4 Tips And Practices To Achieve An Excellent Annotated CRF SDTM

Creating an SDTM is to provide a comprehensive view of your project from start to finish. It includes identifying all the steps involved in running a clinical trial and documenting your work. But, what exactly is a CRF SDTM?  Case Report Forms – Study Data Tabulation Model (CRF SDTM) is a standardized data collection instrument […] Creating an SDTM is to provide a comprehensive view of your project from start to finish. It includes identifying all the steps involved in running a clinical trial and documenting your work. But, what exactly is a CRF SDTM?  Case Report Forms – Study Data Tabulation Model (CRF SDTM) is a standardized data collection instrument for conducting clinical research studies. It consists of a series of standardized cases that are used to collect information related to specific diseases, drugs, or conditions. .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more CRFs are valuable tools that allow researchers to gather large amounts of data quickly and efficiently. They can also help researchers determine if certain therapies work better than others, which may lead to more effective treatments being developed for people with specific conditions. A good annotated CRF SDTM is essential in various research domains, especially when it comes to clinical trials. Tips To Achieve An Excellent Annotated CRF SDTM Here are four tips and practices to help you achieve an excellent annotated CRF SDTM: Organize Your Annotations The first step to creating an annotated CRF SDTM is to organize your annotations. You can use a spreadsheet, a word processing program, or a dedicated automation tool. If you want to use a spreadsheet, start by creating a new document and entering all of your annotations in the spreadsheet's cells. This way, all of your data will be organized in one place and easy to access. You can also use the spreadsheet to keep track of any missing information or other issues that need to be resolved before submitting your CRF SDTM for review. If you prefer using a word processing program, you can also create an annotated CRF SDTM in this format. The main difference between annotating using a word processing program and using a spreadsheet is that you can’t see all of your annotations at once when working with text-based documents. You can also use multiple annotations for each CRF entry where appropriate. You can add multiple annotations to a single item to create a more detailed description of the item than what might fit into a single annotation box or even two. If needed, you can automate your annotations using tools like ryze automation and other similar instruments to reduce manual efforts. Practice Data Validation Data validation is the process of checking data for accuracy and completeness. It's essential to ensure that the information you enter into your system matches what the study participant provided on the consent form. It ensures that you have all of the information required to conduct your research. You also want to ensure that there’ll be no inconsistencies between what's in your database and what's on consent forms, which could cause errors in your analysis or reporting of results. In addition, you can use data validation tools to check for missing or invalid responses. For example, if you're asking a question about age, everyone who completes the survey must provide an answer to this question. If not, then there could be missing data points in your analysis or reporting of results at a later date when someone uses their age as part of their analysis. Integrate Data Data integration is essential because it helps achieve the best results from your research. It’s also critical to ensure that your research is credible and trustworthy. The ability to access all relevant information from different sources through one platform makes it possible for researchers to carry out their work more efficiently and accurately. This saves time and money that would’ve been otherwise spent collecting information from multiple sources separately. It also ensures consistency in reporting and analysis across different studies in a project or program since they’re based on the same set of data points. Integrate data from as many sources as possible. You can do this in various ways, such as using data from both client and provider databases or by creating a single database that contains all the relevant information needed for your study. Use de-identified data whenever possible to ensure you’re not breaking HIPAA or privacy regulations. Establish Recruitment Timelines Recruitment timelines are a vital element in developing an annotated CRF SDTM. The recruitment timeline outlines the period for each recruitment stage. You can do the following when establishing timelines: Schedule your recruitment timeline in advance. Based on your research question and eligibility criteria, define what constitutes a ‘good’ participant. Ensure that recruitment materials are easily accessible and easy to understand by potential participants. Create a recruiting plan that details how many people will be recruited, how long it’ll take, and what steps need to be taken next. It’s essential to begin on time and finish on schedule. You should establish recruitment timelines before starting the process and should be flexible enough that they can be adjusted to accommodate unexpected delays. Takeaway There’s no doubt that the annotated CRF SDTM is a crucial document. It's so vital that you need to get it right. It’s not easy to write a good CRF SDTM. It requires time, effort, and commitment. But, if you follow the tips listed above, it’ll be easier for you to achieve an excellent annotated CRF SDTM. Updated on May 20, 2022, 4:37 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkMay 20th, 2022

Tesla Will Soon Report A Terrible Q2: Shortseller

Stanphyl Capital letter to investors for the month ended June 30, 2022, discussing their short thesis for Tesla Inc (NASDAQ:TSLA). Tesla’s Gigantic Money Furnaces Losing Billions Of Dollars In an interview released in June but conducted in late-May with a local Tesla fan club, Elon Musk called Tesla Inc (NASDAQ:TSLA)’s new German and Texas factories […] Stanphyl Capital letter to investors for the month ended June 30, 2022, discussing their short thesis for Tesla Inc (NASDAQ:TSLA). Tesla’s Gigantic Money Furnaces Losing Billions Of Dollars In an interview released in June but conducted in late-May with a local Tesla fan club, Elon Musk called Tesla Inc (NASDAQ:TSLA)’s new German and Texas factories “gigantic money furnaces losing billions of dollars.” Yet in the quarterly conference call just five weeks prior to that he implied things were going great at those factories… if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more So, as Zach said, we remain confident of a 50% growth in vehicle production in 2022 versus ‘21. I think, we actually have a reasonable shot at a 60% increase over last year. So, let’s see. Obviously, we ramped production, as you will know, with Giga Berlin and Giga Texas in the past few months. So, with two fantastic factories with great teams, and they are ramping rapidly. Now, with new factories, the initial ramp always looks small, but it grows exponentially. So, I have very high confidence in the teams of both factories. And we expect to ramp those initially slowly, but like I said, growing exponentially with them achieving high volume by the end of this year. …and then proceeded to almost immediately dump billions of dollars in TSLA stock. Back when this country had an SEC that prioritized “corporate fraud” over nonsensical crap such as “climate change disclosures” it might have taken a look at this, but under Trump and now Biden the SEC has become one of the most useless agencies in Washington, which is quite an accomplishment considering its competition! We also learned in June that Tesla only fulfilled its obligation to report a series of serious Autopilot accidents to the NHTSA after the NHTSA had already learned about them. Elon Musk remains the most vile person ever to head a large-cap U.S. public company, and we remain short Tesla, the biggest bubble-stock in modern market history, because: It has a flat-to-sliding share of the world’s EV market and a share of the overall auto market that’s only around 1.5%, yet a market cap greater than the next 9 largest automakers (by market cap) combined despite selling fewer than 3% of the cars they do. It has no “moat” of any kind; i.e., nothing meaningfully proprietary in terms of its electric car technology (which has now been equaled or surpassed by numerous competitors), while existing automakers—unlike Tesla­—have a decades-long “experience moat” of knowing how to mass-produce, distribute and service high-quality cars consistently and profitably. Meanwhile, its previously proprietary Superchargers are being opened to everyone. Excluding working capital benefits and sunsetting emission credit sales Tesla generates only minimal free cash flow. Growth in sequential unit demand for Tesla’s cars is at a crawl relative to expectations. Elon Musk is a pathological liar. A Terrible Q2 Tesla will soon report a terrible Q2 (even before accounting for a roughly $500 million Bitcoin write-down), with deliveries down substantially from Q1, which itself showed no growth over Q4. However, Q2’s decrease was due to a monthlong COVID-related closing of Tesla’s Shanghai factory, and thus it might be a while yet before we can get a “clean” demand picture for the company. Regardless, Tesla has objectively lost its “product edge,” with many competing cars now offering comparable or better real-world range, better interiors, similar or faster charging speeds and much better quality. (Tesla ranks second-to-last in Consumer Reports’ reliability survey while British consumer organization Which? found it to be one of the least reliable cars in existence.) Thus, due to competitors’ temporary production constraints, waiting times are now longer for many of Tesla’s direct EV competitors than they are for a Tesla. (Here’s one example, and here’s another.) In fact, Tesla is now the second, third or fourth choice for many EV buyers, and only maintains its volume lead though a short-lived edge in production capacity that will disappear over the next 12 to 36 months as competitors rapidly increase the ability to produce their superior EVs. In fact, Tesla’s poorly-built Model Y faces current (or imminent) competition from the much better made (and often just better) electric Hyundai Ioniq 5, Kia EV6, Ford Mustang Mach E, Cadillac Lyriq, Nissan Ariya, Audi Q4 e-tron, BMW iX3, Mercedes EQB, Volvo XC40 Recharge and Polestar 3. And Tesla’s Model 3 now has terrific direct “sedan competition” from Volvo’s beautiful Polestar 2, the great new BMW i4, the upcoming Hyundai Ioniq 6 and Volkswagen Aero, and multiple local competitors in China—here, from Snowbull Capital’s @TaylorOgan, is just one example of that Chinese competition: And in the high-end electric car segment worldwide the Porsche Taycan (the base model of which is now considerably less expensive than Tesla’s Model S) outsells the Model S, while the spectacular new Mercedes EQS, Audi e-Tron GT and Lucid Air make it look like a fast Yugo, and the extremely well reviewed new BMW iX and Mercedes EQS SUV do the same to the Model X. The worst thing that can possibly happen to “the Tesla story” will be when its German and Texas plants are fully operational and the subsequent excess capacity stares the world right in the face, thereby ending its myth of “unlimited demand” (especially at current, drastically-raised prices, where the cheapest Model 3 now starts at $47,000 and the cheapest Model Y begins at $66,000); in fact, look for margin-destroying price cuts by late this year or early 2023. Tesla Is Netflix Indeed, for years I’ve said “Tesla is Blackberry”—the maker of a first-generation version of a product that—once the market was proven—would be supplanted into niche obscurity by newer, better versions; now I can provide a much more recent analogy: Tesla is Netflix. For years Netflix had an absurd valuation based on its pioneering position in streaming media, but once it proved that such a market existed myriad competitors swarmed all over it, and in April the stock collapsed when we learned that not only is Netflix no longer in “hypergrowth” mode but for the first time since 2011 (when it transitioned from physical DVDs) it actually lost subscribers. I believe Musk knows that Tesla is “the next Netflix” (hence his recent “Twitter buying distraction”), with VW, Hyundai/Kia, Ford, GM, BMW, Mercedes, BYD & other Chinese competitors and, in a few years, Toyota & Honda, being the Disney, HBO Max, Amazon Prime, Peacock, Hulu, Paramount +, etc., of the electric car market, stealing Tesla’s share and eventually pounding its stock price down 95% or so from today’s, into the valuation of “just another car company.” Meanwhile, in June the NHTSA announced that its investigation of Tesla’s deadly Autopilot has expanded into “an engineering analysis,” the last required step before (finally!) demanding a full recall. The refund liability potential for Tesla for this is in the billions of dollars, and possibly even the tens of billions if a class action lawsuit proves that the cars involved were purchased solely due to the (fallacious) promise of “full self-driving.” And, of course, there will be a massive “valuation reappraisal” for Tesla’s stock as the world wakes up to the fact that Tesla’s so-called “autonomy technology” is just trailing-edge garbage. Also in June the NHTSA released some raw data about driver assistance system crashes, and over 70% of them involved Teslas. (For all Tesla deaths cited in the media—which is likely only a small fraction of those that have occurred—see Also interesting is that—unlike for other systems—in the vast majority of cases the Autopilot Teslas hit something rather than “were hit,” as was the case for more advanced systems (Level 4). And Tesla has sold this trashy software for over five years now: …and still promotes it on its website via a completely fraudulent video! Meanwhile, the “record” profits that accompanied Q1’s nearly flat delivery number were obtained via myriad one-time items, including $679 million of emission credit sales that will disappear over the next year or two as every automaker ramps up its EV sales, a mysterious $502 million reduction in SG&A expense (of which only $140 million was due to reduced stock comp) despite opening new factories in Germany and Texas (what is Tesla capitalizing instead of expensing???) and a combination of FIFO accounting and multiple sticker price increases that allowed Tesla to expense rapidly rising raw materials costs at older, lower prices while selling cars built from those materials at new, considerably higher prices. And, as cited here previously, Tesla practices consistently fraudulent warranty accounting. Adjusting for these factors, Tesla had GAAP earnings for the quarter that were at least $1/share lower than the posted $2.86, and annualizing that realistic $1.86/share to $7.44 means that at June’s closing price Tesla (on a no-growth quarter) had a PE ratio of around 90 vs. an industry-wide figure in the mid-single digits. Meanwhile, excluding growth in net payables and $993 million in sunsetting emission credit sales, Tesla’s free cash for Q1 2022 and Q4 2021 combined was just $950 million, which annualizes to only around $1.9 billion*. A 15x multiple on this (roughly a 100% premium to BMW’s multiple) would make TSLA stock worth only around $28/share! *And I’m not even backing out Tesla’s massively dilutive stock comp An Energy Company And for those of you who think that Tesla is “really an energy company,” in Q1 “Tesla Energy” had revenue of just $616 million (down 10.5% sequentially) and cost of revenue of $688 million, meaning it had a negative gross margin. So if Tesla is “really an energy company,” it’s even more screwed than if it’s just a car company! Meanwhile, many Tesla bulls sincerely believe that ten years from now the company will be twice the size of Volkswagen or Toyota, thereby selling around 20 million cars a year (up from the current run-rate of around 1.3 million); in fact in March Musk himself even raised this as a possibility. To illustrate how utterly absurd this is, going from 1.3 million cars a year today to 20 million in ten years means that in addition to one million cars a year of eventual production from the new German and Texas factories, Tesla would have to add 35 more brand new 500,000 car/year factories with sold out production; i.e., a new factory nearly every single quarter for ten years! Another favorite hype story from Tesla bulls has been “the China market,” but Tesla’s Q1 2022 domestic China sales sequentially declined by approximately 8000 units vs. Q4 2021, and it had only around 1.9% of the overall Chinese passenger vehicle market and has flatlined at only around 10% of the BEV market. In other words, “Tesla China” is no longer “a growth story”: Another favorite Tesla hype story has been built around so-called “proprietary battery technology.” In fact though, Tesla has nothing proprietary there—it doesn’t make them, it buys them from Panasonic, CATL and LG, and it’s the biggest liar in the industry regarding the real-world range of its cars. And if new-format 4680 cells enter the market some time in 2024 (as is now expected), even if Tesla makes some of its own,  other manufacturers will gladly sell them to anyone. And oh, the joke of a “pickup truck” Tesla previewed in 2019 (and still hasn’t shown in production-ready form) won’t be much of “growth engine” either, as it will enter a dogfight of a market; in fact, Ford’s terrific 2022 all-electric F-150 Lightning now has over 200,000 retail reservations (plus many more fleet reservations), GM has introduced its fantastic 2023 electric Silverado which already has nearly 200,000 reservations and Rivian’s pick-up has gotten excellent early reviews. Regarding safety, as noted earlier in this letter, Tesla continues to deceptively sell its hugely dangerous so-called “Autopilot” system, which Consumer Reports has completely eviscerated; God only knows how many more people this monstrosity unleashed on public roads will kill despite the NTSB condemning it. Elsewhere in safety, the Chinese government forced the recall of tens of thousands of Teslas for a dangerous suspension defect the company spent years trying to cover up, and now Tesla has been hit by a class-action lawsuit in the U.S. for the same defect. Tesla also knowingly sold cars that it knew were a fire hazard and did the same with solar systems, and after initially refusing to do so voluntarily, it was forced to recall a dangerously defective touchscreen. In other words, when it comes to the safety of customers and innocent bystanders, Tesla is truly one of the most vile companies on Earth. Meanwhile the massive number of lawsuits of all types against the company continues to escalate. So Here Is Tesla’s Competition In Cars... (note: these links are regularly updated) Porsche Taycan Porsche Taycan Cross Turismo Porsche Macan Electric SUV Officially Coming in 2023 Volkswagen ID.3 Volkswagen ID.4 Electric SUV Volkswagen unveils ID.6 SUV EV in China Volkswagen ID.Buzz Electric Van Volkswagen unveils the ID. AERO sedan with 385 miles of range New sketch of 2025 Volkswagen ID.1 unveiled VW’s Cupra Born Volkswagen unveils $7.1B commitment to boost product line-up, R&D, mfg in N. America Audi e-tron Audi e-tron Sportback Audi E-tron GT Audi Q4 e-tron Audi Q6 e-tron confirmed for 2022 launch 2022 Audi A6 e-tron set to take on Tesla Audi will expand EV lineup with electric A6 wagon Audi TT to be axed in 2023 for 'emotional', electric replacement Hyundai Ioniq 5 Hyundai Ioniq 6 Will Be a Slick-Looking EV Sedan Hyundai Kona Electric Genesis reveals their first EV on the E-GMP platform, the electric GV60 crossover Genesis Electrified GV70 Revealed With 483 Horsepower And AWD Kia Niro Electric: 239-mile range & $39,000 before subsidies Kia EV6: Charging towards the future Kia EV9 to land in US in 2023 with 300-miles range, $50,000 price Kia EV4 on course to grow electric SUV range Jaguar’s All-Electric i-Pace Jaguar to become all-electric brand; Land Rover to Get 6 electric models Daimler will invest more than $47B in EVs and be all-electric ready by 2030 Mercedes EQS: the first electric vehicle in the luxury class 2023 Mercedes EQS SUV Is a Seven-Seat EV Flagship with up to 536 HP 2023 Mercedes EQE Electric Sedan Mercedes EQE SUV to rival BMW iX and Tesla Model X Mercedes EQC electric SUV available now in Europe & China Mercedes-Benz Launches the EQV, its First Fully-Electric Passenger Van Mercedes-Benz EQB Makes Its European Debut, US Sales Confirmed Mercedes-Benz unveils EQA electric SUV with 265 miles of range and ~$46,000 price Ford Mustang Mach-E Available Now Ford F-150 Lightning electric pick-up available 2022 Ford set to launch ‘mini Mustang Mach-E’ electric SUV in 2023 Ford to launch 7 EVs in Europe in big electric push Ford unveils Lincoln Star electric SUV concept as it readies to add four new EVs by 2026 Polestar 2 sedan Polestar 3 SUV With 372-Mile Range Coming Late 2022 Volvo XC40 Recharge Volvo C40 Recharge Chevrolet Bolt sedan, 259-mile range starting at $31,000 Chevrolet Bolt EUV electric crossover Cadillac All-Electric Lyriq Available Spring 2022 GMC 2022 ALL-ELECTRIC SUPERTRUCK HUMMER EV GM’s 2023 electric Silverado pickup truck GMC to launch electric Hummer SUV in 2023 2023 Chevrolet Blazer EV primed to take on Tesla Model Y GM Launches BrightDrop to Electrify the Delivery of Goods and Services GM & Honda Will Codevelop Affordable EVs Targeting Most Popular Vehicle Segments Honda pours $40 billion into electrification, targets 2 million EV production by 2030 Honda and Sony finalize 50-50 joint venture to build EVs in 2025 BMW leads off EV offensive with iX3 BMW expands EV offerings with iX tech flagship and i4 sedan BMW i7 EV, with 600 hp, will be most powerful variant of new 7 Series flagship BMW iX1 Revealed With 313 HP, 272 Miles WLTP Range Renault-Nissan alliance plows $26B into EV blitz- will jointly launch 35 new EVs Nissan vows to hop back on EV podium with Ariya Nissan LEAF e+ with 226-mile range is available now Nissan Unveils $18 Billion Electric-Vehicle Strategy Renault upgrades Zoe electric car as competition intensifies Renault Dacia Spring Electric SUV Renault to boost low-volume Alpine brand with 3 EVs Renault's electric Megane will debut new digital cockpit Stellantis promises 'heart-of-the-market SUV' from new, 8-vehicle EV platform Chrysler to go all-EV by 2028 Alfa Romeo's First Electric Car Will Arrive in 2024 Peugeot e-208 PEUGEOT E-2008: THE ELECTRIC AND VERSATILE SUV Peugeot 308 will get full-electric version Subaru shows off its first electric vehicle, the Solterra SUV Citroen compact EV challenges VW ID3 on price Rivian R1T Is the Most Remarkable Pickup We’ve Ever Driven Maserati going fully electric by 2030 -all vehicles will offer a BEV version by 2025 Mini Cooper SE Electric Toyota’s Electric bZ4X Goes On Sale in Spring 2022 Toyota will have lineup of 30 full EVs by 2030; Lexus will be all-electric brand Honda and Sony to build, sell EVs by 2025 Opel sees electric Corsa as key EV entry 2021 Vauxhall Mokka revealed as EV with sharp looks, massive changes Skoda Enyaq iV electric SUV offers range of power, battery sizes Electric Skoda Enyaq coupe to muscle-in on Tesla Model 3 Skoda plans small EV, cheaper variants to take on French, Korean rivals Nio to launch in five more European countries after Norway BYD will launch electric SUV in Europe The Lucid Air Achieves an Estimated EPA Range of 517 Miles on a Single Charge Bentley will start output of first full EV in 2025 All-electric Rolls-Royce Spectre to launch in 2023 – firm to be EV-only by 2030 Aston Martin will build electric vehicles in UK from 2025 Meet the Canoo, a Subscription-Only EV Pod Coming in 2021 Two new electric cars from Mahindra in India; Global Tesla rival e-car soon Former Saab factory gets new life building solar-powered Sono Sion electric cars Foxconn aims for 10% of electric car platform market by 2025 And In China, Where Tesla’s EV Market Share Is Stuck At 10% And Not Growing… BYD is #1 in Chinese EVs, selling FAR more than Tesla Volkswagen to boost Chinese EV capacity to 1m by 2023 Audi-FAW's $3.3 billion electric vehicle venture Nio Xpeng Motors Hozon/Neta Li Auto GAC Aion Leap Motors GM launches Ultium EV production platform in China Ford Mustang Mach-E Rolls Off Assembly Line in China Cheaper than Tesla: Honda takes aim at China's middle class BMW i3 Debuts As All-Electric 3 Series Only For China Hongqi Geely Zeekr Premium EVs by Geely Baidu and Geely put nearly $400 million more into their electric car venture Mercedes-Benz Said To Build EV In China From 2024 BAIC Hyundai, BAIC Motor to inject $942 mn in China JV for EVs Toyota partners with BYD to build affordable $30,000 electric car Lexus RZ 450e Steers For China Dongfeng SAIC Renault launches sales of first EV in China Nissan expects 40% of sales in China to be electrified by 2026 Changan forms subsidiary Avatar Technology to develop smart EVs with Huawei, CATL WM Motors/Weimar Chery Seres Enovate Singulato JAC Motors Iconiq Motors Aiways Skyworth Auto Youxia Human Horizons Xiaomi announces plans for four electric vehicle models Here's Tesla's Competition In Autonomous Driving; The Independents All Have Deals With Major OEMs… Waymo ranked top & Tesla last in Guidehouse leaderboard on automated driving systems Tesla has a self-driving strategy other companies abandoned years ago Waymo operates robotaxis NOW GM’s Cruise operates robotaxis NOW Argo AI (owned by Ford & VW) Begins Driverless Vehicle Operations in Miami & Austin Mobileye operates driverless test fleets in Europe and the U.S. Cadillac Super Cruise Sets the Standard for Hands-Free Highway Driving Ford’s hands-free “Blue Cruise” Mercedes Launches SAE Level 3 Drive Pilot System Honda Legend Sedan with Level 3 Autonomy Now Available in Japan Hyundai + Motional Bringing IONIQ 5 robotaxis to the streets from 2023 Amazon’s Zoox will test its autonomous vehicles on Seattle’s rainy streets Baidu Apollo’s autonomous driving service is now inclusive to all the megacities in China Alibaba-backed AutoX unveils first driverless RoboTaxi production line in China approved for public driverless robotaxi service in Beijing Here's Where Tesla's Competition Will Get Its Battery Cells... Panasonic (making deals with multiple automakers) LG Samsung SK Innovation Toshiba CATL BYD Northvolt Volkswagen to Build Six Electric-Vehicle Battery Factories in Europe GM’s Ultium GM to develop lithium-metal batteries with SolidEnergy Systems Ford, SK Innovation announce EV battery joint venture BMW & Ford Invest in Solid Power to Secure All Solid-State Batteries for Future Electric Vehicles Stellantis affirms commitment to build battery factory in Italy with Mercedes, TotalEnergies Stellantis and Samsung SDI to Invest Over $2.5B in Battery Production Plant in United States Stellantis and LG to Invest Over $5 Billion CAD in Joint Venture for Li-Ion Battery Plant in Canada Stellantis and Factorial Energy to Jointly Develop Solid-State Batteries for Electric Vehicles Mercedes-Benz to build 8 battery factories in push to become electric-only automaker Mercedes-Benz and Sila achieve breakthrough with high silicon automotive battery Toyota to build plant in N.C. capable of making up to 1.2M batteries a year Toyota Outlines Solid-State Battery Tech, $13.6 Billion Investment Nissan Announces Proprietary Solid-State Batteries Daimler joins Stellantis as partner in European battery cell venture ACC Renault signs EV battery deals with Envision, Verkor for French plants Nissan to build $1.4bn EV battery plant in UK with Chinese partner UK companies AMTE Power and Britishvolt plan $4.9 billion investment in battery plants Foxconn breaks ground on first EV battery plant Freyr Verkor Farasis Microvast Akasol Cenat Wanxiang Eve Energy Svolt Romeo Power ProLogium Hyundai Motor developing solid-state EV batteries Morrow Here's Tesla's Competition In Charging Networks... Infrastructure Bill: $7.5 billion Towards Nationwide Network of 500,000 EV Chargers Electrify America EVgo Chargepoint Ionity Europe Shell 51 U.S. electric companies commit to build nationwide EV fast charging network by end of 2023 GM to Expand Access to EV Charging with More than 40,000 Charging Stations Volkswagen powers up the grid to take on Tesla Circle K begins North American EV fast charger rollout, plans 200-site network by 2024 Porsche to build out its own network of EV charging stations Petro-Canada Coast-to-Coast Canadian Charging Network Volta E.On BP Volkswagen and BP partner to deploy up to 8,000 EV chargers across EU/UK Smatric Allego Podpoint Instavolt Fastned Total Nio Battery Swap Stations BMW to Build 360,000 Charging Points in China to Juice Electric Car Sales Evie And here’s Tesla’s competition in storage batteries… Panasonic Samsung LG Energy Solutions CATL BYD AES + Siemens (Fluence) GE Hitachi ABB Toshiba Saft Johnson Contols EnerSys SOLARWATT Sonnen Generac Kokam Eaton Tesvolt Leclanche Lockheed Martin Honeywell EOS Energy Storage ESS Electriq Power Redflow Primus Power Simpliphi Power Invinity Murata Bollore Adara Blue Planet Aggreko Orison Powin Energy Nidec Powervault Kore Power Shanghai Electric LithiumWerks Natron Energy Energy Vault Ambri Voltstorage Cadenza Innovation Morrow Gridtential Villara Elestor SolarEdge Q-Cells Huawei Toyota ADS-TEC Form Energy Enphase Sumitomo Electric Stryten Energy Freyr Growatt Polarium Thanks, Mark Spiegel Updated on Jul 1, 2022, 10:56 am (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJul 1st, 2022

