Sandra Navidi - SuperHubs - How the Financial Elite and Their Networks Rule our World

31. Michelle Celarier & Lawrence Delevingne, “Ray Dalio’s Culture of Radical Truth,” Institutional Investor, March 2, 2011, http://www.institutionalinvestor.com/Article/2775995/Ray-Dalios-radical-truth.xhtml.

32. Kevin Roose, “Pursuing Self-Interest in Harmony with the Laws of the Universe and Contributing to Evolution Is Universally Rewarded,” New York , April 10, 2011, http://nymag.com/news/business/wallstreet/ray-dalio-2011-4.

33. Bess Levin, “Bridgewater Associates: Be the Hyena. Attack the Wildebeest,” Deal-breaker, May 10, 2010, http://dealbreaker.com/2010/05/bridgewater-associates-be-the-hyena-attack-the-wildebeest.

34. Lucy Kellaway, “Why Financiers Are Leaders in Drivel,” Financial Times, August 2, 2010.

35. Lucy Kellaway, “Principles for Living We Could Do Without,” Financial Times, May 23, 2010, http://www.ft.com/intl/cms/s/0/be8ce2ce-650d-11df-b648-00144feab49a.xhtml.

36. Rob Copeland, “Schism Atop Bridgewater, the World’s Largest Hedge Fund,” Wall Street Journal, February 5, 2016, http://www.wsj.com/articles/schism-at-the-top-of-worlds-largest-hedge-fund-1454695374.

37. Ibid.

38. Mary Childs, “Bridgewater Succession Plan in Flux as Heir Greg Jensen Steps Back,” Financial Times, February 7, 2016, http://www.ft.com/intl/cms/s/12ef2de6-cc72-11e5-be0b-b7ece4e953a0.

39. See Rob Copeland, note #36.

CHAPTER 5

1. Easley and Kleinberg, Networks, Crowds, and Markets, Kindle locations 1941-46.

2. Nicholas A. Christakis and James H. Fowler, Connected: The Surprising Power of Our Social Networks and How They Shape Our Lives (New York: Little, Brown and Company, 2009), 17, Kindle edition.

3. Koch and Lockwood, Superconnect, 184.

4. Berger, Kick, Koetter, and Schaeck, “Does It Pay to Have Friends?” 2087-2105.

5. Kristen Lamoreaux, “Hiring Managers: Personal Networks Hold Hiring Power for CIOs,” CIO.com, January 27, 2010, http://www.cio.com/article/526363/Hiring_Managers_Personal_Networks_Hold_Hiring_Power_for_CIOs.

6. Miller McPherson, Lynn Smith-Lovin, and James M. Cook, “Birds of a Feather: Homophily in Social Networks,” Annual Review of Sociology 27 (August 2001): 415-44, https://www.researchgate.net/publication/200110353_Birds_of_a_Feather_Homophily_in_Social_Networks.

7. Charles Kadushin, Understanding Social Networks: Theories, Concepts, and Findings (New York: Oxford University Press, 2011), Kindle locations 870-81, Kindle edition.

8. Niall Ferguson, The Ascent of Money: A Financial History of the World (New York: Penguin, 2008), Kindle locations 1098-1103, Kindle edition.

9. Andy Serwer and Melanie Shanley, “Wall Street’s Hottest Hand Blackstone CEO Steve Schwarzman Has Built a Powerhouse Unlike Any Other,” Fortune, June 9, 2003, http://archive.fortune.com/magazines/fortune/fortune_archive/2003/06/09/343947/index.htm.

10. Tyler Cowen, “The Marriages of Power Couples Reinforce Income Inequality,” New York Times, December 24, 2015, http://www.nytimes.com/2015/12/27/upshot/marriages-of-power-couples-reinforce-income-inequality.xhtml.

11. Jordan Weissmann, “Ben Bernanke to Princeton Grads: The World Isn’t Fair (and You All Got Lucky),” The Atlantic, June 3, 2013, http://www.theatlantic.com/business/archive/2013/06/ben-bernanke-to-princeton-grads-the-world-isnt-fair-and-you-all-got-lucky/276471.

12. Sara Neville, “Top Firms’ ‘Poshness Test’ Imposes Class Ceiling,” Financial Times, June 15, 2015; Heather McGregor, “’Poshness Tests’ Are About What You Know,” Financial Times, June 19, 2015, http://www.ft.com/intl/cms/s/0/d647785e-1677-11e5-b07f-00144feabdc0.xhtml; Lauren A. Rivera, “Guess Who Doesn’t Fit In at Work,” New York Times, May 30, 2015, http://www.nytimes.com/2015/05/31/opinion/sunday/guess-who-doesnt-fit-in-at-work.xhtml.

