If you've been desperately trying to find a good Scud missile to add to your military arsenal, there's a Silicon Valley auction that's right up your alley.

Up for sale on Friday and Saturday in Portola Valley, California, is the Littlefield Collection, a vast array of tanks, vehicles, and military weaponry amassed from World War I to present by the late Jacques Littlefield, a former HP engineer.

"The Littlefield Collection boasts an impressive range of vehicles and represents points in history that appeal to a global audience beyond traditional military collectors," said Ian Kelleher, a specialist with Auctions America, in a statement. "The majority of the collection remains drivable and usable and can be easily repurposed for private use."

Littlefield founded California's Military Vehicle Technology Foundation, which housed many of the artifacts and vehicles comprising his collection. We picked our favorites among the 114 vehicles, parts, and accessories that are up for grabs.

This French-made AMX-13 Model 51 light tank is still in pretty good shape, considering it's 55 years old.

The engine apparently needs a rebuild, but the auctioneers still think it could fetch between $75,000 and $125,000.

This light tank — known as the Armored Gun System, Close Combat Vehicle Light — never made it out of the U.S. Army testing phase due to late-1980s funding cancellations. It's expected to sell for $200,000-300,000.

Before the 1990s, most visual effects in movies consisted of stop motion and people in suits. 

While computer animation was used in “Star Wars” and “Tron” and in title sequences like 1978’s “Superman,” it wasn't until "Terminator 2" (1991) and Steven Spielberg’s "Jurassic Park" (1993) that a movie used lots of computer-generated imagery, or CGI, and mixed it with live action. 

There are only 14 minutes of dinosaur visual effects in "Jurassic Park," about four of which were made with a computer, but its lasting effect on movies has been monumental. 

Two years later, 1995's "Toy Story" was the first full-length computer-animated movie.

Today just about every film — from James Cameron's "Avatar" to summer blockbusters like Michael Bay's "Transformers" series — owes credit to CGI.

But what is CGI, and how is it used in movies? 

The simplest way to explain computer graphics without getting overly technical is to think of typical hand-drawn animation or stop motion, which consists of a series of drawings or photographs to create the illusion of movement.

Similarly, a lot of CGI animation in movies involves series of drawings or renderings on a computer screen. These are used to create that same illusion to make something look photo-realistic.

Business Insider recently spoke with Steve “Spaz” Williams, who was a CG Animator at Industrial Light & Magic (ILM), the visual-effects studio that helped bring “Jurassic Park” to life.

Here, with Business Insider, Williams breaks down the steps it took to bring the dinosaurs from paper and pad to the big screen in CGI.

1. They begin with drawn designs and prosthetics of the different dinosaurs. 

The production used CG for velociraptors, brachiosauruses, and the tyrannosaurus rex, which Williams worked on primarily.

2. Next, those renderings needed to make their way into the computer.

They scanned models, including ones for the T. rex and the velociraptors, into the computers."In order to get it into the computer we actually fire a laser at the three-dimensional rubber prosthetic model and extract the data so the computer had it essentially," says Williams.

Williams explains it's like the opposite of 3-D printing with them taking an object and turning it into data.

3. They then reconstruct the data to make it work in the computer.

These are two images of T. rex data from Williams' monitor using software called Alias.

4. An animation piece of software called SoftImage 3D is used to figure out the joint placement on the dinosaurs. 

Here, you can see one of the Brachiosauruses in the beginning of the film.

5. After that, the data has to be "rigged" with a digital armature in wireframes. 

This is the framework for the dinosaur that helps provide its structure allowing it to stand up, move, and run.

"This is the first shot I animated for the movie after I built all of the T. rex data," says Williams. "It took me months to get this run right, but once done, we reused the run data for the rest of the jeep-chase shots and ultimately for the following two 'Jurassic Park' movies."Below is another wireframe for one of the raptors in a kitchen scene where the two children are trying to outsmart the dinosaurs.

6. Next, the dinosaurs get their skin. 

"We used a program called Viewpaint, which allowed us to actually paint the texture of the skin in the computer so now we have this textured map," says Williams.

