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Wednesday, April 17, 2019

Schramsberg Vineyards

The vast openness, dotted with happy little trees along the winding roads to Schramsberg vineyards is utterly breathtaking. A must visit.

Life In The Fast Lane Kills You

Philip Ball was spot on.

Useful link:
http://aging.nautil.us/feature/173/yes-life-in-the-fast-lane-kills-you

Leadership Lessons From Game Of Thrones

Bruce Craven was spot on. Persuasion skill is a gift.

Useful link:
https://www.strategy-business.com/article/Leadership-lessons-from-Game-of-Thrones?gko=33bc5

The Man Who Hacks His Own Body

Bold, curious, and different.

Useful link:
http://www.bbc.com/capital/story/20190326-the-man-who-hacks-his-own-body

Turn Influencers Into Creative Directors

If it works, it works.

Useful link:
https://www.fastcompany.com/90325270/the-woman-behind-the-instagram-influencer-penthouse-has-a-new-brainstorm-turn-influencers-into-creative-directors

For A. Lange & Söhne, Trends Don’t Mark The Moment

Good design always inspires.

Useful link:
https://www.scmp.com/magazines/style/watches/article/3002864/sihh-2019-lange-sohne-trends-dont-make-moment-wed-rather

Tuesday, April 16, 2019

Mailchimp Bootstraps To $600 M Revenue


Best of Bootstrapping: Mailchimp Bootstraps to $600M Revenue is one of the most powerful case studies of bootstrapped entrepreneurship out there. A must-read for aficionados of this style of business building. Take note.

Silvia Terra

SilviaTerra is a startup that uses AI to monitor global forest populations, with the tools it needs to store and analyze vast amounts of data. Take note.

Martin Rapaport Proposal

During a trade mission to Sierra Leone that involved a group of 29 international diamantaires and jewelers, Martin Rapaport, Chairman of the Rapaport Group, presented a proposal to the government of Sierra Leone that, in his company's view, would optimize the country's diamond industry. The proposal includes a systematic and sustainable business model that will optimize the benefit of Sierra Leone’s alluvial diamonds for the diggers, their communities, and the government. The plan involves giving artisanal diggers the opportunity to sell the diamonds they find through a legitimate government channel. I hope they succeed.

FTC Do’s And Don’ts Beyond Lab-Grown Diamonds

Take note.

Useful link:
https://www.nationaljeweler.com/majors/public-policy/7617-from-conclave-ftc-do-s-and-don-ts-beyond-lab-grown-diamonds

100 Plastic Rivers

A project called 100 Plastic Rivers which will produce the first systematic, global analysis of microplastics in freshwater ecosystems is a wakeup call for all of us. The plastic particles will pose a range of potential dangers, from affecting soils and food production and carrying toxic chemicals and microbes far and wide.

The Big Problem For All The New Gaming Platforms

Catch-up.

Useful link:
https://www.bloomberg.com/news/articles/2019-03-28/for-streaming-games-microsoft-has-what-google-and-apple-need?srnd=premium-asia

The World Of Silicon Valley Moneymaking Is Finally Open To Everyone

I hope it stays that way.

Useful link:
https://www.recode.net/2019/3/28/18284757/silicon-valley-ipo-uber-lyft-slack-trading-2019-middle-clas

What Makes Piaget Tick? Diamonds, More Diamonds – And Lots Of Gold

Spot on.

Useful link:
https://www.scmp.com/magazines/style/watches/article/3003115/sihh-2019-what-makes-piaget-tick-diamonds-more-diamonds-and

How 5G Will Transform The Way We Live And Work

Time will tell.

Useful link:
https://www.bloomberg.com/news/articles/2019-03-28/how-5g-will-transform-the-way-we-live-and-work?srnd=premium-asia

A Visionary 2006 Cabernet From A Napa Pioneer

Take note.

Useful link:
https://robbreport.com/food-drink/wine/this-louis-m-martini-2006-wine-is-ready-to-drink-now-2845413

Aaron Faber Gallery

A new jewelry exhibit opens at New York City’s Aaron Faber Gallery: Titled “Once in a Blue Moon.” The event is themed around blue gemstones and features the work of 21 invited jewelry artists. A must visit.

