Sunday, February 02, 2020

Short comments of the day...

---After Ginni Romitty announced her retirement from IBM, the stock rose over 5% on a day when the overall U.S. averages were down 1.75%.  The only market consensus now is that the new CEO and President, both insiders, could not possibly be worse.  New shareholder here based on the news after many years of shunning the stock.  IBM was my banking client for international business in the early 1980's and the arrogance of my contacts there was in the range of rude to ugly.  The firm moderated that attitude over many years, until Romitty upped the ante again.  The Board was reticent to deal her even as she failed to invest in cloud projects.  It's been a long time coming...

---The February 3rd New Yorker magazine has a profile of James Corden, titled "Mr. Happiness".  The 41 year old polymath of the present, whose late night program airs mostly when I do not, is an interesting person with a varied career, having had his ups and downs. The profile is fascinating.  There were a few times when my eyes were open during "Carpool Karaoke" in the past, but I had no idea that it had become such a phenomenom.  Now "You Tube" will get more action to catch up.

---In the same issue, there is an essay by Jill Lepore, "In Every Dark Hour", under the smaller font header "The Future of Democracy".  In five dense magazine pages, she reviews the state of democracy in the world since 1917, with even a few backtracks to more distant times.  The name "Donald J. Trump" is mentioned only once, in a paragraph that includes the names Putin, Erdogan, Orban, and Bolsonaro, but his time in power is the real subject.

---Sports update:  An American woman not named Serena has won a major title for the first time in over ten years.  Sofia Kenin was born in Russia but came to the U.S. with her family when she was three years old.  She defeated Garbine Magurza, a two time major winner, who was born in Venezeula but moved with her family to Spain when she was five years old.  Novak Djokovik defeated Dominic Thiem in five sets, keeping the dominance of the top three intact.  There was a hope here that Thiem could break through and it looked possible after three sets. Great match, remarks by both about Kobe after.

---Super Bowl next:  San Francisco will win the first half, Kansas City will win the second half, half time will be the winner.














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