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unHeritage – 11 Pitfalls to Family Legacy and How to Avoid Them
“unHeritage is definitely the lighthouse for protecting your family and wealth for generations. This book is a must read for anyone interested in legacy planning.” Enzo Calamo
Center for Family Conversations
The Center for Family Conversations (CFC) is a resource center that provides the integral tools and ideas in helping families establish a 100-year-plus Family Legacy Plan.
THE TYCOON PLAYBOOK – How Business Empires Are Built
The Tycoon Playbook course was created for business families who are already running a successful business and wish to ramp up their growth while preserving wealth for future generations. Specifically, the Playbook teaches high performance business owners the two most highly rewarded skills in business, namely deal-making and how to acquire cash flow producing business assets.
- Oil pares gains after early jump to $63 December 18, 2014LONDON (Reuters) - Brent crude pared early gains on Thursday to trade back below $62 a barrel, giving up much of a 3 percent spike in London as traders assessed whether a price rout is done.
- Two Wells Fargo units to pay $1.5 million for anti-money laundering lapses: FINRA December 18, 2014(Reuters) - Two brokerage units of Wells Fargo & Co must pay a joint $1.5 million fine for failing to comply with anti-money laundering regulations by not verifying 220,000 new accounts during a nine-year period, the Financial Industry Regulatory Authority (FINRA) said on Thursday.
- Brazil Congress' Petrobras probe urges charges against 52 people December 18, 2014RIO DE JANEIRO (Reuters) - A Brazilian congressional investigative committee issued its final report on alleged corruption at state-run oil company Petroleo Brasileiro SA on Thursday with a recommendation that prosecutors file charges against 52 people.
- Wall Street climbs on oil boost in wake of Fed statement December 18, 2014NEW YORK (Reuters) - U.S. stocks rose on Thursday, with each of the major indexes climbing more than 1 percent, building on the prior session's rally after the U.S. Federal Reserve's policy statement and oil prices that showed signs of steadying.
- Ford expands Takata driver-side airbag recall in U.S. December 18, 2014DETROIT (Reuters) - Ford Motor Co on Thursday expanded the recall of older-model Mustang cars, that have driver-side Takata airbags with inflators, to include about 502,500 vehicles.
- Pimco expects global growth to accelerate in 2015 between 2.5-3 percent December 18, 2014NEW YORK (Reuters) - Bond giant Pacific Investment Management Co said on Thursday it expects global growth to accelerate in 2015 to around 2.75 percent from around plus 2.5 percent this year, based...
- WTO upholds some of Chinese complaint against U.S. duties December 18, 2014WASHINGTON (Reuters) - The World Trade Organization on Thursday upheld parts of a Chinese complaint against U.S. duties on goods including solar panels and wind towers and found some U.S....
- ECB to publish accounts of policy meetings from January December 18, 2014FRANKFURT (Reuters) - The European Central Bank said on Thursday it would start publishing accounts of its monetary policy meetings next year, a move that will raise the ECB's transparency but still...
- U.S. leading economic indicator rises in November December 18, 2014WASHINGTON (Reuters) - A gauge of future U.S. economic activity increased solidly in November, pointing to underlying strength in the economy.
- Dollar extends rise after Fed statement, Swiss rate move December 18, 2014NEW YORK (Reuters) - The U.S. dollar rose against major currencies for a second straight session on Thursday after the Federal Reserve signaled it would hike rates next year and the Swiss National...
- Reddit cofounder: The next Google is one visa away from leaving U.S. December 18, 2014Reddit's Alexis Ohanian has been vocal about the need for high-skilled visa reform. At stake? The country's position as a tech leader.
- Oprah-approved startup raises $6.25 million December 17, 2014News startup The Skimm announced a new round of funding, 1 million active readers, and plans to expand into a 'lifestyle brand.'
- Cow farmers get high-tech tracking app December 17, 2014Brazilian startup BovControl is turning cows into data with a mobile app.
- Google Ventures: less Ubers, more health care December 16, 2014The venture capital investment arm of the tech giant has quadrupled its funding of life sciences and health startups this year.
- Rahm Emanuel: How Chicago saved its small businesses December 16, 2014Read full story for latest details.
- Re-gifting is fine... if you follow these rules December 18, 2014Etiquette experts say re-gifting is generally considered acceptable, as long as you follow these rules.
- Toyota has best value: Consumer Reports December 18, 2014Read full story for latest details.
- The best thing to do now for your portfolio December 18, 2014Stocks have fallen over 3% in December and the outlook for 2015 is cloudy. It's a good time to rebalance.
- Novelty gifts for people with money to burn December 17, 2014For those who've got the cash, these holiday gifts can really make a statement.