7. To put all of the separate images together, they needed to be rendered by massive graphics computers.

"Now we substitute in this high-resolution mesh data into a low resolution wireframe. That's all being done in computer," says Williams. "It pretty much took 10 hours to calculate one frame. You have to remember film is 24 frames per second. So it would sit there and crunch all night."

Williams built and animated the image below of the first fully rendered T. rex test. It was this video that convinced the producer Kathleen Kennedy and Steven Spielberg that "Jurassic Park" should be made in CGI rather than stop motion.

Williams also animated all of the shots in a famous T. rex Jeep-chase sequence. He says each frame in the entire sequence took an estimated 12 hours to render. 

The point where the T. rex breaks through the log is 75 frames long. 

"I animated all those shots where the T. rex is chasing the jeep. It took me four months to animate it, just to get the running to work properly," says Williams.

8. From there, the dinosaur needs to be put into a scene through a process called compositing.

This is where all the pieces to the puzzle are assembled together. CGI shots are combined together with live-action shots and any background and foreground imagery referred to as plate photography.

In this case, live-action shots of actors were combined with photography shoots in Kauai and ILM's work on the brachiosauruses and birds.

Here's the final shot with the added dinosaurs:

9. Once it's put together, the images are reviewed to make sure they work. When everything looks good, the scene is put to film.

Final images are reviewed on a high-concentrated projector before translated to film.

All together, Williams says it took about a year to bring the dinosaurs to life.

“Basically May of ’92 to May of ’93 was the entire build and composite time for probably 40 shots,” says Williams. 

After $1 billion at the box office, you can't argue with the result.

You can watch Williams and others from ILM speak more about the creation of the dinosaurs in a featurette from the Academy of Motion Pictures below:

SEE ALSO: Find out why 'Age of Extinction" was the most difficult "Transformers" movie to make

Join the conversation about this story »

"Organic.""Grass-fed.""Hand-picked." Once considered rare, these markers of the farm-to-table trend have become so commonplace on restaurant menus that customers hardly notice them anymore.

The new frontier among top restaurants is "field-to-table," an extreme version of farm-to-table dining that was pioneered in Scandinavia and elevates ingredients found in the wild. 

Some of the most highly rated restaurants in New York — Gramercy Tavern, The French Laundry, and Momofuku Ssäm Bar among them — have hired professional foragers to supply them with the freshest ingredients Mother Nature has to offer. This brings creativity, authenticity, and quality to the menu like never before.

Field-to-table is no gimmick, says Brandon Kida, head chef at The Peninsula New York hotel's Clement. He swears that once you eat foraged fare, you'll never go back. It's the future of high-end dining.

We traveled to rural Vermont with master forager Evan Strusinski and Chef Kida to witness a wild ingredient's journey to the plate.

Chef René Redzepi of Copenhagen's Noma is credited with elevating field-to-table fare and inspiring the foraging craze at restaurants around the world. The restaurant's foraged feasts, which feature ingredients like moss and pine, cost $300 a head.

Foraging, or the act of scavenging for food in the wild, minimizes the number of hands that touch ingredients before they land on a plate. Some say once you experience how food is "supposed to taste," you’ll never want to eat a cultivated mushroom or farmed strawberry again. It's that much better.

The “Noma-fication of things” is in full swing in New York City, where restaurateurs are clamoring to differentiate themselves from the slew of so-called farm-to-table eateries. Field-to-table is the new frontier.

Aerial photo-sharing website Dronestagram announced the winners of its 2014 Drone Photo Contest.

The winning photographs show a stunning birds-eye view of an eagle's flight in an Indonesian national park, a beautiful waterfall in Tamul, Mexico, a quaint village commune in France, and a fireworks celebration far above a Bulgarian football stadium.

Prizes ranged from new GoPro cameras and drones all the way up to a publishing opportunity in National Geographic's French edition.

3rd Prize Winner of Popular Vote: This photo of a fireworks display above a Bulgarian football stadium was taken during the 100th anniversary of a popular match.

2nd Price Winner of Popular Vote: This drone photo captures the lovely commune of Sanary Sur Mer in southeastern France.

1st Price Winner of Popular Vote: This aerial view of a 105 foot waterfall was taken with a Go Pro Hero 3 camera in Tamul, Mexico.