The Best Marketing Strategies For eCommerce Businesses

Every day, new internet users buy products online. From America to Europe to Asia, eCommerce is here to stay. Therefore, it’s no surprise that global eCommerce sales are expected to hit $5.5 trillion in 2022, according to Statista. But while you have more potential customers, more competitors are also trying to take their share of […] Every day, new internet users buy products online. From America to Europe to Asia, eCommerce is here to stay. Therefore, it’s no surprise that global eCommerce sales are expected to hit $5.5 trillion in 2022, according to Statista. But while you have more potential customers, more competitors are also trying to take their share of the eCommerce pie. So, don’t expect internet users to land on your website and launch a buying spree without your effort. That’s why marketing is vital to any successful eCommerce business’s operations. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more Now, there’s no single strategy that works for every eCommerce business. So how do you know the best for your business? This guide will show you the most effective marketing strategies and how to identify the best for your needs. How Do You Know What Strategy Is Best For Your eCommerce Business? As I mentioned earlier, every eCommerce business’s marketing strategy is unique according to various factors. Nevertheless, here are three critical considerations to help you discover the best marketing strategy for your eCommerce business. Your ideal buyer While billions of users are online, only a few profiles of people qualify as your ideal customer. Therefore, defining your ideal buyers will determine most of your marketing and even business decisions. You can define your ideal buyer by creating a buyer persona, which will include details such as: Name Gender Age Income Favorite marketing channels Location Pain points Ambitions Hobbies These pieces of information will determine elements of your marketing campaigns, such as marketing channels, brand voice, targeting criteria, and more. Here’s an eCommerce buyer persona example from Drip: Your marketing goals Although your overall goal is to acquire more customers and revenue, there are many stages of that journey. Your marketing campaigns at various buyer journey stages will have different goals. Common marketing goals for eCommerce businesses include: Brand awareness Lead acquisition Customer acquisition Customer retention Once you have a goal for your marketing campaign, it will inform your marketing messages, channels, and tasks. You must also define the metrics to measure your goal during the goal-setting process. Without setting a goal for your marketing campaigns, you can easily fall into a scattergun approach. As a result, there’ll be no way to measure the success or failure of your campaigns. Your marketing budget First, your overall budget will determine the channels you’ll focus on. With a big budget, you can have more space to experiment. However, a small budget will restrict you to only a tried-and-tested strategy. Whatever your budget, it’s vital to optimize it to obtain the best result possible. Considering these factors, you can create a unique eCommerce marketing strategy to meet your business needs. The Best eCommerce Marketing Strategies Below, we’ll consider six proven strategies to help you reach more customers. Of course, you can combine some of these strategies to achieve your marketing goals. Let’s go into the details. Ecommerce SEO Before a customer is ready to buy your product, they’ve done a lot of research. So to give your business the best chance of converting prospects, you must connect with them during the research stage. ECommerce SEO is the process of optimizing your web pages to rank high for essential business keywords. Here are tasks to execute to improve your eCommerce SEO: Content Marketing: no page can rank on search engines without some content on it. Hence, valuable content is one of the most vital criteria for ranking high for a keyword. Today, SEO has gone beyond just stuffing a page with keywords. Search engines consider search intent and ensure your content provides the information a searcher is looking for. Therefore, creating pieces of content that solve your visitors’ problems is vital. Technical SEO: includes tasks you execute in your website’s backend to ensure search engines can quickly discover your website. For example, you can submit your sitemap to index your pages and make them crawlable. Another aim of technical SEO is to improve the website experience for visitors. For instance, you can increase the speed of your website for a boost in rankings and usability. Another similar focus is making your website mobile-friendly to complement both of the points mentioned above. On-Page SEO: these are SEO tasks you do on your web page. They include tasks such as adding your target keyword to the page URL, title, subheadings, and other aspects of your page. Header tags are essential, they help break down content to help search engines better understand your content. Off-Page SEO: while you can improve SEO for your eCommerce website through many actions on your website, you can also take steps outside your website. One of the most prominent off-page SEO tactics is link building. When other websites relevant to your niche link to your page, they help build the authority of that page. Another critical factor is that the website linking to you already has a lot of high-quality backlinks to your pages will boost your chances of higher ranks. By engaging in eCommerce SEO campaigns, you can acquire more leads and customers through search engines. Pay Per Click Advertising Improving organic search and social media performance can take a lot of time that you don’t have. However, with pay-per-click (PPC) advertising, you can reach your audience now. For PPC advertising on Google, you must take the necessary steps to improve your chances of success. They include: Conduct keyword research: what keywords are your potential buyers putting in the search box? You can find the best keywords to reach your prospects through keyword research on Google Keyword planner and other research tools. Adjust bidding according to your goals: Are your ads showing up for your preferred keywords? Is the competition too high? Is a click worth much higher than you’re currently bidding? You can also achieve better success with your bidding if you increase your ad quality score through high-relevant ads and better click-through rates. Build relevant landing pages: your ad copy must align with your landing page copy to improve your chances of conversions. Some landing page builders allow you to take it further through dynamic text replacement. This will feature searchers’ keywords on your landing page. Use Google shopping ads: These ads are usually created for transactional keywords. These ads will display your products and their prices on the search results page. You can also add shipping information and ratings. Use retargeting ads: if someone has visited some pages on your website, you can send them ads related to those pages. For instance, you can target a shopper who has visited a product page with ads for that product. This will make them more receptive to your ads. After executing these tactics, you can improve performance through A/B testing. Frankly, there’s no single ad that works for every business. So, you have to test various ad campaign elements to improve performance. Email Marketing According to statistics from Litmus, email marketing can deliver an ROI of $45 for every dollar spent by eCommerce businesses. So, unsurprisingly, this is one of the best marketing channels to improve performance. That is because email marketing for eCommerce has many advantages compared to other marketing channels. First, your marketing messages will land in your subscribers’ inboxes. This is more exposure than other channels. Second, sending different messages according to the subscriber’s interests is easy. In other words, personalization can make a lot of difference in your marketing campaigns. Naturally, the best email marketing software you can use today will allow you to personalize your emails based on many criteria such as: Name Birthdays Gender Location Purchase history Emails opened Website pages visited As a result of sending relevant emails to subscribers, you’ll increase your open and click-through rates. And since you’re directing them to a relevant web page, there’s a higher chance of converting such visitors. Beyond personalization, email marketing automation is another effective strategy. Email marketing automation involves sending a series of messages to your subscribers based on a schedule or when some conditions are met. Some examples of automated email sequences are: Welcome emails Lead nurturing emails Promotional emails Abandoned cart emails Up-sell and cross-sell emails Onboarding emails Re-engagement emails To create these emails, you’ll find the necessary tools in your email marketing software. Better still, some software packages will provide automation templates you can use to create your campaigns. Here’s an example  of a sequence built with While creating your sequences, you can add triggers or conditions to add or remove subscribers from your email automation. For your eCommerce business, email marketing is a must rather than an afterthought. Social Media While social media is a platform to connect with friends, users also follow businesses and check out information and product offers. Here, eCommerce brands can provide value to their audience through content that can solve their problems. Of course, your business needs to focus on social media platforms where you can reach your ideal customers. Some ways eCommerce businesses can use social media include: Posting product tips Displaying product use cases Providing industry information Making product announcements Featuring user-generated content (UGC) Featuring influencer content Selling products Customer care In many industries, you’ll find experts and celebrities who have gained a big following due to years of excellent performance in their industries. As a result, these influencers have audiences who trust their product recommendations. Naturally, eCommerce businesses have taken advantage of this phenomenon to promote their products. However, while launching an influencer marketing campaign, you need to find the right influencers. The right social media management tool can help you find the right influencers. Then, it can help you track the effectiveness of your influencer campaigns. Fortunately, you’ll find many examples of brands using influencer marketing on Instagram. Over the years, social selling has become a popular strategy for eCommerce businesses. For instance, Statista found that about half of American social media users aged 14 to 34 made purchases through this channel in 2021. In fact, some social media platforms now allow you to sell your products on their platforms. For example, Instagram allows you to add shopping tags to products on your Instagram posts. A user can click on this tag to buy this product or shop more products without leaving the Instagram app. This allows you to eliminate the barrier of taking users out of Instagram. Pinterest also allows influencers and brands to create shoppable pins. This will let users shop products on Pinterest or click a link to visit the eCommerce website. On social media, there are many opportunities to promote and sell your products. Affiliate marketing Since you can’t reach all your prospects through your efforts alone, you can partner with publishers who will promote your products on blog posts, emails, social media, and videos. In return, publishers will take a share of the sales they refer. This will help you increase your reach faster. After all, according to Backlinko, “40% of U.S. merchants cited affiliate programs as their top customer acquisition channel”. First, you have to find a suitable affiliate marketing platform. This will help you organize details such as your affiliates, commissions, and other pieces of information. Moreover, your publishers can see the number of clicks, affiliates, paid affiliates, commissions, and more. Some affiliate marketing platforms such as PartnerStack, Everflow, and provide tools to run your affiliate marketing campaigns. On the other hand, you can use affiliate marketplaces such as ShareASale and Commission Junction. Beyond this, you need to create an affiliate marketing page on your website. On this page, you’ll explain your affiliate terms to publishers. Publishers should also have a link to register. After a publisher has registered as an affiliate, you should send emails to them providing tips on how they can promote your products more effectively. Optimizing Website UI/UX Your website is the first impression a shopper will have about your business. If your website design is poor, shoppers will see your business as sloppy. And sloppy businesses don’t make great products, right? So, a shopper can leave before they get to see your wonderful products if your website UI/UX is poor. However, there are a few steps to ensure this never happens. First, you need a simple site structure. This means shoppers should be able to get to any page in no more than 4 clicks. More so, you can install a search bar to help visitors find products easily. You can also use a chatbot and live chat to answer any vital questions prospects may have during shopping. Another way to optimize your eCommerce website UI/UX is to make your website scannable and use obvious CTAs. Today, a large percentage of your buyers will be on mobile devices. Having a mobile responsive website ensures all the essential elements on your page will be visible to mobile users. Adding the geolocation feature helps provide shipping information and addresses of your nearest physical stores. Implementing these tactics will help provide a seamless experience to shoppers during the buyer’s journey. Conclusion As more people shop online, your eCommerce business should prepare for more challenging competition. Effective marketing is one of the best ways to give your business the right exposure. Even if you have an excellent product, nobody will buy it if they’ve never heard of it. But with the right marketing strategies, you’ll attract more shoppers to your online store and sell more products to them. Employ the strategies explained in this guide to boost your marketing results. Article by Diana Ford, Due About the Author Diana Ford utilizes over seven years of experience in marketing. She covers some industry-specific topics such as money management and business finance. Updated on Jun 29, 2022, 3:40 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJun 29th, 2022

MBA and NFHA Launch Online Toolkit to Help Underserved Communities

The Mortgage Bankers Association (MBA) and National Fair Housing Alliance (NFHA) have announced a new online toolkit for mortgage lenders interested in developing Special Purpose Credit Programs (SPCPs). SPCPs permit lenders to offer mortgage credit to economically and socially disadvantaged borrowers and are an important tool for ensuring financial institutions can meet the needs of… The post MBA and NFHA Launch Online Toolkit to Help Underserved Communities appeared first on RISMedia. The Mortgage Bankers Association (MBA) and National Fair Housing Alliance (NFHA) have announced a new online toolkit for mortgage lenders interested in developing Special Purpose Credit Programs (SPCPs). SPCPs permit lenders to offer mortgage credit to economically and socially disadvantaged borrowers and are an important tool for ensuring financial institutions can meet the needs of their consumers, MBA stated. “MBA is committed to bringing the mortgage industry together to develop effective policy and resources to help to close the racial homeownership gap. We have been at the forefront of encouraging regulators, the GSEs, lenders and other industry stakeholders to enable the creation of SPCPs to increase mortgage credit availability to underserved communities,” said MBA President and CEO, Bob Broeksmit, CMB. “The online toolkit is designed to provide useful guidance and data analysis for mortgage lenders that are interested in using SPCPs to serve economically disadvantaged communities as well as minority borrowers, most of whom lack generational wealth to fund a down payment.” The online toolkit, which was developed with technical assistance from the Homeownership Council of America (HCA) and input from the Urban Institute, provides background information, best practices and guidance, industry examples, data and other useful links to aid mortgage lenders in their work in developing SPCPs, MBA stated. “NFHA has championed Special Purpose Credit Programs as an excellent tool for expanding credit access for underserved markets, including consumers who live in credit deserts and are credit invisible,” said NFHA President and CEO Lisa Rice. “Our collaboration in developing the SPCP toolkit demonstrates that NFHA and the MBA share a commitment to promoting justice, fairness, inclusion and equity. We also share a commitment to strengthening communities, increasing sustainable homeownership and growing our economy. We urge all lenders to use this toolkit to develop impactful programs to better serve borrowers of color, women, people with disabilities and other underserved groups.” SPCPs are critical for strengthening and revitalizing communities and helping lenders support consumers trying to reach important financial goals, they said. While SPCPs have been available under the Equal Credit Opportunity Act (ECOA) since 1974, the toolkit is designed to expand their usage by lenders, helping to improve minority households’ ability to achieve homeownership. “HCA is thrilled to provide our technical expertise in designing products and programs that reach underserved communities for this project, and for our lender partners actively engaged in building SPCPs to bring to market,” said Homeownership Council of America President and CEO Gabe Del Rio. “Working together, we build and enhance credit delivery systems that make homeownership attainable for economically disadvantaged populations.” According to a release issued this week, both NFHA and the MBA have launched efforts to help make the mortgage market more productive, expand the universe of affordable housing units and close the racial homeownership gap—which is larger today than it was when the Fair Housing Act was passed. NFHA’s Keys Unlock Dreams Initiative and the MBA’s CONVERGENCE program are designed to help achieve the goal of reaching the 16-plus million mortgage-ready borrowers of color who are currently underserved by today’s constrained mortgage market. Both groups have elevated SPCPs as an important component to reaching this goal. To learn more about the SPCP toolkit, click here. The post MBA and NFHA Launch Online Toolkit to Help Underserved Communities appeared first on RISMedia......»»

Category: realestateSource: rismediaJun 22nd, 2022

As stocks tank and layoffs take hold, tech titans are in trouble

In Insider Weekly: Why tech titans are in big trouble, inside JPMorgan's employee data-collection apparatus, and diving into Blind network. Hi! Welcome back to Insider Weekly, a roundup of our top stories. I'm Lisa Ryan, editorial head of newsletters at Insider, subbing for Matt Turner as he takes some much-deserved time off. Let's get to it. On the agenda today:The tech titans of Silicon Valley are in serious trouble.Inside JPMorgan's vast employee data-collection apparatus.Diving into an anonymous social network for high-earning techies.A look at an average workday in Sweden for an American expat. But first: We have a new newsletter launching tomorrow — 10 Things on Wall Street, which will cover the latest stories in banking, fintech, hedge funds, and private equity. Sign up for it here. Aaron Weinman, a correspondent at Insider, will be leading the newsletter each weekday morning, and he's here with a preview.New to the newsletter? Sign up here.  Download our app for news on the go here.Introducing our new finance newsletterJennifer Cruz/InsiderHello! My name's Aaron Weinman, and I'm a correspondent for Insider who's covered dealmaking, people, and culture across Wall Street's investment-banking universe.I'm expanding this coverage with 10 Things on Wall Street, a weekday newsletter on the powerful people and meaningful transactions that move the worlds of big banks, hedge funds, private-equity firms, and fintech upstarts.My goal: Make this newsletter a daily habit for finance professionals both green and experienced, and amplify the excellent reporting my Insider colleagues produce on a daily basis.A bit about me: I grew up in Australia, but I've spent my career reporting on capital markets across North and South America. So whether it's bonds or "bonos," I've got you covered.Got a tip? Just closed a big deal? Or is your firm snapping up new talent? I want to hear from you! Drop me a line or tweet @aaronw11.And while I have your attention: Sign up to get 10 Things on Wall Street in your inbox.'Lots of companies are going to get vaporized'Rebecca ZisserTech empires flying by with get-rich-quick schemes could soon see their demise as the stock market tanks. Bankruptcies, hiring freezes, and stock collapses are looming. Made-up, hoodoo metrics kept by some companies just aren't cutting it anymore.In her latest report, Insider's Linette Lopez chronicles the fall of our tech gods as they tumble from their thrones. But as she writes, we've built a tolerance for their bad behavior. We've thrown our chips in, betting on the forever rise of these supposed geniuses, despite our better judgment. What happens once their tricks and grandstanding are stripped away? What happens when we realize they may not have been that brilliant after all?Why Big Tech is on autopilot to destruction.How JPMorgan Chase gathers data about workersJamie Dimon, the chief executive of JPMorgan.Misha Friedman/Getty ImagesEmployees are watched the second they clock in. Their Excel activities are tracked in real time. Even their Zoom calls are monitored. That's what interviews with employees and ex-staffers, as well as internal documents, reveal about JPMorgan Chase's data-tracking practices. Some staffers see this as straight out of an Orwellian nightmare; others say the data collection could be a harbinger of privacy violations. Many told us they didn't know why they were being tracked in such ways. But what's certain is that this has created a heightened sense of suspicion and fear at the big bank.Read on to find out what staffers are saying.Silicon Valley engineers are really freaking outMalte Mueller/GettyBurnout is a hot topic on Blind, a social platform for tech workers that allows for anonymity (as long as you divulge your salary and employer). There, techies ponder their next career moves, discuss optimization (save time by forgoing sex was one tip), and share advice for achieving the elusive state (especially in Silicon Valley) of work-life balance.Senior tech correspondent Adam Rogers surfed through threads ranging from the existential to the banal. What he learned: It seems like nobody's happy and everybody's burnt.Take a dive into the minds of high-earning tech workers.Swedish workdays are a 'different pace' for this expatMark Bula, chief commercial officer at H2 Green SteelH2 Green SteelHave you ever wondered what it's like to live and work in a Nordic country? An American executive who moved from the US to work at a startup in Stockholm tells us how different his work and social lives are now that he's relocated.There are more moments reserved for socializing, Swedish-language classes, and sipping coffee. Then there are a few surprising customs that took some getting used to.Here, he walks us through a typical day in his workweek. This week's quote:"When I started at Netflix, I was making money and continuously learning new things. Now, I was just making money with no career progression." Former Netflix engineer Michael Lin on why he quit his job making $450,000 a year.More of this week's top reads:Stocks are crashing, tech is imploding — but the economy has never been stronger.The inside story of how Sheryl Sandberg lost her influence and power at Facebook.Wells Fargo to pull back on home mortgages amid criticisms over its lending practices. The 18 key trials that could make or break the psychedelics industry's future.A leaked survey of Nike's tech employees shows widespread dissatisfaction.An executive recruiter shares tips on how to negotiate — including never using the phrase "based on market research."Plus: We're seeking nominations for Insider's list of the 30 leaders under 40 transforming healthcare. Here's how to apply.Curated by Lisa Ryan. Edited by Sarah Belle Lin and Hallam Bullock. Sign up for more Insider newsletters here.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 5th, 2022

Here’s How To Close The Gender Pay Gap At Your Company

Pay equity is the law in the U.S., yet it often falls victim to gendered expectations surrounding having and raising children. For example, one study points out that much of the pay gap between men and women amounts to a penalty for women having kids. In fact, when children become part of the employee’s life, […] Pay equity is the law in the U.S., yet it often falls victim to gendered expectations surrounding having and raising children. For example, one study points out that much of the pay gap between men and women amounts to a penalty for women having kids. In fact, when children become part of the employee’s life, that development may create a pay gap of 20% over the employee’s career. The fair and just policy is to pay people who are doing the same work the same wages, regardless of their parental status. It’s not equitable to assume a female worker will eventually have children and automatically become less committed to her career. That line of thinking helps companies justify pay inequity in the first place. The unavoidable consequence of such policies is the loss of top talent. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more The best strategy to maintain an attractive workplace for top talent and keep employee engagement levels high is to ensure pay and benefit equity and cultivate a workplace culture that supports and helps advance the interests of your workers, regardless of gender. This requires a clear-eyed, unflinching, and objective examination of your company’s current practices and policies. These five tips will help you identify areas where you can help your company’s culture and pay practices become more equitable and worker-friendly. Get a clear picture of how your employees advance in your company. Look carefully at how your employees advance internally, then break down that data by gender. If men are outpacing women in advancing up the ladder in a statistically significant way, then some kind of gender disparity is at work, and it’s essential to find out why. It’s key to examine more than just the result of “promoted” or “not promoted.” Look at how often your female employees put their names in the hat for promotions or project lead roles. If women aren’t seeking more significant roles, it’s a good idea to spend some time examining why. If work culture or specific personalities are sending out the “don’t waste your time” signals to women in your company, you’ll need to address that promptly. Examine pay and benefits policies critically. Companies that rely on salary ranges to establish pay equity may well be kidding themselves. It’s not enough to state salary ranges that you think are fair. Now’s the time to examine actual salaries in your company and evaluate them for both historical and present-day parity. If men are routinely being paid more or offered more attractive benefits, your next step is to find out why and where that pay gap is happening. Then you can address the cause to bring your policies and practices more in alignment with equitable goals. Recognize bias. As human beings, we all have blind spots. Usually the result of societal conditioning that we may not even be aware of, these subconscious biases can make it hard to see inequity. So instead, we must make conscious, affirmative efforts to look for places where we might have fallen prey to them to counter these biases. Start by pinpointing areas where you can promote more women to achieve a more equitable management sector. Then, proactively seek out female candidates to create more women supervisors and managers. It’s not enough to say “they’re not qualified for these roles.” Instead, figure out how to help interested candidates get qualified and actively support them in those efforts. End the male-centered default perspective. A pay gap is probably not the only issue you’re facing. A gap in perspective may be at the root of the problem. For example, are all your team meetings at bars and golf courses? Are all your incentives tickets to sporting events? Many women like those things too, of course, but the point is that this sort of approach sends a message to your female workforce as a whole that the male POV is the default, and it’ll take something unique to force a change. Instead, change it proactively. Find more universally appealing alternatives. Root out every instance of an assumption that the male perspective is more valuable or somehow “sufficient” for all. Then make some changes to those approaches. Consider your employees’ whole lives. Your employees aren’t just workers. They have rich, complex lives outside of zoom calls or the office. Many have families. Others care for elderly parents. Some may be pursuing educational goals. Figure out ways your company can support them in these endeavors. For example, you could look into offering errand-running services, on-site childcare, or laundry service access at the office. There are many things you can do to make life easier for all your team members. This strategy also has the added benefit of showing your workers you actually are paying attention to them and that their needs are essential to you. That alone can help raise your employee engagement level and reduce turnover. Eliminate the pay gap and outdated practices It’s all too easy to fall into the trap of thinking that the lack of lawsuits or complaints means that a company is doing just fine regarding pay and benefits parity. Unfortunately, people decline to pursue legal or formal disciplinary channels of relief all the time for many reasons. Instead, look at the data, which will paint a more accurate picture. Then you can proceed to bring your company’s practices back in alignment with its principles. Article by John Boitnott, Due About the Author John Boitnott graduated from UC Santa Barbara with a Masters Degree in Education. He worked for 14 years as a broadcast news writer for ABC, NBC, and CBS News where he covered finance, business and real estate. He covered financial news for SAP for four years. Boitnott is now working as a columnist for The Motley Fool where he covers personal financial and investing strategies. Updated on May 13, 2022, 12:44 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkMay 13th, 2022

How Your Business Can Use Machine Learning

Simply put, machine learning (ML) puts the “intelligence” in artificial intelligence (AI). And two-thirds of respondents in a Deloitte survey say that AI brings substantial value to companies. Yet many businesses, especially smaller ones, haven’t figured out how to use ML as a competitive advantage. The hesitation to embrace ML most likely comes from a […] Simply put, machine learning (ML) puts the “intelligence” in artificial intelligence (AI). And two-thirds of respondents in a Deloitte survey say that AI brings substantial value to companies. Yet many businesses, especially smaller ones, haven’t figured out how to use ML as a competitive advantage. The hesitation to embrace ML most likely comes from a misunderstanding about it. Like most emerging technologies, ML’s adoption rates began slowly and within just a few industries. Now, though, ML-fueled AI has become an option for organizations of all sizes and within nearly every sector. The beauty of ML is that it is programmed to mimic the human brain’s processing system. The more data ML gets, the easier it is for the program to “learn” from information and experiences. For example, YouTube relies on ML to recommend videos based on those you previously watched or liked. The more videos you click on, the more input the ML system gathers to discover your preferences. Not sure how ML could be useful to you, your team, or your customers? Below are some of the most popular applications of ML in business today. 1. Gaining deeper insights from existing data. If you’re like most companies, your employees have access to mounds of data. In fact, you probably have more data than you could ever sift through. ML can not only help you examine your data but find intriguing, important trends and insights. MarketMuse provides an excellent example of how to get a better handle on the ROI of your content by using ML. By allowing an ML program to perform a content audit, you can analyze more than just a content piece’s rank. You can explore its relationship to internal and external content and understand its importance more holistically. Instead of making rash content decisions, you can make thoughtful ones based on comprehensive ML feedback. 2. Encouraging customers to make more purchases. Does your business have an e-commerce component? You can leverage ML algorithms to introduce prospects and customers to items they might like. The longer they shop with you, the more personalized this type of service can be. Amazon has perfected this type of “ML fetch” experience. It’s by no means the only player in the B2C virtual retailing space using ML, though. Many other e-stores and bidding platforms embrace ML. Etsy wrote about the evolution between 2017 and 2021 of its proprietary ML platform. Its assessment of the many use cases for ML shows how wide-ranging its benefits can be, particularly in nudging people toward higher customer lifetime values. 3. Reducing the likelihood of fraud. ML has an uncanny ability to see patterns in places where humans might not. For this reason, plenty of companies are baking ML into their fraud detection practices. An ML program designed to look for unusual login attempts or transactions can stop cybercriminal behavior in its tracks. Although financial institutions may seem like the most ideal places to appreciate this ML application, they’re not alone. Cybercrime Magazine predicts cyber theft leads to annual collective losses of around $6 trillion globally. Being able to stop one breach would more than pay for itself for any organization. 4. Improving the chatbot experience. Chatbots are created with the help of AI. But the best ones have an ML component, too. The ML aspect of the chatbot enables the chatbot to understand how to interact naturally. In survey after survey, consumers are surprised to learn that they’ve chatted with a robot they thought was a person. With ML behind your chatbot, you can lessen the stress on your support people even more than before. As bots begin to get better at communicating, they can recognize and answer questions faster. They can also automatically populate CRMs and other systems with information culled from chats. This frees up customer service representatives to spend more time with callers who present complex concerns. 5. Spotting corrupted and duplicate data. Nothing’s worse than relying on data that is incorrect. ML can be a boon to you by scrubbing your data so it’s always clean. Remember that the squeakier your data, the better chance you have of making good decisions based on that data. Your ML system also can examine incoming data points for validity in real-time. For instance, ML could catch a problem early like a cell that’s not correctly populated. The ML system could either rectify the mistake or alert a human employee to a potential problem. The earlier you know that a piece of data might not make sense, the sooner you can fix it. 6. Finding new pockets of potential customers. ML looks at everything objectively and with an eye for what’s trending. Consequently, if you’re trying to move into untapped markets, you may want to put ML into service. The right ML program can explore everything about your current customer base from geography to buying cycles. Using all the information, the program can advise you on possible prospects you may not have considered. From that point, your sales and marketing team could experiment with ways to reach those markets. Above all else, your goal is to stay competitive, keep your customers satisfied, and build a solid reputation. ML can help you achieve those objectives. Even if you can’t quite grasp how ML works, you’ll have no trouble seeing how well it works for you after putting ML in place. Updated on Apr 22, 2022, 12:29 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkApr 22nd, 2022

