Wall Street Journal: Market News

Wall Street Journal: U.S. Business

Robert Reich

Naked Capitalism

Overcoming Bias

  • How Deviant Recent AI Progress Lumpiness?

    - 1 day ago, 23 Mar 18, 3:40pm -
  • Growth Is Change. So Is Death.
    The very readable book The Wizard and the Prophet tells the story of environmental prophet William Vogt investigating the apocalypse-level deaths of guano-making birds near Peru. When he discovered the cause in the El Nino weather cycle, his policy r…
    - 16 days ago, 8 Mar 18, 11:45pm -
  • Study Resistance To Widened Political Polarization
    Tyler Cowen today: Consider how an economy might work if buying decisions were made on a consistently ideological basis. Imagine a “right-wing” supermarket chain and a “left-wing” alternative. … The history of Northern Ireland shows a great…
    - 16 days ago, 8 Mar 18, 7:15pm -
  • The Model to Beat: Status Rank
    There’s been much discussion of income inequality over the last few years. However, I just randomly came across what should be a seminal related result, published in 2010 but mostly ignored. Let me do my bit to fix that. People … Continue reading…
    - 20 days ago, 4 Mar 18, 4:15pm -
  • Beware Covert War Morality Tales
    For years I’ve been saying that fiction is mainly about norm affirmation: Both religion and fiction serve to reassure our associates that we will be nice. In addition to letting us show we can do hard things, and that we … Continue reading →
    - 23 days ago, 1 Mar 18, 3:53pm -
  • Bad-News Boxes
    Many firms fail to pass bad news up the management chain, and suffer as a result, even though simple fixes have long been known: Wall Street Journal placed the blame for the “rot at GE” on former CEO Jeffrey Immelt’s … Continue reading →
    - 25 days ago, 27 Feb 18, 7:34pm -
  • Signal Inertia
    For millennia, we humans have shown off our intelligence via complicated arguments and large vocabularies, health via sport achievement, heavy drink, and long hours, and wealth via expensive clothes, houses, trips, etc. Today we appear to have the mo…
    - 29 days ago, 23 Feb 18, 6:50pm -
  • On Value Drift
    The outcomes within any space-time region can be seen as resulting from 1) preferences of various actors able to influence the universe in that region, 2) absolute and relative power and influence of those actors, and 3) constraints imposed by … Co…
    - 32 days ago, 21 Feb 18, 5:45am -
  • Small Change Good, Big Change Bad?
    Recently I posted on how many seek spiritual insight via cutting the tendency of their minds to wander, yet some like Scott Alexandar fear ems with a reduced tendency to mind wandering because they’d have less moral value. On twitter … Continue r…
    - 39 days ago, 13 Feb 18, 10:15pm -
  • How Human Are Meditators?
    Someday we may be able to create brain emulations (ems), and someday later we may understand them sufficiently to allow substantial modifications to them. Many have expressed concern that competition for efficient em workers might then turn ems into…
    - 42 days ago, 11 Feb 18, 1:40am -

Information Arbitrage

  • Recycling: The challenge and the opportunity for a Seed stage VC
    My recent post gave rise to a host of questions around the issue of recycling. What does it mean? How do you do it? And what are the implications for venture investors? I attempted to respond in a Tweetstorm, but recycling is a complicated issue that…
    - 5 Oct 16, 8:48pm -
  • The TTD Investment and the IA Ventures Model
    A Little HistoryIA Ventures began life a little less than seven years ago, just as the world was coming out of the worst economic crisis since the Great Depression. The term “Micro VC” had yet to be coined. “Big Data” was still somewhat myste…
    - 29 Sep 16, 1:25am -
  • Welcoming John to IA
    Brad, Jesse and I are happy to announce that our friend and colleague, John Hadl, is joining IA Ventures as Venture Partner, effective immediately. We have personally gotten to know John over the past four years due to our shared investment in PlaceI…
    - 12 Mar 15, 8:29pm -
  • Crowdfunding for start-ups: A durable trend or a bull market phenomenon?
    Angel investing is red hot as is the concept of crowdfunding start up investment. Part of this phenomenon has been driven by the emergence of AngelList, the brainchild of Naval Ravikant. What started out as a way for a curated set of angels to inves…
    - 23 Nov 14, 10:44pm -
  • Financial interaction: the next generation
    I have spent over 25 years creating, processing and analyzing financial transactions. I like studying them - a lot - whether an outgrowth of my time on Wall Street helping sophisticated entities manage risks, or through IA Ventures’ investments in…
    - 25 Feb 14, 10:43pm -
  • IA Ventures: Reflections on 2013
    2013 was a very different kind of year for IA Ventures. While the years 2010-12 were characterized by 8-10 new investments per year, in 2013 we invested in only three new companies: Data Robot; Digital Ocean (DO) and Sight Machine (SM). Digital Ocean…
    - 3 Jan 14, 8:28pm -
  • “If you can’t do something willingly and joyfully, then don’t do it. If you give...
    “If you can’t do something willingly and joyfully, then don’t do it. If you give up drinking, don’t go moaning about it; go back on the bottle. Do. As. Thou. Wilt." - The late Peter O'Toole
    - 16 Dec 13, 1:05pm -
  • Venture Capital and "Innovation"
    Many have recently been critical of the role of the venture industry in financing “true innovation.” The narrative goes something like this: “VCs are like lemmings, flocking to the latest consumer wave (mobile chat, ride-sharing, etc.) in searc…
    - 16 Dec 13, 2:41am -
  • Evidence is mounting that people at the bottom are increasingly stuck without skills or pathways to...
    Evidence is mounting that people at the bottom are increasingly stuck without skills or pathways to rise. Research from the Federal Reserve Bank of Boston shows that in the 1980s, 21 percent of Americans in the bottom income quintile would rise to…
    - 15 Dec 13, 1:51pm -
  • Soft is the new Hard
    I live in a world where engineering and technical talent is valued above all others, where the Holy Grail is a “coding ninja” who can crank out oodles of elegant code at a breakneck pace. These people speak a language that is distinct and only un…
    - 14 Nov 13, 4:32am -