Paul Kedrosky's Infectious Greed

They get revolutions, we get nervous. Current Time covers worldwide.

• How Oracle's Larry Ellison has spent his way into America's Cup dominance – http://t.co/CWebP2Z6 #
• Ohio atheists vs the billboard company – http://t.co/guwVzrKK #
• [Paper] Intolerance of sexy peers: Or, how cleavage can make some women hostile – http://t.co/hhBxaOEF #
• Every time I think I might like to subscribe to the NYT I check its bizarro digital policies/prices and demur – http://t.co/dGwkJjAm #
• Good piece: Euro woes to spread via credit – http://t.co/4hV887Jr /by @jamessaft #
• Euro zone woes sideswipe Sweden’s ‘tiger economy’ – http://t.co/YOGac5XJ #
• [Paper] Cigarette smoking: an underused tool in high-performance endurance training http://t.co/xWJHowKG #
• [Paper] How news mentioning "financial crisis" causes financial crises – http://t.co/amaeGwnV #
• Businessweek: Palantir, the War on Terror's Secret Software Weapon – http://t.co/6LaJOgjd #
• Good fun: Merkel Rejects Euro Bonds Again After Auction – http://t.co/3IRSB4mC /via @tomkeene #
• Portugal’s Credit Rating Cut to Junk by Fitch – Bloomberg http://t.co/dE2CGo2d #
• Anyone tried Backbid? Hoteliers must hate idea of competitors bidding on their own guests. http://t.co/VM1TQ0KK #
• Address Is Approximate: A lonely desk toy longs for escape from the dark confines of the office. Gorgeous. http://t.co/zFU7f4ax #
• New Economist cover: Is this really the end? Pic of euro burning up like fireball – http://t.co/FC0av0gj #
• A caption-ready photo today of the Euro zone's f(l)ailing Monti, Merkel and Sarkozy /via @ftalphaville http://t.co/wLIHLIF0 #
• From Withnail & I, one of the great two minute sequences in movie history – http://t.co/eTzsxi2O #
• Telegraph: Death of a currency as "eurogeddon" approaches http://t.co/X9n3QVPV #
• Spiegel: Why Merkel Remains Opposed to Euro Bonds
  http://t.co/Ds0x8M5V #
• Canadian housing frothier than U.S. at peak: Economist http://t.co/ffqud1Bs #
• Telegraph: The world's scariest ski runs – http://t.co/cgfafhaR /via @DrVes #

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Classic caption-ready photo from FT Alphaville today. Monti, Merkel and Sarkozy passing the problems along.

Classic, eye-opening stuff from Steve Jobs in the NeXT days. Watch for the interactions with his early employees.

• Didier Sornette getting his Ferriss freak on – http://t.co/tU1fwjSt #
• The myth of renewable energy – http://t.co/kIWFKFRa #
• Good analysis: Where is Microsoft’s growth going to come from? – http://t.co/FaBbUivX #
• First earth images from VIIRS on new NPP satellite – http://t.co/RSsv3NFc #
• Model risk and the great recession – http://t.co/foLJlg2E /cc @EmanuelDerman #
• High-end music docks are getting truly bizarre – http://t.co/zIipd1pM #
• The New HTC Warning is Massive – http://t.co/HOzjF7Gu /via @billmccandless #
• Groupon adding to its down-bound move today, off 30% in three days & saying b-bye to IPO price. Kudos. #
• Debunking the ‘Savings Glut’ Thesis – http://t.co/WXvkLU5l #
• If only Congress were less ambitious – http://t.co/bOW4dS3I #
• “Myside bias” — I was wrong and so are you: Liberals vs conservatives on economics – http://t.co/9ebVIlx7 #
• The Sandwich of the Year. For reals. http://t.co/twcvMJPI #
• In U.S., Self-Reported Weight Up Nearly 20 Pounds Since 1990 – http://t.co/I1SomoJb /via@Richard_Florida #
• Am on @BloombergTV this afternoon at 3pst. Thinking of doing a Groupon-related self-congratulatory circuit of studio. #
• Family spending on food in the US, as share of total spending, has fallen by two thirds since 1901 http://t.co/StO7q7gw #
• .@ClaudRobichaux On Euro bubbles, I always remember my visit to AntFactory in London in 1999. Scarred me for life. #
• Cute reword of supercommittee statement RT @suryasays: @pkedrosky how'd i do? http://t.co/rZIDPm5Z #
• Its that time … NYTimes: 100 Notable Books of 2011 http://t.co/WhSo9gK2 #
• Google quits plans to make cheap renewable energy – http://t.co/3lcbKo2w #
• Pushed a button to lock my car and car beside mine turned on. Pushed again and it turned off. Once more and it turned on. #Correlationorama #
• Chanos speaks on China – http://t.co/LIN1So0n #
• .@PurviRajani It was BMW and Lexus, but it was all spurious correlation. Was just unnerving. #
• Usually "smart" and "casual gaming" don't go together, but @clemesha's new Wiki Game for iPhone is both – http://t.co/acFFCW1K #
• Idly wondering where GRPN ranks among fastest major (sic.) IPOs to break issuance price. #
• Taking Back the Favelas: Rio Relying on Dubious Methods to Pacify its Slums – http://t.co/ZXWg2ejJ #
• In other TV news, taping a segment today for CBC to air tonight on the structural reset in consumer consumption. /cc @Richard_Florida #
• Like underwater Death Eaters: Ice Tornado Kills Everything It Touches – http://t.co/rCsEw1gB #
• Having long-ago tumbled thru its fin'l crisis lows, RIMM at $16.31 is back to Jan 2004 levels. #
• Today in Goldman news … RT @TreeHugger: Octopus Crawls Out of Water and Begins Walking on Land http://t.co/xxWisBj4 #
• RT @FTAlphaville: Las Vegas bets on a tech future http://t.co/GupjsjhW #
• Microsoft back bidding for Yahoo? The gift(s) that keep on giving. #
• In other MSFT-ish news: Gates-Backed Fund Halts New Grants as Crisis Hurts Giving http://t.co/BHWqv63P #
• My quick scan of Internet IPO data says last 'net IPO to out-worse GRPN in first 20 days trading was …. NFLX in 2002. #
• More from Net IPO data: GRPN is worst 3-week performer for Goldman as underwriter since dot-com bubble. So there's that. #
• By mixing data sources I cleverly missed NFLX's split when calc-ing worst 3-week Internet IPO performances. Whoops. GPRN back out in front. #
• Is it just me noticing, or are surgical boots newly much more common than they used to be? #
• There is someone in my tweet stream who shall go unnamed who is a wondrous source of DM fails. #
• Paper: Global Banking Glut and Loan Risk Premium – http://t.co/7oWYe71j #
• Consumer electronics most desired by kids, 6-12 – http://t.co/HmY6Z5XD #
• Surfline: The mechanics of Mavericks – http://t.co/D4PpDQZm /cc @briannorgard #