Branding Yourself as a Luxury Professional: 5 Tips for a Great Headshot

The luxury real estate market is highly competitive. To set yourself apart from other real estate professionals, you not only need to be great at your job, but you also need to come off as personable and approachable. Your professional headshot is a big part of your brand, and whether you like it or not,… The post Branding Yourself as a Luxury Professional: 5 Tips for a Great Headshot appeared first on RISMedia. The luxury real estate market is highly competitive. To set yourself apart from other real estate professionals, you not only need to be great at your job, but you also need to come off as personable and approachable. Your professional headshot is a big part of your brand, and whether you like it or not, appearance does play a considerable role in a real estate professional’s successful career. Your professional headshot featured on your website, business cards, and other local media promotions serve as the first impression for potential clients. An excellent real estate headshot will make you look friendly, confident, and approachable—compelling prospective clients to reach out. It might be tempting to cut costs by taking a portrait with your smartphone, but it might cost you a few potential clients in the process! Looking for some guidance as you prepare for your headshots? Here are five great tips to follow for the perfect headshot. 1. Hire a professional First and foremost, do not attempt to DIY your real estate headshot. You wouldn’t try to take your own listing pictures of a luxury home on your cell phone, so why would you sell yourself short by not hiring a professional photographer for your headshot? A professional photographer will have the equipment and experience necessary to deliver an exceptional shot. Take your time researching local photographers to find one who specializes in professional headshots. If you can find one who has worked with real estate professionals before, that’s even better because they know what works. 2. Set expectations If you choose the right photographer, you’ll generally be able to rely on them and their expertise to deliver the best possible shots. However, if you’re looking to achieve a certain “vibe” with your headshots or certain poses that you’d like to capture, be sure to discuss these with your photographer ahead of time. It’s a good idea to schedule a quick consultation with your photographer before your shoot to ask questions and share some of your vision and expectations. Be sure to bring along some samples of their previous work you’d like to try or any special instructions, so when it’s time to take the photos, you’ll receive the best product. 3. Dress confidently Dress to impress! Although it’s a headshot, you still want to show up in your best outfit. Remember that your headshot should capture and reflect your best traits as a luxury real estate professional. With this in mind, there’s nothing wrong with wearing the same type of outfit you would typically wear to a client meeting or a closing appointment. Still, it’s a good idea to keep some standard tips in mind as you choose your outfit and accessories from a photography standpoint, such as solid colors instead of distracting patterns. Don’t hesitate to ask for feedback from your photographer, as they can probably offer some guidance based on your shooting location, lighting, and other factors. 4. Smile This might sound like a no-brainer, but it still bears repeating. You should be smiling in your professional headshots! After all, smiles build trust and confidence, which you want to earn as a luxury real estate professional from your clients. At the same time, your smile must appear genuine; if it looks forced or dishonest, your potential clients will be able to tell. After all, the camera doesn’t lie! Practice your smile in front of a mirror daily. 5. Take multiple headshots More than likely, you’ll be publishing your headshots across a wide range of platforms. Your image will be all over the place, from your website and social media pages to magazines and print advertisements. Therefore, it’s a good idea to give yourself plenty of options. For example, the photo you use for your website may differ from what you use in a print ad. By taking multiple headshots, you’ll be able to get the most out of your session. Talk to your photographer about shooting at a couple of different locations or using different backdrops to create unique sets of photos. Likewise, you might want to consider incorporating an outfit change into your session. The more options you have to choose from, the better! Take your career to the next level Something as seemingly simple as a professional headshot can help set you apart from your competition in the luxury real estate industry. Share your experiences with fellow real estate professionals by becoming a member of The Institute and earning the CLHMS designation. Contact us today to learn more! The post Branding Yourself as a Luxury Professional: 5 Tips for a Great Headshot appeared first on RISMedia......»»

Category: realestateSource: rismediaApr 21st, 2022

National Bank Holdings Corporation Announces First Quarter 2022 Financial Results and Agreement to Acquire Rock Canyon Bank

DENVER, April 18, 2022 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE:NBHC) reported:                         For the quarter     1Q22   4Q21   1Q21 Net income ($000's)   $ 18,352   $ 22,769   $ 26,812 Earnings per share - diluted   $ 0.60   $ 0.74   $ 0.86 Return on average tangible assets(1)     1.07%     1.30%     1.65% Return on average tangible common equity(1)     10.31%     12.37%     15.20%                                                        (1)   Ratios are annualized. See non-GAAP reconciliations below.       Today National Bank Holdings Corporation (the "Company" or "NBHC"), the holding company for NBH Bank, announces the signing of a definitive merger agreement to acquire Community Bancorporation ("CB"), the holding company for Rock Canyon Bank, headquartered in Provo, Utah and operating in the greater Salt Lake City region. Upon completion of the exclusively negotiated transaction, NBHC will have approximately $9.6 billion in pro forma assets, including $6.0 billion in total loans, and $8.4 billion in total deposits when combined with the previously announced acquisition of Bancshares of Jackson Hole Incorporated. NBHC will also become the #1 third-party SBA loan volume originator in the state of Utah. "Our focus on expanding NBHC's presence in high performing U.S. markets is again demonstrated by the announcement of our intent to acquire Rock Canyon Bank," said Tim Laney, Chairman, President and CEO of National Bank Holdings Corporation. "Rock Canyon Bank's highly successful SBA business strategy de-risks the balance sheet, produces strong fee income, and is scalable across our franchise. Equally important, this acquisition strengthens our position as a premier regional bank serving the fast-growing Salt Lake City region. Rock Canyon Bank clients will continue to enjoy the exceptional service and local decision making they have come to expect. They will also benefit from enhanced service offerings including expanded commercial loan and treasury management solutions." "We are pleased to have found a partner in NBH Bank that shares our commitment to serving local businesses by providing highly personalized service that supports our clients' and our communities' success," said Park Roney, President and CEO of Community Bancorporation and Chairman of Rock Canyon Bank. "NBH Bank has earned a reputation as an outstanding bank and is our partner of choice." Tod Monsen, CEO of Rock Canyon Bank went on to say, "NBH Bank brings us best-in-class banking solutions for our clients, and I am looking forward to working alongside their proven and high energy leadership team as we work to take our performance to the next level." Under the terms of the agreement, CB shareholders will receive approximately $16.1 million of cash consideration and approximately 3.1 million shares of NBHC common stock, subject to certain potential adjustments. The transaction has a value of $136.0 million in the aggregate, based on NBHC's closing price of $38.69 on April 14, 2022. In announcing NBHC's first quarter 2022 results, Tim Laney shared, "We're off to a solid start delivering quarterly earnings of $0.60 per diluted share. Our teams delivered record first quarter loan fundings driving strong annualized core loan growth of 15.8%. We continue to deliver on our proven track record of maintaining excellent credit quality with a record low non-performing loans ratio of 0.24%. Our excess liquidity coupled with a fortress balance sheet leaves the bank well positioned to address any implications of an economic downturn, while also providing optionality to be leveraged for future growth." First Quarter 2022 Results(All comparisons refer to the fourth quarter of 2021, except as noted) Net income totaled $18.4 million, or $0.60 per diluted share, during the first quarter of 2022, compared to $22.8 million or $0.74 per diluted share during the fourth quarter of 2021. The return on average tangible assets was 1.07%, compared to 1.30%, and the return on average tangible common equity was 10.31%, compared to 12.37%. Net Interest IncomeFully taxable equivalent net interest income totaled $48.0 million during the first quarter of 2022, a decrease of $2.8 million driven by $1.9 million lower accretion income from acquired loans, $1.4 million lower Paycheck Protection Program ("PPP") loan fee income and a $0.9 million decrease from two fewer calendar days. These decreases were partially offset by higher loan volumes and yields as well as lower cost of funds. The fully taxable equivalent net interest margin narrowed 13 basis points to 2.90% due to lower accretion income from acquired loans and lower PPP loan fees. While the impact of the 25 basis point increase in the federal funds rate on March 16, 2022 had a nominal impact on the Company's first quarter 2022 results, the Company's net interest income in future periods will benefit from this rate increase. The yield on earnings assets decreased 13 basis points, and the cost of deposits improved one basis point to a record low 0.17%. LoansTotal loans ended the quarter at $4.7 billion, an increase of $160.9 million over the prior quarter. Excluding PPP loans of $7.6 million and $21.7 million for the first and fourth quarters respectively, total loans increased $174.9 million or 15.8% annualized, led by commercial loan growth of $152.9 million or 19.7% annualized. We generated record first quarter loan fundings totaling $419.7 million, led by commercial loan fundings of $305.3 million. Asset Quality and Provision for Loan LossesThe Company recorded $0.3 million of provision release during the quarter driven by strong asset quality. Annualized net charge-offs totaled 0.05%, compared to 0.02% in the prior quarter. Non-performing loans (comprised of non-accrual loans and non-accrual TDRs) remained a record low 0.24% of total loans, and non-performing assets decreased four basis points to 0.35% of total loans and OREO. The allowance for credit losses as a percentage of total loans totaled 1.04%, compared to 1.10% at December 31, 2021. DepositsAverage total deposits increased $33.8 million or 2.2% annualized, to $6.2 billion for the first quarter 2022. Average transaction deposits (defined as total deposits less time deposits) increased $63.7 million or 4.9% annualized. The mix of transaction deposits to total deposits improved 78 basis points to 87.4% at March 31, 2022. The loan to deposit ratio increased 97 basis points to 73.4%. Non-Interest IncomeNon-interest income totaled $19.1 million, a decrease of $4.2 million primarily driven by $2.2 million lower unrealized gains from equity method investments included in the prior quarter and $0.7 million lower mortgage banking income. Service charges and bank card fees decreased a combined $0.5 million during the quarter due to seasonality. Non-Interest ExpenseNon-interest expense totaled $44.1 million, a decrease of $0.4 million from the prior quarter. Salaries and benefits decreased $0.7 million largely due to two fewer calendar days. Included in the first quarter 2022 were $0.3 million of gains on sale of OREO, compared to $0.7 million in the prior quarter. The fully taxable equivalent efficiency ratio was 65.3% at March 31, 2022, compared to 59.7% at December 31, 2021. Income tax expense totaled $3.6 million during the first quarter, compared to $5.3 million. The effective tax rate for the first quarter 2022 was 16.4%, compared to 18.6% for the full year 2021. The lower rate compared to the statutory rate reflects the continued success of our tax strategies and tax-exempt income. CapitalCapital ratios continue to be strong and in excess of federal bank regulatory agency "well capitalized" thresholds. The Tier 1 leverage ratios at March 31, 2022 for the consolidated company and NBH Bank were 10.48% and 9.09%, respectively. Shareholders' equity totaled $820.2 million at March 31, 2022, decreasing $19.9 million primarily due to a higher accumulated other comprehensive loss. Common book value per share decreased $0.71 to $27.33 at March 31, 2022. Tangible common book value per share decreased $0.69 to $23.64 at March 31, 2022 as this quarter's earnings, net of dividends paid, were outpaced by the increase in accumulated other comprehensive loss. Excluding accumulated other comprehensive loss, the tangible book value per share increased $0.37 to $24.93 at March 31, 2022. Year-Over-Year Review(All comparisons refer to the first quarter 2021, except as noted) Net income totaled $18.4 million, or $0.60 per diluted share, for the first quarter of 2022, compared to $26.8 million, or $0.86 per diluted share for the first quarter of 2021. The decrease was largely due to $12.7 million lower mortgage banking income, due to lower refinance activity in 2022. The return on average tangible assets was 1.07%, compared to 1.65% in the same period prior year, and the return on average tangible common equity was 10.31%, compared to 15.20%. Fully taxable equivalent net interest income totaled $48.0 million, an increase of $1.5 million or 3.2%. Average earning assets increased $464.6 million, or 7.4%, including originated loan growth of $356.9 million. The fully taxable equivalent net interest margin narrowed 12 basis points to 2.90%, due to lower earning asset yields, which were partially offset by a decrease in the cost of funds. The yield on earning assets decreased 20 basis points driven by lower PPP loan forgiveness activity. The cost of deposits decreased 11 basis points to a record low 0.17%. Loans outstanding totaled $4.7 billion, increasing $371.0 million or 8.6%. Excluding PPP loans of $7.6 million and $217.7 million for the first quarters 2022 and 2021 respectively, total loans increased $581.0 million or 14.2%, led by commercial loan growth of $534.6 million, or 19.4%. New loan fundings over the trailing 12 months totaled a record $1.7 billion, led by commercial loan fundings of $1.2 billion.   The Company recorded $0.3 million of provision release during the first quarter, compared to a provision release of $3.6 million in the same period last year. The provision release was driven by strong asset quality and an improved outlook in the CECL model's underlying economic forecast. Net charge-offs totaled 0.05% of total loans, compared to 0.01% of total loans in the same period last year. Non-performing loans to total loans improved 14 basis points to 0.24% at March 31, 2022. The allowance for credit losses totaled 1.04% of total loans, compared to 1.28% at March 31, 2021. Average total deposits increased $413.4 million or 7.2%, to $6.2 billion. Average non-interest bearing demand deposits increased $268.3 million or 12.4%, and average transaction deposits increased $559.0 million, or 11.6%. The mix of transaction deposits to total deposits increased by 319 basis points to 87.4%, and the mix of non-interest bearing demand deposits to total deposits improved 189 basis points to 40.1% at March 31, 2022. Non-interest income totaled $19.1 million, a decrease of $14.3 million or 42.9%, driven by $12.7 million lower mortgage banking income due to lower refinance activity in 2022, as well as competition driving tighter gain on sale margins. Other non-interest income decreased $1.0 million due to $0.5 million lower unrealized gains on equity method investments. Included in the first quarter of 2022 was $0.7 million of banking center consolidation-related income, compared to $1.5 million in the same period last year. Service charges and bank card fees increased a combined $0.3 million compared to the first quarter 2021. Non-interest expense totaled $44.1 million, a decrease of $5.6 million or 11.2%. Salaries and benefits decreased $4.2 million largely due to lower mortgage banking-related compensation. Occupancy and equipment decreased $0.2 million due to efficiencies gained from banking center consolidations. Problem asset workout expense decreased $0.3 million, and gain on sale of OREO increased $0.2 million. Income tax expense totaled $3.6 million, a decrease of $2.1 million from the first quarter last year, driven by lower pre-tax income. Acquisition of Rock Canyon BankRock Canyon Bank was founded in 1991, and as of December 31, 2021 had $814.3 million in total assets, including $494.2 million in total loans, and $736.6 million in total deposits. Rock Canyon Bank is the leading third-party SBA loan originator in the state of Utah. Upon the close of the transaction, Rock Canyon Bank will operate as Hillcrest Bank. Please refer to the accompanying acquisition disclosure for additional transaction details. BofA Securities, Inc. served as financial advisor and Squire Patton Boggs (US) LLP served as legal counsel to National Bank Holdings Corporation. Kirton McConkie served as legal counsel to Community Bancorporation. Conference CallManagement will host a conference call to review the results at 11:00 a.m. Eastern Time on Tuesday, April 19, 2022. Interested parties may listen to this call by dialing (800) 289-0720/+44 (0)330 165 4012 (United Kingdom) using the confirmation code of 2525902 and asking for the NBHC Q1 2022 Earnings Call. A telephonic replay of the call will be available beginning approximately four hours after the call's completion through April 24, 2022, by dialing (888) 203-1112 using the confirmation code of 2525902. The earnings release and an on-line replay of the call will also be available on the Company's website at by visiting the investor relations area. About National Bank Holdings CorporationNational Bank Holdings Corporation is a bank holding company created to build a leading community bank franchise delivering high quality client service and committed to stakeholder results. Through its bank subsidiary, NBH Bank, National Bank Holdings Corporation operates a network of 81 banking centers, serving individual consumers, small, medium and large businesses, and government and non-profit entities. Its banking centers are located in its core footprint of Colorado, the greater Kansas City region, Texas, Utah and New Mexico. Its comprehensive residential mortgage banking group primarily serves the bank's core footprint. NBH Bank operates under a single state charter through the following brand names as divisions of NBH Bank: in Colorado, Community Banks of Colorado and Community Banks Mortgage; in Kansas and Missouri, Bank Midwest and Bank Midwest Mortgage; and in Texas, Utah and New Mexico, Hillcrest Bank and Hillcrest Bank Mortgage. Additional information about National Bank Holdings Corporation can be found at For more information visit:,, or Or, follow us on any of our social media sites:Community Banks of Colorado:,,; Bank Midwest:,,;Hillcrest Bank:,; NBH Bank:; or connect with any of our brands on LinkedIn. About Non-GAAP Financial MeasuresCertain of the financial measures and ratios we present, including "tangible assets," "return on average tangible assets," "tangible common equity," "return on average tangible common equity," "tangible common book value per share," "tangible common book value, excluding accumulated other comprehensive loss, net of tax," "tangible common book value per share, excluding accumulated other comprehensive loss, net of tax," "tangible common equity to tangible assets," and "fully taxable equivalent" metrics, are supplemental measures that are not required by, or are not presented in accordance with, U.S. generally accepted accounting principles (GAAP). We refer to these financial measures and ratios as "non-GAAP financial measures." We consider the use of select non-GAAP financial measures and ratios to be useful for financial and operational decision making and useful in evaluating period-to-period comparisons. We believe that these non-GAAP financial measures provide meaningful supplemental information regarding our performance by excluding certain expenditures or assets that we believe are not indicative of our primary business operating results or by presenting certain metrics on a fully taxable equivalent basis. We believe that management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting, analyzing and comparing past, present and future periods. These non-GAAP financial measures should not be considered a substitute for financial information presented in accordance with GAAP and you should not rely on non-GAAP financial measures alone as measures of our performance. The non-GAAP financial measures we present may differ from non-GAAP financial measures used by our peers or other companies. We compensate for these limitations by providing the equivalent GAAP measures whenever we present the non-GAAP financial measures and by including a reconciliation of the impact of the components adjusted for in the non-GAAP financial measure so that both measures and the individual components may be considered when analyzing our performance. A reconciliation of non-GAAP financial measures to the comparable GAAP financial measures is included at the end of the financial statement tables. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements contain words such as "anticipate," "believe," "can," "would," "should," "could," "may," "predict," "seek," "potential," "will," "estimate," "target," "plan," "project," "continuing," "ongoing," "expect," "intend" or similar expressions that relate to the Company's strategy, plans or intentions. Forward-looking statements involve certain important risks, uncertainties and other factors, any of which could cause actual results to differ materially from those in such statements. Such factors include, without limitation, the "Risk Factors" referenced in our most recent Form 10-K filed with the Securities and Exchange Commission (SEC), other risks and uncertainties listed from time to time in our reports and documents filed with the SEC, and the following factors: ability to obtain regulatory approvals and meet other closing conditions to the mergers on the expected terms and schedule; delay in closing the mergers; difficulties and delays in integrating the NBHC, Community Bancorporation, and Bancshares of Jackson Hole Incorporated businesses or fully realizing cost savings and other benefits; business disruption following the proposed transactions; ability to execute our business strategy; business and economic conditions; effects of any potential government shutdowns; economic, market, operational, liquidity, credit and interest rate risks associated with the Company's business; effects of any changes in trade, monetary and fiscal policies and laws; changes imposed by regulatory agencies to increase capital standards; effects of inflation, as well as, interest rate, securities market and monetary supply fluctuations; changes in the economy or supply-demand imbalances affecting local real estate values; changes in consumer spending, borrowings and savings habits; with respect to our mortgage business, the inability to negotiate fees with investors for the purchase of our loans or our obligation to indemnify purchasers or repurchase related loans; the Company's ability to identify potential candidates for, consummate, integrate and realize operating efficiencies from, acquisitions, consolidations and other expansion opportunities; the Company's ability to realize anticipated benefits from enhancements or updates to its core operating systems from time to time without significant change in client service or risk to the Company's control environment; the Company's dependence on information technology and telecommunications systems of third-party service providers and the risk of systems failures, interruptions or breaches of security; the Company's ability to achieve organic loan and deposit growth and the composition of such growth; changes in sources and uses of funds; increased competition in the financial services industry; the effect of changes in accounting policies and practices; the share price of the Company's stock; the Company's ability to realize deferred tax assets or the need for a valuation allowance; the effects of tax legislation, including the potential of future increases to prevailing tax rules, or challenges to our position; continued consolidation in the financial services industry; ability to maintain or increase market share and control expenses; costs and effects of changes in laws and regulations and of other legal and regulatory developments; technological changes; the timely development and acceptance of new products and services, including in the digital technology space our digital solution 2UniFi; the Company's continued ability to attract, hire and maintain qualified personnel; ability to implement and/or improve operational management and other internal risk controls and processes and reporting system and procedures; regulatory limitations on dividends from the Company's bank subsidiary; changes in estimates of future credit reserve requirements based upon the periodic review thereof under relevant regulatory and accounting requirements; widespread natural and other disasters, pandemics, dislocations, political instability, acts of war or terrorist activities, cyberattacks or international hostilities; a cybersecurity incident, data breach or a failure of a key information technology system; adverse effects due to the novel Coronavirus Disease 2019 (COVID-19) on the Company and its clients, counterparties, employees, and third-party service providers, and the adverse impacts on our business, financial position, results of operations, and prospects; impact of reputational risk; and success at managing the risks involved in the foregoing items. The Company can give no assurance that any goal or plan or expectation set forth in forward-looking statements can be achieved and readers are cautioned not to place undue reliance on such statements. The forward-looking statements are made as of the date of this press release, and the Company does not intend, and assumes no obligation, to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events or circumstances, except as required by applicable law. Contact:Analysts/Institutional Investors: Aldis Birkans, Chief Financial Officer, (720) 554-6640, Media: Jody Soper, Chief Marketing Officer, (303) 784-5925,    NATIONAL BANK HOLDINGS CORPORATIONFINANCIAL SUMMARYConsolidated Statements of Operations (Unaudited)(Dollars in thousands, except share and per share data)                     For the three months ended   March 31,      December 31,      March 31,   2022   2021   2021 Total interest and dividend income $ 49,525     $ 52,501     $ 49,213   Total interest expense   2,864       3,015       3,992   Net interest income   46,661       49,486       45,221   Taxable equivalent adjustment   1,313       1,299       1,268   Net interest income FTE(1)   47,974       50,785       46,489   Provision (release) expense for loan losses   (322 )     132       (3,575 ) Net interest income after provision for loan losses FTE(1)   48,296       50,653       50,064   Non-interest income:                 Service charges   3,710       3,905       3,474   Bank card fees   4,123       4,476       4,073   Mortgage banking income   9,666       10,387       22,379   Other non-interest income   847       3,388       1,847   OREO-related income   —       —       35   Banking center consolidation-related income   708       1,059       1,553   Total non-interest income   19,054       23,215       33,361   Non-interest expense:                 Salaries and benefits   29,336       29,986       33,523   Occupancy and equipment   6,396       6,133       6,550   Professional fees   814       781       742   Other non-interest expense   7,352       7,764       6,853   Problem asset workout   163       212       438   Gain on sale of OREO, net   (275 )     (667 )     (29 ) Core deposit intangible asset amortization   296       296       296   Banking center consolidation-related expense   —       —       1,295   Total non-interest expense   44,082       44,505       49,668                     Income before income taxes FTE(1)   23,268       29,363       33,757   Taxable equivalent adjustment   1,313       1,299       1,268   Income before income taxes   21,955       28,064       32,489   Income tax expense   3,603       5,295       5,677   Net income $ 18,352     $ 22,769     $ 26,812   Earnings per share - basic $ 0.61     $ 0.75     $ 0.87   Earnings per share - diluted   0.60       0.74       0.86                                                          (1)      Net interest income is presented on a GAAP basis and fully taxable equivalent (FTE) basis, as the Company believes this non-GAAP measure is the preferred industry measurement for this item. The FTE adjustment is for the tax benefit on certain tax exempt loans using the federal tax rate of 21% for each period presented. NATIONAL BANK HOLDINGS CORPORATIONConsolidated Statements of Financial Condition (Unaudited)(Dollars in thousands, except share and per share data)                     March 31, 2022   December 31, 2021   March 31, 2021 ASSETS                 Cash and cash equivalents $ 786,385     $ 845,695     $ 822,518   Investment securities available-for-sale   790,384       691,847       666,915   Investment securities held-to-maturity   567,055       609,012       520,823   Non-marketable securities   54,568       50,740       15,493   Loans   4,674,238       4,513,383       4,303,246   Allowance for credit losses   (48,810 )     (49,694 )     (55,057 ) Loans, net   4,625,428       4,463,689       4,248,189   Loans held for sale   90,152       139,142       228,888   Other real estate owned   5,063       7,005       5,669   Premises and equipment, net   95,133       96,747       101,830   Goodwill   115,027       115,027       115,027   Intangible assets, net   13,505       12,322       20,205   Other assets   198,812       182,785       203,944   Total assets $ 7,341,512     $ 7,214,011     $ 6,949,501   LIABILITIES AND SHAREHOLDERS' EQUITY                 Liabilities:                 Non-interest bearing demand deposits $ 2,554,820     $ 2,506,265     $ 2,295,704   Interest bearing demand deposits   595,137       555,401       557,850   Savings and money market   2,412,081       2,332,591       2,199,420   Total transaction deposits   5,562,038       5,394,257       5,052,974   Time deposits   802,772       833,916       948,676   Total deposits   6,364,810       6,228,173       6,001,650   Securities sold under agreements to repurchase   24,744       22,768       19,405   Long-term debt   39,505       39,478       —   Other liabilities   92,238       83,486       96,456   Total liabilities   6,521,297       6,373,905       6,117,511   Shareholders' equity:                 Common stock   515       515       515   Additional paid in capital   1,014,332       1,014,294       1,010,798   Retained earnings   301,220       289,876       243,446   Treasury stock   (457,219 )     (457,616 )     (423,254 ) Accumulated other comprehensive (loss) income, net of tax  .....»»