Monday, April 15, 2019

Random Thoughts

We got our tails kicked. That’s just business. A guy drops money on the counter, we accept the wager, we pay, and then we move on. Does it sting? Sure it stings, but it’s just part of the business. Tiger is Tiger. He’s the greatest golfer I’ve ever seen. Hopefully, we will get some new golf bettors out of it.

Ladies Who Punch

Ramin Setoodeh, an award-winning journalist, is the New York bureau chief for Variety. He was formerly a senior writer at Newsweek and has also written for The Wall Street Journal, the Los Angeles Times, and U.S. News & World Report, among other publications. Ladies Who Punch is his first book. A must read.

A Quarter Of Europeans Want AI To Replace Politicians. That’s A Terrible Idea.

Not really. First, we should give AI a chance. Then, judge.

Useful link:
https://www.vox.com/future-perfect/2019/3/27/18283992/ai-replace-politicians-europe-survey

Are You Ready For The Rise Of 'Hybrid' Jobs?

If it works, why not?

Useful link:
http://fortune.com/2019/03/21/hybrid-jobs-purple-squirrels

Podcast: The Nirav Modi Arrest And More

A must listen.

Useful link:
https://www.diamonds.net/News/NewsItem.aspx?ArticleID=63516&ArticleTitle=Podcast%253a%2bThe%2bNirav%2bModi%2bArrest%2band%2bMore

GIA Unveils New Diamond Origin Report

A remarkable add-on by GIA.

Useful link:
https://www.diamonds.net/News/NewsItem.aspx?ArticleID=63519&ArticleTitle=GIA%2bUnveils%2bNew%2bDiamond%2bOrigin%2bReport

Lightbox Adds More 1 Carat Solitaires—But With Drill Holes

There is some kind of magic around that 1 carat number.

Useful link:
https://www.jckonline.com/editorial-article/lightbox-1-carat-solitaires-holes

Delos

Get to know Paul Scialla, the founder of Delos, a New York City-based startup. Scialla sells a “Well” building certification that real estate developers, employers and hotel and resort operators can display in their lobbies and use in their marketing materials. Modeled after the well-known LEED green building standard, which is administered by a nonprofit, Scialla’s project differs in one key aspect: Delos is very much a for-profit company.

Sunday, April 14, 2019

Hydrogen Sensor For Hydrogen Powered Vehicles

Researchers at Sweden’s Chalmers University of Technology have developed the first hydrogen sensors ever to meet the future performance targets for use in hydrogen-powered vehicles. The device is capable of detecting 0.1 percent hydrogen in the air in less than a second. In a study published in the scientific journal Nature Materials, physicists Ferry Nugroho, Christoph Langhammer and other colleagues, explain that their optical nanosensor contains millions of metal nanoparticles of a palladium-gold alloy, a material that is known for its sponge-like ability to absorb large amounts of hydrogen. The device is also encapsulated in a plastic material.

Amazon's Peculiar Ways

The Leadership Principles may be the most public-facing of Amazon’s various lists of rules: The company has published them on its careers site. A must read.

Save Me The Plums

Get to know Ruth Reichl

The Moment Of Lift

The Moment of Lift by Melinda Gates is a must read. It is a wise, honest, and beautifully written book about how empowering women lifts up everyone.

The Business Of Your Face

It's a booming business. How do we regulate?

Useful link:
http://fortune.com/longform/facial-recognition

Bill Gates Thinks These 5 Agricultural Hacks Can Help Stop Climate Change

I hope BG's ideas and solution will work.

Useful link:
https://www.fastcompany.com/90326073/bill-gates-thinks-these-5-agricultural-hacks-can-help-stop-climate-change

Lafite Lovers, Rejoice

Only for a few.

Useful link:
https://robbreport.com/food-drink/wine/rare-chateau-lafite-rothschild-wines-go-to-auction-with-zachys-2845176

996 Work Culture

To survive at Alibaba Group Holding Ltd. you need to work 12 hours a day, six days a week. That’s what billionaire Jack Ma demands of his staff at China’s biggest e-commerce platform. Ma told an internal meeting that Alibaba doesn’t need people who look forward to a typical eight-hour office lifestyle, according to a post on Alibaba’s official Weibo account. Instead, he endorsed the industry’s notorious 996 work culture -- that is, 9 a.m. to 9 p.m., six days a week.