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Stark new Economist cover on the fireball that is the Euro zone.

… the threat of a disaster does not always stop it from happening. The chances of the euro zone being smashed apart have risen alarmingly, thanks to financial panic, a rapidly weakening economic outlook and pigheaded brinkmanship. The odds of a safe landing are dwindling fast.

The latest from Michael Cembalest of JP Morgan, wherein he makes a pilgrimage to see Vaclav Smil in Manitoba and talks energy.

Another Don Quixote Thanksgiving

• Briefly flipped on CNBC this morning in time to see Ken Langone being a bug-eyed, anti-Obama nut-bag ranter. #
• Fair enough. I defer to your more extensive data. RT @ritholtz: @pkedrosky also known as "being Ken" #
• 15 minutes of watching Ken Langone on CNBC would create enough fact-checker jobs to lower US unemployment rate. /cc @andrewsorkin #
• We need a word for people who can, by agreeing with you, make you wish you held a different opinion. #
• Mostly enjoyed the offbeat NY-er article on Peter Thiel, but puzzled by one bit: 125,100 has 210 digits? Wha? #
• Comments at Gawker are helpfully creating new Megyn Kelly memes. http://t.co/JPyenhZG #
• Good slide deck overview of latest thinking/science on barefoot running – http://t.co/dDPRcaj8 #
• Federer vs Nadal tonight at ATP World Tour Finals on ESPN3. Should be fun. #
• Sell-side psychiatrist says fin'l industry stress is leading to "panic attacks, binge drinking and chest pains". Darn. http://t.co/wfrsyB9w #
• With assistance from @arbesman, figured error in @newyorker article on Thiel. 125100 doesn't have 210 digits. 125^100 does. Big difference. #
• New study of our willful ignorance when shown a magic trick. Explains most of finance too. http://t.co/ad9QXMQu #
• [post] Going Public Decreases Innovation http://t.co/IwF3wyo2 #
• Not to mention the head pain: Walking through doorways causes forgetting, new research shows – http://t.co/KZXReHCf #
• Groupon has fallen an impressive 20% in last two days of trading. Congrats guys. #
• FT: Randomness and the lost lesson of Bill Miller http://t.co/ResBd1Jz #
• GRPN just blew through its IPO price like a rock through tissue paper, or something. #
• RT @herbgreenberg: Sneak peak of my 2012 predictions….facebook won't go public next yr #
• CalPERS cuts its target allocation to venture capital from 7% to 1%. http://t.co/clRiqt2H #
• QotD: "We used to take a plane to Milan and go shopping on the via Linate." http://t.co/cHrM1mDr #
• Errol Morris on JFK and the umbrella man – http://t.co/QVgQr1VV /via @felixsalmon #
• Woollcott: All the things I really like to do are either illegal, immoral, or fattening. http://t.co/7xXTC0jz #
• Is It Really Possible to Decouple GDP Growth from Energy Growth? http://t.co/nMXIp19p #
• Painfully true: Forget Shopping, Friday Is Update Your Parents' Browser Day! – http://t.co/fYokFUeH #
• Pimco's El-Erian Calls U.S. Economy 'Terrifying' – http://t.co/ccV4m4Gp #
• Baker Forced to Make 102,000 Cupcakes for Grouponers http://t.co/glKvYQP9 #
• CBC ideas: The Munk Debate — Krugman/Rosenberg vs Summers/Bremmer – http://t.co/CV6GwgnA #
• When you book travel for me, give me options, let me tell you which option I firmly choose, and then wait 24 h as I change my mind. #
• Every time I listen to Kyle Bass I come away thinking a) I'm not nearly bearish enough on Japan, and b) I wish I had never sold that fort. #
• Yeah, aging Swiss bully. RT @minimumnz: @pkedrosky Federer 16 match streak, thrashes Nadal. When will he just retire already. #
• Surprise and soccer betting: Over/under-reaction depends on how “surprising” the goal is. http://t.co/nGfdCHgm #
• Starbucks Mutiny Exposes New York’s Reliance on Coffee Chain’s Toilets – http://t.co/hdHGqtJD #
• Oil Abundance in Canada Provokes Anxiety & Creates Wealth – http://t.co/TltgWCaq #
• Alright, this was epic: Lily Shreds trailside – http://t.co/6ESQUolk /via @davidascher #

