Glide Foundation
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Glide Foundation
The Glide Foundation is a charity organization that helps the homeless, based in San Francisco, California, associated with devout Methodist Lizzie Glide and the Glide Church. History Glide and the foundation bought the Hotel Californian two blocks from the church in 1935 and it was operated as a temperance hotel for decades. She also funded a home for young working Christian women and a dorm for young Christian women at U.C. Berkeley. Recent activities The foundation has worked with investor Warren Buffett who has donated the proceeds from his eBay "Power Lunch with Warren Buffett" auctions to Glide. As of 2017, he had raised nearly $24 million for the Foundation. The winning bid in 2006 was $620,100, won by Duan Yongping, a California investor. In 2008, Mohnish Pabrai and Guy Spier won the auction for $650,100. The 2009 auction was won with a bid of $1.68 million by an anonymous bidder In 2011 an anonymous bidder paid $2,626,411 for a lunch with Buffet. The June 9, 2012 a ...
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Charitable Organization
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, Religion, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The Charity regulators, regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. (However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership). Financial figures (e.g. tax refund, revenue from fundraising, revenue from sale of goods and services or revenue from investment) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This ...
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EBay
eBay Inc. ( ) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became a notable success story of the dot-com bubble. eBay is a multibillion-dollar business with operations in about 32 countries, as of 2019. The company manages the eBay website, an online auction and shopping website in which people and businesses buy and sell a wide variety of goods and services worldwide. The website is free to use for buyers, but sellers are charged fees for listing items after a limited number of free listings, and an additional or separate fee when those items are sold. In addition to eBay's original auction-style sales, the website has evolved and expanded to include: instant "Buy It Now" shopping; shopping by Universal Product Code, ISBN, or other kind of SKU number (via Half.com, which was shut down in 2017); and othe ...
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Justin Sun
Justin Sun (Chinese: 孙宇晨; pinyin: Sūn Yǔchén; born July 30, 1990) is a Chinese cryptocurrency entrepreneur, and business executive. He is the founder of Tron (founded July 2017), a blockchain DAO ecosystem. Sun is the Permanent Representative of Grenada to the WTO. Education Sun was born in 1990. He holds a B.A. in History from Peking University and an M.A. in East Asia Studies from the University of Pennsylvania. Career Sun studied at Hupan University and became the cover figure of Yazhou Zhoukan in 2011 and Davos Global Youth Leaders in 2014. In 2015 he was named CNTV's most noteworthy new entrepreneur, and was named in ''Forbes'' China 30 Under 30 from 2015 through 2017. In September 2017 his company Tron held an initial coin offering (ICO) for the TRN token, a few days before the Chinese government banned ICOs. According to ''The Verge'', Sun was aware of the impending ban, and pushed for the sale to occur before the ban could be announced. Shortly afterward ...
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Bloomberg
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** ''Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel ***Bloomberg TV Canada ***Bloomberg TV Philippines ***Bloomberg TV Malaysia ** Bloomberg Terminal, desktop terminal and software widely used in the financial industry ** Bloomberg Data, API product using sftp or web service protocols to retrieve market data ** Bloomberg Government, online news service co ...
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TIME
Time is the continued sequence of existence and events that occurs in an apparently irreversible succession from the past, through the present, into the future. It is a component quantity of various measurements used to sequence events, to compare the duration of events or the intervals between them, and to quantify rates of change of quantities in material reality or in the conscious experience. Time is often referred to as a fourth dimension, along with three spatial dimensions. Time has long been an important subject of study in religion, philosophy, and science, but defining it in a manner applicable to all fields without circularity has consistently eluded scholars. Nevertheless, diverse fields such as business, industry, sports, the sciences, and the performing arts all incorporate some notion of time into their respective measuring systems. 108 pages. Time in physics is operationally defined as "what a clock reads". The physical nature of time is addre ...
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Guy Spier
Guy Spier (born February 4, 1966) is a Zurich-based investor. He is the author of ''The Education of a Value Investor''. Spier is the manager of the Aquamarine Fund with $350 million in assets. He is well known for bidding US$650,100 with Mohnish Pabrai for a charity lunch with Warren Buffett in 2008. In 2009, he was featured in ''The Checklist Manifesto'', by Atul Gawande regarding his use of checklists as part of his investment process. His the brother of Tanya de Jager. Education and early life Spier was born in 1966 in Pietermaritzburg, South Africa. When he was three months old, his family moved to Tel Aviv, Israel, where he attended kindergarten. In 1970, his family moved to Iran, where he attended the British Embassy School in Tehran. In 1977, his family moved again to Richmond in the UK, and he attended the City of London Freemen's School, in Ashtead, Surrey, as a weekly boarder. In 1984, he matriculated to study Law at Brasenose College, Oxford, where he was tut ...
