Tuesday, March 26, 2013

How to Avoid Getting Apple’d


In a world obsessed with picking winners, the dirty truth is many investors under-perform because they don't know what to do with gains once they have them. The temptation to sell too fast is a problem but even worse is the tendency to stick around too long after a stock's run to the upside has ended. Bad stock pickers can muddle along for years, but the true believers get carried out in a box.

Greg Troccoli, co-founder of ChartLabPro.com has three tips for folks looking to hold on to their profits by keeping a grip on their emotions. In honor of those who have been buying the Dip on what was once the largest company by market cap in the world since it hit all time highs $250 ago, we'll call these tips "How to Avoid Getting Apple'd" (name subject to change given Apple's (AAPL) 10% run over the last three weeks).

1) Keep a trailing stop on your winners

A trailing stop is just what it sounds like: If your stock drops below a certain level you automatically sell, which is to say you "stop" owning it. If you watch your portfolio closely you don't need to enter a physical order, but keeping a firm level in mind at which you'd sell an entire position is a key discipline.

2) Take partial gains

"When I reach a certain level of above 10 or 20%, I will take 50% off the books," says Troccoli. Doing so gives him a little more patience with the balance of his position. He compares it to putting a few chips in your pocket when you get lucky in Vegas; people playing with House money are less likely to panic than those who let a profit turn into a beating.

3) Don't call tops or bottoms

"Wait until it rolls over a little bit," says Troccoli. Trading isn't a game of capturing every penny of a move. Taking profits on the way up and in stages rather than in one giant "TOP" call helps active traders capture a move without sitting on the sidelines watching a stock they once owned blast-off without them.

Ultimately it's up to each trader to understand their own emotions and protect themselves against making costly decisions. Trading is a game of grinding and building good practices, not making off the cuff decisions without discipline. Following Troccoli's strategies or, better still, developing your own can often make the difference between booking a big gain or "getting Apple'd" by staying at the table too long.

Friday, March 15, 2013

Fwd: Latest Daily Market Report - Friday 15th March 2013-[STI Now OVERSOLD By 727 Pts (+97):BUY On Weakness FarEast Orchard,STXOSV,Midas,Del Monte Pacific,Ezra Hldgs;Chart Comment On DBS,GuocoLeisure,UPP,BousteadS'pore,YHM,GenS'pore,STIndex]




Begin forwarded message:

From: "Andrew Joo Boon Liang (Phillip Securities) (YI)" <ajandrew@phillip.com.sg>
Date: March 15, 2013, 10:53:18 AM GMT+08:00
Subject: Latest Daily Market Report - Friday 15th March 2013-[STI Now OVERSOLD By 727 Pts (+97):BUY On Weakness FarEast Orchard,STXOSV,Midas,Del Monte Pacific,Ezra Hldgs;Chart Comment On DBS,GuocoLeisure,UPP,BousteadS'pore,YHM,GenS'pore,STIndex]

LATEST WARNING: Marking of Short Sell Orders in POEMS For Shares Not Own In Your CDP A/C

Effective 11th March 2013, SGX will require the marking of sell orders on its securities markets to further enhance transparency of market activities. For more info on short sell, please click here. Please be informed that the marking of short sell orders is already available in POEMS internet from 5th March 2013. For more details, please refer to our FAQ.

Note: If you Short-sell the shares which you do not own in your CDP account, and fail to buy back the shares within the same market day, you will be subjected to the following:

1) If you do not have the required shares in your account on the due date (the third market day following the trade day), CDP will buy-in shares on the market to satisfy the delivery obligation. If the buying-in is completed by SGX at the end of Trade Date +3, no penalty will be imposed. However, if the buying-in by SGX is unsuccessful on Trade Date +3, SGX will continue on Trade Date +4 and Trade Date +5. A penalty, of the higher of S$1000 or 5% of the value of the failed trade not bought in will be imposed. SGX imposes a processing fee of S$75 + GST for each failed contract and charges a brokerage fee for buying-in contract at 0.75% + GST of contract value.

2) Failure to indicate "short sell" in your order submittion and failure to inform your stockbroker to amend the next trading day will result in a fine or imprisionment term or both. Section 330(1) of the Securities Financial Act (SFA) states that any person who, with intent to deceive, makes or furnishes, or knowingly and wilfully authorises or permits the making or furnishing of, any false or misleading statement or report to a securities exchange, futures exchange, designated clearing house or any officers thereof relating to dealing in securities shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 2 years or both.

