August 12, 2008
My financial book recommendation of the day goes to another in Wiley Investment Classic's series of book. This time it's Once in Golconda, a classic about life on Wall Street in the '20s and '30s, back in the time...
Nice chart from New Scientist showing some of the unintended consequences of having traders copying one another's behavior. Click for a larger version. As an aside, I'm trying to get the authors of the paper to speak at Money:Tech 2009...
It came to me today during a flight from San Diego to Kansas City: Google is a Ponzi scheme. Really. How do I know? Well, Hitwise just released a report showing that Google now has over 70% of the search...