13. Vicky Ward, “Lehman’s Desperate Housewives,” Vanity Fair, April 2010, http://www.vanityfair.com/news/2010/04/lehman-wives-201004.

14. Jonathan Wai, “Investigating America’s Elite: Cognitive Ability, Education, and Sex Differences,” Intelligence 41 (2013): 203-211, http://www.sciencedirect.com/science/article/pii/S0160289613000263.

15. Jonathan Rodkin, “Best Business Schools 2014: By the Numbers,” Businessweek, November 11, 2014, http://www.bloomberg.com/bw/articles/2014-11-11/best-business-schools-2014-by-the-numbers.

16. Laura Newland, “How Elite Colleges Still Feed Wall St.’s Recruiting Machine,” New York Times, April 30, 2012, http://dealbook.nytimes.com/2012/04/30/how-elite-colleges-still-feed-wall-streets-recruiting-machine/.

17. Matt Taibbi, Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America (New York: Random House, 2010), 208.

18. Sherwin Rosen, “The Economics of Superstars,” The American Economic Review (71)5 (December 1981): 845-58.

19. Xavier Gabaix and Augustin Landier, “Why Has CEO Pay Increased So Much?” The National Bureau of Economic Research, Working Paper 12365, July 2006, http://www.nber.org/papers/w12365.

20. Ulrike Malmendier and Geoffrey Tate, “Superstar CEOs,” National Bureau of Economic Research, Working Paper 14140, June 2008, http://www.nber.org/papers/w14140.

21. Arch Patton, “What Is Executive Experience Worth? Rising Trainee Salaries Create Imbalance,” Business Horizons, 11(5) (October 1968): 31-40.

22. Duff McDonald, “The Godfather of CEO Megapay: McKinsey Consultant Arch Pat-ton Didn’t Invent Wealth Inequality,” Observer, August 13, 2013, http://observer.com/2013/08/the-godfather-of-ceo-megapay-mckinsey-consultant-arch-patton-didnt-invent-wealth-inequality.

23. David Mitchell, “Top Bankers Have One Special Skill: Convincing Us They Merit Millions,” The Guardian, July 27, 2013, http://www.theguardian.com/commentisfree/2013/jul/28/bankers-special-skill-millions-david-mitchell.

24. Miles Johnson, “Top Hedge Fund Managers Made $21.5bn Last Year, Up 50% from 2012,” Financial Times, May 6, 2014, http://www.ft.com/intl/cms/s/0/7b350ef8-d51a-11e3-9187-00144feabdc0.xhtml; Alexandra Stevenson, “For Top 25 Hedge Fund Managers, a Difficult 2014 Still Paid Well,” New York Times, May 5, 2015, http://www.nytimes.com/2015/05/05/business/dealbook/top-25-hedge-fund-managers-took-bad-14-all-the-way-to-the-bank.xhtml; Stephen Taub, “The 2016 Rich List of the World’s Top-Earning Hedge Fund Managers,” Institutional Investor’s Alpha, http://www.institutionalinvestorsalpha.com/Article/3552805/The-2016-Rich-List-of-the-Worlds-Top-Earning-Hedge-Fund-Managers.xhtml.

25. Rupert Neate, “Top 25 Hedge Fund Managers Earned $13bn in 2015—More Than Some Nations,” The Guardian, May 10, 2016, https://www.theguardian.com/business/2016/may/10/hedge-fund-managers-salaries-billions-kenneth-griffin-james-simon.

26. Tracy Alloway and Tom Braithwaite, “M Stanley Chief Warns on Wall St Pay,” Financial Times, October 4, 2012, https://next.ft.com/content/96e3261c-0654-11e2-bd29-00144feabdc0.

CHAPTER 6

1. World Economic Forum, “History,” http://www.weforum.org/history.

2. Neil Parmar, “Klaus Schwab: Inside the World Economic Forum,” Wall Street Jour nal, September 4, 2014, http://www.wsj.com/articles/klaus-schwab-inside-the-world-economic-forum-1409843416.

3. Derek Thompson, “How Your Face Shapes Your Economic Chances,” The Atlantic, August 1, 2014, http://www.theatlantic.com/business/archive/2014/08/the-economics-of-your-face/375450.

4. Gillian Tett, “Klaus Schwab Opens Door for His Davos Successor,” Financial Times, May 19, 2015, https://next.ft.com/content/0fcb6966-fdfd-11e4-9f10-00144feabdc0.