- Saving America's malls from the brink of death December 17, 2014Read full story for latest details.
- NBA confirms L.A. Clippers sale to ex-Microsoft CEO Steve Ballmer May 30, 2014Donald Sterling sues the NBA for damages and demands to be reinstated as owner.
- FBI and SEC probe into Carl Icahn and golfer Phil Mickelson May 30, 2014Authorities are looking into the potenial insider trading.
- Google launches "right to be forgotten" service in Europe May 30, 2014Now European citizens can request to have search results removed.
- Five crazy things Steve Ballmer has done May 30, 2014In light of Ballmer placing the highest bid on an NBA team in history on Thursday, here are some of his wackiest actions and greatest hits.
- Zuckerberg's latest donation reawakens concerns over mixed results in Newark May 30, 2014Facebook founder and his wife donate $120 million to Bay Area schools, claim to have learned from previous gift to Newark, N.J. schools.
- What's wrong with Google? December 18, 2014Google may be a great place to work for, but it hasn't been a great place for investors to put their money lately.
- Payday lenders throw millions at powerful politicians to get their way December 18, 2014Payday lenders are spending millions of dollars in Washington in an attempt to stop the government from cracking down on the industry.
- Amazon unveils one-hour delivery in New York December 18, 2014Amazon now has a solution for some of its customers who can't wait a few hours for delivery.
- In Russia, no more $30 Ikea 'Billy' bookcases - at least for now December 18, 2014Ikea furniture has suddenly became a scarce good in Russia. The Swedish furniture maker has followed Apple and suspended sales after a dramatic fall in the ruble.
- Re-gifting is fine... if you follow these rules December 18, 2014Happy Re-Gifting Day!
- New York regulator lays out tweaks to bitcoin rules December 18, 2014WASHINGTON, Dec 18 (Reuters) - New York state plans to soften proposed rules for virtual currencies such as bitcoin, its banking regulator said on Thursday, after receiving a round of public comments.
- GLOBAL MARKETS-Stocks climb on Fed policy signals; oil slips again December 18, 2014(Updates with Wall Street rally, latest prices; changes dateline; previous LONDON) * Wall Street on track for second day of strong gains * Shares jump as Fed pledges to be patient on withdrawing...
- UPDATE 4-Swiss central bank announces negative interest rates to stem flight into franc December 18, 2014* Franc falls to lowest level against euro since mid-October (Adds reaction from banks, link to graphics)
- Fitch Downgrades Venezuela's IDRs to 'CCC' December 18, 2014(The following statement was released by the rating agency) NEW YORK, December 18 (Fitch) Fitch Ratings has downgraded Venezuela's Long-term foreign and local currency Issuer Default Ratings (IDRs)...
- UPDATE 1-Chile central bank says not close to currency market intervention December 18, 2014SANTIAGO, Dec 18 (Reuters) - Chile's central bank has no plans to intervene in the foreign exchange market, the bank's chief said on Thursday, even though Chile's peso has depreciated more than 14...
- Chevron delays Arctic drilling plan December 18, 2014Chevron's is the largest drilling project put on hold amid the sharp drop in oil prices. Marathon Oil and ConocoPhillips plan to cut spending next year. Fred Katayama reports.
- SNB goes negative December 18, 2014The Swiss National Bank announces a negative interest rate for the first time since the 1970s, hoping that by forcing banks to pay to deposit francs it can stem a flight to the safe-haven currency sparked by euro zone fears and crisis in Russia. David Pollard reports.
- Progress in S Africa, challenges too December 18, 2014A new IMF report says South Africa can celebrate significant progress in its first 20 years of democracy, but - amid power blackouts and fears of more credit rating downgrades - it still faces big challenges in reviving a weak economy. Hayley Platt reports.
- China's house prices fall again December 17, 2014New home prices in the world’s second largest economy dropped in November, but there might still be hope for China’s besieged property sector. Jane Lanhee Lee reports.
- Fed tweaks language, delights investors December 17, 2014Citing a stronger economy, the Fed announces a patient approach to rate hikes in 2015. Shartia Brantley reports
10 billion people for dinner | Nina Fedoroff The world population is estimated to reach 10 billion in the near future. How can we feed so many with our existing resources? Nina Fedoroff gives an overview of what’s needed, highlighting the important role that science has played in developing food and agriculture throughout human history and the solutions it could offer. Nina Fedoroff’s research interests range from the biochemistry of microRNA processing and transposition to the design of greenhouses for hot, humid environments, although she is best known for her pioneering work on plant transposons. A PhD from Rockefeller University, she is an Evan Pugh Professor at Pennsylvania State University. A 2006 National Medal of Science laureate, she served as Science and Technology Adviser to the US Secretary of State and to USAID’s administrator.
