May 2011
9 posts
Play
“Lawrence acknowledges the party’s laid-back nature. “No velvet ropes,” he says. There actually is a velvet rope separating the party from the rest of the lobby, but, you know, not a douchey rope.”
—Nick Douglas’s write up of the SocialListing party is pretty damn funny.
Here Is Where the May 21 Rapture Will Start →
cnbc.com
We all know WHEN the Rapture will happen. But how many of you know WHERE?
How Wall Street Hustled LinkedIn →
cnbc.com
When shares pop 100% after the IPO, it means the founders were misled by their investment bankers.
How to Trade the End of the World →
cnbc.com
Hint: The answer is not “whoever dies with the most stocks wins.”
Will Dominque Strauss-Kahn Get Diplomatic Immunity? →
cnbc.com
The short answer: He can claim it all he wants. But the courts are likely to tell him to pound sand.
Malcolm Gladwell’s Folding Point Error - CNBC →
cnbc.com
From Tipping Point:
“Consider, for example, the following puzzle. I give you a large piece of paper, and I ask you to fold it over once, and then take that folded paper and fold it over again, and then again, and again, until you have refolded the original paper 50 times. How tall do you think the final stack is going to be? In answer to that question, most people will fold the sheet in their mind’s eye, and guess that the pile would be as thick as a phone book or, if they’re really courageous, they’ll say that it would be as tall as a refrigerator. But the real answer is that the height of the stack would approximate the distance to the sun. This is an example of what in mathematics is called a geometric progression.“
In reality, however, no piece of paper can be folded 50 times. Gladwell’s ignoring the limits of physics to make geometric progression sound unlimited.
