a remarkable chart showing that the top 20 websites account for 39% of all time spent online. Myspace way in front with 11% of all online time, google in 5th place. even more suprisingly, BoA's website and Adult Friend Finder (a hard-core "dating" service) also in the top 20.
Debt and No Defaults
Junk bonds and bank loans continue *not* to default.
But a funny thing happened on the way to the meltdown: According to Moody's Investors Service (MCO ), junk-bond defaults actually fell in 2006 for the fifth straight year, to 1.7%--well below the long-term average of 5%. The story is the same in the booming leveraged-loan market, which, thanks to more flexible borrowing terms, has become a favorite of the private equity firms raising billions for leveraged buyouts and the hedge funds that buy most of that debt. By the end of 2006, leveraged-loan defaults slid below 1%, an all-time low.
Some private equity players see a major structural shift at play: Greater liquidity across the capital markets and the explosion of sophisticated financial instruments, they say, are reducing the level of risk permanently. But others say the cycle is just being delayed, possibly leading to a harsher crash when it turns. "The big question is whether the excess money is simply giving weak companies all the rope they need to hang themselves," says David T. Hamilton, Moody's head of credit default research.
The level of risk is reduced permanently (!) by liquidity and financial instruments. Really? The second in particularly is a dangerous thought. Can you really increase the amount of cash available from the enterprise by how you slice it?
Peter Drucker on Time Management & Leadership
Peter drucker is so good that often feel that I ought to staple his quotes to my computer screen. "Management is doing things right; leadership is doing the right things."
"There is nothing so useless as doing efficiently that which should not be done at all."
"Plans are only good intentions unless they immediately degenerate into hard work."
"One cannot buy, rent or hire more time. The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it. Time is totally perishable and cannot be stored. Yesterday's time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time. All work takes place in, and uses up time. Yet most people take for granted this unique, irreplaceable and necessary resource.â€"
More Good News on .tv
professional domaineers starting to take notice... Article 1:
From Afternic.com (top 2 domain aftermarkets)
from "Domain Names in 2007" newsletter
In addition to retailing, the internet is coming on strong as a means for delivering media. I subscribe to three podcasts and wish that I had time to keep up with a few others. With more programming available online everyday, .tv is gaining popularity and value. This is one commercialized ccTLD that people understand. I am interested to see whether people begin using mobile devices for watching online programming and whether .tv or .mobi will benefit if mobile media goes mainstream.
Article 2:
From Domain Name Journal.com, the leading (only?) journal covering the domain industry. This is particularly notable since the editor has historically been a bit of a skeptic re: .tv
This is from their Predictions for 2007
“We will also see even more clearly the intersection of the domain name space and the media space,†Stahura said. “Take .tv for example. With the explosion of video content on the Internet, I think we will see the .tv top level domain grow the most compared to other TLDs.†Of course, Stahura now has a special interest in .tv since registry owner Verisign turned management of that extension over to eNom in the final quarter of 2006.
However, Stahura isn’t alone in predicting better things for .tv. Those who were at the T.R.A.F.F.I.C. East conference in Hollywood, Florida in October will remember keynote speaker Tom Gardner of the Motley Fool predicting .tv would be the sleeper hit of 2007 (a pronouncement greeted with stunned disbelief by his audience, but one that now seems prescient to some