jerryking + best_of   138

Companies should learn from history to avoid repeating mistakes of the past
September 27, 2019 | The Globe and Mail | by HARVEY SCHACHTER.

Those who cannot learn from history are doomed to repeat it. -George Santayana
If you want to improve your knowledge of business history, two good places to start might be Prof. Martin’s books, From Wall Street to Bay Street, the first overview of the Canadian financial system in half a century, co-written with Christopher Kobrak, and Relentless Change, the only case book for the study of Canadian business history. Beyond that, here’s three others he suggests you could benefit from:

* Northern Enterprise: Five Centuries of Business History by Michael Bliss;
* Historical Atlas of Canada, Volumes I to III with different editors;
* Madisson Database Project 2018 by The Groningen Growth and Development Centre, Faculty of Economics and Business, University of Groningen, The Netherlands.

Joe Martin, a professor of Canadian business history and strategy at Rotman School of Management, is on a mission. He believes Canadians lack sufficient knowledge of history in general and business history in particular. But rather than seize upon Santayana’s famed quote about the value of history, he points to an anonymous businessman who said, “I study history so I can make my own mistakes.”.....We fail in business schools, where virtually no courses are offered (other than at Harvard Business School, which has included history programs since its founding in 1908 and now has about 20 historians affiliated to the school). And we fail in corporations, where new leaders think history begins with their ascension and the few histories produced on the organization tend to be heavily sanitized....Certain themes recur in business history, of course. Recessions are one. Some signs suggest we may be on the cusp of one now, but each time they hit many corporate leaders seem flabbergasted, as if nobody ever experienced this situation before....Then there’s boom-and-bust. In the dot-com heyday of the late 1990s, Prof. Martin notes in an interview, he was chairman of Angoss Software Corp. and watching his net worth go up $250,000 a week. It was glorious until it started going down $250,000 a week. It seemed new, but history is littered with equivalent situations. .....At the core of understanding the history of our economy should be the baseball diamond growth model developed at the Stern School at New York University. At home plate is government because an effective political system enables economic growth. First base is a sound financial system, to allow growth. At second base are enterprising entrepreneurs to build upon that. Third base is for sophisticated managers of large corporations......As for corporate histories, he prefers them done by historians, with full access to the material, including key players. ....“Learn from history so you don’t repeat the mistakes of the past. That’s critical,”
best_of  boom-to-bust  books  business_archives  business_history  Canada  Canadian  dotcom  Harvey_Schachter  history  Joe_Martin  lessons_learned  Michael_Bliss  quotes  recessions  Rotman 
23 days ago by jerryking
Opinion | The Whistle-Blower’s Guide to Writing
Sept. 27, 2019 | The New York Times | By Jane Rosenzweig. Ms. Rosenzweig is the director of the Writing Center at Harvard.
active_voice  best_of  brevity  clarity  complaints  concision  focus  high-quality  howto  impeachment  intelligence_analysts  memoranda  persuasion  presentations  purpose  self-organization  topic_sentences  writing 
24 days ago by jerryking
10 Best Rum Brands 2019 - What Rum Bottles to Buy Right Now
MAY 31, 2019 | Esquire | BY JONAH FLICKER.

When you think of a Dark ‘n Stormy, Goslings would like you to think of its rum and its rum alone. In fact, the brand has trademarked the cocktail’s name, insisting that it must be made with Goslings Black Seal rum and Goslings ginger beer. Of course, you’ll (probably) be safe making it with whatever rum you fancy at home. There is a reason Goslings is as popular as it is: It’s cheap and it goes down easy. Goslings doesn't have a distillery; instead, the Bermuda-based company sources barrels from other countries, ages and blends in Bermuda, and ships the rum to Kentucky for bottling. The rum in Black Seal is aged in bourbon barrels for several years, but that dark color is amplified by the addition of molasses from one of the distillates in the final blend, according to Malcolm Gosling. If you’re looking for something more complex, check out Papa Seal Single Barrel, a 15-year-old rum bottled from just 12 barrels that was released last fall.
best_of  drinks  brands  liquor  rum 
june 2019 by jerryking
The Best Type of Exercise to Burn Fat
Feb. 27, 2019 | The New York Times | By Gretchen Reynolds.

