Rainy Friday Nights!

- Charles M. Schwab

Mr. Cho accused Mr. Lee and his aides of committing a “grave crime” but said that he decided not to arrest them partly because they admitted to the wrongdoing and because their arrests would seriously disrupt the management of Samsung, which accounts for one-fifth of the country’s total exports, and endanger the national economy.

via NYTimes

Danny, It is my understanding that you are changing the world to drive product development and innovation. If so, I have written a book for people just like you. [...]

“Restaurant owners will often price the wine they buy cheapest at wholesale as the second cheapest wine on the menu. Why? Because people generally don’t order the cheapest wine and thus often turn to the second cheapest. Price that one higher, and you get a bigger marginal profit. Presto — restauranteur as microeconomist!” (from a reference to an old WSJ article I can’t locate online)

via What I Learned Today

Excerpt from The Young Man’s Business Model

I have plenty of opinions about business models, but to me, the best business model is one that makes your customer money. I didn’t say “saves” them money – big difference. Also, its better yet if that customer is a business. You need less businesses as customers to be successful than if you had individuals as customers. A common sweet-spot is BtoBtoC. Supply to businesses that supply to consumers (and of course, make them money).

Absolut ad redraws the U.S.-Mexico border – No such thing as bad press?

• Obama & creativity – Let the people do the work for you.

- a comment from our most popular post at OneTwo: Pandas gone wild

- from a friend.

• Frozen Grand Central The latest mission from ImprovEverywhere is genius.

Here’s why you should vote: you are going to really love it, the whole strange procedure. You get to walk right into a building that you would never normally be allowed in, often an elementary school. You can pause in the hallway to look at all the weird school-art and feel the eerie vibe of hundreds of kids living their endless kid lives right nearby. Then you follow the arrows to the voting room and look at the faces of the volunteers – who are these people? There is a hush of secrecy, the voting booth is clunky, the whole thing seems fake somehow. You consider filling in all the bubbles, like you did on the SATs. But you don’t. You vote. You walk back outside feeling like you just gave blood or something, lightheaded from citizenry. You are wearing a sticker that says “I Voted” and you wish you could continue to get stickers like this throughout the day: I Ate Dinner, I Went To Sleep, I Got Out Of Bed, I Went To Work. But alas, it is just this one thing that we all do together, savor it.

...

pps: non-american subscribers: sorry. for everything. we are working on it.

Newsletter from Miranda July with the subject “And While We’re On The Topic, I Am Voting For Barack Obama.”

• Propaganda Funny designs from a funny studio.

• the postcard says a new fun project by the fine people at five and a half.
• What Would Obama Say? The writer behind the Obama's oratorical speeches is a 26 year-old by the name of Jon Favreau. He's delivered some impressively poetic writing so far...
• What I Learned Today Recently, I started reading this site. You should, too.

• Consumption We're working on a new experiment and it's going to involve using photos found here.

this is the gold, people. misdirection and deceipt are what will give you a rep

fake checkpoint = yes

bad info, flyers with new locations = yes

fake judges = yes

signs pointing the wrong way = yes

do you see what we’re getting at here?

be creative, be cunning, be a little bit evil. con people.

start your team brainstorming and suprize everyone on race day.

Idiotarod. This Saturday.

• The Works: Anatomy of a City Amazon Prime, why do you make things so easy?

• Disinformation Watched this gem of a show from the Under the Radar festival on Friday night. A bizarre, funny, and quick-witted performance that is unlike anything you've seen before. Last performance on Sunday.

• Graphic designer Nicholas Felton's annual report is a visual look at how his 2007 went. Pages of fun infographics.