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" ... Independent board members can offer priceless advice and add tremendous value to companies. However, they can also impact ultimate control of the board. Adding an independent board member may seem benign, but with two common seats, two investor seats and an independent one, founders risk losing control of their boards. There is a good chance that an independent board member will vote with investor board members. If founders are going to add independent board members, they should make sure to add an equal number of common seats as well in order to maintain control. It is also not a bad idea to choose an independent board member who is aligned with the founders’ vision. ... "
" ... MIT’s study suggested that context is everything. Breathing at rest is relatively benign, compared to coughing which is an explosion. Sneezes are like viral canons. One’s immediate surroundings, a person’s own physiology and predispositions, and PPE equipment also are critical to determining if 6’ actually is a safe distance to reduce the risk of airborne transmission. ... "
" ... The S&P 500 Index is so familiar that we assume we understand it. We think of it as a simple metric, neutral and benign. Like any Index (so we assume) it tracks the changes in the values of a selection of assets, trading freely in the market. It measures, but does not create or distort, those values. ... "
" ... The State Farm ad was a benign example of an important and dangerous new phenomenon in AI: deepfakes. Deepfake technology enables anyone with a computer and an Internet connection to create realistic-looking photos and videos of people saying and doing things that they did not actually say or do. ... "
" ... Ultimately, it is inflation that will determine how far the Fed goes. The current theme on Wall Street is that inflation has remained benign, and, therefore, the Fed can and will pause in its rate hiking regime (the reason markets are only priced for two or three more hikes). Earlier this month, Morgan Stanley pointed out that, in the upcoming October report on November 2, a 0.1% gain in wages will put that lagging indicator at the magic 3.0% YoY gain. As long as that indicator has a “3” handle, the Fed will have little choice but to continue to hike. ... "