Over to you.

Saturday, April 13, 2019

Random Thoughts

The truth of the matter is that the retail landscape is evolving. Success at the shelf is no longer about the depth and breadth of inventory, but rather creating engaging experiences for customers. Many of the organizations that are struggling today were at one point very established brands who dominated the market by offering customers a variety of products to choose from.  They relied on their size and scale as advantages to win customers and chose to ignore indications that consumer behaviors were beginning to change. Advancements in technology have allowed consumers to decide how and when they shop and have created ecosystems where frictionless experiences are rewarded more so than assortment of SKUs. By the time many of these monolithic brands realized these new technologies weren't just fads, but rather fundamental shifts in how consumers were shopping, it was too late to try and adapt.

Things I Like

Age forty-nine. Complain about turning fifty.

Transformation Talks Podcast

Dan Cable, professor of organizational behavior at the London Business School, argues that although managers need an element of control to get results, change efforts should happen with less work and more play. For more insights, visit the Transformation Talks podcast series.
A must listen.

Heskia Almor Design

Get to know HAD. For more, visit heskiaco.com

Inside The Most Important New Museum In The Middle East

A must visit.

Useful link:
https://www.bloomberg.com/news/photo-essays/2019-03-27/a-first-look-inside-the-new-national-museum-of-qatar?srnd=premium-asia

A Brief History Of The Bagel

One of my favorite.

Useful link:
https://www.smithsonianmag.com/arts-culture/a-brief-history-of-the-bagel-49555497

The Electrifying Stories Behind Rock’s Most Famous Guitars

Take note.

Useful link:
https://www.wsj.com/articles/the-electrifying-stories-behind-rocks-most-famous-guitars-11553711505

The James Beard Awards Announce Its 2019 Nominees—See The Full List Here

Take note. The best of the best.

Useful link:
https://robbreport.com/food-drink/dining/james-beard-2019-nominees-announced-2845192

WET Design

Get to know WET Design, the water design studio run by former Disney Imagineers.

Friday, April 12, 2019

World Press Photo Of The Year 2019

The winners of the World Press Photo awards 2019 have been announced.  John Moore’s photograph of a young girl crying as she and her mother are detained after crossing into the US from Mexico won the €10,000 (£8,600) top prize.

Business Adventures

When the two billionaires first met back in 1991, Bill Gates asked Warren Buffett to recommend his favorite business book. Without missing a beat, the Berkshire Hathaway CEO answered: “Business Adventures” by John Brooks, then said he would send his copy to Gates. “More than two decades after Warren lent it to me — and more than four decades after it was first published — ‘Business Adventures’ remains the best business book I’ve ever read. John Brooks is still my favorite business writer,” Bill Gates wrote in his blog.

How could Bill Gates and Warren Buffett be wrong? They are the most successful and well respected businessmen in the world. Get a copy.

Global Silver Market

The Silver Institute has released a report saying global silver demand rose 4% – to 1.03 billion oz. – in 2018. This is the first time since 2015 that demand has risen year-over-year. Three factors were at play: demand growth, robust retail investment, and falling supply. On the demand side, sales of silver bars and coins rose by 20%, the largest driver was silver bar demand, which jumped 53%. Silver jewelry demand moved up 4%, to 212.5 million oz. Demand for industrial silver fell 1% to 578.6 million oz., due to a 9% drop in silver used in photovoltaic.

Good As Gold: Fashioning Senegalese Women

Good as Gold: Fashioning Senegalese Women features glittering treasures, gleaming coins and eye-catching jewelry and tells a rich story about the universally precious metal and its special relationship with the people of West Africa. Gold also provides an enduring link to the past in a new Sidedoor podcast that takes listeners on a journey through parts of the region. Take note.

The Future Is Female In China's Wealth Management Industry

Sign of the times.

Useful link:
https://www.bloomberg.com/news/articles/2019-03-27/the-future-is-female-in-china-s-wealth-management-industry?srnd=premium-asia

You Can Buy This Insane Jacob & Co. Watch—But Only If You Own A Bugatti

Take a look.

