"For all their influence, the Orioles and the A’s now find themselves as also-rans, without a pennant…"

Monday, April 2nd, 2012 at 9:52 am
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“For all their influence, the Orioles and the A’s now find themselves as also-rans, without a pennant in the last two decades to show for their ingenuity. Their legacy is in introducing elements that have since become all but essential to operating a viable franchise.”

Major League Teams Seek New Ways to Deconstruct Game – NYTimes.com

"The bigger the pond, the more likely we are—consciously or not—to swim around until we find a group…"

Saturday, March 31st, 2012 at 11:39 am
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“The bigger the pond, the more likely we are—consciously or not—to swim around until we find a group of like and like-minded people.”

How Big Cities Can Lead to Small Thoughts

"Less than 1,500 of more than 16,500 registered investment adviser firms manage 90% of assets, says…"

Monday, March 26th, 2012 at 9:38 am
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“Less than 1,500 of more than 16,500 registered investment adviser firms manage 90% of assets, says Cerulli Associates”

http://twitter.com/DaisyMaxey/status/184280332504276992

"Clients know the difference between renting someone else’s research versus providing original…"

Monday, March 26th, 2012 at 9:00 am
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““Clients know the difference between renting someone else’s research versus providing original research,” Mr. Shoff said. “In many requests for proposals, sponsors want to know the number of people on staff doing research and whether the adviser has its own customer relationship management system,” he said. “If you don’t say yes, you’re going to get screened out.””

Smaller 401(k) plan advisers losing fight to stay afloat – InvestmentNews

"That’s why the Bystander Effect varies so greatly from city to city — if you’re in a place where…"

Sunday, March 25th, 2012 at 7:31 pm
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“That’s why the Bystander Effect varies so greatly from city to city — if you’re in a place where people are apt to intervene, you probably will too. And if you’re not, you won’t. This fact was illustrated brilliantly in 2003 by Dr. Robert Levine, a professor of psychology at Cal State-Fresno, who spent six years studying people’s willingness to help strangers in different cities. Levine’s assistants dropped pens, faked injuries and feigned blindness from Los Angeles to Madrid to Singapore, and found that not only did the differences in intervention rates vary widely, they could even be predicted.”

It’s true: Cities are meaner

"Negative emotions generally involve more thinking, and the information is processed more thoroughly…"

Sunday, March 25th, 2012 at 12:23 pm
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“Negative emotions generally involve more thinking, and the information is processed more thoroughly than positive ones, he said. Thus, we tend to ruminate more about unpleasant events — and use stronger words to describe them — than happy ones.”

Why People Remember Negative Events More Than Positive Ones – NYTimes.com

"life moves faster in the city than in the countryside, but that “pace of life varies in a regular…"

Saturday, March 24th, 2012 at 10:48 am
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“life moves faster in the city than in the countryside, but that “pace of life varies in a regular fashion with the size of the local population, regardless of the cultural setting”

Tweet by John Hagel

"Some people have asked if I’m on a quest to figure out what to do with my life, but it’s almost the…"

Saturday, March 24th, 2012 at 10:31 am
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“Some people have asked if I’m on a quest to figure out what to do with my life, but it’s almost the exact opposite,” he added. “When I’m outside, I get so immersed in wherever I am that it’s sort of impossible to think about my long-term future.”

Matt Green’s Goal Is to Walk Every Street in New York City – NYTimes.com

"In a study published at the Wharton School, Marshall Fisher, Jayanth Krishnan, and Serguei Netessine…"

Tuesday, March 20th, 2012 at 12:26 pm
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“In a study published at the Wharton School, Marshall Fisher, Jayanth Krishnan, and Serguei Netessine looked at detailed sales data from a retailer with more than five hundred stores, and found that every dollar in additional payroll led to somewhere between four and twenty-eight dollars in new sales.”

The More the Merrier — www.newyorker.com — Readability

"individuals who frequently read fiction seem to be better able to understand other people, empathize…"

Monday, March 19th, 2012 at 4:38 am
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“individuals who frequently read fiction seem to be better able to understand other people, empathize with them and see the world from their perspective”

http://nyti.ms/FSBPWr

"But for organizations wanting to thrive in the social era, being distinct is key to both…"

Sunday, March 18th, 2012 at 1:16 pm
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“But for organizations wanting to thrive in the social era, being distinct is key to both profitability and winning. While there has always been a market for bespoke, differentiated items, until very recently that market served a tiny fraction of the uber-rich. But today, both macroeconomic forces, and technological advances mean that customized products aren’t just for the one percent. Instead, customized products and experiences can be for everybody, at least some of the time.”

Why Porter’s Model No Longer Works – Nilofer Merchant – Harvard Business Review

"The rise in systematic risk emanates, in part, from an increase in trading commonality across time…"

Sunday, March 18th, 2012 at 12:51 pm
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“The rise in systematic risk emanates, in part, from an increase in trading commonality across time and across stocks associated with growth in passive investing. Though perhaps not the only explanation for rising systematic risk, our results provide strong evidence that the observed increase in trading commonality since 1997 has indeed led to lower cross-sectional dispersion of volume changes and, therefore, greater systematic risk since then.”

How Index Trading Increases Market Vulnerability

"The accelerating growth of passively managed assets places increased demands on indexrelated…"

Sunday, March 18th, 2012 at 12:45 pm
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“The accelerating growth of passively managed assets places increased demands on indexrelated trading. This index-trading activity, in turn, precipitates higher trading commonality in the cross-section of stocks that make up each index.”

