Archive for March, 2017

<p>A legal feud between pistol tycoon Gaston Glock and his ex-wife, Helga, has ended with a resounding victory for the legendary gunmaker.</p>

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You could practically hear the popping of champagne corks, a uniform echo of celebration for the completion of a long journey. All across the developed world last month, inflation finally registered 2%, the very threshold that almost every monetary policy regime has come to define as stable prices. Below that level suggests concern, a high degree of economic risk about the fomenting of deflation and potential for the worst case. That was where the world had been for years prior to February 2017.
It was an enormous problem for central bankers, if not quite for consumers. Central banks…

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“When trumpets were mellowAnd every gal only had one fellowNo need to remember when’Cause everything old is new again…
When trumpets were mellowAnd every gal only had one fellowNo need to remember when’Cause everything old is new again.”
–Peter Allen, “Everything Old is New Again”
I am immersed in nostalgic this morning.
It all started yesterday when Greenlight Capital’s thoughtful David Einhorn proposed to distribute on a tax-free basis a second class of General Motors (GM) common stock called “dividend shares” in order to have two classes of stocks. As seen in the pop-up chart…

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Gasoline prices could see a significant springtime jump, pushing retail pump prices to their highest level since June 2015, according to a widely followed gasoline analyst.

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To keep Air Force pilots from jetting off to more lucrative careers with commercial airlines, the service is considering passing out enlistments bonuses that could go as high as $455,000 in total.

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Learn why living on Social Security alone can be a daunting task.

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Anthem is likely to pull back from Obamacare’s individual insurance markets in a big way for next year, according to a report from analysts.

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<p>The new projections show steeper debt growth than last year's long-term forecast and could make it harder for Congress to support a tax reform.</p><p></p>

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<p>They sued for fraud, claiming they’d been duped by false promises of riches and instant success.</p>

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Congress has voted to overturn Obama-era internet privacy rules. Now the path is clear for telecom giants like Verizon and AT&amp;T to build detailed profiles of their customers’ behavior and sell that information to marketers.

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A couple of times recently I’ve found myself coaching people to stay positive. In both cases they very reasonably pushed back, saying great idea, but they didn’t want to be false and pretend to feel positive when inside they felt anything but. Two conversations about the art of being authentically positive ensued and I’ve been collecting my thoughts on the subject since then.

Let me start by taking a step back. This may be obvious to many of you, but we all like being around positive people. It’s more fun and it helps us keep our own energy up.

Positivity is doubly important in startups where the ups and downs will inevitably lead to periods where we question whether the whole endeavour is worth our time. Happiness is contagious and companies full of positive people climb out of the dark patches more quickly.

However, to really work, the positivity must be authentic. Saying or implying you feel good when you’re really not sure is better than giving into cynicism, but people can tell, and after a while it will chew you up inside.

One trick for staying authentically positive is to avoid dwelling on the big problems and focus on the little wins. When someone asks how you are doing, reflect on something that has gone well recently. If you made minor progress with a major client in the last 24 hours, say so. It’s genuine, and will make you and the person you are talking to feel better than a negative or neutral statement.

Underlying this is a really important point, which is that effective operators respond to feeling down by finding something positive to do. When we were still working out the details of our model here at Forward Partners we had a chap who started to get cynical about key aspects of his role. To his credit he responded by taking ownership of one of our content initiatives. It was a side project for him, but he had success there which kept him positive whilst we sorted out his bigger issues.

Other helpful tricks are getting enough sleep, exercising, eating well, meditating, and – simplest of all – remembering to smile. If you feel good in your body you will have more energy and find it easier to stay positive.

Like happiness, positivity is a function of mindset and behaviour. It can and should be cultivated.



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“We’re done.”

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For years, Carl's Jr. and Hardee's featured sexy TV ads with Paris Hilton and Kate Upton lustily devouring drippy hamburgers.

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“We’re done.”

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Investors who put money into U.S. index funds usually aren’t looking for surprises.

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