Archive for ‘Money’

July 7, 2021

ESG

Principles for Responsible Investment

Equator Principles

Environmental, Social, and Corporate Governance (ESG) data refers to metrics related to intangible assets within an enterprise. Research shows that intangible assets comprise an increasing percentage of future enterprise value.

While there are many ways to think of intangible asset metrics, these three central factors together, ESG, comprise a label that has been adopted throughout the U.S financial industry. They are used for a myriad of specific purposes with the ultimate objective of measuring elements related to sustainability and societal impact of a company or business.

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July 6, 2021

The Factory

Warhol superstars

The Factory was Andy Warhol’s New York City studio, which had three locations between 1962 and 1984. The original Factory was on the fifth floor at 231 East 47th Street, in Midtown Manhattan. The rent was one hundred dollars per year. Warhol left in 1967 when the building was scheduled to be torn down to make way for an apartment building. He then relocated his studio to the sixth floor of the Decker Building at 33 Union Square West near the corner of East 16th Street, where he was shot in 1968 by Valerie Solanas.

The Factory was revamped and remained there until 1973. It moved to 860 Broadway at the north end of Union Square. Although this space was much larger, not much filmmaking took place there. In 1984, Warhol moved his remaining ventures, no longer including filming, to 22 East 33rd Street, a conventional office building. Many Warhol films, including those made at the Factory, were first (or later) shown at the New Andy Warhol Garrick Theatre or 55th Street Playhouse.

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July 4, 2021

TRIZ

Genrich Altshuller

TRIZ (‘theory of the resolution of invention-related tasks’) is ‘a problem-solving, analysis and forecasting tool derived from the study of patterns of invention in the global patent literature.’ It was developed by Soviet inventor and science-fiction author Genrich Altshuller (1926-1998) and his colleagues, beginning in 1946.

In English the name is typically rendered as the theory of ‘inventive problem solving,’ and occasionally goes by the English acronym TIPS.

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June 8, 2021

Nutcracker

God Bless America by Jed Egan

nutcracker is a type of alcoholic drink consisting of a mixture of hard liquor and sugary beverages such as fruit juice that originated and are made and sold in New York City. Originally sold via word-of-mouth by street vendors, nutcrackers have also been offered as ‘to-go cocktails’ by bars and restaurants.

Nutcrackers frequently consist of liquors such as vodka, rum, tequila and cognac, mixed with fruit juice, Kool-Aid or candy. They are sold mainly during the summer on the streets and on the beaches, and come in cups or small plastic bottles. The sale of nutcrackers without a license violates New York law, and the police have on occasion attempted to sanction it.

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June 1, 2021

Shrinkflation

Confectionery

In economics, shrinkflation is the process of items shrinking in size or quantity, or even sometimes reformulating or reducing quality while their prices remain the same or increase. The word is a portmanteau of the words shrink and inflation.

Shrinkflation allows companies to increase their operating margin and profitability by reducing costs whilst maintaining sales volume, and is often used as an alternative to raising prices in line with inflation. Consumer protection groups are critical of the practice because it has the effect of reducing product value by ‘stealth.’ The reduction in pack size is sufficiently small as not to be immediately obvious to regular consumers. 

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April 11, 2021

Sideman

david lindley

sideman is a professional musician hired to perform live with a featured act. John Lennon, Paul McCartney, George Harrison, and Pete Best acted as sidemen to Tony Sheridan before becoming famous as The Beatles.

Sidemen and sidewomen are often well-versed in multiple styles of music, and can be hired at any level of the music industry, from playing in a cover band to backing up established artists on major tours.

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March 18, 2021

Garden Hermit

Hermit

Garden hermits or ornamental hermits were hermits encouraged to live in purpose-built hermitages, follies, grottoes, or rockeries on the estates of wealthy landowners, primarily during the 18th century.

Such hermits would be encouraged to dress like druids and remain permanently on site, where they could be fed, cared for, and consulted for advice, or viewed for entertainment.

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March 9, 2021

Bog-wood

Bog

Bog-wood, also known as ‘abonos’ and, especially amongst pipe smokers, as ‘morta,’ is a material from trees that have been buried in peat bogs and preserved from decay by the acidic and anaerobic bog conditions, sometimes for hundreds or even thousands of years. The wood is usually stained brown by tannins dissolved in the acidic water.

Bog-wood represents the early stages in the fossilization of wood, with further stages ultimately forming jet, lignite and coal over a period of many millions of years. Bog-wood may come from any tree species naturally growing near or in bogs, including oak (‘Quercus’ – ‘bog oak’), pine (‘Pinus’), yew (‘Taxus’), swamp cypress (‘Taxodium’), and kauri (‘Agathis’). Bog-wood is often removed from fields and placed in clearance cairns. It is a rare form of timber that is claimed to be ‘comparable to some of the world’s most expensive tropical hardwoods.’

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March 4, 2021

Salamander Letter

Mark Hofmann

The salamander letter was a controversial document about the history of the Latter-day Saint (LDS) movement that presented a view of LDS founder Joseph Smith’s life that stood sharply at odds with the commonly accepted version of the early progression of the church Smith established.

The letter was one of hundreds of documents concerning the history of the LDS movement that surfaced in the early 1980s. Initially accepted by some document experts and collectors, the document was later demonstrated to be a forgery created by Mark Hofmann, who had been responsible for the ‘discovery’ of many other notable documents.

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January 1, 2021

Chia Pet

Bob Ross

Chia Pets are American styled terracotta figurines used to sprout chia, where the chia sprouts grow within a couple of weeks to resemble the animal’s fur or hair.

A range of generic animals has been produced, including a turtle, pig, puppy, kitten, frog, and hippopotamus. Cartoon characters have also been licensed, including Garfield, Scooby-Doo, Looney Tunes, Shrek, The Simpsons, and SpongeBob. Additionally, there are Chia Pets depicting real people, including Barack Obama and Bob Ross.

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December 21, 2020

Dogecoin

Doge

Dogecoin [dowzh-coin] (Ð) is a cryptocurrency featuring a likeness of the Shiba Inu dog from the ‘Doge’ Internet meme as its logo. Introduced as a ‘joke currency’ in 2013, Dogecoin quickly developed its own online community and reached a capitalization of $60 million within months.

It’s market capitalization peaked in 2018 at $2b; today it is pegged at $600m. In July 2020 the price of Dogecoin spiked following a TikTok trend aiming to get the coin’s price to $1.

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November 16, 2020

Hipgnosis Songs Fund

Merck Mercuriadis

Hipgnosis Songs Fund is a British Guernsey-registered music IP investment and song management company founded in 2018 by Canadian–American music industry executive and entrepreneur Merck Mercuriadis and co-founded by Chic guitarist Nile Rodgers, Mercuriadis’ former client.

Focused on songs and associated musical intellectual property rights, it was founded on the premise that hit songs are long-term predictable assets unaffected by economic cycles that will increase in value as the worldwide music streaming market grows. In addition to acquiring songs and songwriter catalogues, the company manages the playlist, cover, interpolation, and synchronization revenues of its IP.

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