Word: recentered
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Kevin O'Leary stars on ABC's new business reality show Shark Tank as one of five executives who vet business ideas pitched by would-be entrepreneurs. O'Leary often delivers the harshest of the business critiques. On a recent show, he called one small-business owner "radioactive." On another show he told a woman who said her products spread happiness that her business was worthless...
...Over the years, O'Leary has often been an outspoken critic of fund managers who underperform the market. He launched his first fund in May 2008. In the prospectus he wrote, "The recent market sell-off has provided an attractive entry point in a variety of high-quality public securities." Since that time, stocks in both Canada and the U.S. have plunged. O'Leary told Canadian business magazine Profit in June 2003, "There are a lot of idiot fund managers out there who add no value to the process at all." If O'Leary doesn't turn things around...
...European publishers] were not party to the original discussions [about the settlement], so feel doubly disgruntled," Philip Jones, managing editor of the British trade magazine The Bookseller, tells TIME. He points out that Google's recent overtures are in fact clarifications rather than concessions: "Google is merely agreeing to respect international copyright law." (See the top 10 fiction books...
...apportion blame to who should pay and how. In the run-up to Copenhagen, the Indian government and Indian NGOs have upped the ante against what they call the one-sided Western discourse that blames India and other developing countries for being obstructionist and not doing their bit. In recent weeks, there has been a steady stream of Indian-generated reports bolstering India's assertions that it is unilaterally greening its act. A report released last week says India has consistently greened its GDP since the 1980s, with the energy intensity of India's GDP falling from 0.3 kgoe (kilogram...
Mendillo partly attributed the endowment’s underperformance to “complications” within the portfolio existing before the financial crisis, including “recent over-sized commitments to illiquid asset classes; within asset classes, a larger proportion of strategies with long holding periods; [and] a lack of ready liquidity in the portfolio to meet our obligations along with the needs of the University.” For years, Harvard has been the subject of scrutiny—and idolatry—as its endowment consistently generated double-digit yearly investment returns, largely...