So….Whats New?

The bank’s strategy was “flawed, complex, poorly reviewed, poorly executed and poorly monitored,” Mr. Dimon said Thursday in a hastily arranged conference call with analysts and investors after the stock-market close. He called the mistake “egregious, self-inflicted,” and said: “We will admit it, we will fix it and move on,” he said. Interestingly it has…

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Venture Capital

I have written before on how  ordinary the performance is of over hyped hedge fund industry and how the only people involved who get rich are the managers. It seems that the same thing can be said of venture capital investments. The following is the executive summary of the Kaufman Foundations report on venture investing…

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Next Days Data

Whilst doing a data review recently I happened to chance upon a domestic data supplier who promised to give me “next days data” for only $15 per month. My immediate thought was I would give you 15k per month for tomorrows data. As a flight of fantasy consider the value of such information. At the…

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The Idiocy Of Bureaucracy

I am one of those folks who does not believe in unfettered industry. If given their head people will pollute, rape and pillage this just seems to be the way corporate sociopaths think. However, you can completely go overboard in what you are trying to achieve when you introduce various laws to safeguard others. You…

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