Henrique de Castro was booted as COO by Marissa Mayer after she personally poached him from Google about 15 months earlier. Mayer said de Castro “was not a fit and that’s a regrettable conclusion,” but he still walked with $58 million in salary, bonuses and stock. Source – Time I could be twice as incompetent…
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I have held the opinion that Matt Taibbi formerly of Rolling Stone is currently the best financial journalist going around. Here he is on the Daily Show talking about his new book The Divide. Click the image below to be taken to the show.
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Since the NDX has had a bit of a hissy fit and has stumbled out of bed I thought i would take at a few of the structural elements that might be making things a little bit bumpy for tech related issues. On a casual viewing it seems as if the new disruptors are the…
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Whilst driving I heard in passing on the radio that this weekend is some super big deal thingy for the technologically backward industry known as real estate. Apparently some 1200 homes are going to be auctioned this weekend in that antiquated process whereby people stand out the front of a building and some of them…
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Here are some general pieces on inequality for your weekend reading. The New Yorker – ……..Piketty believes that the rise in inequality can’t be understood independently of politics. For his new book, he chose a title evoking Marx, but he doesn’t think that capitalism is doomed, or that ever-rising inequality is inevitable. There are circumstances, he…
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Nobel laureate Robert Schiller talks about bubbles, busts and what he thinks drives markets.
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I came across this magnificent graphic in this report by the consulting group McKinsey. It is one of those facts that you think you know but have not any way internalised. Of course my car sits idle for the majority of the time but when someone puts it in a graphic such as this it is…
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Every so I often I get an email from someone asking whether they should buy or sell a given stock. My answer is always the same I cannot offer you advice and do your own thinking. However, recently I got such a request regarding Echo Entertainment that interested me. As you can see from the…
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