"Unlike the weasels who ran Merrill, Morgan, Bear & Lehman into the ground, then grabbed the cash and ran, these boys actually made their money the old fashioned way: They earned it, via outperformance."
- Hayk H.
via Bookmarklet
"Douglas Warshaw has a theory: sports fans cannot read enough of athletes’ Twitter posts, blog entries and Facebook messages, but they need a simple, centralized way to keep in touch with the expanding digital load."
- Hayk H.
via Bookmarklet
"Recently I read about a “Most Influential Books” list via Daniel Miessler’s post “Episteme”. I commented that it was a bit presumptuous to believe that the reader of the 100 list would be able to get anything out of some of the selections without other key concepts and items discussed in the previous authors’ work. For example, to make sense of Hume or Berkeley, you really need to know Aristotle’s Categories and Descartes’ Meditations. The former is not singled out and the latter didn’t make the list ( cogito ergo sum doesn’t rate? )."
- Hayk H.
via Bookmarklet
“I am more afraid of an army of 100 sheep led by a lion than an army of 100 lions led by a sheep.“ (Talleyrand)
"The Ultimatum Game, in which test subjects respond to take-it-or-leave-it offers, has allowed psychologists to explore how humans handle issues like fairness and punishment. But a new study shows some people attempt to punish even when the rules of the game are stacked in a way that makes it impossible."
- Hayk H.
via Bookmarklet
"On a sunny morning in 2001, a piece of investment plan landed on the desk of Dick Fuld, the then Chief Executive of Lehman Brothers. The document, compiled by a team of maths and physics PhDs, included a calculation to show how the bank will always end up with a profit if they invest on the real estate markets. Fuld was impressed. The next five years saw the bank borrowing billions of dollars to invest in the housing market. It worked. The housing market boom had turned Lehman Brothers from a modest firm into the world's fourth largest investment bank."
- Hayk H.
via Bookmarklet
"Travelling to Europe this summer? Want to know how to get in to the Louvre without paying a cent? Or how to get a free meal in Milan? Check out our top fifty things to do for free in Europe..."
- Hayk H.
via Bookmarklet
"By closely integrating care delivery, Kaiser Permanente delivers high-quality, cost-effective treatment. One of its senior executives outlines its approach."
- Hayk H.
via Bookmarklet
"For more than 200 years, buried deep within Thomas Jefferson's correspondence and papers, there lay a mysterious cipher -- a coded message that appears to have remained unsolved. Until now. The cryptic message was sent to President Jefferson in December 1801 by his friend and frequent correspondent, Robert Patterson, a mathematics professor at the University of Pennsylvania. President Jefferson and Mr. Patterson were both officials at the American Philosophical Society -- a group that promoted scholarly research in the sciences and humanities -- and were enthusiasts of ciphers and other codes, regularly exchanging letters about them."
- Hayk H.
"Focus is so key to the success of your online business. The hardest thing for me to deal with as an internet mentor and consultant is when a client jumps at every fly in the sky idea. Granted, we ALL WANT TO MAKE MONEY ONLINE! That’s a no-brainer! But the bottom line is, those that focus on small targeted ideas are going to get there much quicker than the “Wal-Mart” approach to starting an online business – selling anything and everything."
- Hayk H.
via Bookmarklet
"It’s true what Lisa Barone wrote: Now is the best time to start a small business. And if you do, chances are good that you’ll build a web site and use the Internet to help grow your business. Heck, the web site and Internet might actually be your business. Either way, the hard work is only beginning when your web site is done. That’s when the marketing and promotion kicks in. How would you do that? How would you spread the word about your new small business and web site?"
- Hayk H.
via Bookmarklet
"A leading arm of the United Nations working to spread the benefits of information technology today announced the launch of the first ever tuition-free online university. As part of this year’s focus on education, the UN Global Alliance for Information and Communication Technology and Development (GAID) presented the newly formed University of the People, a non-profit institution offering higher education to the masses."
- Hayk H.
via Bookmarklet