Wall Street Journal: U.S. Business

  • Icahn to Oppose Dell's Purchase of DVMT Tracking Shares
    Carl Icahn revealed an 8.3% stake in DVMT and says he plans to vote against Dell’s plan to buy the stock as part of a deal intended to return Dell to the public markets.
    - 15 Oct 18, 8:30pm -
  • A Drama CBS Can't Cancel---the One in Its Boardroom
    CBS sought to turn the page on upheaval when Leslie Moonves stepped down as chairman and chief executive. Instead, the boardroom drama continued.
    - 15 Oct 18, 8:22pm -
  • How Robots and Drones Will Change Retail Forever
    What if you could store and deliver goods as easily as data? Amazon, Walmart and others are using AI and robotics to transform everything from appliance shopping to grocery delivery. Welcome to the physical cloud.
    - 15 Oct 18, 7:51pm -
  • Google Pixel 3 Review: This Phone Upgrades the Whole Android Universe
    The Pixel 3 is Google’s best Android device on the market, even beating the iPhone in a number of important ways. Its processor is fast, screen is vivid and colorful and the camera is better than ever, especially for selfies.
    - 15 Oct 18, 7:48pm -
  • U.S. Government Deficit Grew 17% in Fiscal 2018
    The federal deficit widened last year amid higher government spending—including rising interest costs on the debt and increased funding for the military—and flat revenues following last year’s tax cut.
    - 15 Oct 18, 7:43pm -
  • Superdry Loses Its Cool as Warm Weather Hits Sales
    Shares in Superdry plunged 21% after the British clothing brand warned hot weather in Europe and the U.S. had hit demand for its jackets and sweats.
    - 15 Oct 18, 7:31pm -
  • U.S. Tax Changes Hit Global Investment Flows
    Global business investment flows fell sharply in the first six months of the year, as U.S. companies repatriated profits in response to changes in the country’s tax law, the United Nations said.
    - 15 Oct 18, 7:29pm -
  • Yellen Calls Trump's Attack on Fed Counterproductive
    Former Fed Chairwoman Janet Yellen said President Trump’s attacks on the central bank could be counterproductive if they cause investors to doubt the Fed’s commitment to keeping inflation in check.
    - 15 Oct 18, 5:38pm -

Robert Reich

  • Trump’s 2020 Election Strategy in 25 StepsTrump will do anything...
    Trump’s 2020 Election Strategy in 25 StepsTrump will do anything to be re-elected. His opponents are limited because they believe in democracy. Trump has no limits because he doesn’t.Here’s Trump’s re-election playbook, in 25 simple steps:1.…
    - 3 days ago, 30 Jun 20, 4:55pm -
  • America is Exceptional in All the Wrong WaysAs our incompetent...
    America is Exceptional in All the Wrong WaysAs our incompetent president flounders in the face of crises – leading the worst coronavirus response in the industrialized world, and seeking to crush nationwide protests for black lives – the hard tru…
    - 10 days ago, 23 Jun 20, 7:52pm -
  • Who’s Really Looting America?As hundreds of thousands take to...
    Who’s Really Looting America?As hundreds of thousands take to the streets to protest ruthless police killings of Black Americans and centuries of systemic racism, Donald Trump and his enablers have been quick to cast the protesters as violent “lo…
    - 16 days ago, 17 Jun 20, 8:19pm -
  • 7 Ways 2020 Has Exposed AmericaIf we learn nothing else from...
    7 Ways 2020 Has Exposed AmericaIf we learn nothing else from these dark times, here are 7 lessons we should take away from 2020:1. Workers keep America going, not billionaires. American workers are forced to put their lives on the line to provide ess…
    - 16 days ago, 17 Jun 20, 8:11pm -
  • Who Benefits From Racism?
    Jamie Dimon, chief executive of JPMorgan Chase, took the knee last week before cameras at a branch...
    - 16 days ago, 17 Jun 20, 1:06am -
  • The Deadly Fox News-Trump SyndicateAs the coronavirus crisis...
    The Deadly Fox News-Trump SyndicateAs the coronavirus crisis rages on, Fox News is contributing almost as much to the deaths and disease as is Trump’s White House.Trump spouts a shocking amount of misinformation during his daily press briefings, bu…
    - 24 days ago, 9 Jun 20, 9:48pm -
  • Trump’s Presidency is Over
    You’d be forgiven if you hadn’t noticed. His verbal bombshells are louder than ever, but Donald J....
    - 31 days ago, 2 Jun 20, 11:16pm -

Naked Capitalism

Overcoming Bias

  • Board Games As Policy Arguments
    When we want to convince others to support our policy positions, we often tell stories. We tell people about things that happened to us, to people we know, and to people we’ve heard of. Journalists tell stories about what happened … Continue read…
    - 11 hours ago, 3 Jul 20, 12:30am -
  • Seeking Robust Credible Expertise Buyers
    On Jan 19, 2000, I posted an email to the Extropians mailing list, giving the first public mention of the futarchy idea. (I also have a detailed PPT on the idea dated June 22, 2000, and the first pdf paper … Continue reading →
    - 1 day ago, 2 Jul 20, 1:00am -
  • Problem-Owners Tolerate Risk
    In theory, both risk aversion and value of life year relative to income are mainly set by utility function concavity. However, as both also show puzzlingly large empirical variation, there is apparently a lot more going on than a simple … Continue…
    - 3 days ago, 30 Jun 20, 12:15am -
  • Risk-Aversion Sets Life Value
    Many pandemic cost-benefit analyses estimate larger containment benefits than did I, mainly due to larger costs for each life lost. Surprised to see this, I’ve been reviewing the value of life literature. The key question: how much money (or resour…
    - 10 days ago, 23 Jun 20, 1:00am -
  • The Commanding Heights of Culture
    In war, each side strives to control the “commanding heights”. These are places, usually elevated, where it is easier to defend, harder to attack, and especially valuable for helping your other military units. Hilltops, walls, bridges, towns, har…
    - 18 days ago, 15 Jun 20, 1:15am -
  • Toward A University Department of Generalists
    The hard problem then is how to get specialists to credit you for advancing their field when they don’t see you as a high status one of them. (more) Many of my most beloved colleagues, and also I, are intellectual … Continue reading →
    - 20 days ago, 13 Jun 20, 12:07am -
  • On Our Own
    When you are treated unjustly, so much that it bothers you a lot, on ave. what % of time would your complaining about it publicly be a net win for you, in terms of trouble, respect, & getting treated more … Continue reading →
    - 22 days ago, 11 Jun 20, 1:40am -
  • No Recent Automation Revolution
    Unless you’ve been living under a rock, you know that for many years the media has been almost screaming that we entering a big automation revolution, with huge associated job losses, due to new AI tech, especially deep learning. The … Continue r…
    - 24 days ago, 9 Jun 20, 9:15pm -
  • Philosopher Kings in Blue?
    When things go wrong in our lives, we are often tempted to invoke governments to fix them. So we add more systems wherein governments do things, and we make more laws to influence what other people do. However, in the … Continue reading →
    - 25 days ago, 7 Jun 20, 11:18pm -
  • Missing Model: Too Much Do-Gooding
    Grim view of human nature … is mistaken, a persistent and counterproductive myth. … the evidence for mass selfishness is extremely thin. … The surprising truth is that people tend to be­have decently in a crisis. To the British, the … Contin…
    - 26 days ago, 7 Jun 20, 2:45pm -

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 -