RIP: Irving Kahn, World’s Oldest Stockbroker

Let’s ring the journalism bell for the following Washington Post obituary lede crafted by Megan McDonough:

The secret to value investing is holding onto underpriced stocks for a long time until they reach their true value. Few people were in a position to follow through as literally as Irving Kahn, who until his death on February 24 at 109 was Wall Street’s oldest stockbroker and presumed to be the world’s oldest active investment professional.

The span of this man’s career was truly staggering, starting with a briefly held entry-level job on the floor of the New York Stock Exchange dating back to right before the 1929 crash. McDonough fills out the item with a nice round-up of previous interview quotes, including this hilarious snippet:

To generate new investment ideas, Kahn said, he read at least two newspapers daily and high-tech scientific journals. “I read no fiction, no mystery stories and no sex novels,” he said in 2010. “So, that leaves a lot of time for science.”

Not to mention a brisk morning and evening walk. Until the age of 102, when weather allowed, Kahn liked to commute from his Upper East Side home to the Kahn Brothers Group, Inc. offices on Madison Avenue by foot. RIP.

[Image via: kahnbrothers.com]

Absentroux Herbal Wine with Wormwood: A bright green botanical drink that's handmade in France

Absentroux Herbal Wine with Wormwood

At this year’s South Beach Wine & Food Festival, we stumbled upon the rather distinct absinthe herbal wine Absentroux. The dynamic drink marries the absinthe and wine experiences, with the predominant note being the rich anise taste associated with……

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Beautiful Set Design by Catherine Losing

La photographe anglaise Catherine Losing travaille en collaboration avec de talentueux set designers et stylistes culinaires. Au fil de ses séries, l’artiste nous surprend avec son style coloré et dynamique capturant de superbes mises en scène conceptuelles et compositions abstraites.

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©Catherine Losing 2012. Scrunchies. Katie Fotis.
©Catherine Losing 2012. Scrunchies. Katie Fotis.
©Catherine Losing 2012. Scrunchies. Katie Fotis.
©Catherine Losing 2012. Scrunchies. Katie Fotis.
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Bombo stool by Stefano Giovannoni is world's "most copied" design product

Bombo stool by Stefano Giovannoni

Design Indaba 2015: the Bombo stool is “the most copied design product in the world,” according to its designer Stefano Giovannoni.

“In China there are more than 1,000 companies copying the Bombo stool,” the Italian designer told the audience at the Design Indaba conference in Cape Town this afternoon. “It’s a big problem.”



Giovannoni designed the stool in 1998 for Italian brand Magis and it was an immediate success. Featuring a distinctive swivelling, bulbous, injection-moulded plastic seat mounted on an adjustable column that sits atop a chromed-steel base, the product can be found in bars and cafes around the world.

Milan-based Giovannoni revealed that Magis only asked him to design a stool because they had a supply of pistons – the gas-filled, shock-absorbing devices used in the stools’ column – that they had no use for.

Stefano Giovannoni_dezeen_sqa
Stefano Giovannoni

“It came about by a very lucky situation because the company had in storage one thousand pistons – the pistons that move up and down,” he said. “They asked me not because they had a vision of the product but just to use these pistons that they had in storage.”

Giovannoni claimed the product accounted for a signifiant proportion of the brand’s sales. “The company, Magis, was really made by the Bombo,” he said. “The turnover of Magis was for 10 years made more than 50 per cent by this product.”

The designer said that despite years of legal action, the copying of the stool continued. “The copies cost about 30 euros in China, while the original costs 365 euros,” he said. “For 10 years the sales have been growing and growing. We tried to develop many legal actions but after some time a volume the size of this theatre full of Bombo has been destroyed in countries like Australia. But there were too many companies copying and it was impossible to stop it.”

He had even spotted Bombo copies on his way to give his Design Indaba lecture, he said: “I have seen some copies on the stands outside the door!”

Giovannoni runs his own studio in Milan, but originally trained as an architect and designer at Florence University in the 1970s.

He went on to become one of the founding members of the Italian Bolidismo group of the 1980s – a cluster of designers that combined elements of American Futurism, 1930s architectural styles and comic-book graphics. He also founded the King Kong studio with fellow Italian designer Guido Venturini in the same decade.