Consumer price hikes hit your wallet Consumer prices jumped 0.4% May, its sharpest increase in 15 months. Christine Romans breaks down the numbers for New Day’s Michaela Pereira.
US Economic Leadership — Is it at Risk? On February 26, 2014, the Richman center hosted a Public Lecture Series on ” US Economic Leadership- Is it at Risk? ” featuring Glenn Hubbard, Dean and Russell L. Carson Professor of Finance and Economics, Columbia Business School and moderated by Edmund S. Phelps, 2006 Nobel Prize Winner, McVickar Professor of Political Economy and Director of the Center on Capitalism and Society, Columbia University. From Rome to Spain to Japan, policy mistakes on currencies, immigration, regulation, government oversight and intervention and other key issues, have had devastating impacts on nations and their people. What are our policy makers doing right and wrong? What are they avoiding that they should be doing? How can we avoid repeating history? This lecture will look at current economic policies and policy decisions our leaders should be making.
Peter Blair Henry: Third World Lessons for First World Growth Economist Peter Blair Henry shares three principles on how emerging countries transformed themselves for rapid growth over the last 35 years. He points out the remarkable turnaround of emerging markets are due to discipline, clarity, and trust. Henry believes “the biggest deficit that threatens joint prosperity between emerging and advanced economies is trust.” Peter Blair Henry is the Dean of New York University’s Stern School of Business and a former Professor of International Economics at Stanford University. Henry spoke about his book “Turnaround: Third World Lessons for First World Growth” at Stanford Graduate School of Business as part of the Global Speaker Series on May 28, 2014.
IMF Chief Christine Lagarde at Stanford’s Freeman Spogli Institute for International Studies Christine Lagarde, head of the IMF, expresses optimism about the global economy during a talk at Stanford on Feb. 25, 2014. Credit: Roger Winkelman
Using Water Wisely: The Business Case for Sustainable Water Management Two thought-provoking conversations on how corporate water management strategies are developed and implemented, featuring Tom Cooper, Corporate Water Programs Manager at Intel, and Greg Koch, Directer of Global Water Stewardship at The Coca-Cola Company. Moderated by Brad Gentry
Predicting the Future of the World Economy When professional stock analysts can’t predict the market — and when monkeys throwing darts at a newspaper pick as many winners as seasoned portfolio managers — who, if anyone, can predict what’s ahead? Five of the foremost economists of our time match wits with Gideon Rose, editor of Foreign Affairs, to uncover the trends that will move markets in the months and years to come. The panel includes: Jacob Frenkel, chairman, JPMorganChase International Glenn Hubbard, dean and Russell L. Carson Professor of Finance and Economics, Columbia Business School, Ruchir Sharma, Head of Emerging Markets and Global Macro, Morgan Stanley Investment Management Joseph Stiglitz, University Professor, Columbia University Shang-Jin Wei, NT Wang Professor of Chinese Business and Economy; Director of the Jerome A. Chazen Institute of International Business, Columbia Business School Presented by the Chazen Institute of International Business with media partner Foreign Affairs.
Entrepreneurs and Small Business Owners Can Use Acquisitions to Double or Triple Their Customer Base Overnight Oftentimes it’s easier to significantly increase your customer base through the acquisition of competitors than it is with the more commonly used marketing route. Anyone with at least a modicum of business experience appreciates just how challenging it is for an established business to grow its customer base by 10% per annum if it relies solely on marketing efforts. On the other hand, the acquisition of a competitor can double, triple, or quadruple your customer base at deal closing. Business Growth Strategies What many business owners don’t realize is that it can be cheaper as well faster to go with the acquisitions growth strategy. To illustrate this, let’s take a look at cases where this was capitalized on from the recent past. Specifically, let’s look at businesses which utilized subscriber revenue models such as cable-TV and Internet service providers. If you owned a small system in either industry, you were faced with a choice of growth through marketing or acquisitions. Now suppose that you had set as your goal a doubling of your subscriber base in five year’s time. We will assume that this target is extrapolated from your growth rates over the last three years. An analysis of your customer acquisition costs needed to double your sales over three years may show that a marketing based strategy’s costs will exceed those of an acquisition strategy. Morever, the acquisitions route will achieve your goal by doubling the subscriber base as soon as the deal is finalized. Are you still not convinced that an acquisitions-base growth strategy is the way to go? Okay, let me throw in another reason to seriously consider this option: lower risk. Yes, if you know your business and industry and decide to