Benno Garwood

41 Flips | 21 Magazines | 5 Following | 1 Follower | @bennogarwood | Keep up with Benno Garwood on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Benno Garwood”

Who’s really in charge of company culture?

How much does the board influence company culture? Corporate governance expert Lucy Marcus goes behind the scenes.<p>Recent stories about the culture at online retailer Amazon gave me pause. An investigative report by the New York Times described a fairly toxic work environment, using phrases such as …

9 free things rich people do that make them more successful

Sure you have.<p>A great idea, motivation, persistence, and a little luck helps, but most successful people share certain habits.<p>Here are nine habits that have helped place them on the top:<p>Ray Dalio, the founder of Bridgewater Associates, told The Huffington Post in 2013 that "Meditation, more than …

5 ways to make money with your phone

You don't like to think about it, but between the up-front cost and the monthly contract payments, your phone costs you a fair bit of money. What you might not realize is that it can make you money, too.<p>You won’t get rich, but you can pay for a few trips to Starbucks. Here’s how to get started.<p><b>1.</b> …

Russia: How long until the economy cracks?

Russia is skating on thin ice: Cheap oil, Western sanctions and years of mismanagement have sent its economy into a deep freeze.<p>Now everyone is wondering when the ice will crack.<p>As things stand, Russian GDP is expected to shrink by 5% (or more) this year, inflation has soared to 15%, the ruble is …

20 Things All Entrepreneurs Should Know About Angel Investors

Angel investors invest in early stage or start-up companies in exchange for an equity ownership interest. Angel investing in start-ups has been accelerating. High-profile success stories like Uber, WhatsApp, and Facebook have spurred angel investors to make multiple bets with the hopes of getting …

How the Wall Street weasels won: Elizabeth Warren, Paul Krugman and the 1 percent’s desperate battle to save themselves

The 2009 crisis made radical reform possible. But Obama’s competent response let the big banks duck real change<p>Like the Roosevelt administration before it, the Obama administration’s response to the crisis entailed much more than just the use of fiscal and monetary tools. It included an impressive …

Religion’s sinister fairy tale: Extremists, the religious right, Reza Aslan and the fight for reason

We must no longer ignore the propagation of apocalyptic fables that large numbers of people take seriously<p>I would like to thank Reza Aslan. In his recent Salon rebuttal to denunciations (including mine) of religion put forward by people the media has come to call New Atheists, he resurrects a word …

The devious paradox of American inequality: How the rich get richer by staying hidden

In the United States, visions of poverty are much more commonplace than extreme wealth. And that’s an issue<p>The southernmost road from Miami Beach to Miami is called the MacArthur Causeway. In good weather, it’s a blissful drive. Biscayne Bay is so near and bright that you can almost imagine you’re …

8 Books Every Entrepreneur Should Read in 2015

Guest Writer<p>Entrepreneur, Executive Coach, Author, Speaker<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>My dad always used to tell me that the difference between the “you” now and the “you” 20 years from now will be the places you visit and the people you meet. I would also add …

Entrepreneurship

You might have to work forever: The honest reality about Social Security and retirement

Many of today’s workers won’t be able to retire at a traditional age and maintain standard of living. So now what?<p>Just 30 years ago, most American workers were able to stop working in their early sixties and enjoy a long and comfortable retirement. This “golden age” of retirement security reflected …

Joseph Stiglitz: Thomas Piketty gets income inequality wrong

The famed economist reveals the real reason the rich are getting richer — and what it means for the rest of us<p><i>Nobel laureate Joseph Stiglitz has been writing about America’s economically divided society since the 1960s. His recent book,</i>The Price of Inequality<i>, argues that this division is holding</i> …

The US-Cuba Embargo Created A Bizarre World Where Waiters And Artists Are The Richest People

"We will end an outdated approach that for decades has failed to advance our interests," he said in a speech at the White House.<p>The embargo, however, didn't just fail to advance US interests. It turned Cuba's social structure completely upside-down.<p>In Cuba today, native Cuban and renowned …

Telegraph logo

“There’s been class warfare going on for the last 20 years, and my class has won”

