Warren buffett

Are Barack Obama and Russell Brand in a cult?

What do the likes of Warren Buffett, Bill Clinton, Barack Obama, Oprah Winfrey and Russell Brand have in common? They are all fans of neuro-linguistic programming (NLP), a pseudoscientific hodgepodge of strange hacks and corny aphorisms supposed to change an individual’s thoughts and behaviors. NLP practitioners claim to have the power to help clients achieve desired outcomes. Comedian Jimmy Carr, currently touring the US, recently spoke about the power of NLP during an interview with podcaster Chris Williamson. Carr has also spoken about the power of NLP on other hugely popular podcasts. Like Buffett, Clinton, Obama and Brand, Carr has achieved unimaginable levels of success. But the idea that NLP can help you reach some higher plane of awakening is not rooted in solid science.

nlp

Charlie Rose, comeback king

For some of us, Charlie Rose serves the same function as Proust’s madeleine. His eponymous public television interview program, which began airing in 1991, was a fixture of the pre-millennium media landscape, a halcyon age in which newspapers carried the news, Amazon was a mere purveyor of books, and “woke” referred to a state of wakefulness rather than political correctness. Such nostalgia augurs well for the carefully managed reemergence of the disgraced broadcaster, who has ended his exile with new conversations thrown up on his website, charlierose.com. But we’re getting ahead of ourselves. Five years ago, Rose — by then, also the co-host of CBS This Morning — first became the subject of sexual misconduct allegations.

Won’t someone please think of the billionaires?

As that peerless philosopher of the 20th century Marvin Gaye once pointed out, there are three things in life of which we can all be certain: taxes, death and trouble. Cockburn has long admired the late soul legend’s lyrics, but this week, that weary little aperçu has rung somewhat hollowly in his mind. You will have no doubt read of the damning report published this week by ProPublica, investigating the murky relationship between the taxable assets and actual taxes paid by some of America’s billionaires. If so, you probably agree that it makes for thoroughly depressing reading.

buffett billionaires

Coronavirus is a chance to buy cheaper — but it comes with a health warning

If anything, stock markets have been slow to respond to the spreading coronavirus outbreak. Stories of Chinese supply interruptions, from JCB digger components to plastic toys, have been circulating since mid-February, while hedge funds have been hard at work short-selling cruise-operator shares: Royal Caribbean and Carnival are both down 30 percent. Now airlines have taken a pasting too, with easyJet and Ryanair among the big fallers in Monday’s sell-off of European stocks, following news of a cluster of virus cases in northern Italy. Meanwhile, a turning point may or may not have been reached in the rate of reported cases in Wuhan, where the outbreak began.

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