buy-out a competitor your risk can be reduced because you are taking control of an asset that you understand and that has passed your due diligence. Imagine for a moment that you own and operate a pizza parlor and are looking for ways to expand. One day a marketing consultant calls on you to pitch a new marketing strategy which he promises will double your sales over three years–but at a substantial cost. The week after you are notified by a friend that your competitor down the street is for sale. Acquisition of this pizza joint would instantly double your revenue. You compare the prices of the two options and discover that they are only about 15% apart. Which is the lower risk option? In most cases, the acquisition of an add-on profit center for your business. After all, you already know to successfully operate such a business and the lenders will trust you more than someone needing a loan to attempt some unproven growth strategy. Business Growth via Acquisitions Back in the 1990s, there was a great deal of M&A activity in the printing industry. One large printer embarked on […]
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- Your Personality and Your Brain | Scott Schwefel December 15, 2014
- Unleashing the Power of Philosophy | Patrick Gentempo December 15, 2014
- How to Grow Talent You Weren’t Born With | Russell Falstead December 15, 2014
- The Simple Power of One Breath | Jonathan Winn December 15, 2014
- The Most Polluted Generation | Penelope Jagessar Chaffer December 15, 2014
- British Student Launches Miraculous Fundraiser For "Homeless Hero" Who Helped Her In A Pinch December 17, 2014After losing her wallet one night, a British student found herself stranded with no way to pay for a subway. She ended up being saved by a "homeless hero". Now that selfless act is being returned in a BIG way.Read more: British Student Launches Miraculous Fundraiser For "Homeless Hero" Who Helped Her In A Pinch
- Vladimir Putin's Billionaire Buddies Have Lost An Astounding Amount Of Money In The Last Few Months December 17, 2014It's not a good time to be a Russian billionaire. As a result of western sanctions, falling oil prices and an imploding Russian economy, Vladimir Putin's billionaire buddies are seeing their fortunes evaporate.Read more: Vladimir Putin's Billionaire Buddies Have Lost An Astounding Amount Of Money In The Last Few Months
- Jose Diaz-Balart Net Worth December 16, 2014José Díaz-Balart Net Worth: José Díaz-Balart is a Cuban-American journalist and television anchorman who has a net worth of $5 million. José Díaz-Balart wasRead more: Jose Diaz-Balart Net Worth
- Gabriel Porras Net Worth December 16, 2014Gabriel Porras Net Worth: Gabriel Porras is a Mexican actor who has a net worth of $8 million. Gabriel Porras was born February 13,Read more: Gabriel Porras Net Worth
- Pablo Alborán Net Worth December 16, 2014Pablo Alborán Net Worth: Pablo Alborán is a Spanish musician, singer and songwriter who has a net worth of $10 million. Pablo Moreno deRead more: Pablo Alborán Net Worth
- Two Wells Fargo units to pay $1.5 million for anti-money laundering lapses: FINRA December 18, 2014(Reuters) - Two brokerage units of Wells Fargo & Co must pay a joint $1.5 million fine for failing to comply with anti-money laundering regulations by not verifying 220,000 new accounts during a...
- The best place to retire? You get to pick December 18, 2014NEW YORK (Reuters) - There are plenty of lists proclaiming "The Best Places to Retire."
- Allianz sells Fireman's Fund personal insurance business December 18, 2014FRANKFURT (Reuters) - German insurer Allianz on Thursday said it had agreed to sell its Fireman's Fund personal insurance business to insurer ACE for $365 million, freeing Allianz to focus on...
- After the new federal pension rules: What retirees need to know December 18, 2014CHICAGO (Reuters) - The last-minute deal to allow retiree pension benefit cuts as part of the federal spending bill for 2015 passed by Congress last week has set off shock waves in the U.S....
- World investors cut back stocks as risk aversion reigns December 18, 2014LONDON (Reuters) - World investors lifted exposure to bonds and cut back on more volatile equities as sentiment was buffeted by a Russian currency crisis, an uncertain growth outlook and rapidly...
- Deep Dive: Here are the best S&P 500 stocks and sectors of 2014 December 18, 2014It’s been a decent year for the market overall, despite all the warnings from bears.
- Need to Know: Google is now bigger than Mother Russia’s entire market December 18, 2014The stock market just went MAD. As in, it logged a major accumulation day. And Wednesday’s MAD, the first since October of last year, came in with a lopsided ratio of 17 to 1.
- David Weidner's Writing on the Wall: Here’s why Uber is getting a bad rap December 18, 2014It’s not that Uber is getting a bad rap, it’s that other companies don’t get the same criticism.
- Cuba could become Grand Central station for U.S. cruise ships December 18, 2014Could a Cuban beach vacation be the next big thing for American travelers?
- Jeff Reeves's Strength in Numbers: 5 high-yield, high-tech stocks for 2015 December 18, 2014Here are five tech companies that pay high dividends and have strong balance sheets.