The most honest CEO in the world
\nEver wondered what would happen if every U.S. CEO really said what he or she thought, instead of saying what he or she thought shareholders and employees wanted to hear? Check out the comments of D.R. Horton CEO Donald Tomnitz, who stunned the audience at a recent Citigroup investor conference with his bleak forecast for the U.S. housing industry:
"Yesterday, Donald Tomnitz, CEO of D.R. Horton (ticker symbol: DHI), flipped his lid\nspeaking at a Citigroup investor conference. "I don’t want to be too\nsophisticated here, but 2007 is going to suck, all 12 months of the\ncalendar year," Tomnitz blurted out during a Q&A session. Might not\nbe one of the seven dirty words you can’t say on television but\nshareholders should take note whenever the CEO loses his or her cool."
Not surprisingly, shares of the battered homebuilder fell another 1.45% on Friday, as investors decided that there is only one possible interpretation for the word "sucks."\n\n
[image: Mr. Housing Bubble]
Malcolm Gladwell teaches "Get over yourself and get to work" for Big Think Edge.
- Learn to recognize failure and know the big difference between panicking and choking.
- At Big Think Edge, Malcolm Gladwell teaches how to check your inner critic and get clear on what failure is.
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It's one of the most consistent patterns in the unviverse. What causes it?
- Spinning discs are everywhere – just look at our solar system, the rings of Saturn, and all the spiral galaxies in the universe.
- Spinning discs are the result of two things: The force of gravity and a phenomenon in physics called the conservation of angular momentum.
- Gravity brings matter together; the closer the matter gets, the more it accelerates – much like an ice skater who spins faster and faster the closer their arms get to their body. Then, this spinning cloud collapses due to up and down and diagonal collisions that cancel each other out until the only motion they have in common is the spin – and voila: A flat disc.
It's not just a case of "what doesn't kill you makes you stronger."
- A new study suggests children who endure trauma grow up to be adults with more empathy than others.
- The effect is not universal, however. Only one kind of empathy was greatly effected.
- The study may lead to further investigations into how people cope with trauma and lead to new ways to help victims bounce back.
Do you have a magnetic compass in your head?
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