WORDS OF WISDOM FOR THE DAY : Give Your Investments Time TMature. Be Patient For The World TDiscover Your
Gems....!  

 

The unwavering courage is the hallmark of serious wealth and lack of conviction and courage is the root cause for mediocrity. If you see an opportunity, grab it today! A lot of people say: "Wow, I could have become really rich if I had loaded up on that stock 10 years ago…" And that's a big ' if ". It is important to identify the opportunity. But that's not enough. you have to be decisive. This is especially true of value investors who often get stuck in a trap where they are perpetually seeking extra information to validate their idea. The biggest challenges for value investors are hesitation, procrastination and questioning their own judgments.

 

This is especially so during market crashes. This is because things always look bloody terrible at the bottom. People's hands usually shake uncontrollably when the prices are hit new lows every day. Value Investors say to themselves things like: "Well did I make a mistake? Should I wait a little and maybe the price will drop a little more?" If it's cheap, it's best to buy it. There is no point in passing up something cheap today in the hope that it will get cheaper tomorrow. In this matter traders find things easier than value investors .They ride the downward wave and seize the opportunity to make money.

 

Personally I see many successful investors buy shares with a great deal of conviction when the stock market are in extremely OVERSOLD period. Many of these investors have a large amount of money invested in a few companies and their portfolios shows a great deal of concentration. Patience and conviction are both important for these successful investors too. If you have both, while your patience may be tested, your conviction will be rewarded. Having done your hard work, you must wait for the market to do its work and reward you. Also a person needs to have the patience to give things a chance to work. Give your investments time to mature. Be patient for the world to discover your gems. So I see these smart investors hold on to their winner stocks for a long time while they achieve their full potential.

 

This message and any attachments (the "message") is intended solely for the addressees and is confidential. If you receive this message in error, please delete it and immediately notify the sender. Any use not in accord with its purpose, any dissemination or disclosure, either whole or partial, is prohibited except formal approval. The internet cannot guarantee the integrity of this message. PHILLIP SECURITIES shall (will) not therefore be liable for the message if modified.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Ce message et tou

Monday, March 11, 2013

WORDS OF WISDOM FOR THE DAY : Markets Are Like Women - Always Commanding, Mysterious, Unpredictable & Volatile...!



 

Plunge! Rebound! Crash! Rally! Plunge again! That's been the depressing story line of the stock market the past few trading days, a gut-wrenching, confidence-testing, wealth-destroying bout of volatility that has put investors on edge. To the outsider, the stock market appears random and erratic. What makes a stock go up or down? Experts can't seem to predict the market, so why should I even try? This uncertainty scares many potential investors away from the market and its high rate of returns. People are missing out on good money! This is sad, because the stock market is more predictable than it appears. While they may look similar, stocks are not gambling.

 

First, I have to concede one thing. The stock market is very unpredictable in the short-term. The market severely overreacts to news, whether it's company earnings, economic factors or something silly like which team won the quarter-final of the Champion League soccer match between Real Madrid & Manchester United. Nobody can predict all the news, which makes the stock market unpredictable in the short-term. But in the long-term (6-months to a few years or more), the stock market is very predictable. If the company makes a lot of money, the stock's price will go up. If the company doesn't make money, the stock price will go down.

 

Be fearful when others are greedy, and be greedy when others are fearful. Although sounding very elementary, I quickly realized that this statement is deeper than what many human beings can comprehend without a second or third look. In my opinion, what Mr. Buffett is saying closely correlates to a statement made by Sun Tzu in The Art of War, that states when the enemy attacks; retreat and when the enemy retreat; attack.

 

Generally when the stock market is having a great year (or week for that matter), many amateur investors become greedy and are lured by the possibilities of great gains, then of course come to the conclusion that it is now the perfect time to invest. When the rest of the world starts investing at this high point in the market, the seasoned investors generally retreat, as it can be said that the amateurs are now attacking. Although they attack with no real substance and can be defeated at any time, it is always better (easier) to destroy the enemy once they are in your territory, and thus out of their element. Whenever there is a massive sell-off in the market one will see the smart investors begin to gobble up as many of these undervalued shares as possible.  

