What We’re Reading

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A few good articles we came across this week …

Achievements

It’s all relative:

Nearly half of students who graduated from Lehigh University, Princeton University and the University of Southern California this year did so with cum laude, magna cum laude or summa cum laude honors, or their equivalents. At Harvard and Johns Hopkins, more got the designations than didn’t.

Anyone with a grade-point average of at least 3.4 is granted Latin honors at Middlebury College; the number of students graduating with honors has been rising in recent years, the school says, and was north of 50% this spring.

Critics

Netflix CEO shows how to respond to critics with class:

At Netflix we mostly focus on building our business and letting the numbers do the talking. But Whitney is such a big-hearted donor to causes that I care about that I am writing this open letter for him to try to get him to cover his short now. My desire is to increase his odds of making money next year so he can donate even more to the charter public schools that we both think are important to our country’s future. For the record, I think short sellers are a positive force in capitalism, and I acknowledge that CEOs are generally biased in their bullishness on their respective firms.

Breakthroughs

Never know where you’ll find them:

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Incentives

This is cool:

Bumped wants to reinvent the loyalty space by giving consumers shares of the companies they patronize. Through **Bumped’s **app, consumers choose their preferred retailer in different categories (think Lowe’s versus The Home Depot in home improvement), and when they spend money at that store using a linked credit card, Bumped will automatically give them ownership in that company.

Travel

Alive and well:


Happiness

Simple but good addition to the old pyramid:

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Have a good weekend.

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