July 2, 2008
A laugh is good on a day like today, so here is writer Michael Lewis on how Wall Street-ers can survive the current market mess: Rule No. 3: Hide your motives. Or, specifically, minimize the appearance of financial interest. Don't...
In 1971 the city of Bolinas, California, stopped growing. Why? Because that was the year the city decided to stop allowing new water meters to connect to the city supply. And no new water meters means, for practical purposes,...
Some new data out from Hitwise showing the traffic patterns that Google/Yahoo are having during the current market misadventures. Turns out that panicky investors are compulsively checking out what's up in markets via their favorite money & finance sites, like...
What price will cause global oil demand to finally fall? While OECD demand looks set to drop, according to the latest IEA report, demand elsewhere is another story. Because in a sense, oil markets can be thought of as trying...
On a plane yesterday I read Dan Ariely's bestselling behavioral economics book Predictably Irrational. It is Yet Another Humans Don't Act Like Economists Think They Should (YAHDALETTS)book, up there with Freakonomics, Undercover Economist, and the rest of that sort of...
According to the WSJ tonight -- and I can almost not bear to type these irritating words -- Microsoft is messing with Yahoo again. The story says that Microsoft is working at pulling together a consortium of folks who...
