2007.07.29
A letter from one of the Bancroft family explaining how they failed running Dow Jones, and why they have to sell to Murdoch --
Crawford Hill, WSJ (subscription):
Paying the Price for Our Passivity.
"When Warren Buffett proclaims as he did recently to
Charlie Rose, ‘They blew it....’ referring
to the Bancrofts' lack of assertive, questioning
ownership over the past 25 years, you had best listen."
...
"I always wondered what the point of owning something
was if you could not even seriously question those who
had been hired, in essence by you, to run your business.
How screwy is that? Well that gets back to Buffett, who
also said, that had things been run differently, we
might own a $50 billion business today not a $3.5
billion or even $5 billion business."
Discover Magazine:
Newsflash -- Time May Not Exist.
"Efforts to understand time below the Planck scale have
led to an exceedingly strange juncture in physics. The
problem, in brief, is that time may not exist at the
most fundamental level of physical reality."
2007.07.20
Laurel Wamsley, Slate:
The Lost Generation.
"I now realize what I didn't get at 14, or even at 20: I am a full-blood muggle. Everyone I know is a muggle. Even my heroes are muggles."
> But tonight at midnight, I'll be at a local bookstore with my kids....
Associated Press:
Five squirming fly larvae pulled from Colorado man's head.
"‘It's much funnier to everyone else,’ he said. ‘It makes my stomach turn over.’"
Associated Press:
Rugby player didn't notice tooth imbedded in his forehead.