A few minutes of brief, intense exercise may be as effective as much lengthier walks or other moderate workouts for incinerating body fat.... super-short intervals could even, in some cases, burn more fat than a long walk or jog, but the effort involved needs to be arduous......high-intensity interval training, which typically involves a few minutes — or even seconds — of strenuous exertion followed by a period of rest, with the sequence repeated multiple times. Most H.I.I.T. workouts require less than half an hour, from beginning to end (including a warm-up and cool-down), and the strenuous portions of the workout are even briefer......studies show that interval workouts can improve aerobic fitness, blood sugar control, blood pressure and other measures of health and fitness to the same or a greater extent than standard endurance training, such as brisk walking or jogging, even if it lasts two or three times as long....the most common question..... is whether they also will aid in weight control and fat loss....Plan your workouts around your preferences and schedules, he says, and not concerns about which type of exercise might better trim fat.
aerobic  arduous  best_of  cardiovascular  exercise  fat-burning  fitness  high-impact  high-intensity  interval_training  endurance 
february 2019 by jerryking
Opinion | The Sidney Awards, Part II - The New York Times
By David Brooks
Opinion Columnist

Dec. 27, 2018

The essay is part of the second batch of this year’s Sidney Awards, which I give for outstanding long-form journalism.

From The New Yorker, I recommend Dexter Filkins’s “A Saudi Prince’s Quest to Remake the Middle East.” In one essay, Filkins weaves together the Middle East’s geostrategic situation, its economic situation and how each of the major players, from Jared Kushner to Iran, is grasping for something. It’s all built around a profile of Mohammed bin Salman, the young Saudi leader.......In “The Constitution of Knowledge,” in National Affairs, Jonathan Rauch argues that the marketplace of ideas is like a funnel. Millions of people float millions of hypotheses every day. Society collectively tests these ideas, bats them around or ignores them, and only a tiny few make it out the narrow end of the funnel, where they are declared useful or true.....Chinese art prices are through the roof. In 2010, a vase with a starting price of $800,000 sold in a suburban London auction for $69.5 million. Coincidentally, Chinese art is now routinely looted from Western art museums. In “The Great Chinese Art Heist,” in GQ, Alex Palmer walks us through these “Mission Impossible”-style robberies. He also captures the nationalist fervor driving the frenzy.......“Man-eaters” in The Ringer, in which Brian Phillips explains: “The arrival of a tiger, it’s true, is often preceded by moments of rising tension, because a tiger’s presence changes the jungle around it, and those changes are easier to detect. Birdcalls darken. Small deer call softly to each other. Herds do not run but drift into shapes that suggest some emerging group consciousness of an escape route.”
best_of  David_Brooks  heists  journalism  MbS  Sidney_Awards 
january 2019 by jerryking
Opinion | The Sidney Awards, Part I
Dec. 24, 2018 | The New York Times| By David Brooks, Opinion Columnist
David_Brooks  best_of  Sidney_Awards 
december 2018 by jerryking
How Financial Products Drive Today’s Art World
July 20, 2018 | The New York Times | By Scott Reyburn.

How does one invest in art without going through the complications of buying and owning an actual artwork?

That is the question behind financial products for investors attracted by soaring art prices but intimidated by the complexity and opacity of the market..... entrepreneurs are trying to iron out the archaic inefficiencies of the art world with new types of financial products, particularly the secure ledgers of blockchain...... “More transparency equals more trust, more trust equals more transactions, more transactions equals stronger markets,” Anne Bracegirdle, a specialist in the photographs department at Christie’s, said on Tuesday at the auction house’s first Art & Tech Summit, dedicated to exploring blockchain......blockchain’s decentralized record-keeping could create a “more welcoming art ecosystem” in which collectors and professionals routinely verify the authenticity, provenance and ownership of artworks on an industrywide registry securely situated in the cloud...... blockchain has already proved to be a game-changer in one important area of growth, according to those at the Christie’s event: art in digital forms.

“Digital art is a computer file that can be reproduced and redistributed infinitely. Where’s the resale value?”.....For other art and technology experts, “tokenization” — using the value of an artwork to underpin tradable digital tokens — is the way forward. “Blockchain represents a huge opportunity for the size of the market,” said Niccolò Filippo Veneri Savoia, founder of Look Lateral, a start-up looking to generate cryptocurrency trading in fractions of artworks.

“I see more transactions,” added Mr. Savoia, who pointed out that tokens representing a percentage of an artwork could be sold several times a year. “The crypto world will bring huge liquidity.”......the challenge for tokenization ventures such as Look Lateral is finding works of art of sufficient quality to hold their value after being exposed to fractional trading. The art market puts a premium on “blue chip” works that have not been overtraded, and these tend to be bought by wealthy individuals, not by fintech start-ups.....UTA Brant Fine Art Fund, devised by the seasoned New York collector Peter Brant and the United Talent Agency in Los Angeles.

The fund aims to invest $250 million in “best-in-class” postwar and contemporary works,...Noah Horowitz, in his 2011 primer, “Art of the Deal: Contemporary Art in a Global Financial Market,”.... funds, tokenization and even digital art are all investments that don’t give investors anything to hang on their walls.

