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venture capital, private equity,
world finance and global economy

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Mar
14th
Wed
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TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.
Tags: goldman sachs   finance  
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Mar
12th
Mon
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So we experimented some, and we found out that when you raise that first factor [in Bayes’ theorem] to the 1.5 power, you get a better result.
Tags: bayes   peter norvig   google   science  
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Mar
10th
Sat
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You’ll be better off if you operate like Columbus and just head in a general westerly direction.
Tags: paul graham   entrepreneurship   internet  
1 note   Comments (View)
Mar
5th
Mon
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Tags: internet   google   research   entrepreneurship   stanford  
3 notes   Comments (View)
Mar
2nd
Fri
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Some interesting facts on gold … (via Infographic: Is Gold A Bubble?)

Some interesting facts on gold … (via Infographic: Is Gold A Bubble?)

Tags: gold   finance   inflation  
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Mar
1st
Thu
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My favorite song by Lucio Dalla: Anna E Marco

(Source: youtube.com)

Tags: music   lucio dalla   rip  
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Feb
26th
Sun
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5% of all retail sales are online (and 11% are at gas stations …) (via Number of the Week: Five Cents of Every Retail Dollar Spent Online - Real Time Economics - WSJ)

5% of all retail sales are online (and 11% are at gas stations …) (via Number of the Week: Five Cents of Every Retail Dollar Spent Online - Real Time Economics - WSJ)

Tags: internet   e-commerce   retail  
1 note   Comments (View)
Feb
23rd
Thu
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Tags: economics   demographics  
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Feb
22nd
Wed
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Comparison of austerity package impact by country (via Austerity Europe - NYTimes.com)

Comparison of austerity package impact by country (via Austerity Europe - NYTimes.com)

Tags: europe   euro   eurozone   economics  
4 notes   Comments (View)
Feb
17th
Fri
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Vicious cycle: no investments -> older asset base -> lower returns -> less cash flow available for investments … (via “No Continent For Young Assets” - Charting The Root Of Europe’s Problems: Record Old Asset Age)

Vicious cycle: no investments -> older asset base -> lower returns -> less cash flow available for investments … (via “No Continent For Young Assets” - Charting The Root Of Europe’s Problems: Record Old Asset Age)

Tags: finance   economics   europe   euro  
1 note   Comments (View)