Useful link:
https://robbreport.com/style/watch-collector/you-can-own-this-insane-jacob-co-watch-but-only-if-you-own-a-bugatti-2845169

How Do Scientists Know What Colors Prehistoric Animals Were?

I had always wanted to ask this question.

Useful link:
https://www.smithsonianmag.com/science-nature/how-do-scientists-determine-colors-prehistoric-animals-180971807

Do You Know Your Jewelry Etiquette?

Many don't. Learn and practice.

Useful link:
https://www.jckonline.com/editorial-article/do-you-know-your-jewelry-etiquette

Graff Goes Wild: Check Out The Jeweler’s Endangered Animal GyroGraff Watches

Elegant. Different. Wearable.

Useful link:
https://www.jckonline.com/editorial-article/graff-gyrograff-watches-endangered

Contraceptive Jewelry? How Earrings Could Deliver Birth Control

Hard to believe, really.

Useful link:

Climate Action 100+

Climate Action 100+, a coalition of some of the world’s largest investors, who together manage $32 trillion in assets is a group to watch. I hope they will achieve their goals in due time.

Thursday, April 11, 2019

CIBJO Congress 2019

CIBJO, the World Jewellery Confederation, will hold its 2019 annual congress in Manama, the capital of the Kingdom of Bahrain, from November 18 to November 20. Pre-congress meetings will be held November 16 and 17, and the congress will follow the World Pearl Forum, which is due to take place on November 14 and 15. The CIBJO Annual Congress will be organised by DANAT, the Bahrain Institute for Pearls and Gemstones, which is dedicated to developing the local and regional pearl and gemstone industry, and operates one of the world’s most sophisticated laboratories in the field.

The official venue and hotel of the 2019 CIBJO Congress is the Four Seasons Hotel Bahrain Bay. Jewelers and gemologists: Mark your calendar!

Buying A US$1 Home In Italy

Sounds good? Well here's how you get a slice of the action.

Step uno: Head to Zungoli's official website -- www.comunezungoli.it. On the left column, there's a link titled "Case in vendita a €1."

You might need Google Translate to help you out at this point, or some rudimentary knowledge of Italian (which would be no bad thing anyway if you're thinking of living there.)

Step due: Click on the link and you'll see dozens of 50- to 100-square-meter dwellings listed. They're all in need of some TLC, so you'll need some imagination.

Step tre: Download the application form for the property you like. At this point you commit to renovating one within three years and must explain the type of project -- be it a private house, B&B or artisan shop.

Step quattro: Attach a copy of your ID and forward everything to the mayor's office by email or mail.

Step cinque: If your plan is approved, Caruso will send you a contract and then it's up to you to fly over to Italy and close the deal.

The catch: As with all these cheap home deals, buyers must pay a €2,000 security deposit and commit to refurbishing the property.

Work needs to start within a few months. Once it's complete and the purchase deed is made, the deposit is refunded.

There are tax deductions of up to 85% for any restyling works.

What are you waiting for?

Descript

Take a look at Descript, an app that bills itself as a word processor for audio. Descript can quickly transcribes the text, truncates the silences and render the speech editable and searchable. Give it a try.

Graff Lesedi La Rona

Lawrence Graff has unveiled the 67 polished stones it cut from the 1,109-carat Lesedi La Rona, including a record-breaking 302-carat diamond. The jeweler has named the square emerald-cut, 302.37-carat, D-color diamond the Graff Lesedi La Rona. It has yet to receive final certification for the stone, but expects a very high clarity grading. If it turns out to be flawless, it would be the largest D-flawless the Gemological Institute of America (GIA) has graded. It’s also the largest of its shape in history, according to the company. The entire process, from discovery through the cutting and polishing stages, took more than 18 months. Cutting a diamond of this size is an art form, the ultimate art of sculpture. It is the riskiest form of art, because one can never add and one can never cover up a mistake, one can only take away. The cutter have to be careful, and he must be perfect. Hats off to Lawrence Graff. He will be the King of Diamonds for a very long time.

Random Thoughts

If a soldier is imprisoned by the enemy, don’t we consider it his duty to escape? I think escapism in all its forms is a survival strategy, a way to think ourselves out of traps.