“We should never forget that in the center of it all is artists,”
art  artists  art_advisory  art_authentication  art_finance  auctions  authenticity  best_of  blockchain  blue-chips  books  Christie's  collectors  conferences  contemporary_art  digital_artifacts  end_of_ownership  fin-tech  investing  investors  opacity  post-WWII  provenance  record-keeping  scarcity  tokenization  collectibles  replication  alternative_investments  crypto-currencies  digital_currencies  currencies  virtual_currencies  metacurrencies  art_market  fractional_ownership  primers  game_changers 
july 2018 by jerryking
Philip Roth: a titan of American letters
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Jan Dalley, Arts Editor
Philip_Roth  obituaries  writers  authors  best_of 
may 2018 by jerryking
Business Book of the Year 2017 — the longlist
AUGUST 13, 2017 by: Andrew Hill.

One question for the judges is how durable they think the authors’ analyses of 2017’s shifting technological landscape will prove to be. The jury is expected to give preference to those books “whose insights and influence are most likely to stand the test of time”.

* Tom Friedman, whose bestseller on globalisation was the first Business Book of the Year in 2005. Thank You For Being Late, his latest, extends the thesis, linking personal stories to an analysis of the state of business, innovation, economics and world politics.
* Satya Nadella’s Hit Refresh (written with Greg Shaw and Jill Tracie Nichols) is an upbeat, first-hand account of his effort to devise a successful second act for Microsoft — almost unprecedented in the world of big technology — after the software company missed the mobile revolution.
* Brian Merchant’s The One Device dives deep into the making of Apple’s iPhone, on its 10th anniversary.
* Brad Stone’s The Upstarts, about Airbnb and Uber, narrowly missed this year’s longlist.
* Wild Ride, Adam Lashinsky’s lively analysis of Uber’s rise.
* Self-driving cars — one of the technologies being explored by Uber — feature in Vivek Wadhwa’s The Driver in the Driverless Car (written with Alex Salkever).
* Ellen Pao’s Reset (out next month) tackles the red-hot topic of diversity in Silicon Valley — or lack of it — recounting her experience as venture capitalist and chief executive of Reddit, the social platform.
* Jonathan Taplin’s Move Fast and Break Things, which examines the “monopoly platforms” built by Facebook, Google, Amazon and others and how they have “cornered culture”.
* Near-misses for the longlist included: Franklin Foer’s soon to be published critique of the tech sector World Without Mind; Machine, Platform, Crowd (the latest from 2014 shortlisted authors Erik Brynjolfsson and Andrew McAfee); and The Fuzzy and the Techie by Scott Hartley. Mr Hartley’s book on the relevance of the liberal arts in a tech-led world was born from a proposal that made the final of last year’s Bracken Bower Prize for budding younger authors.
* The Wisdom of Finance by Mihir Desai, which uses literature, history, movies and philosophy to shed light on dry financial theories.
* A Man for All Markets, by Edward Thorp, a mathematician who applied his skills, from Las Vegas to Wall Street, from the blackjack tables to the world of hedge funds.
* Andrew Lo’s Adaptive Markets, a critique of the “efficient markets hypothesis”
* Sheelah Kolhatkar’s Black Edgedescribes how Steven Cohen’s former hedge fund, SAC Capital, built its Wall Street dominance before facing insider trading charges.
* David Enrich’s The Spider Network offers a comprehensive account of the Libor rate-rigging scandal.
* Janesville, by journalist Amy Goldstein, which explores the deeper social — and political — impact of business decisions on ordinary working people. She digs into what happened to people in a small Wisconsin city when General Motors stopped producing cars, overturning the residents’ lives.
* With the exception of Nadella’s Hit Refresh, books about management and leadership fared poorly this year, though Fast/Forward by Julian Birkinshaw and Jonas Ridderstrale, and Freek Vermeulen’s forthcoming Breaking Bad Habits, about what happens when best practice goes bad, came close.
* Economics for the Common Good, by French winner of the Nobel economics prize Jean Tirole, due out in October in English. It makes the case for economics as a positive force on the everyday existence of people and businesses.
* Stephen King’s Grave New World underlines that globalisation is under unprecedented threat.
* Kate Raworth, in Doughnut Economics, makes the case for a new economic model that pays more attention to human and environmental pressures.
* Walter Scheidel’s The Great Leveler, is a sobering history of inequality. Scheidel emphasizes the unavoidable importance of violent events — from plague to revolution — in redressing the economic balance. “All of us who prize greater economic equality would do well to remember that with the rarest of exceptions, it was only ever brought forth in sorrow,” he warns in his conclusion. “Be careful what you wish for.”
best_of  books  booklists  Edward_Thorp  FT  gambling  Las_Vegas  mathematics  Mihir_Desai  Satya_Nadella  Sheelah_Kolhatkar  Tom_Friedman 
august 2017 by jerryking
Global brands —
JUNE 29, 2017 by Scheherazade Daneshkhu and Chris Campbell
best_of  rankings  brands  Fortune_500  multinationals  globalization 
july 2017 by jerryking
Sweethome Reviews | A New York Times Company
The Sweethome and The Wirecutter (part of The New York Times Company) are lists of the best gadgets and gear for people who quickly want to know what to get. When readers choose to buy our independently chosen editorial picks, we earn affiliate commissions that support our work.
NYT  best_of  gear  gadgets 
june 2017 by jerryking
We Taste-Tested 10 Hot Dogs. Here Are the Best. - The New York Times