He is best known as an industrial designer – largely due to his work for Italian design brand Alessi, including the Girotondo collection of metal household appliances designed with Venturini, the Mami tablewear range and the transparent plastic Family Follows Fiction accessories.

He also created the Il Bagno Alessi bathroom fittings range in 2002, produced by Laufen, and the Panda Alessi Fiat car, which debuted in 2003.

The Design Indaba conference runs until Friday 27 February at the Cape Town International Convention Centre.

The post Bombo stool by Stefano Giovannoni
is world’s “most copied” design product
appeared first on Dezeen.

Leo Qvarsebo designs himself a triangular summer house in the Swedish countryside

Described by the architect as being “a bit like a treehouse for adults”, this wooden house in rural Sweden boasts a triangular profile that allows the sloping facade to become a climbing wall (+ slideshow).

Summer house in Sweden by Leo Qvarsebo

Architect Leo Qvarsebo designed the summer retreat for himself and his children. Positioned between a patch of woodland and a green pasture in Dalarna, the Qvarsebo Summerhouse was designed to make the most of its picturesque setting.



Summer house in Sweden by Leo Qvarsebo

Large picture windows frame views over the landscape, while the front of the building opens out to a generous terrace featuring enough space for sun loungers and a frame for two swings.

Summer house in Sweden by Leo Qvarsebo

There is even a rope connected to the peak of the roof so that residents can climb up the slope of the facade.

Summer house in Sweden by Leo Qvarsebo

The triangular profile creates a hierarchy of spaces inside the split-level structure. At the bottom is a spacious living room and kitchen, while rooms on the upper levels become increasingly compact and intimate.

Summer house in Sweden by Leo Qvarsebo

“Exploiting the view is obvious but architecture should deal with more than that and let its inhabitants be able to interact with their environment,” explained Qvarsebo.

Summer house in Sweden by Leo Qvarsebo

“The house is a bit like a treehouse for adults,” he continued. “The climb to the top is via several levels and offers both views and privacy. From each level of the house you can see up to the next, creating a curiosity to continue to climb and once you’re up, the view is breathtaking.”

Summer house in Sweden by Leo Qvarsebo

The first of three large south-facing windows is located in front of the kitchen, creating a dining area that can open out to the terrace. A second and third can be found on the two uppermost levels, creating dormer windows that project out from the sloping facade.

Summer house in Sweden by Leo Qvarsebo

According to Qvarsebo, these bay windows accommodate the three requirements of the self-initiated brief, which he lists as “cooking outdoors and indoors, a quiet reading area and a bedroom beneath the stars”.

Summer house in Sweden by Leo Qvarsebo

Walls and ceilings throughout the interior are lined with birch plywood, which the architect sourced from a closed-down puzzle factory. This material also extends across the staircases and several pieces of built-in furniture, while doors and windows are all second-hand.

Summer house in Sweden by Leo Qvarsebo

A storage area is slotted into unused ceiling space above the ground floor, while the two children’s rooms are located up another half-flight of stairs. Qvarsebo’s bedroom is located at the top of the building, accessed via a study on the mezzanine floor below.

Summer house in Sweden by Leo Qvarsebo

The building has an entirely wooden frame and the facade is clad with pine panels.

Summer house in Sweden by Leo Qvarsebo

Photography is by Åke E:son Lindman.


Project credits:

Architect: Leo Qvarsebo
Developer: Leo Qvarsebo, Mattias Granwald, Robobygg AB
Construction: Catherine Carrick, Konkret AB
Carpenters: Leo, Elias, Robert, Hanna, Karl, Linnea, Mattias Granwald, Tobbe, Pappa

Summer house in Sweden by Leo Qvarsebo
Site plan – click for larger image
Summer house in Sweden by Leo Qvarsebo
Ground floor plan – click for larger image
Summer house in Sweden by Leo Qvarsebo
First floor plan – click for larger image
Summer house in Sweden by Leo Qvarsebo
Mezzanine floor plan – click for larger image
Summer house in Sweden by Leo Qvarsebo
Second floor plan – click for larger image
Summer house in Sweden by Leo Qvarsebo
Section one – click for larger image
Summer house in Sweden by Leo Qvarsebo
Section two – click for larger image
Summer house in Sweden by Leo Qvarsebo
Section three – click for larger image

The post Leo Qvarsebo designs himself a triangular
summer house in the Swedish countryside
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Daily News Exploring Possibility of a Sale

The Financial Times article byline shows four names, reflecting just how big a media story this is. The New York Daily News, which has recently been refashioning itself in the mode of a MailOnline, Web-driven type enterprise, has gingerly approached the auction block.

