童士豪的创投之缘

斯坦福、硅谷、纽约、香港、上海,作为启明创投最年轻的董事总经理,童士豪的最新一站是北京。在这里,他将续写与创投的"不解之缘"。爱手机,爱游戏,爱互联网,他投资的公司大部分和互联网有关。爱读书,也爱逛博物馆,喜欢与历史学、社会学相关的东西。爱创业,更爱投资,他做自己喜欢的事情,他是童士豪。用目前最火的"凡     

小幽默

<正>你怎么"也"喜欢这样的?一哥们第一次带女朋友回家见父母,她女朋友走了之后,他问爸妈对女朋友的印象怎么样?他爸思考了一下说道:"相貌一般,有点胖,你怎么也喜欢这样的?"哥们还没来得及说话,他妈在旁边呼一下就站了起来,指着他爸吼道:"你给我说清楚,‘也’是什么意思?"     

老板不是被喜欢的

她去应聘一个秘书的工作,对方问:"你喜欢怎样的老板?"她顺口答:.老板不是被喜欢的,他是付你工资、你得替他工作的那个人.所以,喜欢怎样的人,与老板无关."     

疯狂的石头也造假

朋友老张和我都喜欢藏石,只不过我是纸上谈兵的那类,老张则偏于实战。他自己在我们这里的奇石市场开了一间店,里面主要经营灵璧石,也是我和一些石友谈天说地的场所。我们这里离灵璧石的产地很近,老张经常开着车过去寻找石头。他有时也喜欢叫上我过去帮他"长眼",不过"长眼"我倒没学会,倒是跟他学了不少藏石的知识。在安徽省灵璧县相邻一个镇的麦     

美国大亨的中式灵感

柏鲁齐,美籍意大利裔人,此人已75岁,家财五亿美元,换了普通人早就退休享福去了.但他仍然每天早上六点起床,继续致力赚更多的钱.他说:"我喜欢赚钱,喜欢工作."     

父亲的搪瓷缸

父亲退休那年,自己动手做了一个"博物架"。见他敲敲打打的热乎劲儿,我有意地泼冷水:"做那个干什么?您又没有什么值钱的古董!"父亲咧嘴笑笑,不紧不慢地说:"摆上几样我自己喜欢的东西,总可以吧。"博物架做好后,他从杂物     

“花老大”邹小锋:给女友送花“送”来千万财富

他是一个性格内向、相貌有点丑陋的农村小伙,偏偏喜欢上了一名堪称"白富美"的公司女高管。第一次求爱失败后,面对挫折,小伙子没有放弃。"准女友"经常出差,不论到哪个城市,他总会想尽办法把玫瑰花送到女孩手中。最终他不仅用真情抱得美人归,而且在体验了异地送花的麻烦与艰辛后,他发现商机,如今一跃成     

股民张大民的保险生活

张大民,股民,与十几年前曾风靡一时的电视剧<贫嘴张大民的幸福生活>中的主人公同名同姓.但与"贫嘴张大民"不同的是,他不喜欢耍嘴皮子,他只对数字感兴趣.     

魅力的力量——浅谈乔布斯的领导风格

乔布斯是现代管理领域中的一位独具特色的领导者。他的领导风格并非让人喜欢,但却十分有效并能够受到众人的尊敬。通过分析乔布斯的领导魅力所在,可以发现他的"现实扭曲力场"、极具煽动力的演讲口才和卓尔不群的信念是赋予他领导魅力的关键因素,并得出其领导风格属于"追求完美的变革性魅力型领导者"。     

股票“护城河”

"护城河"是巴菲特经常使用的一个概念,他的投资理念精髓之一就是喜欢投资具有持久"护城河"的公司.如果一个公司的投资回报率可以持续高于投资成本,那么这个公司就被认为拥有"护城河".     

Utilities bounded below

It is common to work with utilities which are not bounded below, but it seems hard to reconcile this with common sense; is the plight of a man who receives only one crumb of bread a day to eat really very much worse than the plight of a man who receives two? In this paper we study utilities which are bounded below, which necessitates novel modelling elements to prevent the question becoming trivial. What we propose is that an agent is subjected to random reviews of his finances. If he is reviewed and found to be bankrupt, then he is thrown into jail, and receives some large but finite negative value. In such a framework, we find optimal investment and consumption behaviour very different from the standard story. As the agent’s wealth goes negative, he gradually abandons hope of ever becoming honest again, and plunders as much as he can before being caught. Agents with very high wealth act like standard Merton investors.     

The future oriented society Axioms and methodology

A social psychologist looks at modern man's image of things to come and assesses its very powerful motivation. He deduces that this image is split into a number of planes—short range, medium range, long range and very long range, and he describes the characteristics of each. Having established how these attitudes are conditioned he then describes a series of methods in which they are used.     

Negotiating without a net. A conversation with the NYPD's Dominick J. Misino

In some languages, the word for "business" is the same as the word for "negotiation." That's not really surprising: Every interaction--with customers, suppliers, and even partners and investors--entails negotiation. And some involve very high stakes: The breakdown in negotiations between Hewlett-Packard's management and its founding families, for instance, put the company's future in doubt. Dominick Misino is a man who knows about negotiating when the stakes are at their very highest. As a hostage negotiator for the New York Police Department, Misino successfully persuaded the hijacker of Lufthansa Flight 592 to lay down his gun and turn himself in. Misino spent the last six years of his career as a primary negotiator, handling more than 200 incidents and never losing a life. Since his retirement in 1995, he has taught negotiating skills to law enforcement officials, military personnel, and business executives. Anyone can become a crisis negotiator, Misino contends. It takes what he calls "applied common sense." Be polite. Listen. Acknowledge the other guy's point of view (no matter what it is). But it's clear that in dealing with hijackers, kidnappers, and child molesters, Misino is far from passive. Negotiation, he says, is really a series of small agreements, and he is adept at orchestrating those agreements from the start so that his adversary learns to trust him and come around to his point of view. In vivid and sometimes hair-raising detail, Misino demonstrates how he gets criminals to trust police officers enough to refrain from harming innocent parties and give themselves up. Many of the techniques he describes are surprisingly applicable to business negotiations, where the parties may seem equally intractable and failure is not an option.     

