Article on Vertu in the Magazine section in the Sunday New York Times. Essentially Vertu is a Nokia project to make cell phones that eventually become like fancy watches. The cheapest Vertu phone costs $4,000 and they go to $20K and was designed by Frank Nuovo. Interestingly enough, nowhere on the Vertu page does the Nokia relationship appear. They even have a store in Beverly Hills. I really wonder whether this will become a true luxury item, but maybe when the first luxury pens, lighters or watches came out people thought the same.
The Devil's Excrement
Observations focused on the problems of an underdeveloped country, Venezuela, with some serendipity about the world (orchids, techs, science, investments, politics) at large. A famous Venezuelan, Juan Pablo Perez Alfonzo, referred to oil as the devil's excrement. For countries, easy wealth appears indeed to be the sure path to failure. Venezuela might be a clear example of that.
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The Devil's Excrement 
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