Andrew To
Andrew To
Andrew Tois a member of the Wong Tai Sin District Council, Hong Kong. Of Hakka ancestry, he is the former chairman of League of Social Democrats from 2010 to 2011, succeeding Wong Yuk-man. His wife, Jackie Hung, was a leader of Civil Human Rights Front and Justice and Peace Commission of the Hong Kong Catholic Diocese...
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To say that it lay in mere character, or was a psychological interest, would be a great mistake, for he was dramatic to the tips of his fingers.
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What keeps me up at night? Waking up to a scoop at another newspaper or on TV. I'm probably competitive, almost too much so. I will stay up till the Web sites at night roll over. And if they don't roll over, I'll stay up until it's done. I'll wake up at the crack of dawn, or in the middle of the night even, just to go and check and see.
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What if the slowdown in merger activity isn't cyclical, but secular? What if corporations have learned the lessons of so many companies before them that the odds of a successful merger are no better than 50-50 and probably less? Is it possible that the biggest deals have already been done?
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What if lawmakers never spoke to their constituents? Oddly enough, that's exactly how corporate America operates. Shareholders vote for directors, but the directors rarely, if ever, communicate with them.
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Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso.
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We talk about institutions that are too big to fail - I think the story is as much about people who think they are too big to fail.
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The euphoria around economic booms often obscures the possibility for a bust, which explains why leaders typically miss the warning signs.
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Some billionaires like cars, yachts and private jets. Others like newspapers.
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It's the people who have an incentive to find the problem who usually find the problem.
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In truth, the best Bitcoin can hope for is to be a second-rate version of gold, if that.
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Wall Street is littered with clever plans to use financial instruments to change behavior - carbon trading, for example. Some have changed the world, and others failed miserably.
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In many ways, education is a lousy business. Teachers are not normal economic actors; almost all of them work for less money than they might fetch in some other industry, given their skills and advanced degrees.
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Unfortunately, I think it's very difficult to separate policy from politics. In a perfect world, in some instances, you probably would want to. In other instances, you'd probably say that the political element is important because it should, in a perfect world, match what the stakeholders need or want, or what the public is after.
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Under the Foreign Corrupt Practices Act, a company is not allowed to provide a personal benefit to a decision maker in return for business. But hiring the sons and daughters of powerful executives and politicians is hardly just the province of banks doing business in China: it has been a time-tested practice here in the United States.