Consumerism At The Top Of The Curve

Looking at the statistics of the luxury vehicles market more closely reveals a more nuanced reality. Get to know Phong Ly, CEO of iSeeCars, and read the insightful statement accompanying the report.

The Devil Wears Prada?

The Devil Wears Prada? Effects of Exposure to Luxury Goods on Cognition and Decision Making [PDF(pdf)]. A must read.

How The Cartier Panthère Became A Jewelry Icon

A remarkable story.

Useful link:
https://www.townandcountrymag.com/style/jewelry-and-watches/a26828117/cartier-panthere-history-facts

Wednesday, April 10, 2019

The Paranoid Person’s Guide To Online Privacy

Take note.

Useful link:
https://www.fastcompany.com/90316917/the-paranoid-persons-guide-to-online-privacy

Hot Wired Guitar: The Life Of Jeff Beck

A must read.

Useful links:
https://www.omnibuspress.com/Product.aspx?ProductId=1105657
https://www.strategy-business.com/blog/Leadership-lessons-from-a-guitar-hero?gko=bfc3f

A Man's Guide To Engagement Rings

Take note.

Useful link:
https://www.swaggermagazine.com/home/culture/life-tips/a-mans-guide-to-engagement-rings

Visual Capitalist: A Brief History Of Jewelry Through The Ages

Insightful. Take a look.

Useful link:
http://resourceclips.com/2019/03/21/visual-capitalist-a-brief-history-of-jewelry-through-the-ages

Are Lab-grown Diamonds The Future?

Quite likely.

Useful link:
https://www.youtube.com/watch?v=s1h4gze_ktk&feature=share

5 New Gems To Read

Take note.

Useful link:
https://www.nytimes.com/2019/03/22/fashion/jewelry-books-rizzoli-flammarion.html

Ouizi

Louise Jones (née Chen), who goes by the artist name Ouizi, has gathered admirers and accolades for her luminous murals, which are often flower-themed.

Closed Loop Partners Report

A new report from Closed Loop Partners, an investment fund that works on building the circular economy, looks at the new technology coming to market. Take note.

Tuesday, April 09, 2019

Bingham Canyon Mine, US

The world’s biggest open-pit mine currently is the Bingham Canyon Mine in Utah. The copper mine, which is part of Rio Tinto’s Kennecott operation, is roughly 4km wide and more than 1.2km deep. The mine began production in 1906 and has produced more than 19 million tons of copper throughout its life, along with millions of ounces of gold, silver and molybdenum. It has been repeatedly expanded, and has gained an almost mythical reputation given its seemingly unending resources.

BanQu

BanQu, is a blockchain-based software, a service platform that creates a decentralized digital ledger of each transaction. Take note.

Escapex

Escapex is a new kind of social media. Each app is a decentralized social media platform that acts like Instagram, but is fully controlled by the influencer. Take a look.

Wallace Stevens

Get to know Wallace Stevens, one of the 20th century’s greatest poets.

Jonas Wood

Get to know Jonas Wood, a brilliant upcoming artist.

Useful link:
https://www.bloomberg.com/news/articles/2019-03-21/basketball-poker-propel-painter-to-pinnacle-of-the-art-world?srnd=premium-asia

A Beginner’s Guide To MMT

Take note.

Useful link:
https://www.bloomberg.com/news/features/2019-03-21/modern-monetary-theory-beginner-s-guide?srnd=premium-asia

Freedom Of Expression Medallion

Get to know BB.

Useful link:
https://foundrae.com
https://www.nationaljeweler.com/fashion/style/7535-foundrae-chimamanda-ngozi-adichie-created-this-medallion

The Con Artist Who Claimed Ties To The King Of Diamonds

Catch me if you can.

Useful link:
https://www.nationaljeweler.com/independents/crime/7539-the-con-artist-who-claimed-ties-to-the-king-of-diamonds

Monday, April 08, 2019

Firestorm Finds A Big Diamond In Lesotho

Africa-focused Firestone Diamonds has dug up a 72-carat yellow, whole makeable diamond at its Liqhobong Mine in Lesotho, the second one over 70-carat it has found this year. Take note.