Mort Zuckerman, owner since 1993, has hired the firm of Lazard to gauge potential interest. From the FT item by Henny Sender, James Fontanella-Khan, global media editor Matthew Garrahan and Gary Silverman:

One person close to the process said talks were at a preliminary stage and a sale was not guaranteed.

A spokesman for Mr. Zuckerman declined to comment. Lazard did not return a call requesting comment.

The FT crew got hold of the memo sent to Daily News staff by Zuckerman. Click over to the article to read, but essentially, Zuckerman began by explaining that although he had not been in the market, a recent inquiry about interest in selling the paper led him to decide to more formally look into the possibility. Smart.

The paper was founded in 1919 and, per figures quoted by the reporters, is currently the seventh most read print daily in the U.S. Regardless of what Zuckerman decides, based on the Lazard info, it’s kind of fun to start thinking who might be a well-moneyed and logical buyer for the paper.

[Image via: lazard.com]

Fortune Adds Five, Promotes Five

Fortune has made five additions and promoted five staffers. New hires are first, followed by promotions.

  • Leena Rao is joining as senior writer. She comes to the magazine from Google Ventures. Prior to her time at Google Ventures, Rao was managing editor for TechCrunch.
  • Matthew Heimer has also been named a senior editor. He most recently served a senior editor at MarketWatch.
  • Kristen Bellstrom is yet another senior editor. Bellstrom comes to the magazine from Money, where she served as a senior editor.
  • Robert Hackett has been named a writer for Fortune.com. Hackett most recently worked for the TED Conferences.
  • Also joining Fortune.com is Christina Austin. She’ll serve as a producer.  Austin previously worked for Business Insider and The Huffington Post.

Promotions:

  • Adam Lashinsky has been promoted to assistant managing editor and editorial director of Brainstorm Tech.
  • Roger Parloff has been named an editor-at-large.
  •  Beth Kowitt has been promoted to senior writer.
  • Anne VanderMey has been upped to associate editor.
  • Erika Fry has been promoted to writer.
  • Chris Tkaczyk has expanded his senior editor role to include managing franchise lists for the magazine and website.

Fishbowl Five With Eric Gillin, Epicurious Executive Director

eric-gillinEric Gillin arrived at the newly relaunched Epicurious.com as director of product in September 2012. Two years later, he was promoted to executive director of Condé Nast’s online destination for passionate home cooks. In this role, his first order of business was a major redesign, unveiled earlier this month and complete with new content packages, partnerships with networks like The Weather Channel and an in-the-works collaboration with Apple on its highly anticipated Watch. “A lot of people worked super hard for the last 10 months to make [the relaunch] a reality so [it] has been just thrilling,” he said.

Gillin brings an editorial sensibility (having had editor stints at Esquire.com and Maxim, among other pubs) to product development, as well as an evident passion for the work.

Here, he talks about the new site, career lessons and his favorite place to eat in the city.

epicurious_homepageFBNY: Tell us about the site redesign. What were your goals and how did your team deliver on them?

Eric Gillin: The main goal of the redesign was to turn Epicurious from a recipe database into the kind of content destination that home cooks want to visit every single day. The way we went about doing that is by being everywhere a home cook is, which meant responsive design with mobile tablet desktop. It meant big beautiful pictures. It also meant decluttering, to put a lot more focus on the amazing recipes that we’re known for, and a lot of the new content we’re doing. We hired a whole new editorial staff. We have a staff photographer, we have a test kitchen, and we’re really working very hard every day to deliver on that value promise editorially, as well as from a product perspective.

FBNY: What are some of those new content pieces?

Gillin: One of them is called Frankenrecipe, where we cook five different recipes and take the best parts of each so we have a Frankenrecipe for, say, cinnamon buns, and we take the topping from one, and the dough from the other, and the icing from a third, and we create the world’s greatest recipe out of that.