What working for a Japanese company taught me

In the late 1970s, John E. Rehfeld read everything he could on Japanese business. Most of the discussions focused on interest rates, the education system, and the culture--all very interesting but not very useful. What did these things have to do with day-to-day management? Since then, by working for Japanese companies, he has discovered more than ten Japanese management techniques that have everything to do with running a business. As vice president and general manager of Toshiba's U.S. computer business for nine years and president of Seiko Instruments USA for two, he has seen firsthand how the Japanese manage, and he has applied those techniques in the United States. Using six-month budget cycles, quantifying intangibles, and looking back to see what you could have done better are among the seemingly insignificant practices that combine to have big impact. For example, the author first saw budgeting for 6 months instead of 12 as twice as much work. But he came to appreciate the benefits: managers work harder because they have two deadlines a year, and planning and control improve because managers can adjust their targets to changing conditions more quickly. The author had another change of heart when he was asked to specify how many PCs would sell as the result of a demo program, a task he first thought ridiculous. Though he still thinks such numbers are shaky, he values the discipline of the thought process. These and other techniques, he says, explain much of Japanese companies' success and are tools that managers anywhere can use.     

维果茨基心理发展理论对素质教育的启示

维果茨基是前苏联著名的心理学家,其所创立的心理发展理论和历史文化理论对心理学、教育学和实践的发展具有极其重要的影响.本文在简述维果茨基心理发展理论的基础上,探讨了其对我国当前素质教育进一步开展的意义.     

Financial accounting: In communicating reality, we construct reality

At first I saw Don Juan simply as a rather peculiar man who knew a great deal…but the people…believed that he had some sort of “secret knowledge”, that he was a “brujo”. The Spanish word brujo means, in English…sorcerer. It connotes essentially a person who has extraordinary…powers.I had known Don Juan for a whole year before he took me into his confidence. One day he explained that he possessed a certain knowledge that he had learned from a teacher, a “benefactor” as he called him, who had directed him in a kind of apprenticeship. Don Juan had, in turn, chosen me to serve as his apprentice, but he warned me that I would have to make a very deep commitment and that the training was long and arduous…My field notes disclose the subjective version of what I perceived while undergoing the experience. That version is presented here…My field notes also reveal the content of Don Juan's system of beliefs. I have condensed long pages of questions and answers between Don Juan and myself in order to avoid reproducing the repetitiveness of conversation…(The Teachings of Don Juan: A Yaqui Way of Knowledge, Carlos Castaneda, 1970, pp. 14, 24, 25).     

Overnight information flow and realized volatility forecasting

This study compares various approaches for incorporating the overnight information flow for forecasting realized volatility of the Australian index ASX 200 and seven very liquid Australian shares from March 2007 to January 2014. The analysis shows that considering overnight information separately rather than adding it to the daily realized volatility estimates leads consistently to better out-of-sample results despite the higher number of involved parameters. A novel, very promising approach is to combine the assets’ own overnight returns with realized volatility estimates of related assets from other markets for which intraday data is available while the Australian exchange is closed.     

The center-cut solution

Timothy Firnstahl owns five successful restaurants in Seattle, but he recently came very close to owning none. In the early 1990s, he found himself, like so many restauranteurs, facing rising costs, inefficient management, and a recession. Confronting financial annihilation, Firnstahl had to act quickly: since he had no peripherals to trim, he cut off the head of his company. Remarkably, it worked. Firnstahl's problem was his new and innovative restaurant, Sharps Fresh Roasting. The heart of the Sharps concept was a unique long-roasting technique that made lean, inexpensive meats taste as juicy and delicious as fattier, expensive cuts. The process also lent itself to faster service and lower labor costs. But it wasn't working. Sharps wasn't breaking even, and his other restaurants couldn't make up the difference. He needed a solution fast. Firnstahl got his answer from Mikhail Gorbachev: slash the centralized command and liberate the company. In doing so, he would also transfer virtually all power and responsibility to his line managers. And after five months of intensive study and planning, he accomplished what he set out to do. He fired most of his corporate staff, empowered his restaurant managers with "100% Power and Responsibility," and, finally, undertook a massive promotion campaign. A year later, Sharps Fresh Roasting is the gold mine Firnstahl always believed it could be. He's done away with bureaucracy and turned business around in a down market. All this because his managers are managing themselves.     

Probability of ruin for a risk process with claims cost inflation

Abstract

This paper has been inspired by a very interesting article by Taylor (1979) in which he considered the effect of claims cost inflation on a compound Poisson risk process. The present paper divides naturally into two parts. In the first part we show, under very general conditions, that if claims costs are increasing and if the premiums are increasing at the same rate then ultimate ruin is certain for the risk process. In the second part we try to determine how fast the premiums should increase in order that ultimate ruin should not be certain for such a risk process.     

必须重视马克思运用科学技术对资本主义经济运行的分析

马克思在《资本论》中运用科学技术的理论,从深层次上揭示了资本主义生产关系的实质,论证了剩余价值理论,并创立了资本有机构成的学说,解决了资产阶级古典政治经济学无法解决的理论难题。因此,深入研究马克思关于科学技术的理论,对于运用科技促进我国经济的发展具有极其重要的现实意义。