Category: earningsSource: benzingaApr 18th, 2022

Top 4 Books Every Luxury Real Estate Professional Should Read

As a luxury real estate professional, you’re always looking for ways to differentiate yourself and stand out to potential clients, which requires you to understand the fundamentals of sales, the needs of your affluent clients, and the ability to motivate yourself towards success. While staying up-to-date with the latest news and guidance is a good […] The post Top 4 Books Every Luxury Real Estate Professional Should Read appeared first on RISMedia. As a luxury real estate professional, you’re always looking for ways to differentiate yourself and stand out to potential clients, which requires you to understand the fundamentals of sales, the needs of your affluent clients, and the ability to motivate yourself towards success. While staying up-to-date with the latest news and guidance is a good starting point, you’ll find these valuable insights from the following authors that we’ve compiled for you. Check out these top four books for luxury real estate professionals, all of which offer practical applications that will come in handy in your everyday work. Ditch the Pitch: The Art of Improvised Persuasion by Steve Yastrow The book Ditch the Pitch: The Art of Improvised Persuasion is a must-read for luxury real estate professionals. As a successful strategy consulting firm founder, Steve Yastrow offers a fresh perspective on the traditional sales and pitching method by suggesting his readers abandon the scripts and improvise the conversation. While that might sound a bit risky in practice, there is a method to his madness. Yastrow organized the book’s guidance into six transparent habits and techniques so that it’s easily digestible for every reader to follow along.  Bonus: It’s completely FREE for Institute Members, so be sure to claim your copy! Rich Buyer Rich Seller: The Real Estate Agent’s Guide to Marketing Luxury Homes by The Institute for Luxury Home Marketing “If your goal is to understand and meet the needs of affluent homebuyers and sellers, this book is for YOU.” According to the National Association of REALTORS® blog, Rich Buyer Rich Seller from The Institute was voted one of the top three real estate guides. Throughout this engaging guide to marketing luxury homes, you’ll find advice on how to better understand the needs of your affluent clients (buyers and sellers alike), as well as more tips on how to market luxury properties successfully. Even if you already own a copy of the old edition of this book, we recommend you pick up the latest, expanded edition with even more insights. Log into your ILHM account today to request your copy. The 12 Week Year: Get More Done in 12 Weeks than Others do in 12 Months by Brian Moran & Michael Lennington Are you looking to boost your productivity and achieve more of your goals as a luxury real estate professional? The 12 Week Year is a must-read. This New York Times bestseller reframes the way you plan your annual goals and plans into a shorter, twelve-month execution cycle. This mindset will push you to accomplish more goals because the strict timeline will diminish complacency and increase urgency. The book layout is a straightforward “how-to” guide, so you’ll be able to easily apply the concepts and tips offered to your work in the luxury real estate market. Written by top experts in organization and execution, this book could help you revolutionize how you do business. Kiss, Bow, or Shake Hands  by Terri Morrison & Wayne Conway Terri Morrison and Wayne Conway’s Kiss, Bow, or Shake Hands: The Guide to Doing Business in More Than 60 Countries is considered the passport to international business etiquette. Working in luxury real estate often requires interacting with affluent people from all walks of life. Understanding and following your clients’ business protocol and etiquette is a must if you want to build relationships, demonstrate respect, and gain trust from your buyers and sellers alike. This book provides an in-depth guide to the international business protocol and valuable information on handling business interactions with grace, respect, and appreciation for different cultures. It’s also an excellent guide to keep in mind when creating your marketing strategy for various clients. Add These Books to Your Library and Share with The Institute Whether you’re looking to deepen your understanding of different cultures, optimize your productivity, or reframe your marketing strategy, there’s sure to be a book on this list that will help you achieve your goals. From there, you’ll gain new insights that can help you set yourself apart in the competitive luxury real estate market. Now, pick your favorite and share your findings with us! As a Member of The Institute, you’ll have access to ready-to-use marketing tools that will strengthen your marketing strategy and gain valuable insights from top luxury real estate industry experts. The Institute also offers a wide range of resources to invest in yourself at any stage in your luxury real estate career, so give yourself the gift of growth today in your career as a luxury real estate professional and contact us today. Diane Hartley is the president of the Institute for Luxury Home Marketing, a premier independent authority in training and designation for real estate agents working in the upper-tier residential market. Hartley brings her passion for luxury marketing and more than 20 years of experience growing and leading businesses to her role as president of the Institute. The post Top 4 Books Every Luxury Real Estate Professional Should Read appeared first on RISMedia......»»

Category: realestateSource: rismediaApr 14th, 2022

The best gaming laptops in 2022 from Asus, Dell, Razer, and more

A gaming laptop is all but required to effectively play PC games with portability. Asus, Dell, and Razer are among the best gaming laptops of 2022. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.Alienware; Asus; Dell; Razor Blade; Rachel Mendelson/InsiderThere's no question that gaming laptops have seen big improvements in recent years. Still, there's a lot to consider when choosing the best gaming laptop for you. Buttery smooth gaming is at the top of the list. But you'll also want something that can stay cool under pressure with reliable connectivity, a tactile keyboard, and a display you'll want to gaze at all day. All this must be distilled into a compact design that can fit into a backpack at a moment's notice.With new releases tricked out with Nvidia's RTX 30-Series graphics processors (GPUs), there are a lot of options out there that stand out for their performance, design, and overall value. Thankfully, those on a budget will be happy to know that cheaper options with slightly older components are still very capable as well.To help you seek out your ideal machine, I have been deep into the best gaming laptops out there for years, having published dozens of tested reviews. These are our top picks based on my experience.Read more about how we test tech and evaluate products, and why you can trust product recommendations from Insider Reviews.Here are the best gaming laptops of 2022:Best gaming laptop overall: Razer Blade 15 Advanced, $2,450 available on AmazonRazer's still-beautiful laptop got even stronger performance and longer battery life in late 2021, making the Blade 15 Advanced the best gaming laptop you can buy right now.Best budget gaming laptop: Dell G15, $980 available on DellThe Dell G15 is proof that PC gaming doesn't have to be a rich kids' club. All you need is a relatively powerful graphics processor pumping visuals into a decent 1080p screen.Best high-end gaming laptop: Alienware m15 R4, $2,100 available on AmazonDell's Alienware m15 R4 is worth the high price, combining strong hardware, a gorgeous display, lots of ports and tons of RGB lighting in a sci-fi-looking frame.Best thin and light gaming laptop: Razer Blade Stealth 13, $1,800 available on MicrosoftWith an attractive and sleek build, the Razer Blade Stealth 13 is as thin and light as gaming laptops get, which of course explains some compromises made under the hood.Best gaming laptop for battery life: Asus ROG Zephyrus G15, $1,850 available on AmazonGaming laptops are notorious for poor battery life, but the Asus ROG Zephyrus G15 can actually last a normal workday with a feathery, compact design.Best gaming laptop overallRazer$2449.98 FROM AMAZONOriginally $2699.99 | Save 9%$3999.99 FROM BEST BUYA simply stunning design backed by top notch performance and strong battery life makes the Razer Blade 15 Advanced the best gaming laptop you can buy right now.Price: Starting at $2,700Display: 15.6 inches, FHD (1,920 x 1,080) up to 4K resolution, 165Hz up to 360Hz refresh rateProcessor: 11th Gen Intel 8-Core i7 CPUGraphics: Nvidia GeForce RTX 3070 up to RTX 3080Storage: 1TB SSDPros: Excellent build quality, very fast performance, 1080p display with 360Hz refresh rate and OLED 4K options, lots of configurations, per-key RGB lightingCons: Expensive, fans can get loud, fingerprint magnet, battery life could be longerSnappy and sturdy, the Razer Blade 15 Advanced is a well-crafted gaming laptop that features class-leading build quality, loads of power, and plenty of gamer-focused extras all wrapped up in a truly portable package.With a slim aluminum chassis finished in matte black, the Razer Blade 15 Advanced could pass for a professional laptop. It's an ideal travel companion on business trips — especially if you plan on squeezing in a bit of gaming during such trips — considering it's a very compact device that weighs just 4.5 pounds.Performance-wise, this laptop can maintain a high frame rate even with very demanding AAA games. That's across the board, no matter the configuration. This isn't surprising, as you're getting Nvidia's top RTX 30-series graphics and Intel's high-end 11th Gen Core processors. For those trying to get into 4K gaming, the Razer Blade 15 Advanced is among the first gaming laptops to roll out an OLED display, though I have yet to test it. While costing an immense $3,400, the OLED 4K configuration is powered by an 11th Gen Core i9 processor and an RTX 3080 graphics chip, making it worth considering if you're into 4K gaming and can afford it.Back down to Earth, this Razer Blade 15 Advanced's 1080p and 1440p display options are brilliant in their own right. They're individually factory calibrated and can support super high refresh rates for smoother, more immersive Doom: Eternal and Resident Evil Village experiences. Trust me: gaming on this laptop makes these games even more terrifying.Its keyboard is decent with per-key RGB lighting that's easy to configure using Razer's Synapse software. It also stands out for its battery life, which gives you a little over five hours of mixed non-gaming use.In all, this is a balanced laptop that does virtually everything and does it all well — assuming you have the money for it. Best budget gaming laptopBest Buy$979.99 FROM DELL$999.99 FROM BEST BUYOriginally $1199.99 | Save 17%The Dell G15 proves that PC gaming doesn't have to be expensive. All you need is a laptop that cuts out all the noise and gets back down to the basics while delivering 1080p gaming goodness.Price: Starting at $860Display: 15.6 inches, FHD (1,920 x 1,080) up to QHD resolution, 120Hz up to 240Hz refresh rateProcessor: 11th Gen Intel 6-Core i5 up to 12th Gen Intel 14-Core i7 CPUGraphics: Nvidia RTX 3050 up to RTX 3070 TiStorage: 256GB up to 1TB SSDPros: Solid 1080p gaming, vibrant screen, stays cool under pressure, affordable configurationsCons: Big, bulky and heavy, battery could be betterIf you're looking for an affordable way to get into the RTX 30-Series, which has built quite a reputation for impressive gaming performance, the Dell G15 stands out among the very few entry-level gaming laptops these days. This "budget" offering from Dell starts at under $900, though it does get pricier if you want a graphics chip more powerful than the Nvidia RTX 3050.An RTX 3050 graphics and 11th- or- 12th-gen Intel Core processor configuration is more than capable of seeing you through the latest games at 1080p gaming. Just bear in mind that the Dell G15 is as basic as it gets in terms of additional features and other specs, and that even upgrading the laptop's memory (RAM) from 8GB to 16GB before checkout costs hundreds extra.Design-wise, don't expect something thin and light. Budget gaming laptops are often big and bulky, and so is this one. However, unless you're very particular about aesthetics and portability, this being heavy and thick shouldn't bother you that much. Especially since you're saving a bit of money.However, considering its size and internals, the G15 does stay cool and relatively quiet under pressure, which means you could game in the office or at the school library during your break. And, while its 1080p screen might not be anything to write home about, it delivers smooth and vibrant picture quality.Best high-end gaming laptopBest Buy$2099.98 FROM BEST BUYIf you can afford it, the Alienware m15 R4 is truly worth the splurge, combining powerful specs, a beautiful display, plenty of ports and an explosion of RGB lighting in a Space Odyssey-looking chassis.Price: Starting at $1,800Display: 15.6 inches, FHD (1,920 x 1,080) resolution, 144Hz refresh rateProcessor: 10th Gen Intel 8-Core i7Graphics: Nvidia RTX 3060 up to RTX 3080Storage: 512GB SSDPros: Powerful performance, several configurations, unique eye-catching design, beautiful displayCons: Battery life is practically non-existent, expensive, heat management could be betterTrue to Alienware form, the Alienware m15 R4 combines power and design in a brilliant, unique way. Comparing this to its rivals with similar specs inside, the Alienware m15 R4 is definitely a premium purchase. However, it justifies its price. There's a lot to love here: its distinct design, RGB lighting, variety of ports, and a bright and vibrant display, to name a few.I especially appreciate the unique aesthetic that makes it look like it just stepped out of a Star Wars movie. It still very much looks like a gaming laptop, to be sure — just one that may have been sent from the future where flying cars and space hotels are commonplace. That's especially true with its Lunar Light white color with black trimmings.Of course, there's also its gaming prowess. Even its mid-range, 10th-gen Intel Core i7, RTX 3070, 16GB RAM configuration hardly breaks a sweat when playing graphics-heavy games, like Cyberpunk 2077, at their highest settings. If you're an AMD fan, you'll be happy to know that AMD configurations of the m15 are also available, though Alienware is making a distinction by calling those the Alienware m15 R5, and they have more modest hardware inside.Back to the Intel-powered R4, it isn't a perfect gaming notebook, unfortunately. Though it is portable enough, it's not what you would call a thin-and-light laptop. That on its own isn't a deal-breaker, but when I'm only getting a little over an hour of battery life when gaming, it starts feeling like a big deal.Best thin and light gaming laptopRazer$1799.99 FROM RAZER$1599.99 FROM MICROSOFTOriginally $1799.99 | Save 11%$1299.99 FROM GAMESTOPWith a stunning and svelte design, the Razer Blade Stealth 13 is as portable as gaming laptops get. But there are some compromises under the hood.Price: Starting at $1,800Display: 13.3 inches, FHD (1,920 x 1,080) resolution, 120Hz refresh rateProcessor: 11th Gen Intel 4-Core i7Graphics: Nvidia GeForce GTX 1650 TiStorage: 512GB SSDPros: Excellent build quality, very compact, excellent battery lifeCons: Performance is limited, expensive, gets hotIf you want a gaming laptop that's thin and portable, then the Razer Blade Stealth 13 is worth considering. Featuring a gorgeous design with a classy black aluminum finish that will fit in comfortably in the office, this ultraportable boasts a stunning display and offers solid performance for work or play.At 11.99 x 8.27 x 0.6 inches and 3.1 pounds, this is the thinnest and lightest gaming laptop in our guide. The Razer logo on the lid and green highlights on the USB ports are the only details that distinguish the Razer Blade Stealth from a regular laptop.The Razer Stealth 13 pairs an Intel Core i7-1165G7 processor with a GeForce GTX 1650 Ti graphics processor, 16GB of RAM, and a 512GB SSD. As for the display, you get a 1080p one with a 120Hz refresh rate.While the specs are decent, the Razer Stealth 13 is not the right gaming laptop if you plan to run AAA games on the highest settings. Most games will be playable, but you'll have to play at less graphically demanding settings to really take advantage of that 120Hz refresh rate. This laptop will serve just fine for multiplayer games, like Overwatch or Fortnite.Unfortunately, the chiclet keyboard doesn't offer much travel in the keys and now only comes with customizable lighting zones, which is a shame. It can also be a fingerprint magnet and get very warm. However, the battery life makes up for those weaknesses, with over 9 hours of power at full charge.Best gaming laptop for battery lifeAsus$1849.99 FROM BEST BUYYou can't usually stray too far from a power outlet with a gaming laptop. But the Asus ROG Zephyrus G15 has enough stamina to last a typical workday in a lightweight, portable design.Price: Starting at $1,850Display: 15.6 inches, QHD (2,560 x 1,440) resolution, 165Hz refresh rateProcessor: AMD 8-core Ryzen 9Graphics: Nvidia RTX 3070Storage: 256GB up to 2TB SSDPros: Long battery life, snappy performance, elegant portable design, comfortable keyboard, 1440p display with 165Hz refresh rateCons: No webcam, loud fans, trackpad could be betterGaming laptops' infamy for short battery life is coming to an end. These days, a lot of premium models are striving for longevity as well.Still, some gaming laptops are better at it than others, and such is the case of the Asus ROG Zephyrus G15. Among the most popular and more affordable options out there that still have plenty of power, it consistently delivered more than 8 hours of battery life during my tests in regular use, which is just about on par with many Ultrabooks out there.Running on an AMD Ryzen 9 chip and an Nvidia RTX 3070 is hardly a walk in the park for any notebook's battery, but this laptop makes it look easy. So, if you're looking for something you can game on while on the go, this one has my vote, though it doesn't last nearly as long on battery while gaming. That's helped at least by the speedy, 200-watt charger.Within its portable, beautifully elegant chassis – which, by the way, is something you'd gladly take with you to business meetings – are a handful of other compelling reasons to click the buy button. Its performance, for one, is snappy and more than capable of running 1440p games on high settings. Its keyboard is comfortable and satisfying to use. And, the 165Hz refresh rate on its display means butter-smooth gaming all around.Best of all, it's among the most affordable options out there if you're looking for something powerful. We've seen our share of laptops touting premium specs and premium prices, and the Asus ROG Zephyrus G15 puts them all to shame by offering the same specs for less.Just remember to buy a webcam (if you need one).What else we consideredWith all the great gaming laptops out there, there were bound to be a few that didn't make the cut. I've done my due diligence, and here are a few that almost made the list:Asus TUF Dash 15: Featuring impressive performance and great value, the Asus TUF Dash F15 is relatively affordable for a gaming laptop. However, its lack of a webcam and gaming-centric design won't suit everyone. The Dell G15 is a better value-focused gaming laptop.Alienware m17 R4: If having a big display is paramount, the Alienware m17 R4 is a smart bet, if you can get it from a trusted refurbisher. Alienware offers many screen choices and powerful hardware inside to get the most from that 17 inches.MSI Stealth 15M: On paper, the Stealth is a serious contender, with the internals to keep up with the competition. And, while it has a fairly slim profile and delivers pretty good overall performance, it falls short with its battery life, thermal efficiency, and ability to run games with ray tracing on. The Razer Blade Stealth 13 does this better.Razer Blade Pro 17: While this laptop has a lot of power and can perform as well as just about any other on the market, its price puts it out of reach for any but the most die-hard gamers out there. Unless you're playing competitively or also do content creation, we would give this one a skip.What we look for in a gaming laptopThere's a lot to consider when hunting for a new gaming laptop. I spoke to veteran game developer, Neil Davidson, who works as a Senior Software Engineer at The Multiplayer Group, to get more tips on what to look for. The information below is the result of that conversation.Processor and graphicsWhile you'll certainly want a powerful processor, the graphics processor (GPU) is generally more important than the central processor (CPU) for gaming. A great GPU is vital to playing the latest high-end games in their full glory. There are just two options out there: Nvidia and AMD. Typically, AMD is more affordable, but Nvidia often has potentially better performance and more features like ray tracing, particularly at the higher end.Think about the games you want to play, what settings you want to play them on, and look at the recommended CPU and GPU combinations needed to achieve that on websites like PC Game Benchmark. ScreenYou will be staring at it for hours on end, so your laptop's display is very important. While 4K resolution is tempting, such screens have a lower refresh rate and work your system much harder, requiring a high-end GPU to keep up. Combine that with the smaller screen size and it makes more sense for most people to go for a 1080p display with a high refresh rate of 144Hz or above.This will give you a picture that's still sharp enough but smoother appearing as well. Just remember that you'll need hardware capable of delivering the higher frame rates to match the screen's refresh rate. If you don't play fast-paced games and frame rate isn't a priority, then you could consider the middle ground and go for a 1440p display with a slightly slower refresh rate.Battery lifeIt's simply a fact that gaming laptops don't tend to have great battery life. You're lucky if you can get just over two hours of demanding gameplay without having to plug in. The high power demands coupled with a portable design result in limited battery life.However, we are seeing some gaming laptops that have decent battery life for mixed use. So, if you're buying a gaming laptop for everyday use as well, you can reasonably expect it to last a full day for work, web browsing, and streaming.Memory and storageRealistically, 16GB of memory (RAM) is plenty for most gamers, and more than that is unnecessary for most. If you're a really heavy multitasker that edits video or streams while you play, then you might want to consider 32GB of RAM. The handy thing about RAM is that it's often easy to upgrade later. Storage is trickier because modern games are often huge. While 1TB may sound like a lot, it can fill up alarmingly fast if you play a lot of games and like to switch back and forth. If you're the kind of person who only keeps a few games installed at a time, then you can get away with less storage. We strongly recommend a solid state drive (SSD) over a mechanical hard drive as they're much faster and less prone to breaking. A sometimes more affordable combination of SSD and hard disk drive (HDD) can also work well. Thankfully, most gaming laptops these days come standard with an SSD. Just like RAM though, you can usually upgrade your gaming laptop storage later if you need to.Keyboard and extrasThe feel of a keyboard is important, so try them out when you get the chance. Gaming laptopstend to have shallower keyboards to save space, but there are still options for fans of mechanical keyboards. If you use macros, look out for dedicated keys and consider looking out for the N-key rollover feature, which ensures all of your keypresses register when pressing multiple keys at once. Backlighting can be handy, with options ranging from basic to customizable per-key RGB lighting — but this is ultimately a nicety.When it comes to connectivity and ports, just make sure the gaming laptop you're considering has every connection you expect to need. Never assume that a specific port type will be included, and always check to avoid disappointment. That extends to other peripherals as well, since some gaming laptops today don't come with an internal webcam.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderApr 8th, 2022