Random Thoughts

Your life is not always going to fulfill you. Happiness is reality minus expectation. If you are looking for bliss, you are bound to be disappointed. The upside of low expectation is that they erase the gap between what we wanted and what we got.

Dearborn Supper Club

Get to know Chris Kong.

Useful link:
https://www.dearborn.sg

Yardbird

A new direct to consumer startup.

Useful link:
https://www.fastcompany.com/90320746/this-new-startup-makes-affordable-outdoor-furniture-out-of-ocean-plastic

Ornamental Traditions: Jewelry From Bukhara

Take note.

Useful link:
https://www.gia.edu/gia-exhibition-review-ornamental-traditions-jewelry-bukhara

Cryptocurrency Diehards Turn To Interest Bearing Accounts

A new trend.

Useful link:
https://www.bloomberg.com/news/articles/2019-03-20/crypto-diehards-turn-to-interest-bearing-accounts-after-meltdown?srnd=premium-asia

Pearl Goddess Pours Experience, Support Into GIA Alumni Association

Get to know Betty Sue King.

Useful link:
https://www.gia.edu/gia-news-research/pearl-goddess-pours-experience-support-gia-alumni-association

Sunday, April 07, 2019

Wild Places Safaris

Wild Places Safaris, is a company dedicated to creating life-changing travel experiences in Africa. Take note.

Mission Gold

Nick Marzano, an Australian photographer who publishes a glossy magazine, Mission Gold, which documents the world of trash pickers in San Francisco, estimates there are several hundred garbage scavengers in the city. Take a look.

Origin Of Cobalt Blue Spinel In Canada

Researchers from the University of British Columbia published the first scientific study of cobalt-blue spinel in Canada, a mineral that produces fine gemstones that range from red and pink to violet and blue. Take note.

Basic Income Experiment By Finland

After the Finnish government chose 2,000 unemployed citizens at random and gave them a check of 560 euros ($635) every month for two years ending last December, the recipients reported less stress than the control group. That was true even for recipients who felt they were still struggling to make ends meet, according to new findings released by Kela, a Finnish government agency. The recipients also reported that they felt more trust toward other people and social institutions — from political parties to the police to the courts — than they did before getting a basic income.

India should give it a try, starting with a small state like Kerala, and see where it takes.

Guizhou Jade From Qinglong, China

Take a look.

Useful link:
https://www.gia.edu/gems-gemology/winter-2018-gemnews-guizhou-jade-from-qinglong-china

Chart: Inclusions In Natural, Synthetic, And Treated Diamond

A good reference chart from the GIA.

Useful link:
https://www.gia.edu/gems-gemology/winter-2018-inclusions-natural-synthetic-treated-diamond

Inequality Is Holding Economies Back. Education Could Be One Solution

JS was spot on.

Useful link:
https://www.bloomberg.com/news/articles/2019-03-20/if-america-can-t-fix-education-it-won-t-beat-inequality?srnd=premium-asia

Forget Tesla, It's China's E-Buses That Are Denting Oil Demand

Take note.

Useful link:
https://www.bloomberg.com/news/articles/2019-03-19/forget-tesla-it-s-china-s-e-buses-that-are-denting-oil-demand

No Sleep, No Sex, No Life: Tech Workers In China’s Silicon Valley Face Burnout Before They Reach 30

This is the price of progress. Take it or leave it.

Useful link:
https://www.scmp.com/tech/apps-social/article/3002533/no-sleep-no-sex-no-life-tech-workers-chinas-silicon-valley-face

Saturday, April 06, 2019

Paul Zimnisky

Paul Zimnisky, CFA is an independent diamond industry analyst and consultant based in the New York metro area. For regular analysis of the diamond industry please consider subscribing to his State of the Diamond Market, a leading monthly industry report. Paul is a graduate of the University of Maryland's Robert H. Smith School of Business with a B.S. in finance and he is a CFA charterholder. He can be reached at paul@paulzimnisky.com and followed on Twitter @paulzimnisky.

Preqin Report

Private capital tracker Preqin says in a report, that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments. Take note.

Things I Like

Know first who you are, and then adorn yourself accordingly.