This watch is the type of watch that should be worn by a man who travels the world and thinks nothing of it; a man who is at home in Zurich, Hong Kong, Chicago, and Santiago, and knows the best places to eat in each without having to use his iPhone. It was made for [...]
BH & Warren Buffet are apparently weighing down Heinz with debt in the latest LBO: ‘Buy commodities, sell brands’ has long been a formula for business success,” Mr. Buffett wrote in a recent annual report. Heinz certainly fits that mold today. The big question is whether it still will once its balance sheet has been [...]
Incredible behind-the-scenes look at the making of a modern day classic.
However key elements of the Toyota outsourcing model were not implemented at Boeing. Toyota maintains tight control over the overall design and engineering of its vehicles and only outsources to suppliers who have proven their ability to deliver with the required timeliness, quality, cost reduction and continuous innovation. As Toyota works closely with its suppliers [...]
How great it will be once all their friends are on it. Really succinct & poignant list.
“You cannot rely on external confirmation and have a happy life,” he told me. “I don’t rely on external confirmation, and I have a happy life.”
Maciej Cegłowski takes on Argentinean dining: The afternoon steak is the workhorse steak, the backbone of the day. It’s the steak that gets you around the city, ensures a successful nap, steers you into the bar and (most importantly) gives you the mental clarity to choose the right cut of meat in the restaurant that [...]
Really amazing take on the future of education by Clay Shirky. On massive open online courses: MOOCs simply ignore a lot of those questions. The possibility MOOCs hold out isn’t replacement; anything that could replace the traditional college experience would have to work like one, and the institutions best at working like a college are [...]
It’s easy to look at the Billboard charts and proclaim that negativity in hip hop is selling. Only slightly closer observation reveals that whenever given equal exposure, talent sells even better.
Chris Dixon on agency problems: As you go higher in the organization, the incentives are more aligned with the firm’s incentives. But knowledge and authority over operations often reside at lower levels. Deciding what level to target involves nuanced trade offs.