Friday, December 18th, 2009
Gladwell, Spurs, Capitalization Rate
Malcolm Gladwell, talking with Bill Simmons: What we’re talking about is what are called capitalization rates, which refers to how efficiently any group makes use of its talent. So, for example, sub-Saharan Africa is radically undercapitalized when it comes to, say, physics: There are a large number of people who live there who have the [...]