Esteban Galarza

59 Added | 4 Magazines | 4 Likes | 1 Following | 2 Followers | @ega_ | Dad (sqr)

When Grandma and Grandpa join the frenzy, you know bitcoin is turning into a bubble

One day in 2013, when the price of<p>bitcoinhad crashed to $600 from $1,200 in a matter of hours, I wrote that this showed that the virtual currency was a dumb investment.<p>Three months ago, when the price hit $5,000, I again called it a dumb investment.<p>So what about now, with bitcoin trading at about …

Cryptocurrency

Quotes From Socrates That Are Full Of Wisdom

Socrates. A Greek philosopher. An enigmatic genius. A genius who gave a whole new norm to the Western philosophy. The standard set by him, his …

Greek Philosophy

4 Rare (and Brilliant) Things Smart Leaders Do to Get Respect

The most unique leaders demonstrate some rather unusual behaviors not commonly seen in the corporate world. Is it any wonder they're so wildly successful?<p>Think about the great entrepreneurs who fuel success and make the business world go around. People like Tony Hsieh, CEO of Zappos, Jeff Bezos, …

Leadership

Can economic globalisation continue, despite the populist push-back against social globalisation?

Does the populist revolt now sweeping across the developed world mean that globalisation will be reversed? Donald Trump was elected on the back of …

OPEC Production Cuts and The Long Road To Market Balance

Global oil inventories are falling because of OPEC and non-OPEC production cuts but the road to market balance will be long and unpredictable.<p>Production cuts have removed approximately 1.8 million barrels per day (mmb/d) of liquids from the world market since November 2016 (Figure 1).<p>Saudi Arabia …

Stock Markets

What OPEC Really Thinks About Current Oil Prices

Last fall, OPEC sent shock waves through the oil market by agreeing to its first output cut in eight years. That decision marked a notable policy shift by the oil cartel, because it meant theabandonment of its pump-and-dump strategy, which it instituted in an ill-fated attempt to push high-cost …

Oil

7 unforgettable leadership lessons from the ancient Roman conqueror Julius Caesar

Beware the Ides of March!<p>On this day — March 15 — in 44 BCE, Julius Caesar had a pretty bad day at work. The dictator of Rome was lured to a meeting and stabbed to death by his coworkers.<p>Several years earlier, the politician and general had rose to power in a civil war. His assassination sparked …

World History

Break Bad Habits with a Simple Checklist

When we’re starting out on a new goal, we’re full of energy and enthusiasm. We eagerly make changes and take steps in our new direction in the first few weeks. But as time goes on, the newness wears off. Our energy drains, and we lose sight of our goal. Ultimately, we slide back into the status quo.<p>…

Why Leadership Is All About Finding an Employee's Most Valuable Contribution

Great leaders look for ways to bring out the best in their employees.<p>Everyone has value.<p>That's a dogmatic statement--some might disagree with me. Maybe you would say there are people who do not have value at all or who make a smaller contribution than others.<p>Without getting too moralistic about the …

Leadership

If You Want to Motivate Employees, Stop Trusting Your Instincts

Few topics have received more attention in talent management than motivation, defined as the deliberate attempt to influence employees’ behaviors with the goal of enhancing their performance, and in turn their organizational effectiveness. Indeed, other than talent, motivation is the key driver of …

40 Awesome Ways to Be an (Even) Better Leader

There is no better time than right now to question your current standards of leadership and set new, extraordinary ones for yourself.<p>You're a good leader. You run a good organization. You have a good product and a good brand. You have good customer service. Your sales are good. You have good people …

Leadership

3 Errors CEOs Make with Their Executive Teams

An organization is only as good as the relationship between the CEO and the executive team. Take the lead to avoid these common missteps.<p>The executive team is the most important unit in the company. CEOs and their executive teams have a symbiotic relationship, with mutual cooperation required for …

Management

Starbucks CEO Howard Schultz is stepping down

Schultz will be replaced by Starbucks' president and COO, Kevin Johnson, effective April 3. Johnson has been a member of Starbucks' board of directors for seven years.<p>Schultz will be appointed executive chairman. According to the company, he will shift his focus to Starbucks' higher-end Reserve …

Howard Schultz

Positivism | philosophy

<b>Positivism</b>, in Western philosophy, generally, any system that confines itself to the data of experience and excludes a priori or metaphysical …

