Blogging, Bonds and Bathrooms – Matt Levine

Imagine going into an M&A pitch with a pitchbook page saying “we will tell you not to talk to the buyers in the bathroom during due diligence.” That is not a good slide! (Imagine the clip art!) And yet it’s the thing that stuck out to this former client, and that convinced him that Goldman’s skill is what got him a 40 percent premium.

Source: Blogging, Bonds and Bathrooms – Bloomberg

Whoever came up with the bathroom tip at Goldman must be very proud.

This is good, too:

There is no moral importance or objective truth involved in driving on the right or stopping on red and going on green; the value is that everyone agrees to follow the same rules. Similarly the value of GAAP is not so much that it reflects reality — though it does the best it can — but that it is generally accepted.

Timing 2: Automatic time tracking for the Mac just got better

Timing has been my favorite time tracking app for the Mac for years now, because it automatically tracks what I’m working on, so that after a day of juggling tasks I can look back and figure out how much time I spent on each project. This kind of tracking is indispensable for anyone who spends every day switching between multiple billable projects, which is where manual time trackers inevitably fail.

With Timing 2, everything just got better: easier assignment of blocks of time to clients, smarter rules for assigning apps and files to projects, and clearer visualizations for how you spent your time. In the past I’ve always considered logging my time to be a pain, but this app truly makes it a pleasure. Check it out and see!

How to Raise a Feminist Son – The New York Times

We’re now more likely to tell our daughters they can be anything they want to be — an astronaut and a mother, a tomboy and a girlie girl. But we don’t do the same for our sons.

Even as we’ve given girls more choices for the roles they play, boys’ worlds are still confined, social scientists say. They’re discouraged from having interests that are considered feminine. They’re told to be tough at all costs, or else to tamp down their so-called boy energy.

If we want to create an equitable society, one in which everyone can thrive, we need to also give boys more choices. As Gloria Steinem says, “I’m glad we’ve begun to raise our daughters more like our sons, but it will never work until we raise our sons more like our daughters.”

That’s because women’s roles can’t expand if men’s don’t, too. But it’s not just about women. Men are falling behind in school and work because we are not raising boys to succeed in the new, pink economy. Skills like cooperation, empathy and diligence — often considered to be feminine — are increasingly valued in modern-day work and school, and jobs that require these skills are the fastest-growing.

Source: How to Raise a Feminist Son – The New York Times