August 2009
29 posts
3 tags
3 tags
4 tags
1 tag
“Lots of people don’t care about fancy new technology and incremental...”
– Lesson One - Know Your Market - jamiequint’s posterous
2 tags
“One can only conclude that the asset-based economy of the last quarter century...”
– RGE - Weak Consumer Spending Will Last for Years
3 tags
1 tag
cdixon.org / Six strategies for overcoming... →
3 tags
2 tags
4 tags
2 tags
“There are more brokerage account holders than Communist Party members in China,...”
– China Orders Brokerages to Warn Investors of Risks (Update2) - Bloomberg.com
4 tags
4 tags
“Maybe the system was relatively fair twenty or thirty years ago—but it certainly...”
– Dear USofA, welcome to Europe.
Squashed - On Those “Entitled” Twenty-Somethings
5 tags
$900 Billion To Come Out Of The Printing Press
I thought that the U.S. would turn into a Japan-style economy, where Americans now more inclined to saving, would buy as many treasuries as needed to finance ever growing budget deficits. In his NY Times op-ed, Warren Buffet says that it would not be enough.
Out of the $1.8 trillion treasuries to be issued, Americans will only purchase at most $500 billion. Another $400 billion will maybe be...
1 tag
Disruption and My Next Startup… You Help Decide |... →
A few startup ideas from Jason Baptiste
4 tags
1 tag
Business Advice Plagued by Survivor Bias - Blog -... →
2 tags
4 tags
Can A Free Market Affected By Adverse Selection,...
Interesting post by James Kwak on Baseline Scenario on health insurance, risk, adverse selection, asymmetric information, free markets and correlation.
Once you lose your employer-based coverage, for whatever reason, you’re in the individual market, where, you may be surprised to find, you have no right to affordable health insurance. An insurer can refuse to insure you or can charge you a...
6 tags
Goldman Sachs Is Driving The Nail Into The Coffin...
In case somebody still believes in the efficient market theory, Goldman Sachs reported that they made money on 63 of 65 trading days during last quarter.
From Goldman Sachs 10-Q filing for Q2 2009
(page 124):
I tend to agree with Chris Martenson when he says that they are blatantly exploiting an unfair advantage at US taxpayers’ expense.
What these trading results tell us, as...
2 tags
“Private equity returns fell 27.6 percent in 2008, exceeding the decline of 9.1...”
– News & Research - Private equity suffers worst year on record-study
3 tags
The Takedown Of Sun Capital, Or The Sun Also Sets... →
Insightful letter of one of Sun Capital limited partners
6 tags
Thoughts On Private Equity Carried Interest
Funds investing in alternative assets (hedge funds, private equity and venture capital) usually receive a compensation known as “2-20”: 2% of committed capital as yearly management fee (irrespective of the fund performance on its investments) and 20% of any capital gains that the fund realizes when it sells any of its portfolio companies, called “carried interest” or simply...
3 tags
“Is there some way to explain how people are consuming away, but doing so without...”
– Chris Martenson’s Blog - GDP Report is Just Plain Wrong - Jul. 31, 2009 | Blogs at Chris Martenson - Chris Martenson’s Blog, Corporate REvenues, Fuzzy Numbers, GDP, Good data, Murky Data, Unreliable Data.
3 tags
4 tags
“To be sure, France doesn’t face a U.S.-style mortgage crisis. French banks are...”
– Shocker: real estate prices rose more in France than in the US 1995 to 2008.
Pop Goes the French Housing Bubble - BusinessWeek
2 tags
“However all this time I was also pushing my own silly web dreams on the side. I...”
– The $12 Startup | Sean Percival’s Blog
4 tags
“Despite a vast oversupply of new condos in downtown Miami, sales have been brisk...”
– High-end Miami condos going for $200 a square foot, or $2150 a square meter, or €1520 a square meter!
Lower Prices = Increased Sales | The Big Picture