 

Believe it or not, this happens all the time and is one of the many reasons why the rich get richer and the poor get poorer. This is one of the main reasons for the need for education in the fields of business and investing. In Proverbs 4:7, the Word of God states " Wisdom is the principle thing; Therefore get wisdom. And in all your getting, get understanding". The sad part is that amateur investors often have neither and think that God is speaking for his own health; But He's not. He's speaking for ours. Stock trading has its own specialized vocabulary but once you have the basics under your belt you can understand better how the market works - more importantly you can work the market to your advantage.

 


Sunday, March 10, 2013

$100,000 COEs? Car ownership scheme should be better managed


The Straits Times
http://www.straitstimes.com
Published on Mar 10, 2013 
$100,000 COEs? Car ownership scheme should be better managed

No policy should result in arbitrary price movements with no relation to economy

By Han Fook Kwang Managing Editor

When I renewed the certificate of entitlement (COE) for my nine-year-old car in 2010, I paid the prevailing premium of around $20,000.

I kicked myself for not doing so a year earlier when the amount was $5,000. But when the price rose after I made the renewal, to $60,000 a year later, I thanked my lucky stars.

A colleague whose Volvo is almost 10 years old says she will scrap it as she will not pay the $90,000 required to renew its COE now.

Her husband's experience is completely different, and he has a wide grin on his face every time he tells how he renewed the COE of his Mazda for $3,800 in 2009.

Three very different experiences over the same piece of paper that confers the right to own a car in Singapore.

Should policy work like this, resulting in people paying so very different prices over so short a period?

So, how many ways are there to lower COE prices?

Answer: As many as there are to raise them.

Indeed, there are many ways because the COE is a piece of paper created by the Government which has almost absolute control of how it performs in the market.

Want to raise COE prices? Here are three effective ways.

One, reduce the supply of COEs - the fewer there are, the higher the price will rise as buyers compete more aggressively for the reduced supply.

Two, lower the other ownership taxes, such as the Additional Registration Fee (ARF).

What will happen is that car buyers will use the savings from the tax reduction to bid higher COE prices because they will assume all the other bidders will do the same.

Three, relax the lending requirements so that more people will be able to take up loans to buy cars because the monthly repayment is now within their budget.

What if you did all three? You should bet your last COE dollar that prices will hit the roof.

In fact, that's exactly what the Government has done over the last 10 years.

In 2003, it lifted car loan restrictions which had been in force from 1995.

In 2002, it reduced the ARF from 140 per cent of the open market value of a car to 130 per cent, part of a planned reduction in the tax which was brought further down to 100 per cent in 2008.

And in 2009, it sharply reduced COE numbers to slow down the growth rate of the car population from 3 per cent a year to 1.5 per cent, and to 0.5 per cent this year.

Should anyone be surprised then that COE prices exploded, hitting the $90,000 mark?

In its defence, each of these changes could be justified on its own grounds, as indeed they were. But taken together, it was a recipe to break COE price records.

It shows how important it is for policymakers to be clear about what they want to achieve and to be wary of unintended consequences.

In this case, I do not think the people who decided to relax the lending requirements in 2003 realised what a major impact it would have on COE prices by encouraging more people into the car market.

Perhaps the official attitude then was that it didn't matter how high COE prices rose. Weren't prices merely a function of supply and demand? No one was forcing anyone to bid those prices and if there were people willing to pay, who was to say they were wrong, or that the scheme wasn't working properly?

Indeed that was the reply given by officialdom whenever the issue was raised - it was market forces that determined the price.

In reality, it was bad policy.

Alarm bells should have sounded much earlier that something was seriously wrong when the price of a piece of paper conferring the right to own a car was fast approaching $100,000.

The earth should have moved at the Ministry of Transport when Category A COE prices jumped so rapidly over just two years, from an annual average of $11,600 in 2009 to $68,200 in 2011.

No policy should result in such arbitrary price movements that bear no relation to the economy. It is also terribly unfair for one person to pay more than six times what somebody else paid two years ago.

And it's no good saying it's the free market working because the COE market isn't free. It's created by government and determined completely by policy.

There's clearly a need to manage the COE scheme better to prevent prices from moving so arbitrarily.

Of the three measures I mentioned above, the one I have the greatest problem with is the sharp reduction in COE supply.

That was the killer move with the greatest impact on prices.

Reducing the car COE supply from an annual average of 105,000 from 2004 to 2008 to just over 20,000 today was much too precipitous.

In fact it should be policy not to vary the numbers by more than a certain amount - say 10 per cent at most - from year to year to allow prices to adjust gradually.

The roads may be more congested as a result of such a gradual approach, and more usage measures such as electronic road pricing and parking restrictions may be needed to relieve local bottlenecks.