The 10 hot dogs that were part of the taste test, clockwise from top left: Applegate, Nathan’s, Oscar Mayer, Wellshire Farms, Boar’s Head, Trader Joe’s, Niman Ranch, Ball Park, Brooklyn Hot Dog Company and Hebrew National.

The winners were Wellshire Farms, a brand sold only at Whole Foods markets, and Hebrew National,.
cured_and_smoked  sausages  best_of  New_York_City  NYT 
june 2017 by jerryking
by: Barry Reiter
Issues: September / October 2003. Categories: Governance.
boards_&_directors_&_governance  Ivey  best_of  effectiveness 
june 2017 by jerryking
You must do these two difficult things to invest as patiently as the greats - The Globe and Mail
Special to The Globe and Mail
Published Sunday, Jan. 15, 2017

Great investors have differences, but they share a number of key attributes.

They have an independent view. They feel no obligation to invest in something because others are doing it or because it’s a part of an index. Indeed, they prefer when a stock isn’t popular or heavily traded.

They buy when opportunities present themselves, not when the money is available. Cash doesn’t burn a hole in their pocket.

They buy assets that, in their reasoned opinion, will eventually be worth considerably more than they’re able to purchase them for. The key word being eventually. Their time frame is only slightly shorter than that.

They don’t get hung up on short-term events, although they do monitor them closely so they can take advantage of opportunities. Price movements and/or liquidity events may allow them to buy more or sell, and any new information can be used to update their valuation models.

You get the picture. Patient capital is focused on long-term value creation. It’s comfortable being out-of-sync with popular trends. And it doesn’t get distressed by market dislocations, it gets excited.

If working with a financial adviser, they have to understand and believe in the patient-capital approach. No prattling from them about quick stock or ETF flips. No recommendations of "hot" fund managers nor cold feet when short-term results are poor.

You want advisers and money managers who can live up to the traits listed above and, ideally, who are working in organizations that exemplify the same traits. You and your adviser have a better chance of being “patient capital” if the firm’s sales, marketing, product development and investment strategies are aligned.
Tom_Bradley  investors  long-term  strategic_patience  liquidity_events  personality_types/traits  dislocations  undervalued  opportunistic  unanimity  personal_finance  financial_advisors  contrarians  independent_viewpoints  financial_pornography  best_of 
january 2017 by jerryking
The 15 Best Places for a Sorbet in Toronto
Created by Foursquare Lists • Published On: June 17, 2016
sorbet  best_of  desserts  Toronto  ice_cream 
june 2016 by jerryking
How Not to Be a Networking Leech: Tips for Seeking Professional Advice - The New York Times

(1) Make the meeting convenient. Ask for time frames that would work well, and meet at a place that is convenient for them, even if you have to drive across town.
(2) Buy their coffee or meal.
(3) Go with a prepared list of questions. People whose advice is worth seeking are busy.
(4) Don’t argue about their advice or point out why it wouldn’t work for you. You can ask for clarification by finding out how they would handle a particular concern you have, but don’t go beyond that. You get to decide whether or not to use their advice.
(5) Don’t ask for intellectual property or materials.
(6) Never ask for any written follow-up. It is your job to take good notes during your meeting, not their job to send you bullet points after the meeting. No one should get homework after agreeing to help someone.
(7) Spend time at the end of the meeting finding out what you can do for them.
(8) Always thank them more than once. Follow up with a handwritten note — not an email or a text.
(9) Do not refer others to the same expert.
(10) Ask an expert for free help only once. If the help someone offered you was so valuable that you would like them to provide it again, then pay for it the next time.
(11) As you ask people for help, always consider how you in turn can help others.
best_of  tips  torchbearers  networking  questions  gratitude  serving_others  note_taking  mentoring  advice  handwritten  leeches  brevity 
september 2015 by jerryking
7 Myths (and Truths) About Olive Oil - WSJ
Updated May 15, 2015

The only olive oil worthy of consideration is extra-virgin. Anything else, whether labeled pure, light or just plain olive oil, has been heavily refined into a pallid, flavorless substance to which a little extra-virgin oil is added for color and flavor. It’s an industrial product, made to industrial standards. If that’s all your supermarket offers, opt for one of the other oils on the shelf.