Science says parents of successful kids have these 25 things in common

There isn't a set recipe for raising successful kids, but psychology research points to a handful of factors that could help. Research suggests that parents who manage stress well and maintain a positive mood impact their child's mood in a positive way.MoMo Productions/Getty Images Every parent wants their children to grow up and do amazing things with their lives. While there are several factors that affect a child's development, some of it comes down to parenting.  These factors and techniques are a great starting point for every parent. Parents want their kids to stay out of trouble, do well in school, and go on to do awesome things as adults.And while there isn't a set recipe for raising successful children, psychologists have pointed to several factors that predict success. While it takes a range of practices and techniques to raise a child well-equipped for adulthood, some themes run throughout these tips: spending time with your child, letting your child make decisions, and maintaining a happy family.Here's what parents of successful kids have in common, according to research.They tend to let their children take the lead in easy or moderately difficult tasks Too much parental direction can frustrate a child or lead them to lose focus on a task, according to a 2021 study led by Stanford University professor Jelena Obradović. The research looked at children who were cleaning, playing, or discussing a problem. Children with parents who stepped in to provide instructions frequently displayed more difficulty regulating their emotions later, the researchers wrote. The study suggests parents should take a step back in letting their children figure out how to play, clean, or solve a problem. "Too much direct engagement can come at a cost to kids' abilities to control their own attention, behavior and emotions. When parents let kids take the lead in their interactions, children practice self-regulation skills and build independence," Obradović wrote in the study. They tend to make their kids do chores."If kids aren't doing the dishes, it means someone else is doing that for them," Julie Lythcott-Haims, former dean of freshmen at Stanford University and author of "How to Raise an Adult" said during a TED Talks Live event. "And so they're absolved of not only the work, but of learning that work has to be done and that each one of us must contribute for the betterment of the whole," she said. Lythcott-Haims believes kids raised on chores go on to become employees who collaborate well with their coworkers, are more empathetic because they know firsthand what struggling looks like, and are able to take on tasks independently.  She bases this on the Harvard Grant Study, the longest longitudinal study ever conducted."By making them do chores — taking out the garbage, doing their own laundry — they realize I have to do the work of life in order to be part of life," she told Insider.They tend to teach their kids social skills.Researchers from Pennsylvania State University and Duke University tracked more than 700 children from across the US between kindergarten and age 25 and found a significant correlation between their social skills as kindergartners and their success as adults two decades later.The 20-year study showed that socially competent children who could cooperate with their peers without prompting, be helpful to others, understand their feelings, and resolve problems on their own, were far more likely to earn a college degree and have a full-time job by age 25 than those with limited social skills.Those with limited social skills also had a higher chance of getting arrested, binge drinking, and applying for public housing."This study shows that helping children develop social and emotional skills is one of the most important things we can do to prepare them for a healthy future," said Kristin Schubert, program director at the Robert Wood Johnson Foundation, which funded the research, in a release.They tend to have high expectations.Using data from a national survey of 6,600 children born in 2001, University of California at Los Angeles professor Neal Halfon and his colleagues discovered that the expectations parents hold for their kids have a huge effect on attainment. "Parents who saw college in their child's future seemed to manage their child toward that goal irrespective of their income and other assets," he said in a statement.The finding came out in standardized tests: 57% of the kids who did the worst were expected to attend college by their parents, while 96% of the kids who did the best were expected to go to college.This falls in line with another psych finding: The Pygmalion effect, which states "that what one person expects of another can come to serve as a self-fulfilling prophecy." In the case of kids, they live up to their parents' expectations.They tend to have healthy relationships with each other.Children in high-conflict families, whether intact or divorced, tend to fare worse than children of parents that get along, according to a University of Illinois study review.Robert Hughes Jr., professor and head of the Department of Human and Community Development in the College of ACES at the University of Illinois and study review author, also notes that some studies have found children in nonconflictual single-parent families fare better than children in conflictual two-parent families.The conflict between parents prior to divorce also affects children negatively, while post-divorce conflict has a strong influence on children's adjustment, Hughes says.One study found that, after divorce, when a father without custody has frequent contact with his kids and there is minimal conflict, children fare better. But when there is conflict, frequent visits from the father are related to poorer adjustment of children.Yet another study found that 20-somethings who experienced divorce of their parents as children still report pain and distress over their parent's divorce 10 years later. Young people who reported high conflict between their parents were far more likely to have feelings of loss and regret.They've usually attained higher educational levels.A 2014 study lead by University of Michigan psychologist Sandra Tang found that mothers who finished high school or college were more likely to raise kids that did the same. Pulling from a group of over 14,000 children who entered kindergarten in 1998 to 2007, the study found that children born to teen moms (18 years old or younger) were less likely to finish high school or go to college than their counterparts. Aspiration is at least partially responsible. In a 2009 longitudinal study of 856 people in semirural New York, Bowling Green State University psychologist Eric Dubow found that "parents' educational level when the child was 8 years old significantly predicted educational and occupational success for the child 40 years later."They tend to teach their kids math early on.A 2007 meta-analysis of 35,000 preschoolers across the US, Canada, and England found that developing math skills early can turn into a huge advantage."The paramount importance of early math skills — of beginning school with a knowledge of numbers, number order, and other rudimentary math concepts — is one of the puzzles coming out of the study," coauthor and Northwestern University researcher Greg Duncan said in a press release. "Mastery of early math skills predicts not only future math achievement, it also predicts future reading achievement."They tend to develop a relationship with their kids.A 2014 study of 243 people born into poverty found that children who received "sensitive caregiving" in their first three years not only did better in academic tests in childhood, but had healthier relationships and greater academic attainment in their 30s. As reported on PsyBlog, parents who are sensitive caregivers "respond to their child's signals promptly and appropriately" and "provide a secure base" for children to explore the world."This suggests that investments in early parent-child relationships may result in long-term returns that accumulate across individuals' lives," coauthor and University of Minnesota psychologist Lee Raby said in an interview.They're often less stressed.According to recent research cited by Brigid Schulte at The Washington Post, the number of hours that moms spend with kids between ages three and 11 does little to predict the child's behavior, well-being, or achievement. What's more, the "intensive mothering" or "helicopter parenting" approach can backfire. "Mothers' stress, especially when mothers are stressed because of the juggling with work and trying to find time with kids, that may actually be affecting their kids poorly," study coauthor and Bowling Green State University sociologist Kei Nomaguchi told The Post.Emotional contagion — or the psychological phenomenon where people "catch" feelings from one another like they would a cold — helps explain why. Research shows that if your friend is happy, that brightness will infect you; if she's sad, that gloominess will transfer as well. So if a parent is exhausted or frustrated, that emotional state could transfer to the kids. They tend to value effort over avoiding failure.Where kids think success comes from also predicts their attainment. Over decades, Stanford University psychologist Carol Dweck has discovered that children (and adults) think about success in one of two ways. Over at the always-fantastic Brain Pickings, Maria Popova says they go a little something like this: A "fixed mindset" assumes that our character, intelligence, and creative ability are static givens that we can't change in any meaningful way, and success is the affirmation of that inherent intelligence, an assessment of how those givens measure up against an equally fixed standard; striving for success and avoiding failure at all costs become a way of maintaining the sense of being smart or skilled.A "growth mindset," on the other hand, thrives on challenge and sees failure not as evidence of un-intelligence but as a heartening springboard for growth and for stretching our existing abilities. At the core is a distinction in the way you assume your will affects your ability, and it has a powerful effect on kids. If kids are told that they aced a test because of their innate intelligence, that creates a "fixed" mindset. If they succeeded because of effort, that teaches a "growth" mindset.The moms tend to work.According to research out of Harvard Business School, there are significant benefits for children growing up with mothers who work outside the home.The study found daughters of working mothers went to school longer, were more likely to have a job in a supervisory role, and earned more money — 23% more compared to their peers who were raised by stay-at-home mothers.The sons of working mothers also tended to pitch in more on household chores and childcare, the study found — they spent seven-and-a-half more hours a week on childcare and 25 more minutes on housework."Role modeling is a way of signaling what's appropriate in terms of how you behave, what you do, the activities you engage in, and what you believe," the study's lead author, Harvard Business School professor Kathleen L. McGinn, told Business Insider."There are very few things, that we know of, that have such a clear effect on gender inequality as being raised by a working mother," she told Working Knowledge.They tend to have a higher socioeconomic status.Tragically, one-fifth of American children grow up in poverty, a situation that severely limits their potential.It's getting more extreme. According to Stanford University researcher Sean Reardon, the achievement gap between high- and low-income families "is roughly 30% to 40% larger among children born in 2001 than among those born 25 years earlier." As "Drive" author Dan Pink noted, the higher the income for the parents, the higher the SAT scores for the kids. "Absent comprehensive and expensive interventions, socioeconomic status is what drives much of educational attainment and performance," he wrote.They are more often "authoritative" than "authoritarian" or "permissive."First published in the 1960s, research by University of California at Berkeley developmental psychologist Diana Baumride found there are basically three kinds of parenting styles: Permissive: The parent tries to be nonpunitive and accepting of the child.Authoritarian: The parent tries to shape and control the child based on a set standard of conduct.Authoritative: The parent tries to direct the child rationally.The ideal is the authoritative. The kid grows up with a respect for authority, but doesn't feel strangled by it. They tend to teach "grit."In 2013, University of Pennsylvania psychologist Angela Duckworth won a MacArthur "genius" grant for her uncovering of a powerful, success-driving personality trait called grit. Defined as a "tendency to sustain interest in and effort toward very long-term goals," her research has correlated grit with educational attainment, grade-point average in Ivy League undergrads, retention in West Point cadets, and rank in the US National Spelling Bee. It's about teaching kids to imagine — and commit — to a future they want to create. They tend to apply behavioral control, not psychological control.According to a longitudinal study from University College London, parents' psychological control of their children plays a significant role in their life satisfaction and mental well-being.As Jeff Haden explains for Mic:People who perceived their parents as less psychologically controlling and more caring as they were growing up were likely to be happier and more satisfied as adults.On the flip side, the people whose parents applied greater psychological control as they were growing up exhibited significantly lower mental well-being throughout their adult lives; in fact, the effect was judged to be similar to the recent death of a close friend or relative.Not allowing children to make their own decisions, invading their privacy, fostering dependence, and guilting children into doing what they want are all examples of how a parent might apply psychological control.Whereas psychological control is about trying to control a child's emotional state or beliefs, Haden points out that behavioral control is different in that it's about setting limits on behavior that could be harmful. Examples of behavioral control include setting curfews, assigning chores, and expecting homework to be completed.They tend to understand the importance of good nutrition and eating habits.Successful people recognize that good eating habits can help you focus and be productive throughout the day.As Business Insider previously reported, Dr. Catherine Steiner-Adair, a family and children's clinical psychologist and author of books like "The Big Disconnect: Protecting Childhood and Family Relationships in the Digital Age," told Slate that developing food habits in kids that are both mentally and physically healthy requires involvement from parents.To help their kids develop a sense of body acceptance and a body-positive self-image, she said parents need to role model good attitudes about their own and others' bodies, healthy eating habits of their own, and a positive attitude about food.They tend to give their kids bias-proof names.A host of research shows just how much your name can affect your lifetime success, from your hireability to your spending habits.Career-wise, people with names that are common and easy to pronounce, for example, have been found to have more success.When they do face conflict, they tend to fight fair in front of their kids.When kids witness mild to moderate conflict that involves support, compromise, and positive emotions at home, they learn better social skills, self-esteem, and emotional security, which can help parent-child relations and how well they do in school, E. Mark Cummings, a developmental psychologist at Notre Dame University, told Developmental Science."When kids witness a fight and see the parents resolving it, they're actually happier than they were before they saw it," he said. "It reassures kids that parents can work things through."Cummings said kids pick up on when a parent is giving in to avoid a fight or refusing to communicate, and their own emotional response is not positive."Our studies have shown that the long-term effects of parental withdrawal are actually more disturbing to kids' adjustment than open conflict," he said. He explains the children in this instance can perceive that something is wrong, which leads to stress, but they don't understand what or why, which means it's harder for them to adjust.Chronic stress from repeated exposure to destructive conflict can result in kids that are worried, anxious, hopeless, angry, aggressive, behaviorally-challenged, sickly, tired, and struggling academically.They tend to let their children fail.One of the newest trends in raising children is "snowplow parenting," or micro-managing a child's life so that they never encounter failure. One of the most damaging aspects of snowplow parenting is that it continues well into adulthood. According to a poll by The New York Times and Morning Consult, three-quarters of parents of adults aged 18 to 28 book their children's doctor's appointments and haircuts for them.Julie Lythcott-Haims, author of "How to Raise an Adult: Break Free of the Overparenting Trap and Prepare Your Kid for Success," told the Times that snowplow parenting is the exact opposite of good parenting."The point is to prepare the kid for the road, instead of preparing the road for the kid," she said.They usually don't let their kids watch too much TV.According to a 2011 study from Ohio State University, children who watch television at a young age tend to have suppressed communication skills, and that TV reduces the amount of parent-child communication.The study found that reading was far more conducive to parent-child communication. "TV co‐viewing produces a relatively detrimental communication environment for young children, while shared book reading encourages effective mother–child exchanges," the authors wrote..They tend to let their kids make decisions.According to mental health counselor Laura JJ Dessauer, not letting your child make decisions can turn them into codependent adults.Making every decision for a child, including the clothes they wear, exactly when they do their homework, and who they can play with, can eliminate their desire to make decisions, Dessauer writes in Psychology Today. "As they grow older they are likely to seek out relationships in which someone else has all the power and control," Dessauer said.What should controlling parents do to fix their problem? "If you LISTEN, without offering advice, your child will likely figure out some things they can do differently," Dessauer said.They tend to teach their kids self-control.If your child has a good sense of self-control, they're more likely to be healthy, wealthy, and safe.According to a 32-year study published in the Proceedings of the National Academy of Sciences, parents who made sure their children controlled their impulses were found to raise more stable kids. Those children went on to be healthy, have more money, not engage in criminal behavior, and not have substance abuse problems."In another cohort of 500 sibling-pairs, the sibling with lower self-control had poorer outcomes, despite shared family background," the authors said.They tend to pay attention to their children.According to a 2014 study out of the University of Delaware, people born into poverty were more likely to be successful if their parents gave them "sensitive caregiving" — in other words, if parents paid attention and listened to their children.The children did better on academic tests, had healthier relationships as adults, and were more likely to pursue higher education.The parents tend to take parental leave.The early months of childhood are a crucial time for parents to bond with their children, and that bonding time can have long-term effects.A study of European leave policies by the University of North Carolina found that taking parental leave can substantially reduce infant mortality rates and better a child's overall health.Mothers who take maternity leave are doing their children a huge favor, according to a recent study from The Institute for the Study of Labor (IZA) in Bonn.Those children go on to have higher IQs, be more educated, and make more money than children of moms who didn't take maternity leave. The data showed that this is especially true for children from lower-educated households.They tend to read to their children.Besides making for some nice bonding time, reading to your child has long-term positive effects. Numerous studies show that reading to your child everyday boosts literary and language skills, as well as cognitive development. For example, children who are read to more frequently at age around age four achieve higher scores on reading and writing tests at age eight. This is regardless of socio-economic status, research shows. Paging through books with your kid also likely builds an appetite for reading, which will come in handy down the line in school and beyond. Ivan De Luce contributed to an earlier version of this post. This article was originally published in 2019.Read the original article on Business Insider.....»»

Category: dealsSource: nytFeb 7th, 2022

Cracking the Team Code

Real estate teams are not only changing the face of the real estate landscape, they are defining the future careers of hundreds of thousands of real estate professionals. Findings from a recent National Association of REALTORS® Team Survey noted that 26% of its members belong to a real estate team, and 30% are considering joining […] The post Cracking the Team Code appeared first on RISMedia. Real estate teams are not only changing the face of the real estate landscape, they are defining the future careers of hundreds of thousands of real estate professionals. Findings from a recent National Association of REALTORS® Team Survey noted that 26% of its members belong to a real estate team, and 30% are considering joining one. According to Brian Buffini, founder and chairman of Buffini & Company, the nation’s largest business coaching company, teams are at the heart of an industry transformation that will bring unprecedented revenue opportunities and seismic shifts in marketshare. A generational sea change the industry has not seen since the 1950s is underway. An African proverb sums it up best: If you want to go fast, go alone. If you want to go far, go together. Leading a team can maximize your earnings, increase your work-life balance and help you build a legacy business. When built, organized and operating correctly, a team can be a powerful and liberating business-building move. You’ll enjoy the benefits of developing talented agents with complementary skills, all striving together toward accomplishing goals—goals that would be difficult, if not impossible, to achieve alone. Having a team is not without its challenges, however. Many successful agents go into the endeavor of creating and running a team with more high hopes and unrealistic expectations than solid business plans only to be met with frustration and failure. From struggling with lead generation and sales conversion to implementing critical systems and processes, there’s a lot to consider when leading a team. First and foremost, to build and maintain a world-class team, you need to consistently hone your leadership skills. This expanded role can be challenging as individual mega producers evolve from a “one-man-band” mentality to that of an orchestra leader. Great leadership requires delegation, accountability and establishing a unified culture. It requires a well thought-out strategy of building a cohesive lineup of talented, like-minded professionals from the ground up, which essentially replicates the service and values that made you a highly successful agent. So how do you transition from being a top-producing, solo agent to a respected leader of leaders? How do you build and organize a team? How do you essentially clone yourself to ensure your team is providing the same level of service you consistently provided to build your business? How will you succeed as a leader? Creating, crafting and conducting a team efficiently and effectively in 2022 doesn’t have to be a mystery. With structure, systems and support, you can crack the team code from the get-go to build a team that’s right for your business. At Buffini & Company, our members don’t go on the team journey alone. We have invested over 25 years of gathering, sharing and codifying team best practices, coaching insights and systems. We are able to glean insights from some of the best team leaders in the industry. Build a Winning Team If you can no longer handle the amount of leads coming your way, you should consider building a team. Building a team requires you to transition from being a successful agent to an inspiring leader—to build a talented and motivated group around you to nurture leads, close deals and build the business. The first step in building your dream team is understanding what you actually need—what model would be best for you and your business? Your team size and structure is a personalized, customized decision. Your personality, leadership style and goals should all factor into the model you choose. Don’t make the mistake of reacting to market forces when making this decision. Each model type can work and be profitable—it’s all about choosing the one that’s best for you. A coach can be a great help in determining this. The Five Team Models Referral Agent: Creates low-cost expansion Partnership: Multiplies your efforts Standard Team: Shows your commitment to growth Group: Facilitates significant growth Mega Group: Operates like a profitable brokerage Brian Buffini identified five models that work when building a team. “When it comes to building a team, one size does not fit all. You’ve got to have a personalized, customized approach. All five models can be extremely profitable. It’s all about you and where you want to go,” says Buffini. Before you start recruiting agents, you need to hire an excellent assistant who will be the foundation for the team. A coach can guide you through the process of hiring an assistant. They can help you find someone who will complement your skills to help you accomplish more. Once an assistant is onboard and trained, recruiting and retaining winners is the next critical step. Determine the different roles each individual will play on the team. For example, one agent might handle buyer phone calls on listings, while another agent might be in charge of hosting open houses. Another might write purchase offers, manage the lending process or attend home inspections. Keep in mind, roles will depend on the agent’s expertise and preference, and duties will likely overlap. The goal is to secure talented agents who align with your business values and your approach to business. Understand Your Team As a team leader, it is your job to provide individuals the environment, systems and guidance to thrive both personally and professionally. But if you don’t know what drives them, sets them apart or motivates them, you will have a difficult time getting the most out of your team. Identifying and understanding your team members’ strengths will bring clarity to each member’s role. By discovering each agent’s unique abilities, you can leverage their selling, communication and serving style to better understand your team and to help your team better understand each other. Natalie McArtor of Long & Foster in Gainesville, Virginia, leads a team of five people and subscribes to Buffini & Company’s Team Coaching program after 18 years as a One2One Coaching member. Her team coach has helped not only pinpoint her team members’ strengths in a short amount of time—think one hour versus one year—but has allowed her to easily slate each member of the team in a role that suits their strengths. “Coaching has affected everybody’s productivity. Everybody seems to be a lot more focused. They all know what their job description is now. They are motivated to work cohesively as a team—not one person individually, but as a team,” says McArtor, who closed 63 transactions for $37.4M in sales volume plus $49K in referral fees in 2021. Knowing everyone’s individual strengths will also help you cultivate a productive and positive team culture. It will help you manage your team more efficiently and with less conflict. Whether there are too many different personalities, or everyone is too similar, tapping into your agents’ strengths will help you delegate effectively and take your team’s collaboration and production to the highest level possible. “Having a coach has really impacted our team because it’s brought the best out in everybody,” McArtor shares. Organize Your Team You’ve got your team in place, you have a solid understanding of their strengths—now you need a system to get everyone organized and accountable. Invest in a system that defines and tracks performance metrics, organizes when clients need to be contacted and provides valuable insights about your team’s business performance, leads and pipeline. A reliable customer relationship management system (CRM) designed for teams will allow you to easily organize the management and performance of your team and get instant feedback on how their leads are converting. Dan and Maria O’Dell were introduced to Buffini & Company over 20 years ago. At that time, they were struggling with developing systems and had little structure. By implementing a systematic approach of contact and client support, their business started growing exponentially. They grew from helping turn each other’s transactions to leading a 13-member team turning more than 319 transactions and $123M in volume in 2021. “As a family-run real estate team, Team Coaching with Buffini & Company has allowed us to level-up our communications with the principal partners, and in turn, reinforced our value proposition with team members,” says Maria O’Dell. “The systems we have in place help keep our team accountable and focused,” adds Dan O’Dell.” The team is more focused and engaged than ever before.” Having a reliable, fully developed CRM in place will prevent poor lead handoffs, confusion and decreased productivity. Mishandled leads can result in tens of thousands of dollars a year in missed business, according to Buffini. Don’t leave this potential income on the table. Ensure you have a strong method for lead management and a way to organize your team. Train Your Team A recent survey by the National Association of REALTORS® revealed that the typical REALTOR® has eight years of experience, down from nine years’ experience in years prior. Furthermore, 20% of REALTORS® have had their license for a year or less. With so many inexperienced real estate agents in the market, training your team on the fundamentals and a philosophy that aligns with yours is crucial. Training your team, no matter their years in the business or skill level, will provide them with proven systems that work, but more importantly, shows you are invested in their success. One of the most common challenges in team leadership is having team members who don’t handle clients the way you would. Training is the best way to transfer your values, techniques and expectations to your team. It should give you the confidence to know that your stellar reputation will stay intact, and your clients will continue to be served at the highest levels. Training your team during the onboarding process is critical and will essentially be the best way to provide consistent fundamentals and philosophies of serving clients. But, don’t think training stops after the onboarding stage! Great teams continue to innovate and grow by committing to advanced training and implementing systems that empower team members to take your collective productivity to the next level. Connect With Other Leaders While training and organizing your team to perform at the highest level is important, it is even more crucial to dedicate time and energy to your own personal and professional development. One of the most invaluable practices to incorporate is a commitment to connect and synergize with other like-minded leaders. Whether you join virtual webinars, attend an industry conference or engage in an online community, surround yourself with other team leaders who will help you be more productive and master the market. Amy Somerville is Buffini & Company’s vice president of corporate development and industry engagement and hosts Buffini & Company’s 7-Figure Club—LIVE. The highly interactive monthly broadcast is a virtual “think tank” of the best-of-the-best team leaders in the industry, providing peer-to-peer content to keep members on top of real estate trends and technologies. “7-Figure Club is a driving force for success. It brings like-minded leaders together to share best practices for developing synergistic and highly effective teams as well as creating and delivering dynamic learning strategies that result in high engagement, growth and retention rates,” says Somerville. Stay on Track When you’re the leader, you need a trusted advisor to navigate the ins and outs of leading a team. You need someone who will challenge yet inspire you; someone to help you stay on track while seeing the bigger picture. With a coach by your side, you gain an incredible asset and ally for building a rock-solid, productive team. “As a leader, your team looks to you for the vision and plan. Having a coach who understands you as a leader will guide you in your journey and help you see your blind spots,” says Dermot Buffini, chief executive officer of Buffini & Company. “Knowing you have someone who will keep you on course while helping you achieve your professional and personal goals is invaluable in today’s market.” Jeff Morabito of Keller Williams Realty Buckhead in Atlanta,Georgia, has led a team with and without a coach. “I think sometimes you get lost in the day trying to figure out how to take care of everyone. Team Coaching allows me the opportunity to step back and say, ‘Okay, I’m responsible for these folks,'” Morabito explains. “I’m responsible for the team being successful, but I’m also responsible for each team member’s own success, whether they decide to stay with the team or not, because I want them to feel successful in their business.” A coach will work with you to understand your business and what you are trying to accomplish. They will be someone you can trust to objectively help you choose the team model that’s right for you and show you how to optimize your team’s strengths. A team coach will help you become a world-class team leader by guiding you through the journey of leading a team from start to finish. Teams are transforming this industry and Buffini & Company’s dynamic Team Coaching program is at the forefront of the movement. Engage a coach to maximize and elevate your leadership talents to make your dream team a reality. For more information, please visit The post Cracking the Team Code appeared first on RISMedia......»»

Category: realestateSource: rismediaFeb 7th, 2022

The 16 best marketing courses you can take online, from free university classes to a Facebook certificate program

Platforms like edX, Coursera, and LinkedIn Learning offer free or affordable online marketing courses and certificate programs. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.Platforms like edX, Coursera, and LinkedIn Learning offer free or affordable online marketing courses and certificate programs.Crystal Cox/Insider Understanding marketing, social media, and SEO can help you move up in your career or business. Sites like edX, Coursera, and LinkedIn Learning offer free or affordable online marketing courses. Below, we outlined the best online marketing courses and certificate programs. Online marketing is all around us, from social media ads to our Google search results and even sponsored blog posts. Whether you're a small business owner, contemplating a change of careers, or simply wanting to learn new in-demand skills, understanding the ins and outs of online marketing can be a gamechanger. There are different types of marketing professionals. Some may dedicate their time to creating print or digital advertisements, while others focus on social media channels or work with content writers to find the best keywords to boost their SEO ranking and Google search results. As with many professions, there are a lot of learning opportunities available online, from free introductory courses to in-depth certificate programs from platforms like edX, Coursera, LinkedIn Learning, Udemy, and Skillshare. Whether you want to expand your knowledge (or even just see if a marketing career seems interesting enough to commit yourself to), taking an online marketing course can help take your career or business to new heights. The 16 best online marketing courses and certificate programs:Online marketing coursesOnline marketing certificate programsOnline marketing coursesIntroduction to MarketingCrystal Cox/InsiderAvailable on edXLength: 6 weeks Cost: Free; $150 for a certificate of completionThis University of British Columbia course is designed for beginners and anyone interested in gaining a better understanding of all marketing jargon as well as strategies and techniques. Students learn a range of topics including market research, how to gain customers, and how to use social media.  Digital Marketing FoundationsLinkedIn LearningAvailable on LinkedIn LearningLength: 2 hours and 9 minutesCost: Free with a 1-month free trial; LinkedIn Learning subscription $26.99 or $39.99 per monthWhether you're a novice or have some experience with online marketing, this relatively short class teaches you how to figure out your audience and target customers by using SEO, digital ads, and social media to meet your goals.The Complete Digital Marketing CourseUdemyAvailable on UdemyLength: 20 hoursCost: $29.99 (normally $149.99)Whether you're considering a new career, want to expand your professional skillsets, or want to get your business off the ground, this intensive and immersive course can help. Topics range from market research, Google Adwords, and using WordPress for copywriting.Digital Marketing Analytics: Tools and TechniquesCrystal Cox/InsiderAvailable on edXLength: 4 weeks Cost: Free; $399 for certificateIf you want to learn how to analyze marketing data, consider this self-paced course from the University of Maryland that covers what you need to know and the tools to use for a positive marketing presence that actually gets results. Topics include search engine optimization (SEO), web analytics, Big Data applications, and more.Digital Marketing - The Complete Google Ads MasterclassSkillshareAvailable on SkillshareLength: 13 hours and 11 minutesCost: Free with a 7-day trial; $8 per month or $29.88 per year for a Skillshare subscriptionOne of the many aspects of online marketing is creating advertisements on Google. This class is geared for anyone who wants to grow their business or wants to expand their skills, where you quickly learn how to use ads to increase traffic to your website, convert your target audience into customers, analyze ad campaigns, and more.Digital Marketing Strategy: Profitable Sales Funnel FundamentalsInstructor Maggie Stara provides tips and tricks to commerce on social media in this course.SkillshareAvailable on SkillshareLength: 3 hours and 19 minutesCost: Free with a 7-day trial; $8 per month or $29.88 per year for a Skillshare subscriptionDesigned for marketing novices, this course teaches different strategies on how to turn your target audience into customers and increase your sales by understanding metrics and using different pricing scales. SEO FoundationsLinkedIn LearningAvailable on LinkedIn LearningLength: 2 hours and 38 minutesCost: Free with a 1-month free trial; LinkedIn Learning subscription $26.99 or $39.99 per monthIf you're interested in honing your SEO skills for your job or your own business, this course is designed with that in mind. The class focuses on using the principles of SEO, such as using keyword search, internal and external links, as well as implementing an SEO strategy to achieve notable results.Online Advertising & Social MediaCrystal Cox/InsiderAvailable on edXLength: 4 weeks Cost: Free; $499 for certificateKnowing how to use social media as a marketing tool is a skill in its own right. This University of Maryland course covers everything you need to know, including the importance of SEO, lead generation, video advertisements, and content marketing.Social Media MarketingUdemyAvailable on UdemyLength: 3.5 hoursCost: $29.99This course is specifically designed for business owners who want to finetune their social media marketing skills. It teaches students how to use different types of social media and create a social media strategy, while also covering the risks involved.The Strategy of Content MarketingCrystal Cox/InsiderAvailable on CourseraLength: 19 hoursCost: Free to audit (no certificate) or with a 7-day trial; $49 per month subscription after trial endsThis University of California, Davis course highlights the importance of content writing and how to use it to attract customers, create a strategy that you can measure, and write engaging copy. This course also features assignments for hands-on learning.Google Universal Analytics Essential TrainingCrystal Cox/InsiderAvailable on LinkedIn LearningLength: 2 hours and 39 minutesCost: Free with a 1-month free trial; LinkedIn Learning subscription $26.99 or $39.99 per monthDigital marketing is complex, but if you want to understand all the happenings behind the scenes of how your business comes up in search engines and how people interact with your website, this class is for you.Online marketing certificate programsFacebook Marketing Analytics Professional CertificateFacebook; Alyssa Powell/InsiderAvailable on CourseraLength: 7 monthsCost: Free to audit (no certificate) or with a 7-day trial; $49 per month subscription after trial endsNo prior experience is required to start this certificate program, which teaches you how to collect, organize, and analyze marketing data as well as design experiments to test the effectiveness of different ad strategies.  Students also learn how to use Facebook Ads Manager. You can learn more about the program here.Digital Marketing Fundamentals Professional CertificateCrystal Cox/InsiderAvailable on edXLength: 4 monthsCost: $313.20 for the program; individual courses can be audited for free (no certificate)Curious about all the marketing jargon and different strategies that are used to target customers? This fundamentals certificate program from the University of Edinburgh explains everything you need to know to conduct a competitor audit as well as create your own marketing strategy.Digital Marketing Strategy and Planning SpecializationCrystal Cox/InsiderAvailable on CourseraLength: 3 monthsCost: Free to audit (no certificate) or with a 7-day trial; $49 per month subscription after trial endsA series of three courses, this Specialization from the Digital Marketing Institute is designed for beginners who want to learn about various aspects of marketing, including social media and content writing, as well as how to design and implement a marketing strategy that effectively converts your target audience into customers.Digital Marketing SpecializationCrystal Cox/InsiderAvailable on CourseraLength: 8 monthsCost: Free with a 7-day Coursera trial; $79 per month after the trial endsPart of the University of Illinois's online MBA degree, this Coursera Specialization covers the data analysis and web tools needed to identify a core audience before diving into the principles of digital marketing.Search Engine Optimization (SEO) SpecializationCrystal Cox/InsiderAvailable on CourseraLength: 5 monthsCost: Free to audit (no certificate) or with a 7-day trial; $49 per month subscription after trial endsUnderstanding how SEO works is crucial for any business or organization. This four-course Specialization from the University of California, Davis teaches you the basics of SEO, from conducting a keyword search to optimizing a website and analyzing web reports. Upon completion of the certificate program, you'll be able to identify and recommend SEO best practices to future clients. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJan 21st, 2022

This CEO has a tip for planning your career: make decisions as if you"re on your deathbed

Michael Cockburn, 30, said that approaching a decision from the perspective of his 90-year old future self helped him earlier in his career. Michael Cockburn founded Desana in 2016.Desana A CEO shared his tips for making key career decisions: imagine you're on your deathbed.  Michael Cockburn, CEO of Desana, told the BBC that doing so helped him make good choices.  He told Insider the strategy helped him learn what was important and what he'd regret not doing.  If you're struggling to make a decision about what you want to do with your career, this CEO recommends approaching it from the perspective of your 90-year-old self. Michael Cockburn, the CEO of Scottish office-space startup Desana, told the BBC's CEO Secrets series that one thing that helped him earlier in his career was thinking about decisions as if he was on his deathbed at the age of 90. Cockburn, 30, started his career as a carpenter, which he enjoyed, but also thought maybe he'd regret doing only that. After he finished his apprenticeship, he started his own business aged 19, which he said opened his mind to the idea that he could pursue his own ideas. "Running that small consultancy business, working from home, and hating that was the thing that started Desana," he said. Cockburn co-founded Desana in Edinburgh in 2016. The app partners with coworking spaces, and enables workers to book a hot desk wherever they need them. In 2021, the company received $4 million in seed funding to grow. Cockburn told Insider that while it's easy to get caught up in the potential consequences of your decisions, considering it from the perspective of his future self helped him think more deeply about what was truly important to him. It also gave him more clarity over what he would regret not doing. H said: "I'd really regret not doing something although it may be hard and scary. I guess this is something we've all experienced thinking about things we didn't do, and risks we didn't take in the past."Careers coaches and consultants often recommend approaching decisions from the perspective of your future self as a technique towards achieving your career or life goals. Just as businesses might conduct a detailed "premortem" to weigh up potential costs and benefits, prospective hindsight — as it's sometimes referred — can help people map out the steps they need to follow to achieve their goals.The author Tim Ferriss practices a technique he refers to as "fear-setting." This is a three-step process in which he maps out goals, potential problems, and solutions in advance.Cockburn shared some more general advice about approaching decisions. Try to figure out what is important to you, he told Insider. "If it's to build something big and interesting, change something you care about, or do something you're passionate about, don't let fear hold you back from doing it," Cockburn added. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJan 6th, 2022

