Word: swanning
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...usually cited as the father of the lightbulb, it's more accurate to give Edison credit as the creator of the first commercially viable lightbulb. As early as 1820, inventors were homing in on the principles that would lead to the first electric illumination. An English inventor, Joseph Swan, took their early work and developed the basis of the modern electric lightbulb in 1879 - a thin paper or metal filament surrounded by a glass-enclosed vacuum. When electricity runs through the filament, the bulb glows. Edison refined the design, trying filaments made out of platinum and cotton before eventually settling...
...What was neat was picking up the Wall Street Journal everyday and finding something directly related to what we were doing in class,” Swan says...
...Swan, who took the class before graduating from HBS last year, says he feels like he has benefitted from the course. One of his favorite cases was about a couple with a sub-prime mortgage losing their home...
...With little fanfare, Sipsmith is making its mark with London's tippling set. Bottles labeled with the logo of a swan - a reference to the name for a particular pipe on the still - are showing up at the city's smartest bars, restaurants and shops, including the Met Bar, the Dorchester and Harvey Nichols. Clearly, Galsworthy and Hall are making up for lost time. See more at www.sipsmith.com...
...firm by directing traders to increase or decrease the VaR, depending on the company’s appetite for risk.But VaR modeling does not describe events that occur the other 1 percent of the time. In the New York Times best-seller “The Black Swan: The Impact of the Highly Improbable,” Nassim N. Taleb, who has held positions at Columbia, Wharton, and NYU, argues that these events—which he dubs “black swans”—are the most important determinants of the course of history. Models that...