Extra-virgin olive oil should simply be the oily juice of the olive, minus the water also contained within the fruit. It may have been filtered, but it has not been refined. Because it is not standardized, extra-virgin varies enormously in aroma and flavor from bottle to bottle, producer to producer. The taste depends on many factors, from the variety of the olives pressed to their state of maturity to the speed and care with which they’ve been processed.
fats  olives  oilseeds  cooking  best_of  mens'_health  myths 
may 2015 by jerryking
Kelly: Why do we think Mike Babcock is the NHL's best coach? - The Globe and Mail
TORONTO — The Globe and Mail
Published Monday, May. 11 2015, 6:29 PM EDT
Last updated Tuesday, May. 12 2015
sports  journalists  NHL  Cathal_Kelly  best_of  coaching 
may 2015 by jerryking
The Sidney Awards, Part 2 -
DEC. 29, 2014
Continue reading the main story

David Brooks
David_Brooks  reading  best_of  magazines 
january 2015 by jerryking
Jeter’s Real Gift -
SEPT. 19, 2014
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Doug Glanville
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During the chaos and excitement of awaiting our firstborn child, my wife and I were decorating the nursery. Our son was due to arrive in late June of 2008 and we planned to put his crib in
Derek_Jeter  baseball  Doug_Glanville  best_of 
september 2014 by jerryking
Lawyer Austin Cooper had a ‘commanding’ courtroom presence - The Globe and Mail
JUSTICE WRITER — The Globe and Mail
Published Friday, Oct. 18 2013
obituaries  tributes  lawyers  best_of 
september 2014 by jerryking
Washington’s 10 best restaurants - The Globe and Mail
Special to The Globe and Mail
Published Friday, Oct. 18 2013
restaurants  Washington_D.C.  best_of 
september 2014 by jerryking
Four Ways to Spot a Great Teacher - WSJ
Updated Sept. 4, 2014

Great teachers:

• Have active intellectual lives outside their classrooms.

• Believe intelligence is achievable, not inborn.

• Are data-driven.

• Ask great questions.
education  howto  teaching  teachers  questions  best_of 
september 2014 by jerryking
4 Common Traits of the Best Chief Operating Officers
APRIL 4, 2014 | | | Ryan Caldbeck.

1. They are strategic with a focus on details.
2. They appreciate talent.
3. They have no ego:
4. They are data driven:
COO  executive_management  ksfs  data_driven  humility  strategic_thinking  detail_oriented  best_of 
july 2014 by jerryking
Being the best at something - Western Alumni
by Paul Wells, BA'89 May 6, 2014

It was at Western I learned that one of the options open to any ordinary kid was to be the best in the world at something. The “something” in question could be just about anything. That sense of a university as a community of achievement is yet another reason why the notion of a university as a physical place, a meeting place for thousands of young people and the ghosts of all who came before them, is nowhere close to being obsolete.
Paul_Wells  UWO  alumni  economists  music  best_of  Pablo_Picasso  physical_place  Colleges_&_Universities  meeting_place 
may 2014 by jerryking
The 28 Best Bars in Canada
Fall/Winter 2014 | Canadian Business: Manual of Style |

Marben - 488 Wellington St. W. 416.979.1990
Nikai - 190 University Ave. 647.253.8000
The Cocktail Parlour - 11 Duncan St. 416.367.5151
Bar Hop -391 King St. W. Toronto, 647.352.7476
Reposado Bar & Lounge - 136 Ossington Ave. (416) 532-6474
Weslodge - 478 King St. W., Toronto, (416) 274.8766
The Drake One Fifty - 150 York Street, 416.363.6150
Bar Isabel - 797 College St. West. 416.532.2222
The Harbord Room - 89 Harbord St. Toronto, 416.962.8989
best_of  drinks  liquor  Victoria  Vancouver  Buffalo  Calgary  Toronto  Montreal  King_Street 
march 2014 by jerryking
Steven Davey’s Top 10 restaurants
December 24-31, 2013 | NOW Magazine | By Steven Davey
best_of  restaurants  Toronto 
december 2013 by jerryking
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