017 will not be Brexit, nor the French elections but rather USA bond yields. If the 10-year yield breaches 3pc we would expect major dislocations in many markets and a huge repricing of assets across the globe.
    Tags: investors, will, usa, year

Big companies now have a hand in the collaborative economy

Mobile, social, and geolocation technologies have propelled collaborative commerce well beyond the realm of bartering and tag sales to impact almost every consumer sector of the economy. Big brands are now starting to invest and partner to establish a foothold in the collaborative economy.

The term “collaborative economy” refers to the growing practice of consumers serving each other directly rather than being served by companies, and paying for the use of goods rather than owning them. Mobile, social, and geolocation technologies have propelled collaborative commerce well beyond the realm of bartering and tag sales to impact almost every consumer sector of the economy, from transportation to lodging to finance. Big brands are now starting to invest and partner to establish a foothold in the collaborative economy.

http://dupress.com/

Related Posts

  • 79
    Follow up of my post on BIG COMPANIES NOW HAVE A HAND IN THE COLLABORATIVE ECONOMY Here is one picture.
    Tags: collaborative, economy, hand, companies, big
  • 74
    http://www.teslamotors.com/sites/default/files/blog_attachments/gigafactory.pdf
    Tags: economy
  • 71
    This is a story about ARM Holdings (ARMH), the mobile technology company. But before it gets going, here are a few things you need to know: 1. ARM is a company made up mostly of chip engineers. They design parts of chips—such as graphics and communication bits—and they design entire…
    Tags: mobile, economy
  • 70
    Greek debt tracker   As the government in Athens haggles with its lenders over economic reforms,Greece is running out of money. Here is what it owes in the upcoming months. http://www.ft.com/ig/sites/2015/greek-debt-monitor/
    Tags: economy
  • 70
    Why do we say so ? Easy money policies of recent years could lead to big problems. Warning indicators like the significant number of original general public offerings of organizations that are unprofitable, and substantial degrees of financial debt issued to firms, often with weak credit score.
    Tags: big, economy