17512 Columbia

Archive for June 4th, 2012|Daily archive page

Buying a bunch of newspapers: “It’s not a soft-headed business decision.”

In Everyday Living, Opinions, Opportunities on June 4, 2012 at 12:45 pm

“As the newspaper industry flounders, one billionaire is still bullish about snatching up local papers. Warren Buffett tells Howard Kurtz why he thinks print has a future.”

“Warren Buffett insists he’s not just snatching up newspapers because he loves them.

“‘It’s not a soft-headed business decision,’ the 81-year-old investor tells me from his Omaha office. ‘It’s not going to move the needle at Berkshire Hathaway. If it were the widget business, I wouldn’t do it. The kind of earnings we’ll draw from our newspaper properties will be a very tiny fraction of, say, Burlington Railroad. But it’s not a dumb decision financially.’

“In putting his considerable money where his mouth is—Buffett’s company is in the process of buying 63 Media General newspapers for $142 million—the chief executive is challenging the widespread belief that the industry is trapped in a death spiral. His move comes at a time when the New Orleans Times-Picayune and three other Newhouse papers in Alabama are cutting back publication to three days each week.

“‘This three-day-a-week stuff really kills you,’ Buffett says. ‘You want people who look at you every day … Once people get used to online, I don’t think they come back.’

“When Buffett sings the praises of this ink-on-paper product, he can sound like a tribune of an earlier era, when young boys delivered the daily on bicycles to nicely tended front lawns. As a kid, he says, he checked the paper every day — first the stock quotes, then the box scores, ‘to see if Stan Musial went 2 for 4.’

“The Web is now awash in financial data and baseball results, of course, one of many signs of how newspapers are far less vital.

“Rich men buy papers for many reasons. Rupert Murdoch has lost a fortune on the New York Post because it enhances his political influence, and overpaid for The Wall Street Journal because of its unrivaled prestige. Real-estate developer Mort Zuckerman became a player by buying New York’s Daily News. But Buffett seems to have no agenda other than believing, in the end, that newspapers matter.

“As owner of the Buffalo News and a major Read the rest of this entry »

The Conversation – “Brain power: why using it helps stop losing it”

In Everyday Living, Opinions on June 4, 2012 at 6:12 am

“‘Use it or lose it’ is a catch-cry that applies to the brain as well as the body. For some time now, researchers have known that, in general, people who stay more mentally active throughout their lives tend to have a lower risk of developing dementia in their later years. Why this is has been much less clear.

An active cognitive lifestyle leads to reduced dementia risk. Antonio Monerris

Research my group has recently published sheds light on this interesting and potentially very powerful biology. We started off with a broad interest in ‘cognitive lifestyle’, a term used to describe a person’s lifetime patterns of learning new things, engaging with others, and challenging the mind. In this study, cognitive lifestyle was measured by asking each person about their educational experiences, classifying how complex and demanding the main job was during their working years, and more currently, how often they were catching up with family and friends.

“The Study

“This research was only possible by working with one of the largest datasets of its kind, the Cambridge-based Cognitive Function and Ageing Study (CFAS). The study has more than 13,000 participants – older individuals who have now passed their 14th year of ongoing follow-up.

“Initially, we used this dataset to confirm that living a “more active cognitive lifestyle” does indeed lower your risk of dementia. We found that, on average, people who had either completed more years of education, worked in a more complex or mentally demanding occupation, or were more socially engaged with family and friends had a 40% lower chance of developing dementia over the long term.

“Next, we analysed tissue from all 329 people in the study who had died during the 14 years and donated their brain to science. Since the most common cause for dementia is the build up of Alzheimer’s disease, our first test asked one of the more obvious questions: do more cognitively active people simply develop less Alzheimer’s pathology? Read the rest of this entry »

today’s news … Monday, June 4, 2012

In Uncategorized on June 4, 2012 at 6:00 am

today’s news and information gleanings from here and there! 

Quote for todayAlways go to other people’s funerals, otherwise they won’t come to yours.” – Yogi Berra

  • Solar power is working!Germany sets solar power record, institute says: German solar power plants produced a world record 22 gigawatts of electricity – equal to 20 nuclear power stations at full capacity – through the midday hours on Friday and Saturday, the head of a renewable energy think tank said.” - Toronto Globe and Mail

Learn, discover, enjoy and “dunk someone”

In Education, Everyday Living, Government, Opportunities on June 4, 2012 at 5:05 am

Come on over to the Lancaster County Public Safety Training Center on Sunday. Not only will you get the unique opportunity to learn more about “community safety programs” but you’ll have a great time as you learn about the facility’s unique resources and programs. The Lancaster County Public Safety Training Center really is one of Lancaster County’s premier treasures.

Click here for directions.

Follow

Get every new post delivered to your Inbox.

Join 69 other followers