2 black men were arrested in Philadelphia Starrubucks stores asking to use restrooms . An Starbucks employee refused as they havent bought anything . The men sat down and were asked to leave and employee called the police.
Action taken by Starbucks
Starbuck has decided to close nation wide 8,000 stores to give training to all employess on racial bias.Starbucks will close the stores May 29 to offer the training to 175,000 employees .“I’ve spent the last few days in Philadelphia with my leadership team listening to the community, learning what we did wrong and the steps we need to take to fix it,” Kevin R. Johnson (CEO , Starbucks).
Handling the situation
Starbucks handled it very nicely by coming up solution of giving traning to all its employees . CEO (Kevin R. Johnson) has come out immediately and cleared Starbucks will not support any kind of racial bias and personally talked to 2 Black men those were arrested at Philadelphia store.
I think this is the way every organisation should react / response to such kinds of situations or crisis.
A hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets, often with complex portfolio-construction and risk-management techniques.
It is administered by a professional investment management firm, and often structured as a limited partnership, limited liability company, or similar vehicle.Hedge funds are generally distinct from mutual funds, as their use of leverage is not capped by regulators, and distinct from private equity funds, as the majority of hedge funds invest in relatively liquid assets.
Batteries will replace Solar power technology soon , lets find out ?
– Currenly in U.S electricity is generated by either Wind mills but when wind goes down its generated by natural gas.
– As we go on building more solar panels the cost of making will get cheaper the price is reduced to 20%
as compared to last decade.
– Batteries are expensive , they are useful where Solar power less state like Hawaii .
– The Tesla Gigafactory 1 is a lithium-ion battery factory under construction, primarily for Tesla, Inc., at the Tahoe Reno Industrial Center (TRIC) in Storey County (near the community of Clark, Nevada, United States).
– The factory started limited production of Powerwalls and Powerpacks in the first quarter of 2016 using battery cells produced elsewhere, and began mass production of cells in January 2017. Nevada Governor Brian Sandoval estimated that Nevada would enjoy $100 billion in economic benefit over two decades from the construction and operation of this factory. The grand opening event was held on July 29, 2016.
– Research says as of now only 1/10 th of worlds power is produced by battery and next couple of decades it will make only 3%.
– All major players such as Samsung , LG investing huge amount in battery powers etc.
One of the famous quote by Legendary investor and Billionaire Warren Buffet : If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I’d give it back to you and say it can’t be done.
Here is info-graphics that shows How Buffet chooses stocks by Using Graham’s and Phil Fisher principles on investing in equity.
As per analysis and statistics by The German Federal Office for Radiation Protection (Bundesamt für Strahlenschutz) , here is the list of smartphones who emits least radiations (in watts per killogram ). Sony Xperia M5 is at the helm which emits 0.14 followed by Samsung galaxy note 8 0.17.
Shark Tank is American reality show where aspiring entrepreneurs from around the world pitch their business models to a panel of investors and persuade them to invest money in their idea. Investor is known as Shark here. Here are some of best quotes from Sharks that we must adhere ,
Follow the green not the dream : Mark Cuban : If your idea / business is profitable by following 1 strategy then you have to stick with it dont lose your focus to start or infuse another strategy. For example in one of the Shark Tank pitches that business was profitable with food trucks strategy but the owners want to have brick and mortar stores as it was there dream to start with it.
3C defficiency : Cash , Credit , Customer : Daymond John : Your Business / product should not be having these Cash , Credit and Customers defficiencies . (3C Defficiency)
It’s good to own 10 % of watermelon than 100% of Apple : Mark Cuban : On asking for investment and you really feel that investor will add tremendous value then you have to lose more equity .
What time is selling time , it’ always a selling time : Robert Herjavec : Some enterpreneurs complains due to lack of time , resources available or wrong season these reasons they complain due to less sales /download / of their product.
If your Business / Idea is not profitable or not providing ROI then its a hobby : Kevin O’ Leary : Kevin has a litmus test of startup or business if its not generating any revenue after 3 years then you should decide whether you need to hit refresh . ( Change strategy , target audience or redefin roadmap / vision.)
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Warren Buffet is a CEO and revenue of Berkshire Hathaway is $223 billion USD.
Every quarter and year Berkshire Hathaway releases / publishes their annual report to public. Here is a list of all of its annual reports. Buffets talks about its thought about its investing in all of its annual reports , these are some consolidated ones.
