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.
Today’s dispatch from The Interpreter is excellent: Here’s the Deal With the Saudi-Qatari Breakdown.
Richly informative while remaining brief and straight to the point.
Solid musings on the current state of hash standards, and how to choose the best path forward: ImperialViolet – Maybe Skip SHA-3
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!
Squee! As a long time follower of Maciej’s work, and a former devoted Delicious user, and a current Pinboard user, this turn of events makes me extremely happy.
Even worse, the amount of personal information that people put on social media has made it possible to automate spear phishing attacks, which are devastatingly effective.
Source: Hackers Hide Cyberattacks in Social Media Posts – NYTimes.com
Ran the Vermont City Marathon with Travis this year and came in at 3:53:13! Feeling pretty great about that result, since life circumstances meant that neither one of us was able to properly train. This experience was great, but the next race I sign up for will probably be a half.
Source: Vermont City Marathon with Travis | Run | Strava