"We already have a difficult starting point in the fact that it's one of the most expensive places in the world to hire people."

"It's one of the most expensive places in the world for rent. We have a small local market. We don't have very much support for the industry as a whole, or even the technology departments in universities."

Australian Silicon Valley an unlikely dream: experts – Business – ABC News (Australian Broadcasting Corporation)
In the land of internet start ups the biggest stage in the world is California’s Silicon Valley, and 20000 Australians are performing on it. Reluctantly, according to the new Assistant Minister for Innovation Wyatt Roy when he appeared on Lateline this week. “I know they want to come back here …

React Native brings what developers are used to from React on the web — declarative self-contained UI components and fast development cycles — to the mobile platform, while retaining the speed, fidelity, and feel of native applications.

Code more: http://facebook.github.io/react-native/

React Native for Android: How we built the first cross-platform React Native app
We were able to ship Facebook’s first fully React Native app on two platforms, with native look and feel, built by the same team.

Art history students at Harvard University almost always have a boring first day. Their task is to go to the local museum, choose a favourite piece of art, then sit down and look at it – for three full hours.

The purpose isn’t to encourage concentration, instead, wants students to feel the restlessness build, accept it, and push on-wards – whereupon they see things in the art that their passing glances missed.

In investing, as in the art world, patience is rewarded.

Warren Buffett likes to say, investing is a no-called-strike game. There’s no penalty for sitting on the sidelines other than opportunity cost, so it’s better to patiently wait for the 'fat pitch' with a wide margin of safety.

For those who shun a 'buy and hold' philosophy, brokerage fees can quickly bite into their returns.

To paraphrase Jesse Livermore, it's not the buying or selling that matters – the big money is made in the waiting.

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Why patience pays off
What does baseball, art history and investing have in common? Only the patient win.

Following Kevin Rudd’s axing as PM in 2010 Tony Abbott said “A prime minister elected by the people has been executed by the union and the factional warlords … Prime ministers should not be treated this way.”

Julia Gillard replaced Rudd as PM in 2010. On her knifing in 2013, Tony Abbott said: “Yet again, the powerbrokers of the Labor Party have changed the prime ministership of our country. I want to say directly to the people of Australia: you deserve better than this.”

Tony Abbott will be remembered as an extremely conservative Prime Minister in modem age, an energetic lead, an ass kicker, a boxer, a mad monk …