Business Jet Traveler » June 2014

May 16, 2014
Donor-advised funds offer a relatively simple and tax-friendly way to make large contributions. (Illustration: John Lewis)
The best way to give money to charity isn’t always to simply write a check. Depending on your circumstances, better options might include complex trusts and foundations. And keep in mind that your best bet might be to use multiple methods in concert.
May 15, 2014
Cessna Sovereign+
The emperor has new clothes. Cessna’s latest incarnation of its midsize Sovereign fits advanced technology and improved interior design into a fuselage tube cross section introduced by the Citation III back in 1979.
May 15, 2014
"We have so much unhappiness in the world," says David Copperfield, "and people need to dream and be transported. Music does that, movies do that, and magic does that." (Photo: Courtesy of David Copperfield)
Magician David Copperfield is the highest-grossing solo entertainer in history, with upwards of $4 billion in ticket sales. In collaboration with Francis Ford Coppola, he performed Dreams & Nightmares in 1996, which still retains the Broadway record for most tickets sold in a week. He has won 21 Emmy Awards and holds 11 Guinness World Records. His chiseled face adorns postage stamps in six countries.
May 14, 2014
On the flight line at ABACE in Shanghai, where this year we once again published the  BJT Buyers’ Guide in Chinese. (Photo: Mona L. Brown)
David Copperfield has spent his life mastering unbelievable, otherworldly illusions that take people’s breath away, and that combined with international stardom can make you forget that he is, in fact, a human being like the rest of us. For me the most poignant moment in Margie Goldsmith’s interview with the magnificent illusionist comes when he tells her the story about his finger being severed during a botched rope trick. A surgeon reattached it, and it grew back. “That,” he says, “is magic.”

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Quote/Unquote

““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”

-David Yermack