The owner of the largest beer company in the world has bought a luxurious apartment in Central Park West, according to NY Daily News. 

Brazilian billionaire Marcel Telles, owner of Anheuser-Busch InBev, spent a whopping $31 million on his new condo. With a net worth of $11.6 billion, Telles is one of the richest men in Brazil.

With three bedrooms, three bathrooms, and a library, the apartment is over 3,000-square-feet big. The building includes a fitness center with a 75-foot pool, a screening room, private wine cellars, a walnut-paneled library, and a private dining room for its residents.

The apartment previously belonged to Tyler Ellis, daughter of fashion designer Perry Ellis. Ellis spent $11 million on the place in 2008.

Located at 15 Central Park West, the famous building is composed of two limestone towers, with a courtyard and private motor entrance.

The apartment includes a spacious kitchen adjoined to a dining room, a living room, and a personal library.

The windows stretch as high as the 11-foot ceilings.

New York City is constantly evolving as new skyscrapers shoot into the sky.

And adding to the city's already dynamic skyline is Hudson Yards, a massive new development on Manhattan's far west side. The $20 billion project is a joint effort between real estate firm Related Companies and real estate investment, development, and management company Oxford Properties Group.

The first phase of Hudson Yards is slated for completion in the next four years. The complex, which will sit between 10th and 12th Avenues and run from 30th to 34th Street, will include public parks, office towers, shops, restaurants, and more.

It will be made accessible by an extension of the existing No. 7 subway line.

We recently got a tour of the construction site and renderings of what Hudson Yards will look like when it's complete. Keep reading to see what the future holds for Manhattan's West Side.

Located on the far west side of Manhattan, Hudson Yards is one of the biggest private developments in U.S. history. The 28-acre complex will sit above rail tracks that service New York City and is expected to revitalize an entire neighborhood.

Source: Related Companies and Oxford Properties Group

The development is just one aspect of a major overhaul of Manhattan's West Side. In the past few years, luxury condos have sprung up alongside the High Line, the Jacob Javits center has been renovated, and the No. 7 subway line is being extended to 11th Avenue to accommodate the area's residents and tourists.

The first phase of Hudson Yards is the Eastern Rail Yard, which will have several residential and office towers, along with dozens of shops and restaurants to occupy an expected 65,000 visitors a day. The Western Yard will be mostly residential.

Source: Related Companies and Oxford Properties Group, and Chelsea Now

Back in May we told you that FactSet was teaming up with SumZero, an online community for investment ideas, to throw a quarterly idea competition with up to $160,000 up for grabs.

Well now we have our first round of winners.

In first place we have Michael Wood, a 24year-old Toronto resident and portfolio manager at Evans Investment Council. He beat out a load of more seasoned investors with his long thesis on Samsung, in which he reasoned that the stock could return 145%.

For his efforts, he'll take home $15,000 and get to talk about his idea on CNBC's Fast Money Halftime report on Friday.

Woods' pitch was pretty simple: "At today's prices, Samsung Electronics is trading at 9.5x 2015 operating profit of the memory business, ascribing $0 value to IT & mobile, display and home appliance businesses."

We have the thesis for you after the jump.

In the meantime, you should know what the second and third place winners pitched. Second place winner Siddharth Choraria of APS Asset Management in Singapore pitched Tsui Wah Holdings Ltd. Third place winner Joshua Kennedy of Sonian Capital Management in Boston, MA pitched Tingyi Holding Co.

You can check out their presentations over at SumZero, and learn more about the rules of the contest here.

The shoemaker in Turkey, the potato seller in Vietnam, and the weaver in Bolivia are among the billions of low-income entrepreneurs who make the world go round. They are also the type of people who can benefit significantly from microfinance.

Every year, the Consultative Group To Assist The Poor (or CGAP) hosts a photo contest asking entrants to submit photos based around the idea of microfinance. The purpose of the contest is to give amateur and professional photographers a chance to show the different ways that poor households manage their financial lives and make their lives better through financial inclusion. 

Housed at the World Bank, CGAP is an advocacy group that works with development agencies, foundations, and national governments to advance the lives of the poor by improving their access to finance.