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Mohnish Pabrai
Mohnish Pabrai is an Indian-American businessman, investor, and philanthropist. He was born in Bombay (Mumbai), India, on June 12, 1964. Career Pabrai worked with Tellabs between 1986–91, first in its high speed data networking group, and then in 1989, joined its international subsidiary, working in international marketing and sales. In 1991 he started his IT consulting and systems integration company, TransTech, Inc. with about US$30,000 from his own 401(k) account and US$70,000 from credit card debt. He sold the company in 2000 to Kurt Salmon Associates for US$20 million. Today he is the managing partner of the Pabrai Investment Funds (a family of hedge funds inspired by Buffett Partnerships), which he founded in 1999. Books Pabrai has high regard for Warren Buffett and admits that his investment style is copied from Buffett and others. He has written a book on his investing style: ''The Dhandho Investor: The Low - Risk Value Method to High Returns''. In June 2007 he ma ...
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Duan Yongping
Duan Yongping (; born 1961) is a Chinese billionaire entrepreneur and electrical engineer. He is the founder of both the Subor Electronics Industry Corporation (also the former CEO), and BBK Electronics Group (also the current Chairman). Duan's net worth was estimated at $1.5 billion, according to the 2018 Hurun China Rich List. Early life and education Born on 10 March 1961 in Nanchang, Jiangxi, China, Duan entered Zhejiang University in 1978, majoring in wireless electronics engineering. After graduation, he became a teacher at the adult education center of the Beijing Radio Tube Factory (now BOE Technology). Later, he studied at Renmin University, where he majored in econometrics. He also studied in CEIBS as an EMBA student for two years. Career In 1989, he joined a company in Zhongshan and became the CEO later. Within less than 6 years, he created a business empire with the brand Subor (''Xiao Ba Wang'', ). In 1995, he left Subor and founded BBK Electronics. Duan was one of ...
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Warren Buffett
Warren Edward Buffett ( ; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $100 billion as of November 2022, making him the world's sixth-wealthiest person. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring to and graduating from the University of Nebraska at 19. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham. He attended New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham. He created Buffett Partnership, Ltd in 1956 and his firm eventually acqui ...
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San Francisco
San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of California cities by population, fourth most populous in California and List of United States cities by population, 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the County statistics of the United States, fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and '' ...
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Temperance Movement
The temperance movement is a social movement promoting temperance or complete abstinence from consumption of alcoholic beverages. Participants in the movement typically criticize alcohol intoxication or promote teetotalism, and its leaders emphasize alcohol's negative effects on people's health, personalities and family lives. Typically the movement promotes alcohol education and it also demands the passage of new laws against the sale of alcohol, either regulations on the availability of alcohol, or the complete prohibition of it. During the 19th and early 20th centuries, the temperance movement became prominent in many countries, particularly in English-speaking, Scandinavian, and majority Protestant ones, and it eventually led to national prohibitions in Canada (1918 to 1920), Norway (spirits only from 1919 to 1926), Finland (1919 to 1932), and the United States (1920 to 1933), as well as provincial prohibition in India (1948 to present). A number of temperance organiza ...
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Hotel Californian (San Francisco, California)
The Spero Hotel, originally the Hotel Californian and later the Serrano Hotel, is a historic hotel building at 403 Taylor Street in the Tenderloin neighborhood of San Francisco, California. It was designed by architect Edward E. Young and built in 1923. A four story addition designed by Alfred Henry Jacobs was completed in 1929. The 12-story hotel is at 405 Taylor Street. It underwent a $16 million renovation and became the Spero Hotel in 2018. It is listed on the listed on the National Register of Historic Places in San Francisco, California since 1998; With and it is a contributing property to the National Register of Historic Places's Uptown Tenderloin Historic District since 2009. History The building was initially an upscale apartment hotel and was owned by former builder M. A. Little who operated it as a hostelry. In 1935 the building was purchased by Lizzie Glide. Her husband was a stockman and after his death oil was discovered from his property allowing her to fund t ...
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