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Blog Archive for the ‘Business’ Category

Beehives and long-term thinking

by Austin Brown on July 20th, 02012

At the Harvard Business Review, Michael O’Malley describes some of the things he’s learned from his chosen hobby of beekeeping. By day, O’Malley is a consultant for large businesses trying to understand how recruiting, compensation, and training policies affect their employees’ choices (and how that affects the company as a whole). He. . .   Read More

Spotting the Future

by Alex Mensing on May 21st, 02012

Wired’s Epicenter blog, which covers the technology business, recently asked eight visionaries about their strategies for looking at and into the future. How do they see what’s on the horizon? What distinguishes important technologies before they become important?

Among those questioned were Long Now board members Esther Dyson, Paul Saffo and Peter Schwartz. . .   Read More

Investing in a Singularity

by Austin Brown on December 14th, 02011

The math governing compound interest offers an enticing proposition to investors with patience and an eye for the distant future. A great piece in Lapham’s Quarterly surveys this siren’s call and some of the characters, fortunes and court cases wrecked on its shores:
‘A few years before [Benjamin] Franklin drafted his will, philosopher. . .   Read More

The Warren Buffett-hedge fund bet tightens

by Austin Brown on April 27th, 02011

In 02008, Warren Buffet placed a Long Bet that will take until 02017 to resolve. He predicted that for those ten years, “the S & P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.”
Below is a summary of how. . .   Read More

Buffett’s longest bet looking better

by Alexander Rose - Twitter: @zander on April 27th, 02010

The second year’s results on Buffett’s Million Dollar Long Bet are in.  Article from Fortune Magazine below:

By Carol J. Loomis, senior editor-at-large. April 27, 2010: 9:34 AM ET

(Fortune) — Unaudited results are in for the second year of “Buffett’s Big Bet” — Warren Buffett’s 2008 wager against Prot. . .   Read More

Buffet’s Big Bet Update – Year 1

by Austin Brown on November 24th, 02009

It took a while to get all the numbers crunched, but the first year’s results from the Long Bet with the highest prize are in.  Over a year ago Warren Buffet challenged the managers of several funds-of-funds to outperform the S&P 500 over a 10 year period.  A one million. . .   Read More

9,000 year brewery lease

by Alexander Rose - Twitter: @zander on April 27th, 02009

Over the weekend I heard a story on NPR that referred to Guinness having a 9,000 year lease on its brewery that started back in the 1700’s.  I made a mental note to look it up when I got home.  No sooner did I get online than I saw a note from Paul. . .   Read More

Information Wants to Be Expensive

by Alexander Rose - Twitter: @zander on February 26th, 02009

Long Now member Tony Hansmann spotted this piece in the Wall St Journal which cites Stewart Brand’s quote on information in regard to the collapse of newspapers.

 One reason most media companies suspended normal business practices online, such as seeking subscription revenues, was a misinterpretation of one of the most powerful observations of the. . .   Read More

That’s What You Call Investing for the Long Term

by Alexander Rose - Twitter: @zander on February 22nd, 02009

 The New York Times is carrying and interesting story on some of the oldest US bonds ever issued, which are coming due in 02009.  They are civil war bonds from 01868.  Ironic that we are just about to pay off our very first bonds in the same year that we are likely to incur the. . .   Read More

Convergence08 Unconference

by Danielle Engelman on October 28th, 02008

The Convergence08 Unconference on Nano-Bio-Info-Cogno (NBIC) technologies and their interactions will be held November 15-16, 02008, at the Computer History Museum in Mountain View, California. Long Now Members receive a discount on the registration price – check your email for more information.

Long Now Board Member Paul Saffo, a Silicon Valley forecaster. . .   Read More