The Nielsen Company and NM Incite (a joint venture between Nielsen and McKinsey & Company) in their recently released U.S. Digital Consumer Report dubbed the current young adult generation “Generation C” based on their “connected” behaviors. This group – Americans between the ages of 18 and 24 – accounts for approximately 23% of the population according to the most recent U.S. Census but they spend far more time socializing and consuming media through their devices than other “generations.” Continue reading
Over the past decade and a half the U.S. economy has weathered two significant recessions, including crises in the residential real estate and financial services industries. Despite these economic hardships the self-employed and “solopreneur” workforce grew by 4.3 million workers and is projected to continue growing at double-digit rates. Continue reading
I am a huge fan of Warren Buffett’s. It isn’t so much that he’s a brilliant investor who has delivered a tremendous amount of value to the shareholders of Berkshire Hathaway, but rather than he’s willing and able to put some of the most complex (and controversial) topics of discussion into a context that is digestible for nearly everyone. In his upcoming shareholder letter, Buffett challenges the conventional wisdom that has long stated that cash is among the safer aspects of one’s investment portfolio and that stocks are among the riskiest. Quite the contrary says Buffett, you’re guaranteed to lose money on your cash position (although it affords you flexibility and liquidity) and over the long run a diversified stock portfolio is much more likely to produce big returns.
What do all of the world’s social media users have in common? Besides having a rabid obsession with making Mark Zuckerberg even more money, we’re all going to die. Continue reading
I spend a lot of my day (and night) talking to people. In fact, if I were to total all of the activities in my life – and probably the lives of most people I know – the largest single activity on which time is spent (although curiously perhaps not by level of effort) across my entire life has been communication. Words have meaning. Continue reading
Ever since I first got onto the Internet in the late 1980s and involved in its commercialization in the early 1990s I’ve seen year after year of brilliant (and sometimes silly) innovation and growth. It should be no surprise that pundits the world over are looking to 2012 to be yet another record-setting year wherein more people get online and stay online in ways that are well understood and some that may emerge before our very eyes (Pinterest, anyone?). Continue reading