June 2010
41 posts
3 tags
“Our “New Normal” two-word duality seems to resonate more on the “normal” than...”
– PIMCO - Investment Outlook Gross Alphabet Soup July
Jun 30th
4 tags
Microsoft by the numbers - The Official Microsoft... →
The charmed life of a monopolist.
Jun 28th
7 tags
Jun 27th
6 tags
China Financial Markets » The RMB and the magic of... →
Jun 27th
4 tags
“The nation’s 13.6 trillion yuan ($2 trillion) of new loans in the past 17...”
– China’s Desert Ghost City Shows Property `Madness’ Persists - Bloomberg
Jun 27th
2 tags
Jun 26th
1 note
8 tags
Jun 26th
3 tags
Tax Revenues And Expenses Per Average U.S. Worker
Average US worker pays $14,460 in tax; government spends $16,897. To begin with the revenue side, the average employed worker paid $12,748 to the Federal government in the fiscal year ending September 2009. The company he or she works for chipped in $1,712/worker in the form of corporate income taxes. So that works out to $14,460 per employed person in Federal government revenue. In case...
Jun 26th
7 tags
Jun 26th
6 tags
“It prevailed in a bidding war for Greece’s Emporiki, a money-losing,...”
– Agricole Sees More Losses in Greece - WSJ.com
Jun 25th
3 tags
Millionaires' Riches Return to Pre-Crisis Levels,... →
There are 10 million millionaires in the world (~0.2% of world population) holding a $40 trillion wealth, about $4 million each on average.
Jun 25th
8 tags
“The euro may fall as much as 28 percent if France fails to repay investors,...”
– Quanto Swaps Show 9% Euro Drop on Greek Default, Citigroup Says - BusinessWeek
Jun 24th
3 tags
“We see the world in which we live as mild even though we know it’s wild.”
– Dylan Grice of SocGen: What’s the point of macro?
Jun 23rd
3 tags
WatchWatch
That is a resourceful team of co-founders! Very cool interview with AirBnb founders via Mixergy
Jun 22nd
1 tag
“The additions come as the venture-capital industry as a whole has been winnowing...”
– Andreessen Horowitz Expands its Ranks - Digits - WSJ
Jun 21st
3 tags
Jun 20th
3 notes
4 tags
“Fortunately, the very severity of the pending crisis and growing analogies to...”
– Alan Greenspan: U.S. Debt and the Greece Analogy - WSJ.com
Jun 18th
3 tags
“Of the world’s top 25 debtor nations, the number that are U.S. allies: 19”
– David Ignatius - How debt imperils national security
Jun 17th
5 tags
Fortress’ $5 Billion Buyout Loss Haunts Edens as... →
Round-up of large private equity funds performance over the past years and the decline in performance of the 2005-2007 vintages.
Jun 17th
3 tags
Jun 16th
5 tags
The Math Of Debt Sustainability
I’ve been playing around on a simple google spreadsheet on debt sustainability. The math of an indebted country with little GDP growth and a primary (i.e. before interest payments) deficit is rough and will ultimately lead to a debt spiral. Interesting how people forget about the exponential dynamics of interests and debt.
Jun 15th
6 tags
Jun 13th
2 tags
Jun 13th
1 note
4 tags
Jun 12th
3 tags
“Fortunately, this is the best time ever for innovation,” said Carlson, for three...”
– Op-Ed Columnist - A Gift for New Grads - Start-Ups - NYTimes.com
Jun 12th
3 tags
Jun 11th
5 tags
“Although markets have until now been worrying about the euro zone’s...”
– Bernanke Warns About Deficits - WSJ.com
Jun 10th
6 tags
Morgan Stanley Internet Trends (pdf) →
A very interesting presentation by Morgan Stanley on mobile internet and a few bonus charts on global economy and the US government P&L in the back.
Jun 10th
5 tags
Safari 5 Reader Is an Ad-Blocker
Apple introduced a “Reader” feature to its new Safari browser version 5. It shows a stripped version of the page with no navigation menus, no frills and … no ads. That’s a gun to Google’s head and a good way to boost their own iAds platform.
Jun 9th
2 tags
Jun 9th
3 tags
“Compared to what the world has known for the last 40 years, this situation...”
– PIMCO - Mohamed El-Erian on the Need to Listen Carefully to What the G-20 is Saying June
Jun 8th
1 note
4 tags
“The Spanish government faces what Mr Parenteau calls “the paradox of public...”
– FT.com / FTfm / Columnists - The dreadful potential of frugality
Jun 8th
2 tags
“Forbe’s Bob Lenzner shows us exactly how warped the bailed out banking sector...”
– Six Banks Made $51 Billion in ‘09 (The rest lost money)
Jun 7th
2 tags
Jun 7th
2 tags
Tough Choices
My earlier worries of an early tightening might come true, as G20 ministers drop support for fiscal stimulus packages. Governments should focus more on long-term cuts (the “entitlement system”) rather than short-term measures. But the era of easy choices is over.
Jun 6th
1 tag
Jun 5th
5 tags
WatchWatch
Steve Jobs on the missing piece to the television disruption puzzle: a viable go-to-market strategy.
Jun 5th
4 tags
iA » Cosmic 140—The Best Gift for Geeks →
The cosmic map of the most influential people on Twitter.
Jun 4th
2 tags
The Math Of Angel Investing
Angel investing works with a lot of investments and very few home runs. Home run as in you invest €50k and take out €5 million … Brad Feld shares a few tips on how to be successful at angel investing. My favorite is the following: 3. Understand the difference between 0x and 100x: I’ve had two of my angel investments return over 100x each. Since I had a strategy of investing the same...
Jun 3rd
3 tags
A €1.5 Trillion Portfolio Of European Periphery...
Managing that portfolio is Maria Cannata’s job, the public officer in charge of selling Italian government bonds on the market. Possible reasons for optimism on Italian treasuries: A woman is in charge of selling our bonds, Maria Cannata Italian Treasury has €25 billion in cash deposited in a bank account Average maturity of debt is 7.1 years Let’s hope for the best, June and...
Jun 1st
2 tags
Zoomable High Definition Photo Of Our Galaxy
Enjoy the most detailed image ever taken, via Hacker News.
Jun 1st