But it wouldn't have shaken confidence in the COE system which I fear is the case now, because people believe it works only for top earners.

Alas, having taken the decision in 2009 to slam the brakes on COE supply, it is very difficult now for the Government to reverse its policy.

It did the next best thing, which was to reimpose the lending curbs.

Whether that will bring down COE prices remains to be seen. Over the longer term, however, and as long as the COE supply remains tight, I'm not hopeful as there's enormous spending power at the top and the rich will not give up their cars.

For those not in that class, I believe the Government made the right decision through the lending curbs to discourage young Singaporeans from committing so much of their earnings to buying a new set of wheels.

This newspaper reported last weekend that owning a car at today's prices can cost the owner $1.6 million over his or her lifetime.

That's an awful lot of money, enough to finance the children's education or provide a tidy sum for retirement.

Time to get used to taking the MRT or bus to work as so many others do in major cities around the world.

In Tokyo, London, New York and even Hong Kong, very few people drive to work unless they are CEOs with chauffeur-driven cars.

Singaporeans cannot expect to be so different

3-D-Printing Pen Adds Dimension To Your Doodles | Popular Science



A new Kickstarter project lets you draw in the air, then watch a scribble form in plastic.

We've seen fun drawing/doodling inventions before, but this one, put on Kickstarter today and already more than $50,000 past its $30,000 goal, takes it to a whole new level. As you doodle in the air, the 3Doodler extrudes a plastic version of your doodle.

The pen is thick, about 7 inches by 1 inch, weighs about 7 ounces, and bulges slightly at the center. A small point extends out from the bottom, where the plastic is released. Colorful spools of plastic are fed through the pen and, as you draw, the plastic coming out of the pen solidifies into a string that can be manipulated into shapes. (There are some pretty neat examples of portraits and even an Eiffel Tower on the Kickstarter.)

Awesome! Although this, unlike full-scale 3-D printers, sounds like it's mostly a toy. (Recommended for ages 12 and up, the inventors write.) But there is definitely room for some artists to run with the gadget, and the inventors are working with a set of wire artists to see what they come up with. And since it's already funded, maybe some of the early adopters will think up some unexpected uses.

[Kickstarter]

Tuesday, March 5, 2013

WORDS OF WISDOM FOR THE DAY : The Principles Of Successful Speculation Are Based On The Supposition That People Will Continue In The Future To Make The Mistakes That They Made In The Past....!


 

The above you just read appears in the timeless investing quotes of many experienced stock traders in the market. Many of these traders are famous for greatest trading minds of all time but yet fall prey to their own emotions. Even the most brilliant traders in the world make mistakes. Not only do they lose money occasionally, they tend to make ill-adviced trades over and over again. Anyone who claims anything different is probably full of something other than trading profits.....

 

The problem with stock speculation is that traders are human beings, and therefore rely on the same, predictable emotions as everyone else in the world. This is what makes trading patterns easier to predict, and how the majority of traders make money. However, when you capitalize on the emotions of the herd, you need to be careful to not get swept away into any bad decisions that could hurt your bottom line. To help keep you on track in your own trading, I have detailed 3 common trading emotions, along with how you can avoid the pitfalls and trading losses that go with them:

 

1) GREED - Every single trader is in the stock market to make money. If you are not, then I am afraid you are in the wrong place. But there is a distinct line between wanting to succeed at trading, enjoying repeatable profits as the reward for your success and being greedy. Greed causes overtrading and overtrading kills profits. Instead of patiently waiting for the ideal setups, greedy traders will jump on any stock that is moving. The result is usually the same everytime: a ton of commissions destroying what little profit was made earlier. The key takeaway here is to only trade the best patterns or setups. You don't always need to be buying stock just for the sake of having shares. If it helps to limit yourself to a certain number of trades per week, you should add a caveat to your trading rulebook.

 

2) HOPE - While it may sound innocent enough, hope can be the great profit-killer for traders and investors alike. Hope is dangerous emotion because it can cause irrational thinking. Hope is the reason some traders add to losing positions because they are convinced ther are correct and hope the market will eventually vindicate them. Unfortunately, the market does not operate under these rules. When you are trading a stock based on technical analysis, the market is always right. Before every trade you make, you must make a pact with yourself to sell the stock if it falis to do what you anticipated. If hope sneaks into the picture, prepare yourself for larger losses.