The 2014 Photo Contest is now open for submissions until October 8th. The nonprofit is looking for photos that show how financial inclusion makes a difference in the lives of the poor. CGAP shared a selection of the 2013 winners with us here, but you can submit your own photos on the contest website.

In Vietnam, a woman transports potatoes to sell at a local market. This is the Grand Prize winner.

In Bangladesh, selling papers is a common form of self-employment. Because there is so much competition, the sellers must come up with unique ways to market their wares. This is the second place winner.

This photo of men at a rice wholesaling market in Mali won third place.

LeBron James is going back to Cleveland where it is believed he'll get a max contract making him $20.7 million per year.

In his four years in Miami he had incredible success on the court, winning two titles.

Off the court, he piled up a bunch of endorsements that will help him reach his stated goal of becoming a billion-dollar athlete. 

He has amassed some awesome cars and houses as a result. And he still has time for his lovely, surprisingly normal family.

LeBron has made $129 million in career NBA salary, and he's only 28 years old.

Source: Basketball Reference

He makes ~$33 million per year (nearly twice his NBA salary) in endorsements.

Source: SI

He's in ad campaigns for huge companies like McDonald's and Samsung.

Social media! It's ruling our lives, and it's ruined some people's livelihoods.

It's not terribly difficult to imagine some people losing their jobs over inappropriate or contentious use of Facebook, but surely Twitter and its 140-character limit don't pose a danger, right?

You obviously still need to be mindful in how you use it.

The "medium is the message," as we've heard, but the message can still have significant repercussions.

Justine Sacco blew up Twitter with this tweet.

Justine Sacco, former PR executive for IAC, tweeted a fairly insensitive joke right before boarding an international flight to Africa. While she was in the air and offline, the tweet spread like wildfire and she was dismissed from her post as a result.

Don't tweet bad things about your potential employer

Connor Riley had a job offer from Cisco on the table. She tweeted: “Cisco just offered me a job! Now I have to weigh the utility of a fatty paycheck against the daily commute to San Jose and hating the work.”

Shortly after that, there was a reply from Cisco employee Tim Levad: “Who is the hiring manager? I’m sure they would love to know that you will hate the work. We here at Cisco are versed in the Web.”

Sexual assault is never funny

Nir Rosen was a Law Fellow at New York University until he tweeted some astonishing remarks about Lara Logan's sexual assault.

The string of insensitive tweeting began with "Lara Logan had to outdo Anderson. Where was her buddy McCrystal." He was soon apologizing profusely and resigned from his fellowship the next day.

LeBron James returns to Cleveland with the chance to go down as one of best players ever.

He's a 6'8", 250-pound man who moves like a point guard. He's a once-in-a-generation genetic freak.

But it's his work ethic that has turned that genetic potential into results on the court.

From late-night workout sessions to teaching himself how to play power forward, LeBron is the perfect example of someone who's fully maximizing his genetic gifts.

He gets a special four-page scouting report before every game. His teammates get a two-page report.

Source: SI

He could run every play in Miami's playbook from all five positions.

Source: SI

He holds an annual "Hell Week" of grueling workouts with other elite athletes at his house in Akron.

Source: ESPN

Tinder is a dating app that was created in an IAC accelerator program, Hatch Labs, in 2012. Since then its popularity has soared to billions of monthly pageviews, millions of daily matches, and a $500 million valuation.

Tinder isn't a traditional startup since the majority of it is owned by IAC. But like many young companies, it began as a fledgling idea under another name, Match Box.

What was Tinder like when it was first devised in 2012?

TechCrunch's Jordan Crook found an early Tinder pitch deck. Here's what the $500 million app was like when it was first starting out and how it planned to monetize.

Tinder used to be called Match Box. The company changed the name because it was too similar to another IAC dating company, Match.com.

To demonstrate its idea, Tinder used a single guy "Matt" as an example.

Matt sees an attractive girl but is too shy to approach her.

You don't need to buy expensive art supplies to create impressive paintings.

Although Microsoft's free Paint program is commonly used for simple doodles, dozens of artists have used it to craft amazingly detailed works of art.

