May 2009
26 posts
6 tags
Olson’s logic is game theoretical: He shows that special interest groups...
– The End Game Draws Nigh - The Future Evolution of the Debt-to-GDP Ratio
9 tags
History Of Digitalization: From Text To Thought
The history of information technology of the past 30 years is dominated by digitalization of knowledge and content. Once knowledge is converted into bits, it can be copied and transferred infinite times with no loss of information. It can be easily modified, edited and enhanced. It can be archived and searched. It can be shared globally and instantly.
Google championed a race to digitalization,...
It’s actually the social graph and similar products that have placed a stake in...
– How Facebook, MySpace and YouTube Killed eBay
3 tags
twitter’s shortcode is the most used shortcode in the US. that’s a...
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THINK / Musings» Blog Archive
» Distribution … now - Fred Wilson’s comment
The $100 Trillion Ponzi Scheme
Forbes published a very insightful analysis of former Treasury Department economist Bruce Bartlett on the massive unfunded liabilities of Social Security and Medicare.
Based on 2010 budget, the present value of all future unfunded liabilities needed to cover Social Security and Medicare is estimated at over $100 trillion, or 8.1% of GDP in perpetuity.
In order to cover that shortfall, income...
Normally, labor markets lag the economy because incremental spending...
– John Mauldin: Faith-Based Economics
2 tags
Private Equity Group on FriendFeed
While technology-savvy VCs have embraced all possible social tools, private equity types have yet to take advantage of the wonders of the participatory digital age …
So I started a Private Equity group on FriendFeed where I will post interesting articles and blogs.
Feel free to send me your suggestions and join the conversation!
2 tags
Researchers found that venture capitalists, who screen hundreds or thousands of...
– In the Hunt - Investors Ignore Business Plans, Study Finds - NYTimes.com
5 tags
What most inflation bugs and investors fail to understand is how long it will...
– The Financial Commentator on the Economy - Jim Welsh
In the long term, the math of deploying the industry’s $470 billion in committed...
– The future of private equity - The McKinsey Quarterly
4 tags
I realized that the world was transforming every individual into a small...
– How I Did It: Reid Hoffman of LinkedIn
4 tags
Disruption And Shrinking Markets
Encarta killed the standard encyclopedia. Wikipedia killed Encarta.
This is a classic creative destruction story: disruptor shrinks (or annihilates) market and dominates.
5 tags
What Do You Get By Putting Together Three Losers?
If Mr. Marchionne’s plan for Italian car manufacturer Fiat of putting together three losers in three markets (Fiat, Chrysler, Opel) proves successful, dozens of business strategy books will have to be rewritten.
I am quite confident that it will not be the case.
GDP Growth Numbers
Finally someone explains how all these inconsistent GDP growth number are calculated …
The famous 6.1% contraction of the US economy is actually how much the economy would shrink if it continued to decrease for a year at the same pace as the last quarter did compared to the previous quarter.
That looks like a bogus number to me, because it overestimates the actual change over a full...