 

3) FEAR - A healthy amount of fear can be a good thing for every trader to posses, mainly because it helps convince you to cut losses early. But fear is a tricky emotion that can cause traders to behave irrationally. We have all experienced the same fellings when a stock we were not watching at the moment stages a breakout move. When you finally notice, the stock is up a significant amount, yet you can't shake the feeling that it will move higher. In this case, fear has a powerful grip. Instead of fearing losses, you are afraid of missing out on potential profits. This lead to chasing the breakout and either severely limiting potential gains and wasting a trade. My solution to this problem is simple: If you like a stock that has already broken out, make it a rule that you cannot buy shares until you have waited at least one hour from the point when you wanted to buy. If the stock pulls back to an acceptable entry point, feel free to buy the shares. But if it continues to run, accept that you were too slow and move on to your next target in the stock market. With a self-imposed time limit, you will eliminate impulse trades that can wreck havoc on your hard-earned gains. 

Sunday, March 3, 2013

UPDATE 2-Temasek-backed Mapletree launches $1.3 bln record REIT IPO


REIT OFFERINGS

Other offerings by business trusts and REITs expected in the coming months in Singapore include an up to $700 million IPO for GE Commercial Aviation Services' Aircraft Capital Trust, and an up to $600 million deal by Japan-focused retail real estate company Croesus Retail Trust.

REIT listings in Asia rose 21 percent to $9.64 billion in 2012 from $7.97 billion in 2011, according to the APREA data.

By comparison, the number of IPOs in Hong Kong plunged 64 percent in 2012 from 2011, while new listings in Singapore dropped 41 percent over the same period, according to Thomson Reuters data.

The Hang Seng REIT index in Hong Kong is up nearly 31 percent over the past year, while the FTSE Straits Times REIT index gained 35 percent over the same period, as investors flocked to the high-yielding securities to boost returns amid low global interest rates and volatile stock markets.

Cornerstone investors pledged to buy nearly $720 million worth of units on offer. The 11 investors included Asian insurer AIA Group, CBRE Clarion Securities and Norges Bank, the central bank of Norway.

Those investors agree to keep the shares for a fixed period of time in exchange for a guaranteed stake in the offering.

Mapletree's net property income, or revenue, for the seven months ended March 2012 totaled S$98.5 million, with total return for the period reaching S$54.3 million, according to the prospectus. Mapletree forecasts net property income to rise to S$185.7 million in the year ending in March 2014 and reach S$197.5 million the following year.

The REIT expects to distribute S$139.8 million to its unit holders in the 2014 financial year and S$153.2 million in 2015.

Citigroup, DBS, Goldman Sachs and HSBC were hired to manage the offering.

UPDATE 2-Temasek-backed Mapletree launches $1.3 bln record REIT IPO



* Mapletree deal would be biggest REIT IPO in Singapore

* China-focused REIT to yield up to 6 pct in 2013-2014

* CBRE, AIA, Norway central bank among cornerstone investors

* IPO pricing set for Feb. 27, listing slated for March 7

By Elzio Barreto and Eveline Danubrata

HONG KONG/SINGAPORE, Feb 15 (Reuters) - A real estate investment trust backed by Singapore state investor Temasek is betting on demand from yield-hungry investors to complete an up to $1.3 billion initial public offering, the largest ever IPO by a REIT in the city state.

Investors and bankers hope a successful offering by the REIT, Mapletree Greater China Commercial Trust, will be a harbinger for IPOs in Asia following a dismal 2012.

It will be the biggest IPO in Asia excluding Japan since the $3.1 billion listing of People's Insurance Company (Group) of China's (PICC) in late November, and comes ahead of some $2.5 billion of offerings for business trusts and REITs expected to take place in the coming months in Singapore.

"Overall it's quite attractive because of the strong sponsor, quality assets and yield," said Tan Siew Ling, an analyst at CIMB Research in Singapore. "Given the size of the deal, it will be closely watched because if it does well, it will give a positive signal to other players that might want to do similar IPOs."

Mapletree is offering about 1.73 billion units in a range of S$0.88-0.93 each, putting the total deal at up to S$1.6 billion ($1.3 billion), according to a prospectus of the IPO filed on Friday.

At that price range, the REIT has a projected yield of as high as 6 percent for the financial year ending in March 2014, and 6.5 percent in the following year, the prospectus said.

