Read — 2015/04/26

by shwolff

Today’s selection of articles includes:

  1. Earthquake devastates Nepal, killing more than 1,900“, by Ellen Barry (NY Times). The magnitude-7.8 earthquake was centered “about 50 miles northwest of Katmandu”.
  2. As cognition slips, financial skills are often the first to go“, by Tara Siegel Bernard (NY Times). As retirement nears, consolidate financial clutter, assemble a trusted “protective tribe” to help manage finances, and heed warning signs of cognitive decline.
  3. The art of being apart“, by Lisa Grunwald (NY Times). “But let there be spaces in your togetherness” (Kahlil Gibran, The prophet).

Two investing-related articles:

  1. Thomas Staggs: Disney’s heir, apparently“, by Brooks Barnes (NY Times). A look at the trajectory past and future of the Disney CEO heir-apparent. Disney makes a point of preening its “family-friendly” brand image and maintaining warm consumer relations.
  2. Apple won’t always rule. Just look at IBM.“, by Jeff Sommer (NY Times). A cautionary tale about market dominance. I didn’t know that the IBM of the 1980s was heavily invested in, and excelled at, basic scientific research. (The article cites analysis from Dr. D. Quinn Mills at the Harvard Business School suggesting that despite the impressive research, “[IBM’s] focus on its own product lines and customer service flagged” in the early 1980s.) Also intriguing is the video of Steve Jobs’ 1983 Apple address.

And in historical news on this day:

  1. Soviet announces nuclear accident at electric plant“, by Serge Schmemann (NY Times, 26 April 1986). “An accident has occurred at the Chernobyl nuclear power plant as one of the reactors was damaged. Measures are being taken to eliminate the consequences of the accident. A Government commission has been set up.”
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