British Philosophy

4 Questions Smart Leaders Always Ask Employees to Improve Their Performance

They're also great for fostering open dialog and developing meaningful work relationships.<p>I've written often on the power of transparency--the backbone of trust--that brings teams together to produce great work. Trust simply cannot happen without it.<p>And if you're in a leadership role, I caution …

Oil Markets: Iran's New Message

Iran wants “fair” oil prices – and says they are good for both producers and consumers.<p>That’s the new message Iranian President Hassan Rouhani sent to oil markets during a meeting with his Venezuelan counterpart Nicolas Maduro in Caracas on Friday. No discussion about pre-sanction market share was …

Oil

Troubled OPEC: Could Nigeria Swing Oil Markets?

With oil markets hemorrhaging for more than two-and-a-half years amid the worst oil market in arguably a generation, two weeks ago it appeared that Russia and OPEC de facto leader Saudi Arabia, the world’s top two oil producers, could possibly and finally agree on an oil production cap at a planned …

Africa

Turns Out That Oil Prices Don't Matter

Oil<p>Import costs used to hurt. But these days the U.S. produces so much oil that a boom has a mixed impact, and so does a bust.<p>by<p>Oil is not just the fuel that runs our cars. It’s also the fuel that runs our economies.<p>To continue reading this article you must be a Bloomberg Professional Service …

Oil

Ireland Jails Three Top Bankers Over 2008 Banking Meltdown

Three senior Irish bankers were jailed on Friday for up to three-and-a-half years for conspiring to defraud investors in the most prominent …

World Bank raises 2016 oil price forecast on supply outages, robust demand

NEW YORK (Reuters) - The World Bank raised its crude oil forecast for 2016 to $43 a barrel on Tuesday, from $41 a barrel, citing supply outages and robust demand in the second quarter.<p>Disruptions in oil supply during the second quarter, including from militant attacks in Nigeria and wildfires in …

Oil

Oil Prices: Lower For Longer ... And Then What?

Most of the time, Americans are only conscious of oil prices when they visit the gas pump.<p>When prices took a sharp tumble in early 2016, it was good news for drivers. Hey, let’s plan a longer road trip this year!<p>But like most things in life, low oil prices have pros and cons. While consumers …

Oil

7 Takeaways in the Success of Elon Musk for Young Entrepreneurs

<i>This piece originally appeared on Entrepreneur.</i><p>Elon Musk is among the top entrepreneurs who are in the news almost every day and have a vast impact …

Hate Your Job But Like Your Company? Do These Three Things

Don’t just grin and bear it or jump ship too soon. There’s a better future at your currently employer if you’re willing to work for it.<p>Meet Nick. Nick is seriously considering quitting his job. He’s been in the same position for almost three years and hates everything about it.<p>There’s only one …

Neoliberalism gave us Trump: A dying America is raging against the capitalist machine

The U.S. economy has left millions on the outside looking in. Some have turned to socialism, others to a demagogue<p>Arising from the shadows of the American repressed, Bernie Sanders and Donald Trump have been sending chills through the corridors of establishment power. Who would have thunk it? Two …

Human Resources

JPMorgan CEO Jamie Dimon says he learned one of the greatest leadership lessons from the former CEO of a $33 billion fast food company

But the reality, he says, is that "people have to learn to work together. Sometimes it's more about heart than it is mind."<p>Dimon, an investor in KFC and Taco Bell parent company Yum Brands— which has a market cap of around $33 billion— said he learned the key to working well with others from former …

Jamie Dimon

What Every Entrepreneur Can Learn From Howard Schultz About Success

<i>The Entrepreneur Insiders network is an online community where the most thoughtful and influential people in America’s startup scene contribute</i> …

Chinese Yuan

The No. 1 Way To Spot Weak Leadership

You can spot a weak leader a mile off by simply looking at the types of decisions they make. Not surprisingly, weak leaders pander to public opinion, they manage the routine rather than the extraordinary, and they worry more about being right than achieving the right outcome. Weak leaders seek the …

Leadership

Dow Chemical, DuPont CEOs on the Mega-Merger Deal

The chemical and agricultural industries are seeing a mega-merger; Dow Chemical (DOW) and DuPont (DD) announced Friday a deal valued at $130 billion.<p>During an interview on FOX Business Network’s Countdown to the Closing Bell, DuPont CEO Edward Breen and Dow Chemical CEO Andrew Liveris discussed the …

DuPont