I Love A Good Trendline
It will be interesting to see what Fridays close brings.
What Bubble?
Great chart from The Atlantic regarding venture capital activity in and around social media.
From Hairdresser To Concorde
BA’s only female Concorde pilot has lost her battle with Cancer, she was 57. The former hairdresser turned Captain was the first ever woman to pilot the aircraft, when she completed her conversion course in March 1993. She was the only woman in British Airways to pilot Concorde. Barbara Harmer was born in 1954 in…
DetailsClever Clogs
In a world where the inane and idiotic exploits of bogan fwits are celebrated on almost a daily basis in the media it is good to read about someone who is actually making a noble attempt to raise the IQ of the room
Goldman
For those who have been following Matt Taibbi’s public excoriation of Goldman Sachs he gives Andrew Ross Sorkin a kick in the nards for his somewhat dribbling defence of Goldmans.
After a recession, the least rational rise (temporarily) to prominence. Ignore them.
Excellent article by Barry Ritzholtz that was published in the Washington Post regarding the end of the work or the lack thereof. If you are reading this, the previously scheduled end of the world did not occur. Perhaps the date was wrong — next Saturday night? 1994? October? No matter. Despite millennia of Armageddon forecasts,…
DetailsWhile On The Topic Of Bubbles
Market efficiency, anticipation and the formation of bubbles-crashes A dynamical model is introduced for the formation of a bullish or bearish trends driving an asset price in a given market. Initially, each agent decides to buy or sell according to its personal opinion, which results from the combination of its own private information, the public…
DetailsGroupon
The current bubble in social media companies is fascinating to watch and has all the hallmarks of every bubble since the Dutch Tulip boom. I have had a voyeuristic interest in Groupon for some time. I have a mate whose extended family is involved in a similar venture domestically – which has proved to be…
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