Money and Finance
- Links
60 Minutes on The Future of Money (video) (LINK) A "mobile money" revolution has swept Kenya, where people can send and receive money on their cell phones. It's improved commerce and brought basic necessities to poorer areasHoward Marks on Bloomberg...
- A Few Quotes On Achieving Success...
“The difference between successful people and really successful people is that really successful people say no to almost everything.” –Warren Buffett “Whenever you do any one thing intensely over a period of time you have to give up other lives...
- The Untold Story Of Larry Page's Incredible Comeback - By Nicholas Carlson
Link to article: The Untold Story Of Larry Page's Incredible ComebackBy August 2001, Schmidt had fully extricated himself from his responsibilities at Novell. He became Google’s CEO — so-called adult supervision for Page and his co-founder, Brin....
- Bill Gates: The Rolling Stone Interview
Link to: Bill Gates: The Rolling Stone Interview At 58, Bill Gates is not only the richest man in the world, with a fortune that now exceeds $76 billion, but he may also be the most optimistic. In his view, the world is a giant operating system that just...
- Loeb’s Reinsurer With No U.s. Staff Gains From Jobs Act
I’m not sure whether or not this makes much of a difference on the business/valuation front, but it is interesting nonetheless. Billionaire hedge-fund manager Daniel Loeb’s Third Point Reinsurance Ltd., which has no staff in the U.S., said it can...
Money and Finance
Nathan Myhrvold: The Wealthy Should Fund Innovation
For some technologists, it's enough to build something that makes them financially successful. They retire happily. Others stay with the company they founded for years and years, enthralled with the platform it gives them. Think how different the work Steve Jobs did at Apple in 2010 was from the innovative ride he took in the 1970s.
A different kind of challenge is to start something new. Once you've made it, a new venture carries some disadvantages. It will be smaller than your last company, and more frustrating. Startups require a level of commitment not everyone is ready for after tasting success. On the other hand, there's no better time than that to be an entrepreneur. You're not gambling your family's entire future on what happens next. That is why many accomplished technologists are out in the trenches, leading and funding startups in unprecedented areas.
Jeff Bezos has Blue Origin, a company that builds spaceships. Elon Musk has Tesla, an electric-car company, and SpaceX, another rocket-ship company. Bill Gates took on big challenges in the developing world—combating malaria, HIV, and poverty. He is also funding inventive new companies at the cutting edge of technology. I'm involved in some of them, including TerraPower, which we formed to commercialize a promising new kind of nuclear reactor.
- Links
60 Minutes on The Future of Money (video) (LINK) A "mobile money" revolution has swept Kenya, where people can send and receive money on their cell phones. It's improved commerce and brought basic necessities to poorer areasHoward Marks on Bloomberg...
- A Few Quotes On Achieving Success...
“The difference between successful people and really successful people is that really successful people say no to almost everything.” –Warren Buffett “Whenever you do any one thing intensely over a period of time you have to give up other lives...
- The Untold Story Of Larry Page's Incredible Comeback - By Nicholas Carlson
Link to article: The Untold Story Of Larry Page's Incredible ComebackBy August 2001, Schmidt had fully extricated himself from his responsibilities at Novell. He became Google’s CEO — so-called adult supervision for Page and his co-founder, Brin....
- Bill Gates: The Rolling Stone Interview
Link to: Bill Gates: The Rolling Stone Interview At 58, Bill Gates is not only the richest man in the world, with a fortune that now exceeds $76 billion, but he may also be the most optimistic. In his view, the world is a giant operating system that just...
- Loeb’s Reinsurer With No U.s. Staff Gains From Jobs Act
I’m not sure whether or not this makes much of a difference on the business/valuation front, but it is interesting nonetheless. Billionaire hedge-fund manager Daniel Loeb’s Third Point Reinsurance Ltd., which has no staff in the U.S., said it can...