New research out of Oxfam proves Warren Buffet was right — and suggests income inequality is only getting worse<p>“There’s been class warfare going on for the last 20 years, and my class has won.”<p>Billionaire investor Warren Buffett made that remark more than three years ago and it still holds true …

Russia Is Tumbling Toward Its Economic Catastrophe Scenario

Russia's non-gold international reserves have dropped from $457 billion at the start of this year to $383 during October. The ruble has plunged 30% since the start of the year. To stem the drop in reserves, Russia's central bank on November 10 allowed the ruble to float freely in the market. I …

7 Online Marketing Tips for Entrepreneurs Who Can't Market or Sell

Starting a business, but don't have a sales or marketing bone in your body? Don't worry. Just follow these 7 tips.<p>An entrepreneur can be successful without being a marketer or salesperson.<p>This might sound a bit odd. After all, an entrepreneur goes into business to sell something--to create a …

Marketing

Why The Russian Central Bank Can't Defend The Ruble

In my last post I argued that currency-issuing central banks can do whatever they like because their control of resources means that no market participant will stand up to them. Apart, that is, from other central banks.<p>When a currency is rising in value due to capital inflows, the central bank can …

5 Reasons Why Your Financial Outlook Just Got Better

Look at your paycheck.<p>Chances are good you won't see much more there than you did in the summer of 2008 — just before the financial crisis hit. Average private-sector earnings are $24.53 an hour now, unchanged from 2008, after adjusting for inflation.<p>So most likely, you haven't felt yourself moving …

The prime minister’s claims about taxation were wrong on every single economic and moral ground<p>Believe the prime minister and it is morality, rather than economics, which requires him to cut taxes. In an important article in the <i>Times</i> last week that was factually incorrect, philosophically …

When Money Dies: Germany and Paper Money After 1910

The story of the destruction of the German mark during the hyper-inflation of Weimar Germany from 1919 to its horrific peak in November 1923 is …

The Surprising Truth About Where New Jobs Come From

“Don’t let anybody tell you that it’s corporations and businesses that create jobs,” Hillary Clinton said last week in Boston. “You know that old theory, trickle-down economics. That has been tried, that has failed. It has failed rather spectacularly. One of the things my husband says when people …

Here's The Characteristic That Sets Self-Made Billionaires Apart From The Rest Of Us

According to John Sviokla and Mitch Cohen, authors of "The Self-Made Billionaire Effect: How Extreme Producers Create Massive Value," it comes down to what the authors call "habits of mind."<p>Sviokla, the head of global thought leadership at Pricewaterhouse Coopers and a former Harvard Business …

Here's Why You Shouldn't Trust The Pictures On Hotel Websites

Professional reviewers from the hotel review website Oyster visited vacation properties from Barbados to Boston, and the photos they took didn't quite match up with the online fantasy.<p>If you're thinking of booking a warm getaway as the cold weather sets in, let these "photo fakeouts" serve as a …

Dominican Republic

Start Now: A Step By Step, Tough Love Guide To Saving For Retirement In Your 20s

As Stuart Ritter instructed new T. Rowe Price hires on the retirement savings options available to them, a woman in the back of the room at a recent orientation started pounding on the table in front of her. The 53 year-old told her mostly 20-something colleagues that after she graduated from …

Why Apple is Not a Tech Company

Peter Thiel argues that buying Apple means betting against innovation.<p>As the founder of PayPal, and the one of the first external investors in …

Investing

9 Books That Inspired Elon Musk

"I read books," he reportedly likes to say.<p>Musk — who was smart enough to get into a physics Ph.D. program at Stanford University and then drop out because it didn't seem that relevant to him — has always been hungry for the written word.<p>In its profile of the Tesla and SpaceX CEO, the New Yorker …

Pink Floyd's new album features Stephen Hawking - on a track called 'Talkin' Hawkin'' - FACT Magazine: Music News, New Music.

<b>It may not feature Roger Waters, but Pink Floyd‘s new album The Endless River does feature one interesting guest, physicist Stephen Hawking.</b><p>Hawking – …