Wall Street Journal: Market News

Wall Street Journal: U.S. Business

Robert Reich

  • 7 Signs of TyrannyAs tyrants take control of democracies, they...
    7 Signs of TyrannyAs tyrants take control of democracies, they typically do 7 things:1. They exaggeratetheir mandate to govern – claiming, for example, that they won an election by a“landslide” even after losing the popular vote. They cri…
    - 2 days ago, 21 Feb 17, 7:37pm -
  • Why Trumponomics Fails
    When Donald Trump gave a speech last Friday at Boeing’sfactory in North Charleston, South Carolina...
    - 5 days ago, 19 Feb 17, 1:12am -
  • The Republican Tax ShamWatchyour wallets. Republicans are...
    The Republican Tax ShamWatchyour wallets. Republicans are pushing a new corporate tax plan that will end upcosting most of you a bundle. Here’s what you should know about the so-called“border adjustment tax." The U.S. imports about $2.7 trill…
    - 5 days ago, 18 Feb 17, 6:55pm -
  • Trump’s Most Shameful Act So Far
    On Sunday, White House Senior Advisor StephenMiller claimed 14 percent of non-citizens...
    - 7 days ago, 16 Feb 17, 5:27pm -
  • Michael Flynn and the 6 Big Questions
    The American public deserves to know the answers to at least the first five of these questions, and...
    - 9 days ago, 14 Feb 17, 4:21pm -
  • The White House Mess
    Donald Trump sold himself to voters as a successfulbusinessman who knew how to get things done, a...
    - 10 days ago, 14 Feb 17, 12:52am -
  • The 4 Dangerous Syndromes of Coping with TrumpWith Donald Trump...
    The 4 Dangerous Syndromes of Coping with TrumpWith Donald Trump as president, some of you may be tempted to succumb to one of the following 4 syndromes. Please don’t.1. Normalizer Syndrome. You want to believe Trump is just another president – mo…
    - 10 days ago, 13 Feb 17, 10:27pm -

Naked Capitalism

Overcoming Bias

  • Cowen On Complacency
    A week ago I summarized and critiqued five books where Peter Turchin tries to document and explain two key historical cycles: a several century cycle of empires rising and falling, and a fifty year alternating-generations cycle of instability when em…
    - 8 hours ago, 23 Feb 17, 4:54pm -
  • The Elephant in the Brain
    One of the most frustrating things about writing physical books is the long time delays. It has been 17 months since I mentioned my upcoming book here, and now, 8.5 months after we submitted the full book for review, & … Continue reading →
    - 2 days ago, 21 Feb 17, 3:10pm -
  • Cycles of War & Empire
    I’ve just read five of Peter Turchin’s books: Historical Dynamics (2003), War & Peace & War (2006), Secular Cycles (2009), Ultra Society (2015), and Ages of Discord (2016). Four of them in the last week. I did this because I … Continue reading…
    - 7 days ago, 16 Feb 17, 8:30pm -
  • On Homo Deus

    - 11 days ago, 12 Feb 17, 5:00pm -
  • Why We Mix Fact & Value Talk
    For a while now I’ve been tired of the US political drama, and I’ve been hoping that others would tire of it as well. Then maybe we could talk about something else, like say, my books. So I was thinking … Continue reading →
    - 12 days ago, 11 Feb 17, 6:25pm -
  • Both Plague & War Cut Capital Share?
    I just finished reading Walter Scheidel’s The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century, and found myself agreeing with Scheidel against his critics. Scheidel is a historian who says that i…
    - 14 days ago, 10 Feb 17, 2:05am -
  • Neglected Big Problems
    Some problems are often mentioned in media, such as global warming, war, medical funding, political conflicts. Some problems are less often mentioned in media, but still often discussed in academic publications: encouraging innovation, managing large…
    - 18 days ago, 5 Feb 17, 2:40pm -
  • Surprising Popularity
    This week Nature published some empirical data on a surprising-popularity consensus mechanism (a previously published mechanism, e.g., Science in 2004, with variations going by the name “Bayesian Truth Serum”). The idea is to ask people to pick f…
    - 25 days ago, 29 Jan 17, 4:30pm -
  • Status Hypocrisy
    Humans (and some other animals) recognize two kinds of status: good and bad. Good status is “prestige” while bad status is “dominance.” Here is Trump today saying the US wants to be high status in the world, but only via … Continue reading…
    - 34 days ago, 21 Jan 17, 3:25am -
  • Future Gender Is Far
    What’s the worst systematic bias in thinking on the future? My guess: too much abstraction. The far vs. near mode distinction was first noticed in future thinking, because the effect is so big there. I posted a few weeks ago that … Continue read…
    - 44 days ago, 10 Jan 17, 10:40pm -

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 -