From celebrity portraits to beautiful skylines, here are some of the most creative paintings made in MS Paint circulating the web. 

Boston-based artist Patrick Hines has created some amazing images using MS Paint. This photo is an ode to a scene from "Harry Potter And The Deathly Hollows."

Here's another one from the Harry Potter series created by Pat Hines. The whole image was created in MS Paint other than the print on the gravestones, which Hines used Photoshop to slant.

Here's an extremely meta painting of Microsoft founder Bill Gates through MS Paint. Hines said he uses his computer mouse for every single painting he creates.

There were nearly 2 million new high net worth individuals (HNWI) in 2013. But the changing global landscape makes it more complicated for both affluent and mass affluent investors. 

US Trust put out a report titled 101 Things Every Investor Should Know About The Global Economy earlier this year. Inspired by the report, we drew on some key global themes in terms of investment, trade, output, competitiveness and asset performance to pull together 27 key themes for investors.

We look at the importance of foreign direct investment, growing sovereign wealth funds, disruptive technologies, and total returns that investors should keep an eye on.

These themes can help guide investors in seeking out opportunities, both geographically and in terms of asset class.

Note: The charts are not taken from US Trust.

Developing nations are a bigger source of global demand than developed countries. This means emerging market consumer trends are becoming more prominent and this is bullish for U.S. multinationals.

Income inequality has increased after the global economic crisis. But faster economic growth in emerging countries can help lower inequality.

Stocks have outperformed every other asset in the long-run. In shorter, specific periods however this can vary. Meanwhile, cash is in fact not king as it struggles to keep pace with inflation.

We’ve all heard the stories of people dropping out of college to work on their startups, living on their friends’ couches, or eating ramen every day for a month.

Some ambitious entrepreneurs take this to the next level, going the extra mile to make their businesses successful.

We'll take a look at the lengths startup founders go to get their companies off the ground, from AirBnB's wacky fundraising side-business to PayPal giving away money to get initial users to join.

The founders of AirBnB got their initial funding by selling their own brand of cereal.

AirBnB, the service that helps people rent out their rooms to travelers, was recently valued at $1.3 billion.

Yet in its early days, angel investors were wary about investing in it. To raise money, the cofounders sold their own breakfast cereals. They purchased huge quantities of bulk cereal, pasted together cardboard boxes, and branded them as limited-edition, politics-themed cereals called Obama O’s, Cap’n McCain, and Breakfast of Change.

In two months, they sold 800 of them for $40 each and earned more than $30,000. Apparently, they made great sales on their Obama cereal but had to eat the McCain cereal to stay alive.

The founders of Reddit created tons of fake accounts.

Reddit, known as the "Front Page of the Internet," is a site based on user-generated news links. In 2013, it had 731 million unique visitors.

But when it launched in 2005, it had so few visitors that the cofounders operated multiple fake user accounts and responded to themselves to give the semblance of traffic. Furthermore, since the founders owned all the fake accounts, they could build the tone and shape the discourse and direction of the site.

Their "fake it 'til you make it" philosophy paid off. As the real user base grew, they were able to abandon the fake accounts.

The founders of Warby Parker bought an old yellow school bus and traveled across the country.

Warby Parker, a brand that sells designer eyewear at a lower cost, started when one of the cofounders, Dave Gilboa, lost his $700 glasses on a backpacking trip and couldn’t afford to replace them. 

To attract media attention early on, the team bought an old yellow school bus, traveled across the U.S., and created a mobile store called The Warby Parker Class Trip. Since they knew half of their traffic was from word of mouth, they wanted to make strong impressions in person.

Since it launched in early 2010, the brand has sold 1 million pairs of glasses.

Enterprise startup Zendesk opened its doors this week to celebrate the launch of its new office on San Francisco's Market Street.

The whole building was recently renovated to fit the Danish modern aesthetic of the company's CEO, Mikkel Svane.

The building dates back to 1909, when it was the Eastern Outfitting Co. department store.

The party was a success, due in no small part to excellent appetizers in a vibrant space.

The first thing you notice about Zendesk's building are the 400 LED lights on the front facade, framed by Corinthian columns.

The lights look beautiful at night.