The projected returns compare with an average of 5.05 percent on retail REITs and 4.82 percent for office REITs listed in Singapore for the 12 months through the end of January, according to Asia Pacific Real Estate Association (APREA) data. In Hong Kong, retail REITs posted average yield of 4.6 percent, while office REITs had 5.46 percent in the same period.

"The yield is attractive and in line with what is being offered in the REIT space in Singapore," said Kristy Fong, an investment manager at Aberdeen Asset Management in Singapore. "Right now they have a few assets, but the management can pursue asset enhancement and there are potentially more assets that can be injected by the sponsor."

Pricing of the IPO is set for Feb. 27, with trading on the Singapore stock exchange slated for March 7.

The Mapletree REIT will consist of office and retail developments in mainland China and in Festival Walk, an up-market shopping center in Hong Kong's Kowloon area. It is controlled by Mapletree Investments Pte Ltd, which is owned by Temasek.

Festival Walk is focused mostly on retail commercial space, with tenants including Marks & Spencer, budget fashion company Hennes & Mauritz and an Apple Inc store, but it also has a four-storey office tower. Mapletree's Gateway Plaza in Beijing targets mostly corporate tenants, with two 25-storey office towers.

The Mapletree REIT plans to use all the proceeds from the offering to help fund the purchase of Festival Walk and Gateway Plaza from its parent company. In addition to the IPO funds, the REIT is also taking out a HK$12.15 billion ($1.6 billion) loan from six banks, including the four underwriters of the IPO, to finance the purchase.


Friday, March 1, 2013

Popular Science: Why I Love Chromebook, And Why The Ultra-Premium Chromebook Pixel Makes No Sense

Why I Love Chromebook, And Why The Ultra-Premium Chromebook Pixel Makes No Sense

Google Chromebook Pixel GoogleGoogle's weird browser-only operating system is surprisingly capable--but the just-announced Chromebook Pixel is the com...

Source: http://www.popsci.com/gadgets/article/2013-02/why-i-love-chromebook-and-why-ultra-premium-chromebook-pixel-mistake

Shared via Google Currents

Popular Science: Wristband Tracks Your Muscle Movements For Super-Precise Gesture Controls

Wristband Tracks Your Muscle Movements For Super-Precise Gesture Controls

Swipe the air to pause. Wave to fly drone. Most gesture-control systems require some kind of external sensors that "see" you, with optical sensors or ...

Source: http://www.popsci.com/gadgets/article/2013-02/gesture-control-all-your-gadgets-awesome-wristband

Shared via Google Currents

Popular Science: Wristband Tracks Your Muscle Movements For Super-Precise Gesture Controls

Wristband Tracks Your Muscle Movements For Super-Precise Gesture Controls

Swipe the air to pause. Wave to fly drone. Most gesture-control systems require some kind of external sensors that "see" you, with optical sensors or ...

Source: http://www.popsci.com/gadgets/article/2013-02/gesture-control-all-your-gadgets-awesome-wristband

Shared via Google Currents

Popular Science: A Transparent Smartphone And More Amazing Images From This Week

A Transparent Smartphone And More Amazing Images From This Week

Transparent Smartphone Polytron Technologies, a Taiwanese manufacturer, debuted their transparent smartphone prototype to Mobile Geeks earlier this mo...

Source: http://www.popsci.com/science/article/2013-02/transparent-smartphone-and-more-amazing-images-week

Shared via Google Currents

CNET: 3D-printed car saves money, energy

3D-printed car saves money, energy

It wasn't long ago when 3D printing was a really cool concept we liked to daydream about. Now, it's gearing up to change our lives. We've seen 3D-prin...

Source: http://news.cnet.com/8301-17938_105-57571856-1/3d-printed-car-saves-money-energy/?part=propeller&subj=crave&tag=title

Shared via Google Currents

Harvard Business Review: When Your Incentive System Backfires

When Your Incentive System Backfires

How many times have you seen an incentive system produce the exact opposite of the desired behavior? Why is that? And why can't organizations see, let...

Source: http://feedproxy.google.com/~r/harvardbusiness/~3/gHv0M0WmCCY/when_your_incentive_system_backfires.html

Shared via Google Currents

Harvard Business Review: Who's the Best at Innovating Innovation?

Who's the Best at Innovating Innovation?

Most companies put innovation at the top of their agendas. But how many devote the energy and resources it takes to build innovation into the values, ...

Source: http://feedproxy.google.com/~r/harvardbusiness/~3/fNUibfiJk0Y/whos_the_best_at_innovating_in.html

Shared via Google Currents