What a Record-Breaking Year For IPOs Tells Us About the Economy

2021 was a crowded year for companies entering public markets with 980 businesses going public—more than double the number that did so in 2020. It was a crowded year for companies entering public markets, with 980 businesses going public in 2021—more than double the number that did so in 2020. The most successful of these debuts shine a light on the strengths of the global economy. Asian businesses remain on the rise, all while combating a rocky regulatory environment. Companies that focus on delivering products to consumers at ever growing speeds continue to attract the dollars of global investors. Businesses that develop technologies to combat the climate crisis—like electric vehicles and renewable energy—and to capture the attention of consumers—like social media—have captivated global markets. [time-brightcove not-tgx=”true”] While the companies that enjoyed successful stock market debuts were characterized by innovation, many lacked diversity in their leaders. Of the top 10 IPOs by size in 2021, all the chief executives were men. Dating app Bumble, which ranked in the top 15, was the most successful IPO by a woman-led company. To better understand the shifting market priorities in 2021, these were the top 10 IPOs of the year—using data provided by financial analysis firm Dealogic—ranked in order of size. Rivian The Wall Street debut of electric car manufacturer Rivian was well timed. While countries raced to sign emission-cutting pledges during the UN climate conference in November, the environmentally-conscious company raised over $13.7 billion, making it one of the biggest U.S. IPOs in history. Rivian, founded in 2009 by RJ Scaringe, began selling vehicles in 2021. The company’s original target was the sports car market, but it pivoted to electric pickup trucks and SUVs when Scaringe realized the widespread appetite for sustainable models. Rivian launched its first product in September, the all-electric R1T pickup truck retailing at $67,500. In an attempt to counter the rise of rival electric vehicle manufacturer, Tesla, Rivian won the backing of car giant Ford, which owns a 12% stake. In 2019, former CEO of Amazon, Jeff Bezos, announced the e-commerce company had ordered 100,000 electric delivery vans from Rivian, to help Amazon achieve its 2040 net-zero carbon pledge. Amazon is Rivian’s largest shareholder with a 20% stake. With a global demand for sustainable transport, Scaringe foresees the company will increase production to 1 million vehicles per year by 2030. Read more: Amid Scaling Challenges, Rivian Announced Plans to Build New $5B Factory in Georgia Kuaishou Technology Kuaishou, the biggest rival to video sharing platform ByteDance, raised $6.23 billion in its Hong Kong debut in February, the largest IPO in the tech industry since Uber raised more than $8 billion in 2019. Cheng Yixiao, the company’s chief of product, founded Kuaishou in 2011 as a tool to create GIFs on smartphones. The company later pivoted toward short videos, with the tagline: “Capture the World, Share Your Story”. In June, then-CEO Su Hua revealed Kuaishou had amassed more than one billion monthly active users per month. Like other content creator sites such as OnlyFans, the video sharing platform lets users leave tips for content creators, of which Kuaishou takes a cut. According to the FT, tips contributed 62% of Kuaishou’s revenue in the first nine months of 2020. The app also doubles as a livestreaming e-commerce platform, where creators market products directly to consumers. After reaching a $160 billion valuation following its IPO, investors were spooked by tightened state regulation aimed at deterring inappropriate explicit content, and shares plummeted in value. In August, Kuaishou announced it was halting planned expansion to the U.S., and in October, Hua stepped back from the day-to-day running of the company. The company’s share prices are currently 26% lower than their IPO valuation. Coupang Inc. Dubbed “the Amazon of South Korea,” e-commerce platform Coupang raised $4.6 billion in its Wall Street IPO in March. The company ended its first trading day with a market value of more than $84 billion, making it the largest U.S. debut for an international company since Alibaba’s listing in 2014. According to the FT, Coupang allocated shares to less than 100 investor accounts—which include SoftBank, BlackRock, and Fidelity—a small number for an IPO of its size. The Seoul-based company was founded in 2010 by Bom Kim, a Harvard Business School dropout. In just ten years Coupang has grown to South Korea’s largest online retailer. SeongJoon Cho—Bloomberg/Getty ImagesEco-bags carrying fresh food move along a conveyor belt at a Coupang Corp. fulfillment center in Bucheon, South Korea, on Feb. 19, 2021. Like Amazon, short shipping times and efficient supply chains have made Coupang synonymous with convenience. According to the company, 70% of Koreans live within 10 minutes of a Coupang logistics center. More than 99% of orders placed on its site are delivered within one day, it claims. Since the blockbuster IPO, it hasn’t all been clear sailing for the company. In June, Coupang faced consumer boycotts following its handling of a fire that killed one person and destroyed its biggest logistics center. The incident, along with other worker deaths earlier in the year, caused concern that fast delivery times were being prioritized over workplace safety and fair labor practices. The company has also faced regulator probes into alleged algorithmic bias favoring its own products. DiDi Global Inc. It’s been a bumpy ride for China’s cab hailing app, DiDi. Just weeks before its Wall Street debut in June, China’s market regulator launched an antitrust probe into the company, as part of a crackdown on large companies, including Alibaba and Tencent, squeezing out smaller rivals. Despite the threat, DiDi went on to raise $4.4 billion on the New York stock exchange, giving it a $73 billion valuation. Read more: DiDi Chuxing Is One of the 2021 TIME100 Most Influential Companies Just days later, however, regulators launched another investigation, this time into DiDi’s use of customers’ personal data. During the probe, the app was banned from registering new users or listing on Chinese app stores. Its stocks plummeted, and the company was forced to tell investors it was unaware of regulators’ plans ahead of its IPO. Then, DiDi was hit by another blow, this time in the U.S. On Dec. 2, the SEC finalized rules making US-listed foreign companies liable to delisting if their auditors do not comply with requests for information from regulators. The law was introduced in 2020 after Chinese regulators repeatedly denied requests from U.S. authorities to inspect the accounts of Chinese firms listed on Wall Street. Just six days later, DiDi announced it will remove shares from the NYSE, and move its listing to Hong Kong. Since its Wall Street debut, the company’s shares have lost more than 40% of their value. InPost S.A. Polish package locker provider was Europe’s biggest IPO since 2018, with the company raising $3.9 billion in January on Amsterdam’s stock exchange. The listing was so popular that InPost was forced to shorten the offer period due to what it called “significant investor demand”. Launched in 2006 and acquired by the private equity firm, Advent, in 2017, InPost offers an alternative to mainstream courier services. Deliveries are sent to one of the company’s vast network of automated lockers—which InPost dubs “automatic parcel machines”—allowing customers to collect at their leisure, 24 hours a day. In Poland, 49% of the population already lives within a 7-minute walk of one of InPost’s lockers and its app has over 7 million users. InPost also operates key markets in the U.K. and Italy. Amid COVID-19 stay at home orders at the start of the year, the market was primed for InPost’s expansion. Since the IPO, the company acquired French counterpart Mondial Relay in efforts to grow in Europe. Krafton Inc. South Korean online game developer, Krafton, made its public debut in July, marking Korea’s highest IPO of 2021. The company, which derives almost all its sales from hit game PlayerUnknown’s Battlegrounds (PUBG), raised $3.8 billion with the offering. Jung Yeon-je—AFP/Getty ImagesSouth Korean e-sports players compete in a ‘PlayerUnknown’s Battlegrounds’ match during the Esports Championships East Asia Seoul 2021 in Seoul on Sept. 10 2021. Entrepreneur Chang Byung-gyu founded Krafton—then Bluehold—in 2007. In 2018, a $500 million investment from Tencent Holdings, owner of Chinese messaging app WeChat, made Krafton a unicorn overnight. Despite its size, Krafton underperformed in its IPO. First, the company was ordered to cut its offering by more than $870 million by the Korean financial watchdog, amid concerns over a potential bubble in the stock market. Then, after its debut, Krafton’s shares dropped. Mostly to blame were concerns about the company’s reliance on PUBG for its revenue, and a proposed crackdown on online gaming in China, one of the company’s biggest markets. Despite setbacks, Krafton has plans to expand its entertainment offerings to include animated movies and interactive content around its PUBG fantasy universe. Earlier this month, the company backed Jordan-based mobile game publisher Tamatem in a $11 million funding round, as part of Krafton’s expansion into the Middle East and North Africa. JD Logistics Inc. The supply chain and delivery spinoff of Chinese e-commerce group,, enjoyed a healthy debut in Hong Kong, raising $3.6 billion. Founded in 2007 as an integrated supply chain provider, JD Logistics helped to solidify its parent company’s leading position in the online retail market. JD Logistics delivers 90% of packages on the same or next day, and now has its sights set on expanding its third-party capacity. While the logistics provider benefitted from the COVID-19 online shopping boom, its stock market debut—which came amid increased scrutiny of the tech sector in China—fell short of expectations. Analysts attributed the shortfall to the company’s increased investment in infrastructure. The company is attempting to slim down its labor costs with the use of AI and robots to automate packing processes. China Three Gorges Renewables Group Amid strong investor appetite for green energy assets, the renewables arm of China’s state-run power company raised $3.5 billion in its Shanghai debut in May. Its parent, China Three Gorges Corp (CTG), is the world’s largest hydropower company, famous for the hydropower dam on the Yangtze river. CTG said proceeds from the offering would be used to help fund offshore wind power projects, as Beijing seeks alternatives to expensive coal power. The renewables unit launched its first floating offshore wind power platform in June, off the coast of Zhejiang province in south-eastern China. CTG Renewables’ plans to grow non-hydro renewables are set to be crucial in the race to reach net zero (China reported record coal production and only committing to “phasing down” coal at the UN climate conference, COP26). GlobalFoundries Inc. Semiconductor manufacturer GlobalFoundries made its Wall Street debut under unusual circumstances: a global shortage of its own product. Just days after the company raised $2.9 billion in its October IPO, chief executive Tom Caulfield told CNBC that GlobalFoundries’ chip capacity was sold out through the end of 2023. Manufacturers of cars, phones, and home appliances have all been hit by the microchip shortage. Apple has had to cut its projected iPhone 13 production targets by as many as 10 million units for 2021. Read more: From Cars to Toasters, America’s Semiconductor Shortage Is Wreaking Havoc on Our Lives. Can We Fix It? GlobalFoundries, which was spun off from Advanced Micro Devices in 2009, reported a 13% increase in revenue in the first half of the year as demand for chips soared. Despite global supply chain issues exacerbated by the pandemic, and what the CEO called an “underinvestment” in semiconductor technology, GlobalFoundries has secured record deals with the likes of BMW. Volvo Chinese-owned, Swedish-headquartered car manufacturer Volvo listed on the Stockholm stock exchange in October after a previous cancelled attempt in 2018. Despite raising $2.7 billion, the IPO was scaled back on initial projections—owner Zhejiang Geely was forced to convert its vote-heavy shares into normal stock after protests from potential Swedish investors. The increased desire among investors for electric vehicles, which only make up 3% of Volvo’s sales, possibly played a role in the modest valuation. Chief executive Hakan Samuelsson told the FT that to boost funding Volvo needed “to be credible in telling investors we’re on our way to being 100% electric”. The company is set to use IPO proceeds to double annual sales to 1.2 million vehicles by 2025. It plans to sell only fully electric vehicles by the end of the decade......»»

Category: topSource: timeDec 23rd, 2021

19 of our favorite Small Business Saturday deals, including Brooklinen, Bombas, and Dagne Dover

We found the best Small Business Saturday deals from top brands, including 20% off sitewide at Bombas, Brooklinen, and more. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.OtherlandWhile Black Friday is a big shopping day for major retailers, Small Business Saturday is your chance to support high-quality brands that might fly under the radar. With the disproportionate effect the pandemic has had on small businesses, it's more important than ever to support your favorite independent sellers. Many of our favorite small businesses are having sales throughout the Black Friday and Cyber Monday weekend, including Brooklinen, Bombas, Coop Home Goods, and more. To help you find the best Small Business Saturday deals, we have rounded up a few of our favorites from brands we've previously tested and featured in our guides and reviews.Here are the best Small Business Saturday deals to shop todayBrooklinenBrooklinenSave 20% off sitewide at BrooklinenSeveral Insider Reviews team members have tested Brooklinen sheets, blankets, and other bedding over the years, and we always get excited when there's a sale. For Small Business Saturday, Brooklinen is offering 20% off sitewide, including its Luxe Hardcore Sheet Bundle and All-Season Down Comforter.PartakePartakeSave 25% off orders of $35 or more at PartakePartake specializes in allergen-free treats, so its cookies are ideal for school snacks and other get-togethers. I have a sensitivity to gluten and was impressed with how good the chocolate chip cookies tasted — I couldn't tell they were gluten-free.BombasBombasSave 20% off sitewide at Bombas with promo code MERRY20Many members of the Insider Reviews team wear Bombas socks. We like that the company donates millions of pairs of socks to homeless shelters; it oesn't hurt that Bombas are incredibly comfortable, too.Callaloo BoxCallaloo BoxSave 15% off sitewide at Callaloo BoxIf you like Caribbean food and don't have anywhere to get it locally, Callaloo Box has you covered. Founded by sisters from Trinidad, Callaloo Box has a wide assortment of hard-to-find Caribbean groceries. I like to snack on the high-protein, high-fiber split peas between meals.Great JonesGreat JonesSave 25% off sitewide at Great JonesWe love Great Jones because it makes luxury cookware more accessible and its beautiful designs are sure to make your Instagram stories pop. Our team finds that the bakeware performs well and is incredibly durable. Today, you can save even more on these already-affordable pieces.SistainSistainSave 20% off sitewide at SistainSistain is about as small as it gets. When I interviewed Jaclyn Tracy, the founder and CEO of Sistain, in August, she told me the independent retailer only had five employees, all women.Tracy aims to make Sistain more than just an online store, too, as she's trying to help consumers make earth-conscious purchasing decisions. In addition to a carefully curated shop of sustainable home and kitchen products, Sistain offers tips and resources for eco-friendly consumerism.Coop Home GoodsCoop Home GoodsSave up to 30% off at Coop Home Goods with promo code FRIYAYOf the dozens of pillows we've tested through the years, the Coop Home Goods' Original Pillow is the best. And, as I test different sheets, mattresses, and head pillows, one product remains consistent in my bed setup: the Coop Home Goods Body Pillow. For the last three years, it's kept my spine aligned while I sleep.StojoStojoSave 20% off at Stojo with promo code "STOJOFRIDAY"Stojo seeks to help the environment by making reusable cups and bowls that are convenient to carry with you. The company's products collapse so you can keep a coffee cup in your pocket or bag, and when you head to the coffee shop, you just pop it out and avoid wasting a paper cup. My son brings the Stojo Jr. bottle to school — he likes that it reminds him of a fidget toy.LeatherologyLeatherologySave up to 20% off sitewide with promo code CELEBRATELeatherology makes stylish leather products accessible to shoppers of all budgets. The company specializes in wallets, handbags, portfolios, and more. For Small Business Saturday, it's offering 10% off sitewide, 15% off purchases of $100+, and 20% off purchases of $250+.NrodaNrodaSave up to 40% off at NrodaNroda is a Black woman-owned business that specializes in stylish eyewear. The brand is best known for its sunglasses but it's also branched out to include earrings, rings, and other jewelry. AurateAurateSave 25% off sitewide at Aurate with code STOCKEDAurate is one of the best places to buy affordable fine jewelry online. Woman-owned Aurate uses customer feedback to help guide its design decisions, which has led to some stunning collections.ThermoworksLauren Savoie/InsiderSave 25% off Thermoworks thermometersIn our guide to the best meat thermometers, Thermoworks thermometers were tops in all five categories we tested for. For Small Business Saturday, many of our favorites are on sale, including 20% off the Thermoworks Thermapen One, the best meat thermometer, according to our testing.SunshinyMoonEtsySave 30% off SunshinyMoon period kits at EtsySunshinyMoon is a Black woman-owned shop on Etsy that specializes in handmade period kits and accessories. The designs on the period wallets and kits range from cute to badass. The shop also has several first-period kits to help teens prepare.Nappy Head ClubNappy Head ClubSave 25% off sitewide at Nappy Head ClubSmall Business Saturday is an excellent opportunity to support Black-owned businesses. Nappy Head Club was started by two sisters who were tired of the lack of authentic representation. The site offers clothing and accessories that celebrate pride of self.Dagne DoverDagne Dover/InstagramSave 20% off sitewide at Dagne Dover with code HOLIDAZEWhile Dagne Dover offers wallets and other accessories, the company is best known for its bags, ranging from fashionable fanny packs to leather totes. Dagne Dover makes one of our favorite work bags, and the Dakota Neoprene Backpack is our pick for the best backpack for women.FirstleafConnie Chen/InsiderGet your first six bottles for $29.95 and free shipping at Firstleaf with code CYBERWINEFirstleaf is our pick for the best value wine club subscription. In addition to the attractive intro offer, which is even more attractive through Cyber Monday, we liked that you can easily swap out the pre-selected bottles in your order to get the varieties that suit your tastes.OtherlandOtherlandUp to 35% off sitewide at OtherlandOtherland believes that candles make everything better. That's why it's set out to produce candles made of clean ingredients. The candles come in reusable glass tumblers that are made in the USA. With its unique scents, we think Otherland is one of the best places to buy candles online.Made InMade In; Alyssa Powell/InsiderSave up to 25% off sitewide at Made InYou'll find Made In cookware in the kitchens of several Insider Reviews team members. We like that you can get the same pots and pans used in Michelin-star restaurants without breaking the bank. We especially like the carbon steel pan and stainless clad saucier.Partners Coffee Co.Partners Coffee Co.Save 20% off sitewide at Partners Coffee Co.Brooklyn-based Partners Coffee Co. partners with farms around the world to build a diverse, seasonal menu of roasts. The company is also committed to green practices, including offering retail coffee bags that are part of a zero-waste manufacturing chain.Small Business Saturday FAQWhat is Small Business Saturday?Started by American Express in 2010, Small Business Saturday was created to encourage consumers to support small shops the day after Black Friday. Many stores have special deals to commemorate the day.When is Small Business Saturday?It falls the day after Black Friday and two days after Thanksgiving in the US (which is on the fourth Thursday of November). This year, Small Business Sunday is November 27.Read the original article on Business Insider.....»»