Time to go inside!

Some entrepreneurs who have made billions off of their tech ventures like to spend them in some pretty extravagant ways, whether it be on private planes, summer homes, or even an entire island. 

Others turn to more-philanthropic efforts, choosing to donate their wealth to different causes through foundations and trusts. 

We've rounded up some of the most generous people in tech, all of which have decided to donate large portions of their wealth to charity rather than pass it down to their children. 

Microsoft cofounder Bill Gates

Gates has been open about his decision not to leave his $78 billion fortune to his three children. They will reportedly inherit just a small slice, about $10 million each.

"I definitely think leaving kids massive amounts of money is not a favor to them,"he said in a Reddit AMA in February. 

He founded the Bill & Melinda Gates Foundation in 1994, and it currently has more than $36 billion in assets. Gates also teamed up with longtime friend Warren Buffett to start a campaign called "The Giving Pledge," which encourages other billionaires to donate at least half of their fortune to charity. 

AOL cofounder Steve Case

Case helped millions of Americans get online, and now he's donating much of his wealth to developing other technologies.

He founded the Case Foundation in 1997, which focuses on using technology to make philanthropy more effective. He also started an investment firm called Revolution, which invests in startups outside of Silicon Valley, and signed the Giving Pledge.

"We share the view that those to whom much is given, much is expected. We realize we have been given a unique platform and opportunity, and we are committed to doing the best we can with it," he and wife Jean wrote."We do not believe our assets are 'ours' but rather we try to be the responsible stewards of these resources."

Salesforce CEO Marc Benioff

Benioff recently launched a campaign called SF Gives, which challenged tech companies to raise $10 million for San Francisco-based nonprofit programs in just 60 days. 

He's encouraged other corporations to follow his 1/1/1 model, which says that a company should donate 1% of its equity, 1% of its employees' time, and 1% of its resources to philanthropic efforts.

He and wife Lynne have also personally given a total of $200 million to the children's hospital at UCSF. 

Crumbs Bake Shop — the world's largest cupcake company — is officially closing all of its stores as of Monday night, the Wall Street Journal reported. 

Upon hearing the news, a Brooklyn-based Crumbs manager told the Wall Street Journal, "I come into work today, I'm happy, I'm skipping to work, and suddenly I don't have a job." 

The news came just a few days after Crumbs was delisted from NASDAQ.

The once-hot bakery catapulted to fame thanks to a cupcake craze that swept across the U.S. in the early 2000s. Shortly after going public in 2011, however, Crumbs began losing money.

Three years after "Sex and the City" inspired a cupcake craze, Crumbs was born.

It all started in 2000 when character Carrie Bradshaw ate a cupcake from Magnolia Bakery's West Village location. Tourists began flocking there and a "Sex and the City" tour bus made the location a destination. The cupcake craze had officially begun.

Mia and Jason Bauer, respectively a legislative counsel and a consumer product entrepreneur, were quick to jump on the trend, opening the first Crumbs on the Upper West Side in 2003.

"My expectations were very simple, and they came to fruition immediately," Mia Bauer told New York Family in 2012. "The goal was to have a neighborhood bakery where I knew everybody and their kids, and I made all their birthday cakes."

Crumbs was a huge hit.

People went crazy for Crumbs' cupcakes, and the company was able to sell its gourmet product for as much as $4.50 a pop.

In an interview with Newsweek, Jason Bauer explained why the cupcakes were such a hit.

"If you rewind to 2002, cupcakes were vanilla, chocolate, lemon, or strawberry, maybe with sprinkles," he said. "When we opened our stores, Mia created three types of cupcakes with cool fillings, frostings, and decorations. Every day they sold out, so we decided to expand that line and continued to grow it. We started making gourmet cupcakes and [that’s] what has now become the industry standard."

Crumbs' cupcakes eventually came in more than 75 flavors and ranged from the 1-inch-tall "Taste" cupcake to the 6.5-inch-tall "Colossal," which could feed up to six people.

Next came a nationwide expansion.

Crumbs started opening more shops in New York and expanded to Philadelphia, Washington, D.C., and Beverly Hills, among other cities.

