I’ve seen a lot of documentaries on Dubai but thought this one stood out. It focuses on the 120,000 English businessmen and women who have traveled to Dubai to find fortune in the country, and its booming real estate market. Video also addresses the credit crunch. Hosted by Piers Morgan.
Pretty amazing Howard Schultz profile from 60 minutes below (12 minute video)
Schultz talks about how he went from living in public housing and selling his blood to get through college, to creating a $29 billion corporation that doubles sales every 3 years. He also dives into some of the unique marketing practices Starbucks used to create such a dominant brand, and how how he managed to get investors back in 1987.
Research in Motion (better known as the Blackberry maker) has taken a huge beating lately. Apple and Google’s steady march into the cell phone market has spelled trouble for the Canadian based company. The stock continues to decline, and it went down almost 10% in one day last week. However, I wanted to share this article in BusinessWeek last week as I believe RIMM could be a potential undervalued stock. (LINK BELOW)
Looking at key statistics it has an EPS of 2.2, and more importantly NO DEBT on its books.
I see two likely options, either it recovers or the company gets bought out, both of which results positively.
Haven’t pulled the trigger on this one, waiting for it to fall more (and still debating over AGNC or IVR for yield), but wanted to share this very interesting article.
With the New York Times reporting the breaking news that NASA may have found sources of liquid water on Mars, I wanted to highlight serial entrepreneur and Space X CEO Elon Musk (the real life Tony Stark) who wants “Man to be a Multi-Planet Species”. For anyone who has not heard of Musk and his [...]
Rob Dyrdek grew up in Ohio (not the typical skateboarding Mecca), and after discovering the skateboard became ingrained in the small but passionate local skate scene. Quickly becoming a pro, he moved to San Diego to engulf himself in the real skateboarding Mecca at the time, San Diego, and received lucrative sponsorships. Most interesting about [...]
Scott Shane is the A. Malachi Mixon III Professor of Entrepreneurial Studies at Case Western Reserve University. He has also written or edited ten books on business and entrepreneurship. His book Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live by (Yale University Press, 2008) was one of the top ten [...]
Below is a great brief interview of Larry Leight as he describes the beginnings of upscale eye wear brand Oliver Peoples. Larry basically started as an apprentice, networking and learning the intricate design components that piece together metal eye wear. As a salesman for retailers, he eventually knew what sold to customers and what didn’t. [...]
This is a great article featured in The Hollywood Reporter about Relativity Media’s Ryan Kavanaugh who received their Leadership Award recently. After graduating Ryan initially wanted to be a musician, but followed his fathers advice and took a job at a stock brokerage firm, which eventually led to him running a successful hedge fund. After [...]
Pretty interesting video on how The Grateful Dead had a different business model compared to other bands at the time. High cost music production forced the band to focus on touring only and provide their recorded music free of charge, claiming 100% of touring revenue instead of a fraction of album sales.
Wanted to share a thought provoking page from the 2030 Global Trends Report on potential Black Swans that would cause the greatest disruptive impact to the Global Economy. The full 160 page report is available HERE and given to the US Director of National Intelligence for long term strategy.
