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Cyberlibris
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Download ForceNetworkD3_2016-05-23_16h04m16s Continue reading
Posted May 26, 2016 at Cyberlibris blog
Every year, Warren Buffett, the Sage from Omaha, delivers his Annual Letter to Berkshire Hathaway shareholders. What is so special about it? After all, tens of thousands of companies do the same. Each one produces an annual report with a... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
According to best-seller author, Seth Godin, you're either a Purple Cow or you're not. You're either remarkable or invisible. Make your choice. Cows are boring. Purple Cows are not. Purple Cow is a metaphor for something very special, not another... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
Daniel Kahneman is a faculty member at Princeton University and a fellow at Hebrew University. He is the winner of the 2002 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel (erroneously known as the Nobel Prize... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
Did you know that monkeys peel bananas from the bottom up (well to make things even more confusing this is the other way round since bananas grow upside down)? Anyway! If you assume that monkeys are banana experts (not a... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
I once heard on the radio that Swiss students went on strike because they wanted more scholarships and less student loans. Who indeed would pay interest charges when you can find legal ways to avoid them ? A scholarship is... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
"Our fine arts were developed, their types and usages were established, in times very different from the present, by men whose power of action upon things was insignificant in comparison with ours... In all the arts there is a physical... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
Management, these days, is full of corporate metrics that managers are urged to follow, to maximize or to minimize, in any case to outperform: EVA, CFROI, shareholder value, etc... to name a few. The theory underlying these catch-all metrics boils... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
The objectives we reach are rarely those we had set at the start. British economist and columnist John Kay,(www.johnkay.com), calls this salutary deviation "obliquity". The zeitgeist seems anything but oblique. Businesses and managers are asked to focus all their efforts... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
"History does not repeat itself, but it often rhymes" as Mark Twain is reputed to have said. There once was a so-called cottage capitalism. The emblematic tools of this cottage capitalism were the spinner's wheel, the weaver's loom, the nail-maker's... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
Averages are addictive. Whatever the quantity of interest (heights, weights, financial returns, interest rates, rainfall levels, temperatures, economic growth rates, budget deficits, sales, costs, income, wealth per capita, speed...) it is first summarized by its average. When it comes to... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
Wine tasting usually rhymes with friendship, memorable moments and harmony. It is hard not to remember the deep purple color, the unusual nose and blended flavor of a 1985 Côte Rotie Côte Brune. Wine is distinctly magic. It is a... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
In 1924 fascist leader Benito Mussolini won the Italian general elections for the first time. Just like many of their compatriots Italian couple Carlo and Giovanna Zannoni flew their country to escape the new horrendous regime. They settled in Moutiers,... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
My friend, McGill University Professor of Economics, Reuven Brenner once wrote that prosperity is the consequence of one thing and one only: matching talent with capital, and holding both sides accountable. To prosper, people must indeed have access to capital.... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
Oddly enough, no commentator ever paid attention to the name of the building where the infamous Bernard Madoff exercised his talents. The epicenter of the global scam was located on the seventeenth floor of the Lipstick Building, a red granite... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
Have a look at your iPod or iPad, its base or its plug and read what it says: "Designed by Apple in California, Assembled in China." Interesting. Easy to rephrase: "Inspired in California, Perspired in China." Or, if you wish,... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
Most of us fall victim of the sunk cost fallacy. In short, a sunk cost is an expenditure made in the past that cannot be modified. Neither now nor in the future. A sunk cost is a cost that cannot... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
I once read Robert J. Barro's book: "Nothing is Sacred: Economic Ideas for the New Millennium." I like the title very much, especially the first part of it. Robert J. Barro is the Robert C. Waggoner Professor of Economics at... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
Every coin has two sides to it: Head and tail. Seems obvious. Well, if you consider economics, it seems that people have a marked tendency to discard this elementary fact. This is sad, and more often than not leads to... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
I know, you expect some breaking news about Paris ... Hilton. Sorry for the teasing but apart from having seen Paris feeding pigeons I have no inside information about her eating habits. The "who feeds Paris?" question is the one... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
On Digital Economics, Robber Robot Lords, Big Data Despotism and Cottage Capitalism For centuries trade winds have been used by sailing ships to cross the world's oceans. They powered the European expansion into the Americas, and helped establish trade routes... Continue reading
Posted Apr 27, 2016 at Cyberlibris blog
Try to guess which French popular textbook we are talking about! Download Best_Seller_In_Action Continue reading
Posted Jun 22, 2015 at Cyberlibris blog
« Our fine arts were developed, their types and usages were established, in times very different from the present, by men whose power of action upon things was insignificant in comparison with ours... In all the arts there is a... Continue reading
Posted May 11, 2015 at Cyberlibris blog
Petite Poucette, si chère à Michel Serres, n'habite plus la même géométrie que celle ses parents. Hier, l'espace quotidien était métrique, balisé par des distances. La distance scandait l'aventure. Petite Poucette ne connaît plus ces distances. Sa géométrie n'est plus... Continue reading
Posted May 7, 2015 at Cyberlibris blog