Category: worldSource: nytNov 27th, 2021

50 unique subscription boxes and services that keep on giving month after month

The best subscription services provide unique discoveries and make life easier. We rounded up 50 subscriptions to gift to friends and family. When you buy through our links, Insider may earn an affiliate commission. Learn more. Earthlove delivers eco-conscious books and sustainably-sourced, ethically-made artisanal products. Earthlove There's a subscription for every interest you can think of, from books to fashion to pets. You don't even need to wrap them yourself, since they're sent directly to your recipient. We discovered 50 of the best subscription boxes, from flavored water to stationary. Although you typically order them for yourself, subscription boxes are also an excellent gift choice because there's one for pretty much every interest and hobby you can think of. It's easy to purchase online and send, too - no pesky gift-wrapping necessary. The best subscription services provide unique discovery opportunities, curate high-quality brands, and automate everyday routines to make life easier. But if you're worried about choosing the right subscription, most sites offer gift cards. Then, they can apply it towards a plan of their choice and personalize the subscription to their own wants and needs. So, even if the actual subscription box doesn't ship in time for the occasion (though no one needs an occasion to celebrate these days), your recipient will still receive notification that it's on its way, so they know you didn't forget about them. Check out 50 great subscription gifts below: Murray's Cheese: an assortment of gourmet cheese to try Murray's cheese Classic Cheese of the Month Club, from $63Whether you're a certified cheese lover or a newcomer, this gourmet collection fits any cheese preference. This cheese subscription gift provides up to four delectable cheese options to snack on each month. Calm: a sleep and meditation app Calm Calm Subscription, from $69.99Help them to unwind by gifting a subscription to Calm, a soothing solution to their stress. Calm is known for helping its app user maintain mindfulness, achieve better sleep, and reduce anxiety. The Criterion Channel: A streaming service for classic and contemporary films the criterion channel The Criterion Channel subscription, $10.99/monthThe Criterion Channel offers a refreshing selection of films to discover, even for the cinephile who believes they've seen everything. The streaming service features a diverse library of hidden gems from classics, independent films, to international discoveries. Scentbird: a monthly perfume and cologne subscription box Scentbird Gift a Scentbird subscription, from $44/3-monthsLet them unwrap the gift they really want – infinite new designer scents and none of the smelly sample strips. They can avoid the commitment to just one bottle and instead find their signature smell. Each month they will get a 30-day supply of the fragrance they want.  Menlo Club: a wardrobe revamp for the person who doesn't have time to shop Menlo Club Give a Menlo Club membership, $153/3-monthsMenlo Club is an affordable men's clothing subscription that will supplement their existing wardrobe with fresh pieces. The membership gives them the opportunity to take a style quiz and receive two to three items from Menlo Club's brands based on their personal style. Senior reporter Amir Ismael tested it out and found it's the easiest way to dress nicely without overspending or going to the store.Read our full Menlo review here. My Garden Box: bonsai and terrariums that satisfy green thumbs My Garden Box My Garden Box, from $35.50/month plus $12.99 shippingTurn their home into their own personal plant nursery with this monthly gardening and crafting package. Each month, they'll get everything from a planter, soil, and living plants, plus gardening tips. Loot Crate: a curated bundle of fan collectibles Loot Crate Loot Crate, from $9.99/monthWhether they are a gamer, anime fan, or pop culture aficionado, there's an exclusive crate for them. Each box is filled with multiple fan collectibles and apparel. Find the box that best aligns with your giftee's interests and get it delivered directly to their door.  Curlbox: products for those with curly hair Curlbox Gift a Curlbox subscription, $25/month Curlbox is the perfect gift for your curly haired family member or friend, with monthly boxes that share four or more hair product samples. It's a first come, first served system, but they could receive products from notable brands like Flawless by Gabrielle Union or Carol's Daughter. Rowan: hypoallergenic earrings for tweens Rowan Gift a Rowan subscription, $25/monthWhile this subscription box is geared towards tweens, the gold vermeil and sterling silver options can really appeal to just about any earring lover. The great thing about this subscription is that the earrings are all hypoallergenic in case the receiver has sensitive ears. Mindfulness cards, stickers, and sometimes surprise accessories also come in the box. Cloth & Paper: stationary and planners for the organization enthusiast Cloth and Paper Gift a Cloth & Paper subscription, $18-$240/1 month-6 monthsThe one who can't stop planning, jotting down notes, and sending cards will appreciate Cloth & Paper's subscriptions. There's a box filled with writing utensils, a box for planning and stationary, and one that merges the two. From brush pens and fineliners to sticky notes and postcards, they'll be planning nonstop.  Hygge Box: Danish coziness in a box Hygge Box Gift a Hygge Box subscription, $36-$49/monthHygge is the Danish concept of coziness, and this subscription brings just that to the table, featuring items like candles, fairy lights, tea, and snacks. The deluxe box also includes home decor, accessories, wellness products, and other full-size treats. They'll be celebrating the comfort and joy in the ordinary when you give this subscription.  Earthlove: earth-friendly home, kitchen, and beauty products Earthbox Gift an Earthlove subscription, $59.95/monthEarthlove delivers eco-conscious books and sustainably-sourced, ethically-made artisanal products. The company is all about the lifestyle and experience, providing a booklet with self-care tips and mindful stories, as well. By gifting this seasonal subscription box, you'll also be supporting a handpicked organization that nurtures the planet.  Winc: full-sized bottles of wine to enjoy Winc/Instagram Gift a Winc gift card, $60-$150Winc is a California-based company that both creates its own wine and curates bottles from top vineyards. It sends three full bottles of wine based on their "Palate Profile," so they'll get something that suits their particular taste. Its community rating system also points them to new names to try. Read our full review of Winc here.  Goldbelly: their favorite food delivered to their door Goldbelly Gift a Goldbelly Subscription, $45-$749You can choose from subscriptions to their favorite food like pizza and BBQ, their favorite cities like NY and New Orleans, or let the editors at Goldbelly curate the month's best sellers for a surprise box. Read our full review of Goldbelly here. Trunk Club: An at-home take on personal styling Trunk Club Gift a Trunk Club Gift Card, choose your amountTrunk Club is Nordstrom's personal styling service. It helps to simplify the often overwhelming online shopping experiencing by curating subscription boxes full of clothing based on personal styles and budgets. They'll only keep what they want to buy, and they can send the rest back. The gift card can be applied to both Trunk Club and all of Nordstrom's site. Read our full review of Trunk Club's masculine styles here. Nest: Beautiful, fragrant candles Nest Nest Candle Subscription, $40/3 monthsNest is known for its unique and innovative fragrances like Black Tulip and Wisteria Blue. The brand's monthly candle subscription delivers a new, expertly chosen scent to the recipient every month, each of which comes in a sleek glass vessel with up to 60 hours of burn time.  BarkBox: toys and treats for their best animal friend Barkbox Gift a BarkBox subscription, from $35/monthThe best way to please a dog owner is to gift not to them, but to their dog. Bark Box's adorable toys and all-natural treats are the highlight of the month for more than two million dogs nationwide. Read our full review of BarkBox here. Date night in box: a custom-curated date night sent right to their door Date night in a box Gift a Date Night in a Box Subscription, from $41.99/monthIf you're shopping for a couple that you know, this will take the stress out of planning date night. Each box is themed and comes with activities, ambiance for the night, and of course, snacks or recipes to make.  Adult and Craft: all that you need to make your Pinterest project dreams come true Cratejoy Gift an Adult and Craft Subscription from Cratejoy, from $31/monthCrafting lovers, rejoice because this box provides you with all you need to make your Pinterest dream projects come true. The box provides you with enough supplies to create the projects which range anywhere from photo transfer to woodworking. Disney Plus: entertainment options for every mood and interest Disney Plus Gift a Disney+ subscription, $79.99/yearThe popular new streaming subscription features unlimited, ad-free access to thousands of movies and series (including original, exclusive programming), and the ability to stream on up to four devices simultaneously and add up to seven profiles. If you know someone who still hasn't subscribed, you can help them tune into all the Disney, Pixar, Marvel, and Star Wars content they've been craving. Read our full review of Disney+ here. Birchbox: beauty and grooming samples tailored to their style and needs Birchbox Gift a Birchbox subscription, $45/3 monthsThe grooming, skincare, and beauty industries couldn't be more packed with products for all types of needs and concerns. Birchbox digs through the clutter for them and picks out five samples each month that they should use. At $15 a month, the value of the service is unparalleled. Read our full review of Birchbox here. Harry's: razors and accessories needed for a close and comfortable shave Harry's Gift a Harry's custom shave plan here, starting at $5 one time payment with a $15 refill every 5 monthsThe gift of a clean, smooth shave is more cherished than you might think. Harry's full line of shaving products work together seamlessly, and you can customize this combination of blades, creams, foaming gels, and post-shave balms to send to your recipient. Read our full review of Harry's here. HelloFresh: convenient, easy-to-cook, and delicious meal kits HelloFresh Gift a HelloFresh subscription, from $70HelloFresh is one of our top meal kit subscription choices because of its tasty dishes, creative features like "Dinner-to-Lunch" recipes, and accompanying wine club. There are plans and menus to suit all types of cooks and family sizes, from vegetarian couples to omnivore families of four. If HelloFresh doesn't look like it'll suit your recipient, check out the gift options from one of these services. Read our full review of HelloFresh here. Atlas Coffee Club: the ability to travel the world, one cup of coffee at a time Atlas Coffee Club Gift an Atlas Coffee Club subscription, from $50/3 monthsMore than one area of the globe boasts amazing coffee, and around-the-world subscription Atlas Coffee Club is out to prove that by sending coffee from a different region every month. Each order includes tailored brewing recommendations and a postcard with information about the country's coffee-growing methods so they'll fully appreciate the flavor and history of each cup. Read our full review of Atlas Coffee Club here. Book of the Month: the perfect gift for people who appreciate the feel of a physical book Book of the Month/Instagram Gift a Book of the Month subscription, $49.99/3 monthsThis national book club is still going strong after more than 90 years. Every month, the bookworm in your life can choose a hardcover from five new titles and settle into a story that, more often than not, goes on to gain national attention and win major literary awards. Read our full review of Book of the Month here. Cairn: outdoor products to get them prepared and excited to explore Cairn/Instagram Gift a Cairn subscription, from $34.99/monthA group of outdoor enthusiasts came together to start Cairn, a subscription box of up to six products to gear anyone up for hikes, camping, and other outdoor activities. Whether they are just starting a new outdoor hobby or have conquered trails across the country, they'll be inspired by the food, gear, and apparel in the box to stop wasting time and get outside. Read our full review of Cairn here. KitNipBox: toys and treats for their other best animal friend KitNipBox Gift a KitNipBox subscription, from $19.99/monthOf course, cats also deserve to be spoiled. The toys will entertain them for hours and the treats will keep their bellies full through lazy afternoon naps. KitNipBox supports more than 100 animal welfare organizations by donating a portion of proceeds and products every month. Read our full review of KitNipBox here. FabFitFun: the seasonal subscription box filled with the best full-sized products FabFitFun/Instagram Gift a FabFitFun gift card, $25-$300Curating eight to 10 full-sized, premium products across beauty, wellness, and fitness for only $49.99, FabFitFun sounds almost too good to be true. Members can customize their boxes and add on other products, enjoy exclusive offers and discounts from brand partners, and access workouts through FabFitFunTV. Read our full review of Fab Fit Fun here. KiwiCo: activity-filled boxes that make kids forget they're even learning Kiwi Co. Gift a Kiwi Crate subscription, $65/3 monthsThis kids' subscription is divided into eight different types of "crates" based on the age group. The Panda Crate (0-24 years old), for example, helps develop their imagination and fine motor skills; the Kiwi Crate (5-8 years old) blends crafts, science, and engineering into hands-on projects; and the Atlas Crate (6-11 years old) explores nature and art. Read our full review of Kiwi Co Panda Crate here. Stance: socks worn by NBA players, skateboarders, and musicians alike Stance/Instagram Gift a Stance subscription, $57/3 monthsAs a kid, no one was ever excited to receive socks, but it's a different story for adults — especially when the socks are as stylish and comfortable as Stance's. With celebrity investors like Will Smith, Dwayne Wade, Nas, and Jay-Z, Stance definitely has an aura of cool that translates into its socks. Read our full review of Stance here. Hint: delicious, healthy waters that kick their soda habit Hint/Facebook Gift the Hint Flavor of the Month Bundle Subscription, from $16.99/monthFans of this flavored water stock it in their pantries by the caseful. The calorie-, sugar-, and GMO-free water comes in refreshing flavors like watermelon and strawberry-kiwi, which they can rotate through with this drink subscription. Anyone who's bored with regular water but wants to stay hydrated and healthy will look forward to each month's delivery. Read our full review of Hint Water here. Causebox: products for the socially and environmentally conscious Julia Guerra/Insider Gift a Alltrue membership, $199.80/yearCausebox curates ethically made, vegan, and charitable products from the top socially conscious brands in beauty, fashion, wellness, home, and art. Each quarterly box has a retail value of more than $250 but only costs $49.95 and has the added benefit of doing good — for artisans, the environment, and your body. Read our full review of Alltrue here. The Sill: low-maintenance plants for budding green thumbs The Sill Gift The Sill's Plants for Beginners Subscription, $60/monthEven those with terrible histories of tending to plants can build a thriving garden with The Sill. Each month, the houseplant subscription delivers a hand-potted plant in a gorgeous earthenware planter in one of four colors of their choosing. Read our full review of The Sill here. Rent the Runway: designer clothing rentals for less Rent the Runway Gift a Rent the Runway membership, $69/monthRent the Runway's innovative model means they no longer have to waste money on clothes they'll wear once or twice. Another clothing subscription to consider is competing rental service Stitch Fix, which caters to personal styles and budgets. Read our full review of Rent the Runway here. Mouth: gourmet treats from makers you've never heard of Mouth Gift a Mouth subscription, from $47.75/monthGourmet PopTarts, single-origin chocolate, and unusual chips made in small batches by independent American makers fill the boxes from this elevated snack company. There are seven different subscriptions to choose from, including a Best of Mouth tasting sampler and the hyper-specific Pickles assortment. Vinyl Me, Please: exclusive vinyl records to build their collection Vinyl Me, Please/Instagram Gift a Vinyl Me, Please membership, $119/3 monthsAdding to their vinyl collection isn't difficult when they can choose one exclusive LP each month from a collection of Essentials, Classics, and Rap and Hip Hop. The three-month gift membership includes one bonus record, while the six- and 12-month ones include two bonus records.Read our full review of Vinyl Me, Please here. ArtSnacks: supplies for artists of all levels ArtSnacks Gift an ArtSnacks subscription, from $24/monthPart of the fun of being an artist is trying out new products and techniques. ArtSnacks' collection of four to five premium, limited-edition art products (brushes, pens, paint, paper) encourages artists to incorporate supplies and techniques they might not use otherwise. They can join in on the #artsnackschallenge by using only that month's products to create and share a work of art.  Goby: the first electric toothbrush they'll be excited to receive Goby/Instagram Gift a Goby gift card, $50-$100The gift of good oral care is both thoughtful and useful. The Goby electric toothbrush is vigorously thorough, with the ability to be switched between sensitive and standard modes. Choose the eye-catching monochrome or metallic style, and throw in the brush head subscription so they always have an effective brush head. Read our full review of Goby here. Next Big Idea Club: the best nonfiction books, as recommended by bestselling authors Next Big Idea Club/Facebook Gift a Next Big Idea Club Hardcover Book subscription, from $249/yearThe book selections from Next Big Idea Club are curated by some of the biggest names in business and psychology non-fiction. Your recipient will read only the books that really matter, receive course materials that delve deeper into the content, access exclusive interviews, and discuss learnings with fellow members. Read our full review of Next Big Idea here. Frank And Oak: stylish yet composed closet basics Frank & Oak/Instagram Gift a Frank And Oak Style Plan gift card, $25-$500Canadian clothing startup Frank And Oak offers Style Plans for both men and women who are looking to build the foundation of their closet with long-lasting, versatile basics. The box contains items like simple crew necks and button-downs they can't go wrong with, plus they're all ethically sourced and sustainably made. Read our full review of Frank and Oak here. Carnivore Club: cured meats to snack on Carnivore Club/Instagram Gift a Carnivore Club gift card, $25-$100Hopefully they'll invite you to the picnic after they receive a box of delicious, handcrafted cured meats from Carnivore Club. The local salami, prosciutto, pancetta, and other cured meats taste far better than the kind they get from the grocery store. The price ranges from $29.99 per box, and each contains four to six meats.  The Bouqs Co.: flower bouquets every week or every month, just because Bouqs Co. Gift a Bouqs Co. subscription, $40-$65/monthWe would never turn down a regular shipment of beautiful flowers to adorn our desks or tabletops. With a subscription, you can save 30% on bouquets, enjoy free delivery, and set customizable dates for your lucky recipient.  Daily Harvest: the easiest way to eat and drink healthy Daily Harvest Gift a Daily Harvest gift card, $50-$200From breakfast to dinner, Daily Harvest is the purveyor of all things healthy. Its pre-portioned smoothies, harvest bowls, lattes, soups, parfaits, and overnight oats are far from rabbit food and will actually fill them up with the nutrients to attack the day. Read our full review of Daily Harvest here. Bokksu: authentic snacks from Japanese makers Bokksu Gift a Bokksu subscription, from $39.95/monthExperience the creative snack culture of Japan through Bokksu, the subscription where they won't know which one to tear open first. Think: Kit Kat flavors they can't find in the US, shiitake mushroom chips, kabocha bread, and citrus shortbread cookies. The themed boxes contain 20 to 24 snacks and a tea pairing. Read our full review of Bokksu Club here. Universal Yums: snacks from a different country each month Universal Yums Gift a Universal Yums subscription, from $25/monthAnother delicious snack box option from Universal Yums, this one spotlights treats from a different country each month. Each box contains at 10-12 unique snacks, plus a guidebook with trivia and games from the country. Past boxes have featured snacks from Spain, Greece, Indonesia, and Israel. Read our full review of Universal Yums here. Facetory: the best Korean sheet masks Facetory/Facebook Gift a Facetory subscription, from $19.90/monthSoothing sheet masks are essential to an at-home spa day. Facetory sends high-quality Korean sheet masks for half their retail price. Made from unique ingredients like banana milk, yogurt, marine collagen, and 24 karat gold extract, they address a range of skin concerns and simply feel great on their skin. Read our full review of Facetory here. Breo Box: high-end and boutique brand name products Breo Box/Facebook Gift a Breo Box subscription, from $159/seasonPast boxes from Breo Box have included TRX fitness accessories, smart home devices and smartwatches, and Bluetooth headphones. The high-end products aren't geared toward any gender — as long as they appreciate quality everyday essentials, fitness and health gear, and tech, they'll love Breo Box. Read our full review of Breo Box here. Stitch Fix: an inclusive and personalized styling experience Stich Fix Gift a Stitch Fix gift card, $20-$1,000Stitch Fix offers the most styling options for different ages and body types: men, women, kids, plus size, maternity, and petite. The average price for men's and women's items is $55, but they can set their own budget to receive clothes they're comfortable with, and you can give a gift card in amounts up to $1,000. Read our full review of Stitch Fix here. Tippsy: premium Japanese sake from top breweries Tippsy Gift a Tippsy subscription, from $93/boxWhile you have plenty of wine clubs to choose from, other types of alcohol are quietly waiting in the background for their moment to shine. Sake is one example — it's harder and more expensive to find, and it lacks the mainstream education afforded to beer and wine. Tippsy sources its sake directly from the best Japanese breweries for a more affordable price and teaches your recipient everything they need to know to become a sake expert. Read our full review of Tippsy here. Candy Club: curated treats to satisfy a sweet tooth Candy Club Gift a Candy Club subscription, $29.99/monthGiftees with a hankering for something sweet will appreciate receiving a Fun Box with six 6-ounce candy cups. The brand partners with smaller artisans as well as famed candy shops for a curated selection of delicious treats every month based on a personalized flavor profile.  Read the original article on Business Insider.....»»

Category: topSource: businessinsiderNov 10th, 2021

The 5 best cat brushes and combs for short- and long-haired cats

We tested 22 grooming tools with short & longhair cats to find the best cat brushes. Read about our favorite deshedding brush, grooming gloves & comb. Table of Contents: Masthead Sticky Regularly grooming a cat with a brush, comb, or glove can reduce shedding, matted fur, and hairballs. We tested 22 grooming tools to find the best cat brushes and combs for short- and long-haired felines. Find out more about how Insider Reviews tests and evaluates pet products. This article was medically reviewed by Karie Johnson, veterinarian and co-founder of VIP Vet Visit, a mobile vet service in the south suburbs of Chicago. The average cat is excellent at self-grooming, spending anywhere from 15% to 50% of the day cleaning themselves. However, both long- and short-haired cats can benefit from regular brushing or combing to help remove loose hair and distribute natural skin oils throughout the coat, said veterinarian Aimee Simpson, medical director of VCA Cat Hospital of Philadelphia.For this guide to the best cat brushes, I tested 22 different grooming tools over a 10-month period with two cats, one with short hair and one with long hair. I evaluated slicker brushes, dematting combs, deshedding tools, curry brushes, and grooming gloves. I also consulted with veterinarians and professional groomers about the advantages of grooming a cat and how best to get the job done. Read more about how I tested these products at the end of this guide. Here are the best cat brushes in 2021Best cat deshedding brush: Furminator Deshedding ToolBest cat brush for long hair: Safari Self-Cleaning Slicker Brush for CatsBest cat brush for short hair: Furbliss Pet BrushBest dematting comb for cats: Chris Christensen Cat/Carding Buttercomb #013Best cat grooming glove: HandsOn All-In-One Bathing and Grooming Gloves Best cat deshedding brush Shoshi Parks/Insider The tightly packed teeth on the Furminator Deshedding Tool pull loose hair and dirt from a cat's undercoat without irritating the skin.Pros: Tightly packed stainless steel teeth extract hair easily, lightweight, easy to grip, small enough to reach tight spots, self-cleaning fur-ejector button, comes in two sizesCons: Requires frequent cleaning with fur-ejector buttonI did not know how much hair my cats had in their undercoats until I got a hold of a deshedding tool. Out of the five deshedders I tested over the last year, two were extremely effective at removing excess fur from both short- and long-haired cats: the Andis Pet Deshedding Tool and the Furminator Deshedding Tool. The Andis Deshedder did a slightly better job than the Furminator and we previously named it our top pick, but it is rarely in stock. As a result, we recommend the Furminator as the best brush for shedding. It's also a favorite of Keith Harper, veterinarian at VetnCare in Alameda, California.In just a few strokes, the Furminator removes as much, if not more, fur than most of the other deshedders do in an entire brushing session. The power of the tool lies in its tightly packed stainless steel teeth, which reach beneath the topcoat to gently catch hold and remove hair deep in the undercoat without causing discomfort or irritation to a cat's skin. The tool comes in two sizes. The small one has a 1.75-inch wide blade and is meant for cats up to 10 pounds. The blade on the medium-size brush is 2.65-inches wide and is meant for cats over 10 pounds. Both brushes have an ergonomic handle and fur ejector button to release collected hair.Neither of my cats seem to experience discomfort while being brushed with this deshedding tool — one absolutely adores it — and the curved plastic edge prevents the blade from accidentally cutting into their skin. The only thing I dislike about this brush is that it is so effective it fills up with hair after just a few strokes and has to be freque Best cat brush for long hair Shoshi Parks/Insider The Safari Self-Cleaning Slicker Brush helps detangle matted undercoat fur and can be cleaned out with the push of a button.Pros: Self-cleaning button retracts pins for easy hair removal, ergonomically designed handle with rubber grips, stainless steel pins detangle mats and tangles, good for undercoat careCons: Short-haired cats won't get as much out of this brushAll of the slicker brushes I tested worked reasonably well to smooth out matted fur and remove excess hair on long-haired cats. The size of the brush head and retractable pins on Safari Self-Cleaning Slicker Brush, however, make it stand head and shoulders above the rest. When the brush's pins are full of hair, pressing a button on the back pushes the front plate forward and dislodges the hair.Safari's lightweight slicker brush has an ergonomic handle with rubber grips. Its 3-by-2-inch paddle with 288 stainless steel pins (yes, I counted!) is nimble enough to get into hard to reach places. While this brush can be used on both long and short hair, it does its best work with long-haired cats with thick, heavy undercoats. It couldn't remove every mat, but it did a great job helping me combat those on the chest and under the arms of my long-haired cat. If your cat's coat is severely matted, the tangles will likely require a carding comb like our pick from Chris Christensen. In more extreme cases, they may need to be cut out; that job is best left to professionals, according to Simpson. "You should never try to cut mats out of your cat's hair with scissors. This can lead to accidental laceration of the skin," she said.For cats that are prone to the occasional tangle, however, the Safari Self-Cleaning Slicker Brush is an affordable, easy-to-use tool that gets the job done.Read our full review of the Safari Self-Cleaning Slicker Brush for cats. Best cat brush for short hair Shoshi Parks/Business Insider The versatile Furbliss Pet Brush is the only grooming tool most short-haired cats will ever need and it even removes fur from upholstery and clothing.Pros: 100% medical-grade silicone, two-sided design, can be used wet or dry for grooming and massage, back side can be used to remove hair from clothing and upholstery, available in two designs, dishwasher and washing machine safe, 100% satisfaction guaranteeCons: Hair difficult to remove from brush when dryA good curry brush is ideal for grooming a short-haired cat, according to Melissa Tillman, owner of Melissa Michelle Grooming in San Leandro, California. I was impressed by the Furbliss Pet Brush not just because its flexible silicone nubs are gentle and effective at removing loose hair, but because it can also be used to massage a pet, remove hair from clothing and upholstery, and dispense shampoo in the bath.This two-sided brush is made from 100% medical-grade silicone. On the front, there are flexible nodules that smooth out the topcoat and stimulate circulation. At the back, it is crisscrossed with reservoir cells to hold shampoo for deep-cleaning while bathing. When dry, the backside can also be gently rubbed over clothing and upholstery to remove hair and lint.The Furbliss comes in two different designs. The blue brush has dense, cone-shaped teeth for short-haired pets and the green brush has larger, more widely spaced nubs for long-haired pets. I tried both on my long- and short-haired cats and didn't notice a major difference between them. Each one worked well on both types of fur.The lightweight brush was easy to grip and use. Fur sticks to the silicone material, making it a challenge to clean out, but it can be rinsed under warm water or even thrown in the dishwasher or washing machine. While the Furbliss can help to remove loose hair, dirt, and dander from long-haired cats, it really shines on cats with shorter hair. Its durability offers a lifetime of grooming, massaging, and cleaning up after your pet. Best dematting comb for cats Shoshi Parks/Insider The Chris Christensen Cat/Carding Buttercomb #013 has teeth of two different lengths to dig into and untangle mats.Pros: Dual-length stainless steel teeth, solid brass spine, lightweight, comfortable to use at different angles Cons: Pricey, only useful for untangling matted furThis comb is currently out of stock. We recommend the Babyliss Pro Pet Carding Pet Comb in the meantime. Its design is similar, but the larger size makes it harder for the tines to dig into mats. Long-haired cats are prone to developing tangled mats in their undercoat, causing discomfort and, in some cases, leading to illness. "Matting causes the hair to pull at the skin, which is painful," said Simpson. At the hind end, urine and feces may also stick to mats, increasing the risk of skin and urinary tract infections.To smooth out matted fur, the best comb on the market is Chris Christensen's Cat/Carding Buttercomb #013, according to Loel Miller, owner of Mobile Grooming by Loel in Walnut Creek, California. We found she was right and it ultimately beat our old top pick JW Pet Gripsoft Cat Slicker Brush. Chris Christensen's comb excelled at digging into mats and untangling the fur caught within them. The lightweight comb has stainless steel teeth embedded in a solid 6-inch spine. The teeth alternate in a pattern of long and short tines. The comb has no real handle, just an approximately 1/4-wide ridge that runs its length. It turns out that the lack of a handle actually makes this comb more versatile and easier to use — it can be held comfortably at any angle to work out tangles.Chris Christensen's buttercomb was, without question, the best of the combs we tested and its hefty price reflects its quality. But while it's excellent for mats and tangles and costs a fraction of regular visits to a professional groomer, there's not much point in purchasing it for short-haired cats. It doesn't do much to remove fine, untangled hair. Best cat grooming glove Andy Kindon/Insider HandsOn Grooming Gloves are an ideal way to remove hair, dirt, and dander from cats that are sensitive to grooming and handling.Pros: Good for cats who are sensitive to grooming, flexible and comfortable, available in five sizes, can be used wet or dry, good for massage or bathing, durableCons: Remove relatively little hair, dirt, and dander compared to other brushes and combs"Some cats naturally adore being groomed, some tolerate being groomed, and some are irate at the concept," said Miller.Those who refuse to be groomed with a brush or a comb may tolerate grooming gloves, which fit closely to the natural shape of the palm. "Using a grooming glove or a soft rubber grooming brush can acclimate your cat to the feeling of being brushed in a gentle way," said Simpson. I found the well-constructed HandsOn All-in-One Bathing and Grooming Gloves to be the best of the brands that I tested. The rubber palms are covered with rounded nubs, three clumps on each finger and two on the thumb. The other side of the glove is made of strong nylon fabric with a Velcro closure at the wrist that secures it snugly. The gloves come in five sizes, junior to extra large. As an average-size woman, the medium-size pair fit me comfortably. Unlike the other gloves I tested, these didn't feel overly bulky when I made a fist or bent my fingers. HandsOn Gloves can be used dry or wet, and so far they have not cracked, torn, or grown mildew, which the company claims is a feature of their durability.Relative to all of the other brushes and combs I tested, gloves are the worst at removing hair from a cat's coat. However, if your cat is sensitive to brushing, HandsOn Grooming Gloves will help to remove at least some fur along with dirt and dander. Our testing methodology Shoshi Parks/Insider To identify the most effective cat brushes and combs for this guide, I conducted the following tests on 22 different brushes and combs. Most tools were received as editorial review samples from their manufacturers. Insider Reviews purchased the Furminator, Resco Comb, SleekEZ Tool, Chris Christensen Buttercomb #013, Master Grooming Tools Brush, Hertzko Brush, and Epona Glossy Groomer. Hair removal test: To objectively compare the brushes in the deshedding tool and slicker brush categories, I used a different one every three days to give my short-haired cat a complete brushing. The removed hair was placed in labeled plastic baggies that were then laid side by side to reveal which tool removed the most.Ease of use test: While using each grooming tool, I evaluated the following characteristics:How easy the tool was to use overallThe weight of the toolThe size of the tool and how well it fit in my handHow well the tool accessed hard-to-reach placesHow easy the tool was to clean after useDematting test: This test was devised for the products in the dematting comb category. For each comb, I began by rolling, mashing, and entangling a large pile of undercoat fur removed from my long-haired cat using a deshedding tool. I then attempted to restore the fur to its smooth, unmatted state with the comb. The top three tools went on to tackle the small mats that form on my cat's chest and under his forelegs where he has trouble reaching during grooming. The comb that dematted the hair most easily and efficiently was declared the winner. Types of cat grooming tools There are a wide variety of tools available for brushing a cat:Grooming gloves: Grooming gloves are best for cats who are sensitive to brushing or who love a good massage. Like regular gloves, they fit over the hand and secure at the wrist. On the palm, dozens of raised, soft-but-firm rubber or silicone nubs help to remove loose hair, dirt, and debris while stimulating circulation and distributing the natural oils that keep the skin and coat healthy.Curry brushes: Curry brushes are the next step up from a grooming glove. Like gloves they have soft-but-firm rubber or silicone nubs that won't rake the skin and bother sensitive cats. Curry brushes are good for massage, stimulating circulation, and distributing natural oils, as well as for removing dirt, loose hair, and debris.Slicker brushes: Slicker brushes are a type of pin brush with dozens of closely packed metal tines that are thin and flexible enough to move comfortably along the curves of a cat's body. These brushes do a better job removing dead and loose hair in the topcoat and undercoat than grooming or curry gloves and can even undo loose tangles. We especially love those that come with a self-cleaning button.Deshedding tools: Short- and long-haired cats with thick pelts benefit immensely from a deshedding tool that reaches down into the fur to remove the undercoat and loose hair. The best deshedding tools extract so much hair that using them regularly significantly decreases the likelihood of mats and tangles.Dematting combs: Dematting combs are ideal for cats that are prone to developing mats or tangles. These tools reach into knots, gently picking them apart and smoothing them out. Dematting combs are not as useful for cats who do not develop mats because they are not intended to remove loose hair and debris. What else we considered Shoshi Parks/Business Insider Deshedding toolsAndis Pet Deshedding Tool: The hooked teeth on the Andis Deshedding Tool deftly remove hair from a cat's undercoat without irritating the skin. Because it proved slightly more effective than the Furminator in testing, we previously crowned the Andis our top brush for cats that shed. Unfortunately, the Andis Deshedder is frequently out of stock, so we have demoted it to runner-up. Bissell Furget It All-in-One Grooming Brush: I liked this dematting brush and it did a good job at removing excess undercoat. The pile of fur it extracted was comparable to that of the Furminator. The tool is comfortable to hold but slightly larger and less agile than the Andis or Furminator.GoPets Dematting Comb Grooming Rake: Given that it has a curved-tooth design similar to the Andis and Bissell tools, I was surprised to find that this brush removed far less hair than its competitors, even despite having a dual-headed rake.SleekEZ Original Deshedding Tool: This affordable wooden tool with a wavy stainless steel blade has a pleasing look and is easy to hold. Of the three deshedding blades we tested, however, this one did the worst job at actually removing hair from the undercoat.Slicker and pin brushes for cats with long Grooming Brush:'s bamboo grooming brush, which has stainless steel pins on one side and soft boar bristles on the other, doesn't fit into any of our defined testing categories, but I like that it is two brushes in one. It works well for a short-haired cat but is not particularly effective at removing the undercoat from a long-haired cat.JW Pet Gripsoft Cat Slicker Brush: This brush has a soft, ergonomic grip and you can't beat its price, but the big, round head makes it difficult to get to hard-to-reach spots.Hartz Groomer's Best Slicker Brush: Hartz's affordable slicker brush works well. It has tightly spaced metal pins with protective plastic tips arranged in an easy-to-use design. But unlike the Safari, it is a challenge to clean after Slicker Brush: This brush is made of natural bamboo with metal bristles. The teeth remove hair well, but the brush's head is wide and rectangular, making it both difficult to get at hard-to-reach areas and a challenge to clean.Master Grooming Tools Single Flexible Slicker Brush: This two-sided slicker brush worked well and I liked the flexibility of having two brushes of different tooth densities in one tool. Removing hair from the pins after cleaning was a challenge though.Hertzko Self-Cleaning Slicker Brush: Hertzko's slicker brush worked just as well as Safari's to remove hair from a cat and self-clean that hair from its teeth. However, the brush head's larger size is better shaped for a dog than a cat.Curry brushes for cats with short hairKong Cat Zoom Groom Multi-Use Brush: While Kong's curry brush is less expensive than our top pick from Furbliss, the test cats were less comfortable with its long, firm teeth. Compared to the Furbliss brush, this rubber brush was less effective at removing hair and dirt, and it cannot be used to remove hair from clothing or upholstery.Epona Glossy Groomer: This hand-size curry brush is far too large to use on an average-size cat.Cat grooming glovesMr. Peanut's Grooming Hand Gloves: These one-size-fits-all neoprene grooming gloves are covered in almost 180 silicone nubs. But while they have an adjustable Velcro strap to keep them on, I found Mr. Peanut's gloves bulky, imprecise and, like all grooming gloves, a poor substitute for removing hair unless you have a handling-sensitive cat.CombsBabyliss Pro Pet Carding Pet Comb: Of the tools I tested, this comb's design is the most similar to Chris Christensen's version. Like that far pricier brush, it has teeth of two lengths embedded in a thin spine but it is about 30% larger. That larger size made it harder for the tines to dig into mats. For anyone that balks at the price tag on the Chris Christensen, I would recommend this comb as an affordable alternative.JW Pet Gripsoft Cat Comb: This ultra-affordable comb with a comfortable plastic grip was our top pick prior to testing the Chris Christensen and Babyliss combs. In comparison, its uniform teeth are less effective at actually breaking through mats to get them untangled.Resco Pro-Series Rotating Pin Comb: This well-constructed comb has rotating stainless steel teeth and a long, heavy handle. Unlike carding combs with teeth of two lengths, its uniform tines do a poor job at breaking up mats.Safari Pet Products Cat Shedding Comb: With dual-length teeth in an opposite pattern to the Chris Christensen and Babyliss, this comb did a decent but less effective job at working through matted fur. The wooden handle also made it harder to maneuver at awkward angles. FAQs Shoshi Parks/Business Insider What kind of brush is best for cats?The best brush for your cat depends on the type of hair they have. Cats with long hair need a slicker or pin brush and possibly a deshedding tool to remove dead hair and dirt from their topcoat and undercoat. Long-haired cats that are prone to mats may also need a comb that can dig into dreadlocks and slowly untangle them. A slicker or pin brush can also be used on a short-haired cat, but they may prefer the feel of a soft, rubber curry comb, which removes dead hair and gunk as it gently massages the coat. A grooming glove is another good option for short-haired cats, particularly if they are handling sensitive, though it removes less excess hair than a curry brush.Is brushing good for cats?Yes! Brushing a cat removes dead hair and skin cells that would otherwise end up being swallowed in the process of grooming or shedding onto your floor. The less hair a cat consumes, the less likely they are to have regular hairballs. Brushing also distributes the natural oils in the coat that keep it shiny, stimulates blood circulation and, above all, helps a cat and their guardian to bond.How often should I brush my cat?Opinions differ even among professionals as to how often a cat should be brushed. According to the ASPCA, brushing once or twice a week can help keep a cat's coat healthy. VCA Hospitals, on the other hand, recommends brushing your cat daily, especially if they have long hair or a thick coat. Tillman's rule of thumb is to brush your cat as often as they will let you, while Harper said he has no rule of thumb but that guardians should at least be running their hands, if not a brush or comb, over their cat's body once daily. Older cats whose self-grooming abilities have declined may need more regular sessions than younger cats.How often should I use a deshedding tool on my long-haired or thick-coated cat?Again, there are no universally accepted rules for brushing with a deshedding tool. For instance, Andis recommends using its deshedder a few times a week, while Furminator recommends using its tool once a week.How long should a brushing session with my cat last?Cats "can go rapidly from purring to flailing sharp claws in your face" during grooming, according to Miller. Instead of sticking to a set period of time, pay close attention to your cat's body language. If they become agitated or attempt to move away from the brush or comb, call an end to the session and pick it up again later. How can I make brushing pleasant for my cat?The earlier you begin to introduce your cat to brushing, the better. "Kittens that are regularly groomed and have their nails trimmed become used to being handled," said Simpson.To set your cat up for brushing success, Simpson recommends positioning them in a comfortable, quiet area and pairing gentle strokes of the brush or comb with delicious treats. Lickable foods such as Easy Cheese and Inaba Churuare especially high-value for many cats. Though it may be tempting to ask another person to hold your cat as you brush, Simpson said they are less likely to be anxious if you work alone without restraining them.Why do cats shed?Shedding is a normal function of any animal with hair, Harper told Insider Reviews. "Everything has an expiration period," he said. "The hair will run its course, it'll fall out, and it will be replaced by a new follicle." How does a cat's tongue work to remove hair?A cat's tongue is covered with papillae, small rounded nubs that face backwards and help a cat retain food while eating. When they lick and groom their body, those papillae also capture dead, loose hair. Why do cats get hairballs?The same papillae that trap hair while grooming prevent a cat from spitting out what they remove. The hair has nowhere else to go but down the throat and into the stomach. Most of the hair a cat swallows will be digested normally and excreted into a litter box. In some cats, particularly those with luxurious, long coats, some hair will remain in the stomach where it slowly accumulates. Eventually, that ball of hair becomes irritating and there's only one way to get it out: by vomiting.If a cat is shedding more than usual, what might be going on?There are various reasons a cat may begin to shed more than usual, Harper said. Skin irritations due to parasites like fleas or allergies to a new food or something in the environment may cause a cat to scratch more often and lose additional hair in the process. After a traumatic injury, a cat may also shed more around the wound, especially if they are able to scratch at the spot.What should a cat parent do if they find a rash, scab, or other skin irritation?Most minor scratches and scabs will resolve on their own either without intervention or with the application of an over-the-counter skin ointment or salve such as Neosporin, according to Harper. But if there's no change in three days, or if the irritation worsens, he recommends contacting your veterinarian.Does my cat need a bath?While cats don't need to be bathed, Miller said baths are effective for removing dander and dead undercoat and keeping a cat's coat fresh. However, not many cats enjoy being bathed by their guardians. If you think your cat might be willing to be bathed, introduce it cautiously and use a shampoo designed specifically for cats, not humans. If your cat really needs a cleaning but won't tolerate bathing, try a grooming wipe like Earthbath's hypoallergenic version.When should I take my cat to a professional groomer?Anytime a cat is heavily matted and requires shaving, it's best to consult a professional. "Cats' skin is easy to cut, so it's best to leave that up to us," said Tillman. If you have a cat who dislikes being brushed, don't hesitate to hire a groomer to do the basics, too. "It's best not to push the limits of a cat where you are in danger of being injured," said Miller. Our experts We consulted with the following veterinarians and groomers for this guide to the best cat brushes: Keith Harper, DVM, veterinarian, VetnCare Alameda, Alameda, CaliforniaHarper earned his veterinary degree at the Tuskegee University School of Veterinary Medicine in 2011. After completing his studies, he returned home to the Bay Area where he worked as a general practitioner for various clinics, including Banfield Pet Hospitals and VCA Animal Hospitals. He currently practices veterinary medicine at VetnCare in Alameda. We interviewed Harper over the phone on February 17, 2021.Loel Miller, owner, Mobile Grooming by Loel, Walnut Creek, CaliforniaMiller trained with a certified master groomer to earn her grooming chops. She is a member of the National Dog Groomers Association of America, National Cat Groomers Institute of America, and California Professional Pet Groomers Association. We consulted with Miller via email in June 2020.Aimee Simpson, DVM, medical director of VCA Cat Hospital of Philadelphia, Philadelphia, PennsylvaniaSimpson earned a veterinary degree at University of Pennsylvania in 2005. That same year she joined the team at VCA Cat Hospital of Philadelphia, working her way up to the position of medical director. We consulted with Simpson via email in June 2020.Melissa Tillman, owner, Melissa Michelle Grooming, San Leandro, CaliforniaTillman has been grooming pets professionally for 16 years. Prior to opening her own business, Tillman practiced her craft in the Bay Area at Planet Pooch, Fancy Feet Grooming, Aussie Pet Mobile, and Who Let the Dogs Out. We consulted Tillman via email in June 2020.WebsitesFor additional information on cat grooming, we consulted the following online sources:Cat Grooming Tips, ASPCAGrooming and Coat Care for Your Cat, Tammy Hunter, DVM and Cheryl Yuill, DVM, VCA HospitalsA Hairy Dilemma, Cornell Feline Health Center Read the original article on Business Insider.....»»