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• Interview with Canada's ex-PM Chretien: We could have been Greece of today http://t.co/1PcqsTGU #
• Huge congrats Chris! RT @cdixon: This happened: http://t.co/84iv3oW8 Thanks to everyone at hunch and nyc tech community. #
• David Frum on the GOP’s Lost Sense of Reality – http://t.co/jE90TyGT #
• Riotous recent events in OWS and failure of debt supercommittee are handy clip 'n' save downbound moments for future historians. #
• Video … RT @dkoneill: Worth watching, candid Steve Jobs at Next http://t.co/UcufC0KZ #apple #stevejobs #
• Martin Wolf: How Iceland survived the fire: http://t.co/PCNTeQn5 #
• RGE: Italy Past Point Of No Return http://t.co/mETIONir #
• Salesforce stock off another 6.6% today (in an admittedly awful market). Wish I had shorted more way back when. #
• Is Bloomberg out to dominate the world? Newsweek answers: http://t.co/oFWkv4ZH /via @DRossingh #
• Excellent new Cembalest of JPM on our energy delusions. Here is his list of broken dreams – http://t.co/krqMNgSl #
• I just had a nice conversation via email with Bloomberg help desk about merits of cubic splines. My geeky work here is done. #
• Bloomberg: 10% of all hedge fund capital raised this year went to single fund, Winton Capital #
• Bloomberg: AT&T tells customers of "organized and systematic" hack event. [Insert ATT dropped call joke here ________] #
• What we really is a long-only Tuesdays fund. http://t.co/KIvV29Sb /via @EddyElfenbein #
• Somewhat stretched argument, but interesting data: Low U.S. Birth Rate May Prolong Housing Slump – http://t.co/qcCiql5t #
• Google Gmail IOS app is a cross between awful, maddening and great. #
• .@niccai No, but something else is newly sucking my battery dry on iPhone 4. Wish I knew what. #
• Since upgrading to latest IOS my iPhone 4 batt life has been shit. I thought that was 4S issue only. #
• Driving in La Jolla Cove midday is an augury of what octogenarian-clogged US roads will be like in 2030. So many turn signals always on. #
• Worrisome behavior from an oligopolist: Saudi Aramco CEO urges more action on renewables: http://t.co/jBVkJXX1 /via @drgrist #
• Any day when you get to use "wackaloonishness", "Dr Moreau", and "libertarian" in same email is a good day. #
• Read "Revolutions that Made the Earth" during my Europe & back trip last week. Complex, but recommended. http://t.co/MxCegMoS #
• I want to see a website game called "ETF or Pharmaceutical?" where have to guess about names like Pelax. #
• Holy visualization. RT @anshelsag: @pkedrosky You see this? Its just epic in scale… http://t.co/QZvdrxzJ #
• What to do with unused contact lenses? Turns out you can't sell them on Ebay, etc. Switched brands, and now have extras. #
• Apparently the viz is available. RT @nazarioz: or just purchase the posters, which Randall Munroe is selling in 2 sizes, on Amazon. #
• The Saudis have reached a goal that they haven't set, but not a goal that had set. Victory! http://t.co/qqr29oTt #
• S&P and Moody's reaffirm U.S. credit rating. Whew. #
• Schadenflyingfreude RT @flightstats: Significant flight delays #DFW #DAL #STL updates http://t.co/fNfnQlO1 #
• What is this "phone"? RT @CathleenRitt: We will learn who killed Natalie Wood before we get @pkedrosky on the phone #
• Me too RT @interfluidity: I wish I disagreed with @edwardnh. http://t.co/INiRng1f #

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