Here's a finance riddle: how would you short London's property bubble? House prices are up GBP50K in the last six months, our freeholder is making noises about either buying or forcing us out in order to build a giant tower, and they sold off Scotland Yard (!). They say the market can stay irrational longer than you can stay solvent, and I've been marvelling at the irrationality of London's property market since I moved there in 2003. Just for the sake of argument, if you wanted to put a bet down on a property value crash, how would you make it?
Iconic punk, skinhead, and mall punk shoemaker Dr. Martens is planning for an IPO in early 2021. Oi? From Hypebeast: Permira, which acquired the company for around £300 million GBP (approximately. $398 million USD) in 2013, has appointed Goldman Sachs and Morgan Stanley to act as global coordinators on the float. Permira purchased the company… READ THE REST
With a marketing message that combined sex with sweatshop-free manufacturing, American Apparel seemed like an unstoppable brand. But then a series of bad business decisions followed by multiple sexual harassment lawsuits against founder Dov Charney (like masturbating during meetings), saw the T-shirt empire unravel. In 9 episodes, Big Rad Wolf, streaming on Quibi, tells the… READ THE REST
Earlier this week, we reported that a "Suspected ransomware attack" took down the Universal Health Services hospital network, and that doctors and nurses were using paper records because the entire computer system was offline. New reporting by AP shows that all 250 of the network's hospital facilities were "hobbled in last weekend's malware attack and… READ THE REST
For every kid who ever approached a parent with the earnest and eager request to start learning to play an instrument, you'll find a parent who responded with a smile and said, "Sure, honey…anything except the drums, OK?" Of course, drums are the throbbing, beating heart of any band, from rock bands to marching bands… READ THE REST
Bridging the gap between the analog and digital worlds is a lot tougher than it seems. If you write notes on a piece of paper, you carry that paper with you until you need those notes. Generally, if an image, document, or even just information is created in the analog world, somebody literally has to… READ THE REST
Learning isn't just about understanding a skill like figuring out how to code or mastering a foreign language. Learning is about taking in everything happening in the world around you, listening to smart, informed sources, and letting that experience guide you to better, smarter, more informed decisions in your life. Learning doesn't just happen in… READ THE REST