We had a piece of launch content that was hugely successful called ‘57 Things You Can Do to Be a Better Cook Right Now,’ and it’s that kind of service-driven approach. It’s really useful. We had a wonderful story about how to use a kitchen towel as a blender. Little things that, I think, if you like to cook at home, it gets you excited to be in the kitchen, and it’s one of those types of things where you say, ‘Wow! I didn’t know that.’

On the product side, we’re playing a lot with personalization. We’re going to be doing something for the Apple Watch, which is pretty exciting. We’re an agile shop so we’re rolling out improvements all the time whether they make a press release or not. Every single day that people come back to Epicurious it’s going to get better and better. We do have huge things ahead. I probably said too much with Apple Watch, but everyone knows that’s coming out and of course we’re going to be on it.

We also have a really wonderful kind of feature on the site right now called the ‘Food Forecast.’ The Weather Channel has enabled it using an amazing API called ‘Weather Effects’ that’s really powerful, and we were able to map some types of recipes to the weather so that when it’s cloudy out you get some snacks and pick-me-ups, and when it’s super cold out we have some nice warming chili and slow-cooked recipes for you.

FBNY: In your career, you’ve worked in both editorial and product management. What are some lessons you’ve learned that you’re applying to your current position?

Gillin: Sometimes as a product person you may want to get something done and kind of ignore the small details, but the editorial mindset maintains that high quality and really getting the little things right [matter]. So, I’ve always felt really good that I kind of understand what editors need, whether that’s a second line on a headline, or that the entire deck needs to be shown and you just can’t truncate it because it doesn’t quite fit the design. I really do apply an editorial mindset to product development so we can tell the kinds of stories we want to tell in the way we want to tell them, without those weird tradeoffs that might render something unreadable or unclear or just plain not fun. I do think I’ve been able to give that attention to detail to the product world.

FBNY: What’s your favorite thing to cook?

Gillin: My favorite thing to cook is this roast chicken dish. It’s a little complex and my wife has to leave the kitchen when I cook it, but it’s amazing. Basically you take a four-pound broiler chicken, fryer chicken. I like Kosher chicken for superstitious reasons, but organic is great too, and you debone it. And this is why my wife has to leave the room. You debone the whole thing, except for the wing joint, and what you’re left with is a really lovely breast and a really lovely deboned thigh and leg that is wrapped in skin. You can take a cast iron skillet and you can cook it on both sides for five minutes and then put it in a 450-degree oven and what you’re left with after 20 minutes is a super juicy chicken that you can cut straight into. It cooks really fast. [When I make it] everyone’s kind of blown away. They start to cut into it thinking that it’s got bones in it, and once they realize it has no bones… they’re just digging in like crazy. It’s really delicious.

FBNY: What’s your favorite New York City restaurant?

Gillin: My favorite one is Bianca, a local’s joint. It’s on Bleecker and Bowery. A small grandma Italian place. It’s where my wife took me on our second or third date, and it’s her place. That’s why I love it so much. The menu has not changed in about eight years, 10 years. The prices are super cheap. I mean we’re talking, you can get yourself a great piece of salmon with garlicky spinach, and roast potatoes for $12 maybe, and George, who’s at the door, is the sweetest man ever. They’ll let you wait for a table next door and let you get a glass of wine at Von. It’s the kind of place that likes no muss, no fuss. It’s unheralded. It doesn’t show up on lists, but — I just gave you my secret so hopefully it won’t get too crowded.

This interview has been edited for length and clarity.

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Hella Jongerius at Design Indaba 2015: The iconic designer expresses how she keeps a holistic human touch in the mechanical world of industrial design

Hella Jongerius at Design Indaba 2015

Dutch industrial designer Hella Jongerius has been a design force to be reckoned with for decades, known for both her own products and the work she’s done for companies such as Maharam, IKEA, Vitra and more. One of her latest projects was creating……

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Link About It: Carbonating Booze With a SodaStream

Carbonating Booze With a SodaStream


As Supercompressor recently discovered, a SodaStream is not only good for making fancy soft drinks, it can create some seriously refreshing spirits. Testing out whiskey, rum, gin, vodka, tequila and white wine in the seltzer-making machine provided……

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