At a Glance 

FROM: NOV-DEC 2008 ISSUE

“Among employees aged 25 to 54, over 2.3 million (26%) worked overtime in any typical week in 2007, up from 21% 10 years earlier.”
Statistics Canada

Billionaire City

Moscow is home to 74 billionaires, the most of any city in the world. Its three wealthiest citizens each possess fortunes in excess of $25 billion. And according to Forbes.com, Russia’s super-wealthy are just getting started: 13 of the country’s billionaires are under the age of 40. Forbes.com says the third most expensive city in the world, London, is an ancient stalwart when it comes to pricey cities. Though it slipped a notch from last year’s second spot, it remains extremely expensive.

[ TOP ]

Revised Classic

Given the recent turmoil of the markets, it may be time to reach for a copy of the recently published 6^th edition of Security Analysis, which was first published nearly 75 years ago and forever changed the theory and practice of successful investing. Written in the midst of the Depression and in the wake of the 1929 stock market crash, the book convinced Americans that stocks were still worth buying and became a bible for generations of investors, the most famous being Warren Buffett. Buffett has written a new foreword to the revised edition detailing what the book has meant to him: “I studied this book while I was at Columbia, when I had the extraordinary good luck to have authors Ben Graham and Dave Dodd as teachers. Together, the book and the men changed my life.”

[ TOP ]

Beanbills Payables Automation

A B.C.-based company is offering a new online service that automates company payables. Bean Services offers “smart solutions on how to digitize and streamline payables processes.” The web-based service – Beanbills – features a low setup cost and provides access to records across multiple offices. It is built to integrate with most ERP systems and is designed for companies dealing with high volumes of invoices. The company received a New Ventures BC Award last year. Learn more at www.beanservices.com.

[ TOP ]