robot_dave: August 2011 Archives
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Apple - Press Info - Letter from Steve Jobs
Letter from Steve Jobs To the Apple Board of Directors and the Apple Community: I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come. I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee. As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple. I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role. I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.
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Lifestyle & Entertainment News | Books, Music, Movies, Fashion News from Hong Kong | SCMP.com
Some people find the idea of working with yeast a bit intimidating. Do you have any advice for the home baker? Bread is so basic and so complex. It only has four basic ingredients - water, flour, yeast and sugar - but if you have a good understanding, you know that every action has a reaction. Too much yeast or over-proofing and you get a dry loaf. Good bread always takes patience. In the European style, a little yeast and a long fermentation produce the best bread.
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I just bought some shares in an index fund that tracks the Wilshire 5000, which means I just bought shares in the 5000 largest American companies. I did this because I wished to take substantive action immediately upon learning of Standard & Poor’s downgrade of US credit. Standard & Poor’s, and to a lesser degree, Fitch and Moody’s bear much responsibility for the global recession from which we are trying to extricate ourselves. They maintained AAA ratings for companies run by abject criminals who knowingly, consciously, and systematically lied to US citizens and citizens of the world at large. Thus, they are culpable in the collapse of many banks (my own included) and their actions, among other things, drove thousands of families from their homes. As such, their opinion is worthless to me and it should be worthless to you.
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