Why Warren Buffett’s wrong on bitcoin: Legg Mason’s Bill Miller — CNBC

  • Legg Mason’s Bill Miller may have lost 20 percent of his investment in bitcoin, but he’s still bullish on its potential.
  • Miller, chairman and chief investment officer at Legg Mason Capital Management, said bitcoin makes sense when investors look at its risks versus rewards.
  • Miller commented on billionaire Warren Buffett’s description of bitcoin as a “mirage” last month on “Squawk Box.”
  • Miller said Buffett was right about bitcoin’s potential as a means of money transfers or payments.
  • Comparing bitcoin to checks or money orders doesn’t take into account the hard limit of 21 million bitcoins that its inventors have placed on its global supply, Miller added.

Legg Mason’s Bill Miller may have lost 20 percent of his investment in bitcoin, but he’s still bullish on its potential.
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Use These Eight Guiding Principles To Build A Customer-Centric Company

  • Clearly, customer-centric culture requires changing the operating system of the company and includes modifying the habitual behaviour of employees, and how they think about the company and it’s customers.
  • So, what are eight key pillars for building a customer-centric culture —

    Everyone, right from the CEO to the front-line staff to the janitor to the back-office staff, should know what comprises customer service.

  • Whatever values are chosen to embed to build an enterprise known for customer-centricity, it’s important that it inspires the employees and they demonstrate clear bias for action to do what is right for the customers and the company.
  • What’s critical here is that all employees in the company should get rewarded on customer performance irrespective of whether they are doing a customer facing job or doing work in back-office.
  • Establish standards but let employees innovate

    A company keen on building a customer-centric culture needs to embed standards for organizational activities that face the customer as well as those that don’t.

Customers are the reason why businesses exist. Many businesses want to be customer-centric and spend time, money and other resources to make it happen. But they don’t get the desired results. One reas…
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Business Giants to Announce Creation of a Computing System Based on Ethereum

An alliance of about 30 companies, including Microsoft and JPMorgan Chase, has plans to standardize data gathering and tracking with software that is seen as harder to hack.
Continue reading “Business Giants to Announce Creation of a Computing System Based on Ethereum”

Business Giants to Announce Creation of a Computing System Based on Ethereum

An alliance of about 30 companies, including Microsoft and JPMorgan Chase, has plans to standardize data gathering and tracking with software that is seen as harder to hack.
Continue reading “Business Giants to Announce Creation of a Computing System Based on Ethereum”

Business Giants to Announce Creation of a Computing System Based on Ethereum

L'autre initiative majeure du #blockchain  avec #Ethereum. Comment l'intégrer dans l'#IoT ?

An alliance of about 30 companies, including Microsoft and JPMorgan Chase, has plans to standardize data gathering and tracking with software that is seen as harder to hack.
Continue reading “Business Giants to Announce Creation of a Computing System Based on Ethereum”

Business Giants to Announce Creation of a Computing System Based on Ethereum

An alliance of about 30 companies, including Microsoft and JPMorgan Chase, has plans to standardize data gathering and tracking with software that is seen as harder to hack.
Continue reading “Business Giants to Announce Creation of a Computing System Based on Ethereum”

Business Giants to Announce Creation of a Computing System Based on Ethereum

An alliance of about 30 companies, including Microsoft and JPMorgan Chase, has plans to standardize data gathering and tracking with software that is seen as harder to hack.
Continue reading “Business Giants to Announce Creation of a Computing System Based on Ethereum”