But at the same time, hundreds of other cupcake bakeries opened across the U.S. Among them were Sprinkles Cupcakes, which launched in 2005; Cupcake Nouveau in 2007; and Georgetown Cupcake in 2008.

As the cupcake craze ballooned, television networks began taking notice. The Food Network started airing "Cupcake Wars" and TLC launched "DC Cupcakes," a show about Georgetown Cupcake and its owners.

Growth in the emerging markets has slowed down recently as growth in the developed markets have picked up.

Nevertheless, growth in the emerging markets is still higher, and they present attractive investing opportunities.

Citi analysts recently published a massive report highlighting the best global companies capitalizing in these markets.

"We expect that many of our companies will still be able to generate stronger rates of top line growth in emerging markets when compared to developed markets owing to (i) relatively strong economic growth in these countries, (ii) increasing per capita penetration / usage of consumer staples products by consumers in these markets and (iii) broadening geographic distribution of branded consumer staples products within these regions."

In their report, Citi analysts have complied a list of their favorite companies for outsized growth in emerging markets. Click on the slide show to see the list.

The Coca-Cola Company

Industry: Beverage, non-alcoholic

Region: U. S. 

Ticker: NYSE: KO

Revenue (annual report): US$ 46.854 billion (2013)

The Coca-Cola Company has a significant exposure in emerging markets; approximately 75% of their profits in 2013 came from overseas. Coca-Cola's breadth of product offering — including bottled water, tea, coffee, and juice — partially contributes to its major international success.

Citi analyst Wendy Nicholson  also notes that because the Coca-Cola Company entered the Latin American market earlier and in a bigger way than PepsiCo did, it now "commands very strong market shares and in turn, very high profit margins".

Source: Citi

Arca-Contal

Industry: Beverage, non-alcoholic

Region: Latin America 

Ticker: BMV: AC

Revenue (annual report): PS 60.359 million (US$ 4.66 million) (2013)

Arca-Contal derives almost 40% of its consolidated EBITDA from northern Mexico, which has the highest per-capita soft drink levels in the country. Additionally, despite a "challenging operating environment", Arca operates in the rapidly growing and highly profitable Ecuadorean franchise and in Argentina — which are seeing double digit EBITDA growth.

Citi analyst Alexander Robarts adds that Arca-Contal's recent acquistion of processed dairy assets in Ecuador, Toni, is an additional area of attractive non-organic growth. Now, Arca-Contal is the 5th largest company in the country.

Source: Citi

Mengniu Dairy

Industry: Beverage, non-alcoholic

Region: China

Ticker: SEHK: 2319

Revenue (annual report): US$ 2.04 billion (2013)

Citi's pick for Chinese non-alcoholic beverages is Mengniu Dairy. They add that concern on import UHT milk is "overdone", and that Mengniu has a chance to "invest in Arla branding for market share".

Citi analysts believe that China raw milk prices will probably "decline to a level where cycle average prices are cost plus farm's normal profit". If this happens, Jasmine Bai writes that "Mengniu's volume growth may accelerate, with cost delcine as well as ASP decline/promotion increasing". Consequently, they believe margin will benefit.

Source: Citi

These are hard times for Atlantic City, which recently recorded its sixth consecutive year of falling gambling revenues and saw an ambitious new casino prepare for bankruptcy.

You can blame the economic downturn as well as the rise of competing casinos in neighboring states.

Hurricane Sandy didn't help either. The casinos were ordered to remain closed for almost five full days, and lost an estimated $5 million in gambling revenue combined each day.

But you know what? The "World's Playground" is still an awesome place to visit, with plenty of exciting new attractions aimed at targeting leisure travelersinstead of gamblers, and revitalizing its boardwalk. Atlantic City is also getting buzz from HBO's hit show, Boardwalk Empire.

Atlantic City is huge, but most people only think about the boardwalk and pier.

It reached its boom period in the 1920s thanks to prohibition and illegal gambling — it even called itself the World's Playground.

Source: Press of Atlantic City

The '20s were so glamorous that they are even the subject of HBO's Boardwalk Empire, starring Steve Buscemi as the political boss and racketeer Enoch "Nucky" Thompson.

Source: HBO