At Berkshire, we much prefer owning a non-controlling but substantial portion of awonderful company to owning 100% of a so-so business; It’s better to have a partial interest in the Hope diamond than to own all of a rhinestone (an imitation diamond, used in cheap jewellery and to decorate clothes.).
Our flexibility in capital allocation – our willingness to invest large sums passively in non-controlled businesses – gives us a significant advantage over companies that limit themselves to acquisitions they can operate.
Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard’s.) I believe the trust’s long-term results from this policy will be superior to those attained by most investors – whether pension funds, institutions or individuals – who employ high-fee managers.
Keeps things simple and dont swing on fences , when promised on quick profits respond with quick no.
If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on.
Forming macro opinions or listening to the macro or market predictions of others is a waste of time. Indeed, it is dangerous because it may blur your vision of the facts that are truly important.
A “flash crash” or some other extreme market fluctuation can’t hurt an investor any more than an erratic and mouthy neighbor can hurt my farm investment.
When Charlie and I buy stocks – which we think of as small portions of businesses – our analysis is very similar to that which we use in buying entire businesses. We first have to decide whether we can sensibly estimate an earnings range for five years out, or more. If the answer is yes, we will buy the stock (or business) if it sells at a reasonable price in relation to the bottom boundary of our estimate.
The goal of the non-professional should not be to pick winners – neither he nor his “helpers” can do that – but should rather be to own a cross-section of businesses that in aggregate are bound to do well.
I can’t remember what I paid for that first copy of The Intelligent Investor. Whatever the cost, it would underscore the truth of Ben’s adage: Price is what you pay, value is what you get. Of all the investments I ever made, buying Ben’s book was the best (except for my purchase of two marriage licenses).
Ma is is a Chinese business magnate, philanthropist, internet and technology entrepreneur, who is the founder and executive chairman of Alibaba Group, a conglomerate of Internet-based businesses . His Net worth is $41.5 billion USD.
Jack Ma talks about Trade, Globalisation and Automation killing our jobs at World Economic Forum January 2018 at Davos.
In this era of technology, next World War will be against disease,poverty and pollution.
If you are ,
20-30 years old you should follow a good boss
30-40 do something about yourself
40-50 years old Jack suggest do things that you are good it
50-60 spend time in next generations.
Alibaba has 49% workforce are women.
Alibaba value first Customers , second employees and then Shareholders.
Nobody can stop globalisation if trade stops war starts.
My grandfather works 16 hrs a day and he says he is very busy , we work 8hrs a day still we are busy. Our children / grandchildren will work only 3 days 4 hrs a day a week.
You should spend better money than Government and other people.
Phillanthropy is about action , involvement not only about giving money. Philanthropy idea should be burried into Business Model.
If you want to be successful learn from other people’s mistakes. Dont listen to Success story. If I want to write a book that will be “Alibaba 1001 mistakes”.
Artificial intelligence will not kill our jobs. Computer will always be wise than Humans .
Leaders are always optimistic about future , then never complain and its about responsibility.
Alibaba is fighting everyday very hard to compete with others . Facebook, Google and Amazon , Alibaba are luckiest companies of this century.
On Singles day in China , Alibaba made $25 billion USD in 1 day . 270,000 transaction /sec. and 100 millions package a day that happen due to computing power.
Mark Cuban is Billionaire , Tech mogul and outspoken owner of Dallas Mavericks . He is Shark in Shark Tank (Shark tank is reality show where aspiring entrepreneurs from around the world pitch their business models to a panel of investors and persuade them to invest money in their idea.) . His Net Worth is $3.3 billion.
Before he invest in in an entrepreneur’s Business / Idea or Product he looks for ,
What is the roadmap or vision is clear of your Business ?
You are wantrepreneur or entrepreneur ?
Are you willing to sacrifice and work 24 * 7 to make sure your competitor will not kick your ass ?
He is not in favor of Subscription services or Business model .
Looks for a company rather than product for a investment.
Have you overvalued your Business or Idea that is born in Valley looks only for higher valuation doesnt want make a deal ?
Neural networks , Aritifical intelligence and Machine learning are some of key areas to invest Cuban thinks in upcoming period.
Mark wants enterpreneur to work hard rather than inveting , he does not want only inventor who keeps on inventing products / ideas over period of time and looses his focus
You should be clear with your Business economics (Revenue , EBIDTA , Profit / loss ) many times what happens is enterpreneurs are not good with numbers .
Enterpreneur must be quick decision maker and answer the question the single reason why should he invest in your idea ?
These traits Mark Cuban looks for in an enterpreneur.