How Index Trading Increases Market Vulnerability

"many of us working to make our products great will never be satisfied. A great man once said, your…"

Sunday, March 18th, 2012 at 12:42 pm
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“many of us working to make our products great will never be satisfied. A great man once said, your product is shit – and maybe you will always think it is. Yet at the same time, it is our creative struggle with what we do that ultimately makes our creations better and better”

On Pixar

"For prompting creativity, few things are as important as time devoted to cross-pollination with…"

Sunday, March 18th, 2012 at 12:21 pm
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“For prompting creativity, few things are as important as time devoted to cross-pollination with fields outside our areas of expertise.”

How To Be Creative — online.wsj.com

"A study has found that people who appear to be constantly distracted have more “working memory”,…"

Sunday, March 18th, 2012 at 9:47 am
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“A study has found that people who appear to be constantly distracted have more “working memory”, giving them the ability to hold a lot of information in their heads and manipulate it mentally.”

Children whose minds wander ‘have sharper brains’ – Telegraph

"The thing I like best about my smartphone is the absence of the thing I like least about it: I just…"

Saturday, March 17th, 2012 at 8:18 pm
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“The thing I like best about my smartphone is the absence of the thing I like least about it: I just want it to work, dammit, and when it doesn’t—when I need to recharge it and I can’t—it’s worse than useless to me.”

It’s the battery, stupid: The looming 4G smartphone crisis

"Creativity is a more whole-brained activity than we’d like to imagine,” Davis said."

Saturday, March 17th, 2012 at 8:12 pm
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““Creativity is a more whole-brained activity than we’d like to imagine,” Davis said.”

The Columbia Chronicle

"Almost every major retailer, from grocery chains to investment banks to the U.S. Postal Service, has…"

Thursday, March 8th, 2012 at 11:01 am
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“Almost every major retailer, from grocery chains to investment banks to the U.S. Postal Service, has a “predictive analytics” department devoted to understanding not just consumers’ shopping habits but also their personal habits, so as to more efficiently market to them. “But Target has always been one of the smartest at this,” says Eric Siegel, a consultant and the chairman of a conference called Predictive Analytics World. “We’re living through a golden age of behavioral research. It’s amazing how much we can figure out about how people think now.””

How Companies Learn Your Secrets – NYTimes.com

"This still leaves the physical branch to play an important role, but it will be much more tightly…"

Monday, March 5th, 2012 at 8:16 am
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“This still leaves the physical branch to play an important role, but it will be much more tightly defined going forward. Across all customer segments, survey respondents said the branch remains the number one destination for high-value banking activities, such as opening new accounts, buying products and obtaining advice. There is a strong marketing aspect as well, with two-thirds of respondents saying they simply would not choose a bank that did not have a local branch presence.”

Articles: Consumers in Motion: Stepping Away from Branches

"The reality is that advisors outsource a lot. Advisors using mutual funds, SMAs or ETFs outsource…"

Sunday, March 4th, 2012 at 5:00 pm
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“The reality is that advisors outsource a lot. Advisors using mutual funds, SMAs or ETFs outsource the investment management function, even if they determine the asset allocation. Investment managers investing directly in stocks and bonds often outsource much of the research that informs those decisions. Advisors utilizing a custodian or broker-dealer outsource many of their middle- and back-office functions and delegate the safe holding of securities to another entity. RIA firms regularly and systematically outsource many of the processes related to compliance, though, in the end, they are accountable for the activities of their firm and for adhering to regulatory requirements.”

Turning Inside Out

"But if we can somehow foster more trust in investment professionals, a full spectrum of people —…"

Sunday, March 4th, 2012 at 10:13 am
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“But if we can somehow foster more trust in investment professionals, a full spectrum of people — whatever their I.Q.’s — might adopt a more successful approach toward investing.”

What High-I.Q. Investors Do Differently – Economic View – NYTimes.com

"Today, according to Morningstar, 336 index funds and 1,148 ETFs hold $1.24 trillion, or fully…"

Saturday, February 25th, 2012 at 1:38 pm
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“Today, according to Morningstar, 336 index funds and 1,148 ETFs hold $1.24 trillion, or fully one-third of all the money in U.S. stock funds”

The Intelligent Investor: Are Index Funds Messing Up the Markets? – WSJ.com

"Research by Professor Brynjolfsson and two other colleagues, published last year, suggests that…"

Monday, February 13th, 2012 at 7:13 am
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“Research by Professor Brynjolfsson and two other colleagues, published last year, suggests that data-guided management is spreading across corporate America and starting to pay off. They studied 179 large companies and found that those adopting “data-driven decision making” achieved productivity gains that were 5 percent to 6 percent higher than other factors could explain.”

Big Data’s Impact in the World – NYTimes.com

"But recently, hedge funds have fared just as poorly as the banks. The bad economy plays a role in…"

Monday, February 13th, 2012 at 7:00 am
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“But recently, hedge funds have fared just as poorly as the banks. The bad economy plays a role in this, of course. But just as important is the fact the hedge-fund industry is almost as overbuilt as the housing and credit markets that drove its profits. In 1990, there were 610 hedge funds in the world. In 2000, there were 3,873; in 2011, there were 9,553, according to a report by Hedge Fund Research. All these funds are chasing fewer surefire trades. “When markets are panicked and there’s global risk fear, the markets move in the same direction,” one analyst at a Manhattan hedge fund says. “It’s just a lot harder to make money.” The easy, obvious plays are oversubscribed, which shrinks margins.”

The End of Wall Street As They Knew It