A company’s balance sheet (sometimes referred as the ‘Statement of Financial Position’) provides details that include the company’s liabilities, assets and owner’s equity or net worth. Financial statements are typically made up of a balance sheet, cash flow statement and income statement. Investors in companies should understand how to read a balance sheet, how a balance sheet is structured and ho
February 2007 A few days ago I finally figured out something I've wondered about for 25 years: the relationship between wisdom and intelligence. Anyone can see they're not the same by the number of people who are smart, but not very wise. And yet intelligence and wisdom do seem related. How? What is wisdom? I'd say it's knowing what to do in a lot of situations. I'm not trying to make a deep point
CreditsSupport for this project was provided by the Center for American Progress, ISC, and Stichting NLnet. Shotlist<div><table><tr><td align="right" style="vertical-align: top">[00:00:01.26] </td><td align="left">"Fourscore and seven years ago" refers to the Gettysburg Address (<a href="http://www.loc.gov/exhibits/gadd/">Library of Congress</a>, <a href="http://en.wikipedia.org/wiki/Gettysburg_Ad
IN our celebrity-studded world, where we make a cult of genius and individual achievement, the mind rebels at the notion that geography trumps personality. Yet the inescapable lesson of the iPod, Google, eBay, Netflix and Silicon Valley in general is that where you live often trumps who you are. Just ask Sim Wong Hoo. About seven years ago, I met Mr. Sim in Singapore, where he was born and was the
January 2007 (Foreword to Jessica Livingston's Founders at Work.) Apparently sprinters reach their highest speed right out of the blocks, and spend the rest of the race slowing down. The winners slow down the least. It's that way with most startups too. The earliest phase is usually the most productive. That's when they have the really big ideas. Imagine what Apple was like when 100% of its employ
The Value of the Public Domain ISBN: Author: Rufus Pollock Contributors: Price: Free Publication Date: 14 July 2006 This paper calls for a re-orientation of innovation and information policy. In our current paradigm, monopoly rights, in the form of intellectual property, displace all else from our thinking on this subject making access a peripheral issue. According to Pollock, it is high t
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