Texas Hill Country Olive Company
The food and beverage sector is one in which appeals to Coventry League and we like to share helpful information about healthy dietary choices.
In this instance, below is a basic infographic provided by the Cleveland Clinic concerning oils for cooking and adding flavor to dishes.
Important points for further independent research regarding oils might include smoke point
, nutrients, and proportion of fatty acids
. Regarding the latter, one could note the distinction among saturated, polyunsaturated, and monounsaturated
fats. There are several detailed resources to reference, but one may find a brief overview in the book titled Natural Health, Natural Medicine
by Dr. Andrew Weil available at IndieBound.org
According to the book, the saturation terms refer to the chemistry of fatty acids – basically, whether all available carbon bonds in the molecular chain are occupied, or saturated, with hydrogen atoms.
Determining whether a fat is mostly saturated is simple. For example, coconut oil is mostly comprised of saturated fat. One indication of saturation is a harder texture and opaque appearance when cool (coconut oil actually hardens at room temperatures below 74 degrees Fahrenheit). In contrast, oils that comprise mostly monounsaturated fats such as extra virgin olive oil remain mostly transparent when chilled even in a refrigerator (olive oil becomes a bit thicker and cloudier, but noticeably different from coconut oil or, say, bacon fat when chilled).
The smoke point of oils
is important because that’s the temperature in which the oil breaks down into carcinogenic compounds
; also, when oils are heated, the points of unsaturation become unstable and vulnerable to attack by oxygen and can damage DNA and components of cells. Therefore, it is important to understand the types of oils one uses for cooking, particularly at high temperatures such as searing in a skillet. As the infographic depicts, canola oil is good for high temperature cooking. There are other oils - such as avocado oil
- that meet the criteria of high smoke point and high composition of monounsaturated fats, but are not widely available and can be relatively expensive.
Rush Hour in Copenhagen, Denmark
Coventry League embraces bicycling as a healthy, sustainable form of transportation, so reading about bicycles’ outselling new cars in practically every European country is encouraging. Small Business Labs wrote a blog today referencing the article at NPR titled In Almost Every European Country, Bikes Are Outselling New Cars.
Small Business Labs also provide some additional statistics
and perspectives. For example, it mentioned that even in the U.S. bicycle outsold cars (18 million versus 14.3 million, respectively). Also, last October Coventry League highlighted the Top 20 Bicycle Friendly Cities globally (Portland was ranked #1 in the U.S. and Amsterdam in the Netherlands was the overall #1 city).
Below is a map with an estimate of regional growth rates in the U.S. You may find a hover-and-click image by referencing the article titled Americas Next Decade
at the Forbes' website.
Who doesn’t what to strive to be a bit more sustainable nowadays? Some of the most respectable companies that have growth and profitability as goals also factor in externalities
(costs on society) and the quality of life (note, this is not synonymous with ‘standard of living’) for employees and stakeholders to achieve said growth and profits. Patagonia
(an interview with the founder, Yvon Chouinard
) and WL Gore (maker of Gore-Tex
fabric) are just two companies that are role models for others.
On a more personal level, citizens can put in place legislators who will put forth progressive policies to help achieve better outcomes for their respective communities. I particularly like to reference the policies
instituted in Copenhagen
, Denmark regarding bicycling (virtually eliminated vehicle street parking; imposed meaningful taxes on purchase and ownership of cars; relatively expensive gasoline; bike tracks separated by physical barriers – not simply painted lines and sharrows; etc.). Also, individuals may choose to be the change they want to see; for examples, bike to work or to do local errands, plant a garden, eat more foods that require less resources to generate, and – well, as the infographic
below illustrates – learn how to compost.
In the days of yore, a team member worked in corporate finance at a company that recycled scrap metal
from vehicles, appliances, and whatnot. The end products created, such as rebar and structural steel beams, are found in many buildings and infrastructure products. As such, the metal recycling process is a good example of using technology to improve on resource efficiencies.
Another example of technology enabling better use of resources relates to the recycling of glass. For a quick summary and several visuals, please reference the article at Planet Money
titled “How a Used Bottle Becomes a New Bottle, In 6 Gifs.
” The article also references a few links, including this video: “Secrets From the Recycling Plant.
Source: Cleveland Scene Magazine
Baseball is a game of skills and probabilities. Baseball is also “six minutes of action crammed into two-and-one-half hours,” as Boston Globe’s Ray Fitzgerald describes it.
So, if you like geeky analysis, economics, or baseball, then you might like the article titled Baseball’s Fiscal Cliff
by Pete Kotz of Cleveland Scene Magazine.*....................................* The story was reprinted with permission of Voice Media Group in this week's issue.
Star Trek (Next Gen): Jean-Luc Picard
A growing number of folks are becoming aware that the performance of most mutual fund managers over an extended period does not exceed that of benchmark indexes such as the S&P 500. More specifically, 99.6% of all mutual fund managers failed to beat (i.e., only 71 funds out of 17,785 matched or beat) the performance of the S&P, net of fees, over a ten year period according to data compiled from the Mutual Fund Screener of The Wall Street Journal. Please reference the entire article titled “Wall Street Is a Rentier Rip-Off: Index Funds Beat 99.6% of Managers Over Ten Years
” at the blog Of Two Minds
Talented investors are often not managing formal, traditional funds but rather managing one’s own accounts or a small number of accounts (e.g., friends and family). These individuals are more likely to fit the mold of idiosyncratic entrepreneurs or founders of technology start-ups.
Nevertheless, one of several takeaways is “don’t judge a book by its cover.” In other words, just because a money manager is nicely dressed, displays stereotypical good credentials, and has friends in high places (partly enables said manager to either procure capital or secure the fund management role), shouldn’t imply an above average talent for investing. One can present a similar case against most (not all, of course) hedge fund and venture capital fund managers, as highlighted in two Zero Hedge
articles titled “Most Hedge Funds Underperforming The S&P 500 For Fifth Year In A Row - Full YTD Performance
” and “Venture C(r)apital: Myth And Reality
According to Thomson Reuters and the DealBook
, edited by Andrew Ross Sorkin of the New York Times, the pace of worldwide M&A during the first quarter of 2013 was relatively slow. The summary, highlighted below, reflects announced transactions and ranks them by value. Goldman Sachs is on top of Thomson’s League Tables in both number and value of announced deals in the quarter.
For those who want a free, interactive graphic regarding investment banking activity, then reference the Investment Banking Scorecard
compiled by Dealogic and the Wall Street Journal.
And, lastly, for a comical perspective on League Tables, spend a few minutes to read The iBanker’s blog titled “Lies, Damned Lies and League Tables.
” The art of presentation, however, is nothing new to bankers and the most discerning clients.
Yankees, Retired #8
As Yogi Berra
once quipped, "a nickel ain't worth a dime anymore." Below is a chart from the Wall Street Journal and Bloomberg News depicting the purchasing power of a dollar using a Starbucks Latte. It's probably easier to find the source link from a related post by ZeroHedge titled The Starbucks Index - Coffee Price Parity
(27 Feb 2013).