Category: topSource: businessinsiderOct 22nd, 2021

Video Marketing: The Future Of Business Advertising

If you spend some time looking at projections for the future of content marketing, there’s one thing you’ll continually see: video is the future. Q3 2021 hedge fund letters, conferences and more The move to video shouldn’t be a surprise, though. Video content is easier to consume and often feels more personal than a blog […] If you spend some time looking at projections for the future of content marketing, there’s one thing you’ll continually see: video is the future. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q3 2021 hedge fund letters, conferences and more The move to video shouldn't be a surprise, though. Video content is easier to consume and often feels more personal than a blog post. In addition, the rise of vloggers on YouTube has normalized the idea of ​​putting themselves in front of the cameras, and every minute 300 hours of video are uploaded to YouTube. Google video searches generate 41% more clicks. This information alone is worth the production of the video. Want More Facts? 3 out of 5 consumers watch videos about the products they want to buy. 52% of consumers say that videos are of great help when deciding on a purchase. Video customer testimonials can increase sales by up to 600%. Source: Think with Google The Most Searched Types Of Videos On The Internet Product Or Service Demonstration Video Absolute champion of internet search, it appears directly when your customer is doing an internet search. More than 60% of consumers look for demo videos before buying a product. Creating a  product demo video is a must for any business these days. There are many ways to produce a demo video. You can create a simple video explaining the features and features of your product, or you can use animation techniques, design, narration, or even a presenter. Customer Testimonial Video The best people to market your product are your customers who have already used it and are satisfied. There is nothing stronger than the direct referral of a product by someone other than the seller. Using video testimonials from satisfied customers with your product is probably one of the most effective tools on the internet. Create Authority Video Authority is synonymous with credibility. In turn, credibility is an excellent sales booster. You are perceived as the leader in your industry. Creating your authority online is the best way to attract new customers every day. You need to transmit all your knowledge on the subject related to the product your company sells in videos. Video Training Or Online Course You can use online training to educate your future customer, showing you the correct way to use your products. In addition to serving as a customer interaction channel, training video marketing can also help communicate, internally within the company. When choosing the type of content to create, ask yourself the following questions: Who is my target audience? What do they watch online? What content can I make to complement my products? Can I promote my products organically in my videos? Would my audience be interested in this type of video? Where To Publish Your Marketing Video? Creating a video doesn't always mean creating a YouTube channel and updating it regularly. Here, I'm going to talk about the most popular video platforms. YouTube Of course, when you say “video”, everyone immediately thinks of YouTube. And for good reason. YouTube is a powerhouse when it comes to video content and also acts as a search engine. With its search capabilities, people might stumble across your content by accident, and from there, you can convert them into customers. YouTube prioritizes the following items: Regular uploads HD quality SEO optimized description boxes You don't need any of this to be successful on YouTube, but it will definitely help. To demonstrate the power of YouTube, let me tell you a little story: I decided to take on the challenge of a new customer and created 4 videos for his company. One of the videos got over 40,000 views in just a few months. The company had a growth target for 2 years, after this project the target was reached within 7 months. Posting a video today could turn your business around in a year. Instagram Instagram is a great platform for video because it's much less formal than YouTube and you're not expected to be polished or perfect. Instagram offers three opportunities to share video content: posts, stories, live videos or reels. Instagram Posts Instagram posts will stay on your Instagram profile forever (or until you decide to delete them). These videos can be up to a minute long and are expected to be the highest quality of the three Instagram video types. Depending on your niche and your goals with your video, you can create a variety of video types, from gifs to fun ad videos. Instagram Stories Instagram Stories live at the top of your Instagram feed. You can post a video, a photo, or a boomerang (Instagram's native GIF creator) in your story. Stories disappear after 24 hours unless you decide to highlight and pin them to your Instagram profile. Live Instagram Live Instagram is the most intimidating type of video for Instagram, because as the name implies, it's live. There's no going back and if you have a live audience, they'll see it raw and uncut. That said, live Instagram is powerful. People want to see the real person behind the company, and when you can't polish or edit your video, that's exactly what they're doing. Live streaming on Instagram is real-time and people can comment and ask questions. Going live is always intimidating the first few times, but the more you do it, the more fun and exciting it becomes. You can be very informal and go live just to chat and interact, or you can come up with a plan. Videos Embedded In Your Website I mentioned earlier how Google favors sites with embedded video. That is, if you use a video on your site, it will increase the chances of the page appearing in Google search results. If you just want to create a handful of videos and never think about creating videos again, embedding them into your website might be the way to go. Your embedded videos may reside on individual blog posts or on stagnant pages on your website, such as your sales or “about the company” page. Embedding videos in blog posts can be very beneficial as well, as it gives the audience the option to decide whether to read or watch. Twitter Video As far as I'm concerned, even with all my marketing research, Twitter is still an enigma. People go from obscurity to Twitter fame seemingly overnight. The only way to share a video on Twitter is to upload something you've already created. However, there isn't a live option for Twitter yet, so that takes some of the pressure off. I've seen big influencers start on Twitter when their videos went viral. On Twitter, your main goal is: Get retweets. The more retweets you get, the more they see your video, and the more people see your video, the more retweets you get. All it takes is a great video and a lot of luck to go beyond 20 followers and feel relevant to tens of thousands of followers overnight. How To Make Your Company's Video Marketing Attractive Video marketing is arguably the most intimidating content to work with. After all, the expectation of results is always high. Those who are not used to creating and publishing marketing videos may think it only takes one video to achieve the result. The truth is that there is no rule or ready-made formula, your video can achieve great results, or simply not attract any attention. Like everything else, it is necessary to create, record, publish and measure the results. Here are some quick tips for you to understand what can make your video more attractive: Lighting is very important: Video that has good lighting aesthetics makes the video enjoyable to watch. Camera Angle: You can't swing the camera around, it makes the audience sick. Sound is very important: If you have to choose between lighting and sound, choose sound, bad-sounding video is simply unwatchable. Another point to consider before crafting your video marketing strategy is what types of video editing tools will be used. Some editors for you to create the best videos (and spend little): Online editing: Movavi, Kapwing, Clipchamp, and WeVideo ; For mobile: KineMaster, and FilmoraGo Conclusion Producing a video is not a difficult task; it is possible to learn the bare minimum to record and publish videos with a bit of study. The most important thing is to publish consistently, don't stop! 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Category: blogSource: valuewalkOct 22nd, 2021

Gary Gensler: Vast Majority Of Retail Market Orders Go To Dark Pool

Following is the unofficial transcript of a CNBC interview with SEC Chair Gary Gensler on CNBC’s “Squawk on the Street” (M-F, 9AM-11AM ET) today, Tuesday, October 19th.  Following is a link to video on Q3 2021 hedge fund letters, conferences and more Vast Majority Of Retail Market Orders Go To Dark Pool: SEC Chair […] Following is the unofficial transcript of a CNBC interview with SEC Chair Gary Gensler on CNBC’s “Squawk on the Street” (M-F, 9AM-11AM ET) today, Tuesday, October 19th.  Following is a link to video on .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q3 2021 hedge fund letters, conferences and more Vast Majority Of Retail Market Orders Go To Dark Pool: SEC Chair All references must be sourced to CNBC. BOB PISANI: Hey guys. Lot to talk about today. We’ve got a Bitcoin futures ETF trading, we’ve got the GameStop report out. What do they all have in common? Well they’re all regulated by the SEC. Let's talk to the man in charge, SEC Chair Gary Gensler joins us right now. Mr. Chairman, thanks very much for joining us. GARY GENSLER: Good to be seeing, good to be with you, Bob. PISANI: So, I want to talk about your GameStop report but I have to start with Bitcoin. We've got a raft of cheering people down here from ProShares, ProShares Bitcoin ETF. The futures ETF is starting trading just started a few moments ago. I have to ask you can you, can you explain to our viewers why you chose to allow a Bitcoin futures ETF to begin trading but have not yet approved a regular Bitcoin ETF? GENSLER: Bob, thank you for that question. Just to give you a little context. I think that we in the official sector should be technology neutral but not policy neutral and so what we’re trying to do is ensure to the best we can within our authorities to bring projects into the investor protection perimeter. And so, what you just mentioned, Bitcoin futures have been overseen by our sibling agency the Commodity Futures Trading Commission which I was once honored and proud to serve there and that's been four years and some of these applications came in and when effective, as you said one of them went effective with regard to those products over at the Chicago Mercantile Exchange that our sibling agency oversees. PISANI: I think the important thing here is you've made it clear in the past that this does not have the some of the concerns that approving a full Bitcoin ETF would have. You don't have people breaking into exchanges for example, you don't have problems with fraud or manipulation. Was that a factor, it seems that that was a factor in the fact that you went ahead and allowed the Bitcoin futures ETF. You don't have those particular problems here. GENSLER: Oh, well I'm not going to get into any one application or project. I think what you have here is a product that’s been overseen for four years by a US federal regulator and CFTC, and that's being wrapped inside of something that within our jurisdiction called the Investment Company Act of 1940. So, we have some ability to bring it inside of investor protection. It's still a highly speculative asset class and listeners should understand that underneath this, it still has that same aspect of volatility and speculation but there's our sister agency is overseeing this for four years and then it brings it inside, as I said, an 80 year old law here at the SEC. PISANI: I move on to the GameStop report usual thorough report from your staff. I think this will be the historical record of what happened but I'm curious about the recommendations. You have been talking for many months about payment for order flow and gamification and the potential deleterious effects of both of these on the US trading system and yet there was no discussion about how this might have impacted the trading for GameStop. I'm wondering if there is some kind of connection? Was payment for order flow and gamification factoring what happened with GameStop or not? The report doesn't say. GENSLER: So, I think that the events of January revealed a number of things and as the staff suggested for additional consideration these two topics plus two others that we look out for the investing public when brokerage jobs, when robo advisors are using new data analytics and, and marketing to us using behavioral prompts to possibly get us to trade in a way that benefits them, benefits the application and the, and the program in conflict potentially with what benefits asked the investing public. Also imbedded in some of those issues are the structure of the stock markets itself. It's so much of the market now is, is evidenced in the report in January and these ones are about half of the market is not going to a transparent sort of market that fully lit market that you earlier showed, but it's going to dark holes and wholesalers so those issues the staff suggested up. What, we're going to take a closer look at in terms of what policies can help the public. JIM CRAMER: Chairman Gensler, it's great to have you on the show again. I know that your position on trying to invest. Well, I read a great book that you wrote about no free lunch, that’s why we have diversification. And then I read this report and I absolutely understand, it's very thorough it's got great stuff and talks about how options didn't really affect things, what did impact. And then on page, the last, number two, there's this sentence, “payment for order flow in the incentives it creates may cause broker dealers to find novel ways to increase customer trading including through the use of digital engagement practices.” I read this and it felt like a bit of a lamentation. I felt that right before that you talked about, don't forget, companies underneath the memes are actual employees, customers plans to invest, and then you get to this and I wanted you to be able to say, it may be this is unfortunate because I know that people want, they want to open as much engineering, but this is not Chairman Gensler. Chairman Gensler’s against any idea that we should be doing these digital engagement practices that might hurt investors. GENSLER: So, let me sort of address that. I think that we’ve found on platform after platform whether it's in, in, in streaming apps or retail apps, a very social media, that we're in a transformative time. The 2020s is rapidly changing on top of the invention of the internet, internet many decades ago, we have data analytics, artificial intelligence that markets to each of us a little differently. I mean you might type something in a text and then all of a sudden find you're being advertised something you typed to a personal friend in the text. So those features are all around. What we're raising the question is, is in finance, what does that mean for finance? These digital engagement practices, the underlying separating you from me and from all of us and then if the applications marketing for their revenues and payment for order flow does have an inherent conflict that the brokerage application is increasing their revenues if we trade more. And so are they using these behavioral prompts to get us to trade more or to move to different products, options trading or trading on margin which inherently have more risk in them, and where do we, the SEC, help the investing public out to help them do well when there's these inherent conflicts inside the, kind of inside the box. CRAMER: Right, but I guess what I struggle with is, you've got this great moment here. There are one million of these accounts belonging to investors with an average age of 19. I think these investors if they're focusing on, let's say, trying to put together a fantasy team, I think they’re spending a lot more time on fantasy trying to figure out who the, who's on tonight. How to be able to make it so what's the line, what's the over, they’re spending more time Chairman Gensler on their fantasy lineup than they are trading. They are trading like banshees. Don’t we want to encourage them to spend as much time as they do on their fantasy lineup. GENSLER: Well I think that that investing for the long term tends to have higher returns than day trading or even hourly trading and sometimes, not always, but sometimes these applications encourage individuals to have high trading volumes or trade on margin or options that have inherently higher risks. And so that's where, there’s, there's a worthwhile public debate and I think, I thank the staff of the SEC to serve up this report. I think yes, as you said earlier, now it's the job of the commission to sort through what we do with these additional considerations. PISANI: Mr. Chairman, the staff determined that a short selling squeeze was a factor, but it wasn't the primary reason for the big sell, price run up in GameStop. It was positive sentiment I'm reading from the report here that sustained the week's low-price appreciation, positive sentiment, not the short squeeze, short covering was a small fraction of the overall buying volume. I guess I'm wondering though despite that you've been talking about potential changes in short selling rules. Do we need to make any changes? Do we need more, for example, disclosure about short selling? GENSLER: I think that the markets could benefit from greater transparency, not only on short selling, but a related activity in the markets which is called stock loan when you borrow a stock to sell it short. Congress actually, our US Congress actually about 11 years ago passed two provisions that mandated, directed the SEC to do greater transparency in short selling, and this related activity stock loan. So I have asked staff for recommendations on this to promote, meaning that on a regular basis the market would benefit from seeing the volumes and activity in the lending market, meaning lending securities, and also this short selling activity. PISANI: Just to follow up on payment for order flow. Most, most viewers of the trading activity in the last 30, 40 years agree that the American investor has never gotten a better deal not only have commissions essentially go to zero but even trading costs are much lower, execution quality has improved dramatically in the last 30 years. I know there's a little bit of debate about it exactly how much but the average investor seems to be getting a very good deal, can you, do you feel you're going to be actually able to demonstrate a real harm from payment for order flow? Number one and number two, can you tell us what comes next here you've got the commission with your staff with a very excellent report on the facts, but not a lot of direction about where it should be going. Is the commission then going to meet and make recommendations or make rule changes from here? What's the path here forward after this commission staff report? GENSLER: Well, let me say this, you're, you're right that our markets have gotten more, have moved to zero commission but it doesn't mean it's free. There's still payment underneath these applications. It also doesn't mean that it's always best execution and we've had, we've had cases where we've announced in the last 18 months where there has been this conflict between the broker on the one hand and this payment for order flow on the other. And let me just remind your viewer that if you place a retail market order, as shown in this report, the vast majority of those don't go to the transparent lit markets, they go to the dark market with these, these pools that are not competing and so I’ve asked staffing, can we achieve this simple concept that your order when you place it competes with other orders and buyers if you're selling will compete to get, and to pay you hopefully, the best execution for that price order by order by order. That's what I've asked staff and I think that that's an important concept of competition that helps the investors on one side, helps the companies on the other side that are raising money in our markets. CRAMER: Well, Mr. Chairman, again I want to praise the staff because those who read this will know there was not a vast conspiracy against them which was really the topic that I know a lot of us felt we were really razzed by because we're all in on some sort of Citadel conspiracy. I think that's completely busted but there was something on page 12 that disturbed me, you talk about some of the marketplace may possess superior information about underlying assets. That sir I think is illegal. Did we discover that some of that superior information should be in front of the commission to find out what's going on? GENSLER: Well I think that you chose the words carefully maybe there but when, when order flow when, when trading is being purchased and sent to one wholesaler or another wholesaler then they have information that the rest of the market may not have at least for a short period of time, and, and even milliseconds matter in these markets. And so, that's what we're also looking at. You're absolutely right that we, I think from a policy perspective want to look at that and how we instill greater competition in essence for that data as well as for that order flow. DAVID FABER: Chair Gensler, Chair Gensler, David Faber here. You know we had you on not that long ago, obviously long ranging interview. I wanted to come back to SPACs if I might just for a moment. Haven't really heard that much from the SEC yet and I wonder where you are because it does appear that the market has been making its voice heard when it comes to SPACs. We are seeing the sponsors changing their compensation arrangements, we've seen the pipe market really frees up, and so is the market doing its job, and the SEC therefore perhaps doesn't have to take significant action in any way in terms of regulation for SPACs? GENSLER: I think that there is, is a need here for greater transparency, greater disclosure. These are, these are innovations that have happened in our markets, special purpose acquisition companies, but they're costly, and they may also have inherent conflicts between a promoter or sponsors who is taking generally about 20% of the offering that if you raise a billion dollars, that's $200 million. Can I repeat the number? $200 million to basically raise money and a blank check type of shell company and then you have two years to go out and try to buy something. And there's also this conflict that if you don't buy something, you don't get the promoter, or the sponsor doesn't get that 20%. So there's an incentive to buy something even if it's not the best purchase in the world particularly as the clock is ticking and you get to the end of the two years so I know I've said this a lot about staff working on recommendations. These, these rules are highly detailed. We need to work on the economic analysis which is so critical to good decision making. You're five commissioners, and so the process does take a number of months and sometimes the public says, where's that document or where's that rule proposal but I would envision that staff will put something up to our five-member commission and if, if there's the support of the commission, we'll put it out to public comment with regard to SPACs with regard to a number of these other topics we've talked about as well. PISANI: Just a follow up to my question. The second part you didn't quite answer. What's next here? What happens after this report? Does the commission, meet your five commissioners discuss what you want to do? Are you going to make proposed rule changes? I know you have a request for comment on digital engagement practices that are out there. What will become of that? I guess I'm looking for a roadmap for what you're trying to accomplish here. GENSLER: So, the five of us generally meet bilaterally and then sometimes we meet as a, as a group and as a group when we do that often that leads to what's called a public meeting and the cameras are on and the like. In terms of what's next is staff recommendations on the plumbing, this is called the clearing and settling side. There seems to be broad support in market participants to shorten the settlement cycle. We are secondly assessing the comments that came in on digital engagement. I’ve asked staff to consider whether there's some recommendations we have on those potential conflicts and also better protecting the public. And then the third area that was highlighted was market structure, the entire equity market structure. We haven't updated it in 16 years since 2005 and I think technology's changed so dramatically that it's worthwhile taking a very close look and seeing if we propose something now. In all of these areas as well as short selling, which I talked about earlier that I would anticipate we, we propose things because Congress has told us, mandated that we need to and these four areas I'd envision his staff is debating it, commissioners will weigh in, and then if we think so, we'll put it out to public comment. I, my, my hope is that we put it out and have a lively public debate and see what's best for the markets, and for the investing public. CRAMER: Mr. Chairman, on page 12, page 6, “In order for a customer to trade options, broker dealers must conduct due diligence that option trading is appropriate for the individual customer.” Sir, Robinhood has millions of customers and there's no way they're doing that. I mean, isn't it time we examine that process? GENSLER: Well, so it's, this is the, this is one of the challenges to get greater access, our user interfaces one our mobile phones have made it very efficient but then the question that you've just raised is also appropriate, is somebody on the other side looking as to whether, doing the due diligence as you say about that customer opening a higher risk account, an options trading account for instance or a margin trading account, and I think the staff appropriately flagged this issue. PISANI: Mr. Chairman, I want to thank you for coming on and giving us your thoughts and we very much appreciate the work of your staff and laying out the facts and obviously this is a very important historical document in terms of what happened and we look forward to having you on again soon to let us know what the next steps are. Gary Gensler, Chairman of the SEC Thank you very much for joining us. GENSLER: Thank you. 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Category: blogSource: valuewalkOct 19th, 2021