Wall Street Journal: Market News

Wall Street Journal: U.S. Business

Robert Reich

  • How to Stop Trump from Stealing the ElectionTrump is likely to...
    How to Stop Trump from Stealing the ElectionTrump is likely to claim that mail-in ballots, made necessary by the pandemic, are rife with “fraud like you’ve never seen,” as he alleged during his debate with Joe Biden – although it’s been sho…
    - 11 hours ago, 20 Oct 20, 8:55pm -
  • The Public, the Personal, and the Utter Hypocrisy of the GOP
    Trump and many Republicans insist that the decisions whether to wear a mask, go to a bar or gym, or...
    - 2 days ago, 18 Oct 20, 10:20pm -
  • Vote NO On CA Prop 22: Reject This Corporate Power GrabHere’s...
    Vote NO On CA Prop 22: Reject This Corporate Power GrabHere’s what you need to know about Proposition 22 on the California ballot, and why I’m urging you to vote NO on this corporate power grab.Right now, massive corporations like Uber, Lyft, Doo…
    - 6 days ago, 14 Oct 20, 9:56pm -
  • How to Beat Republicans at Their Own GameI keep hearing from...
    How to Beat Republicans at Their Own GameI keep hearing from progressives who lament that even if Biden wins, Trump and McConnell have tilted the playing field forever.They point to McConnell’s rush to confirm Trump’s Supreme Court nominee Amy Co…
    - 8 days ago, 13 Oct 20, 5:59pm -
  • The End of Trump’s Fifth Avenue
    “I could stand in the middle of 5th Avenue and shoot somebody and I wouldn’t lose...
    - 9 days ago, 12 Oct 20, 3:31am -
  • 4 Key Takeaways from the Harris-Pence VP DebateThe Vice...
    4 Key Takeaways from the Harris-Pence VP DebateThe Vice Presidential debate didn’t have the fireworks of the first presidential debate but Pence’s lies were just as egregious as Trump’s.The only honest thing about Pence last night was the fly o…
    - 13 days ago, 8 Oct 20, 5:45pm -
  • Empathy for the World’s Least Empathetic Person?I almost found...
    Empathy for the World’s Least Empathetic Person?I almost found myself feeling sorry for Donald Trump. The poor man is “battling” Covid-19. He’s out-of-shape. He’s 74-years old.But hold on: Why should we feel empathy for the least empathetic…
    - 13 days ago, 8 Oct 20, 4:01pm -

Naked Capitalism

Overcoming Bias

  • Personal Energy Apps
    Long ago I noticed that the most successful people I had met also tended to have pretty high personal ‘energy.’ They talked fast, fidgetted, moved around a room more, needed less sleep, could drink more before they collapsed, etc. It … Continue…
    - 14 hours ago, 20 Oct 20, 6:10pm -
  • Contra-Counting Coalitions Value Variety
    These events probably happened in the reverse order, but imagine if humans inventing counting after herding. That is, imagine a community long ago which herded animals, and where having a better herd was a big mark of higher status. Since … Continu…
    - 3 days ago, 18 Oct 20, 5:30pm -
  • Socialism: A Gift You’d Exchange?
    After reading and reviewing a book by a socialism critic, I then did a book by an advocate. Then some told me “No, here is the advocate book you should have read.” I tried one of them: Nathan Robinson’s Why … Continue reading →
    - 7 days ago, 14 Oct 20, 5:30pm -
  • What Do Workers Want?

    - 10 days ago, 11 Oct 20, 10:40am -
  • The Socialist Manifesto
    As I’ve read criticisms of socialism, I thought I should read some advocates. This seemed promising: Bhaskar Sunkara, The Socialist Manifesto: The Case for Radical Politics in an Era of Extreme Inequality (April 2019) … What, exactly, is socialis…
    - 12 days ago, 9 Oct 20, 5:15pm -
  • Rulesy Folks Push Paternalism
    “The Tudor landowning justice of the peace (J.P.) was the greatest of of paternalists, rivaled only by the Tudor judges and privy councilors who who controlled the J.P.s. … They wanted to regulate the prices of bread, beer, and wool, … Continue…
    - 20 days ago, 1 Oct 20, 2:00am -
  • Yay Parliaments
    Voters may like the idea of direct democracy, but as Garett Jones mentions in 10% Less Democracy, most scholars agree that representative democracy produces better outcomes. Similarly, while voters may thrill more to directly choose their top leader,…
    - 22 days ago, 28 Sep 20, 9:30pm -
  • Why Not Clearer Legitimacy?
    In political science, legitimacy is the right and acceptance of an authority, usually a governing law or a regime, … a system of government, … without which a government will suffer legislative deadlock(s) and collapse. … Unpopular régimes sur…
    - 23 days ago, 28 Sep 20, 5:21pm -
  • Our Hidden Motive To Submit
    Dominance and submission are deeply embedded in animal and primate psychology, yet foragers had a strong norm against both, though they embraced the somewhat similar concept prestige. And we humans today retain this forager norm. So dominance and sub…
    - 23 days ago, 27 Sep 20, 9:15pm -
  • Abstract Views Are Coming
    Two years ago I predicted that the future will eventually take a long view: If competition continues for long enough, eventually our world should contain units that do care about the distant future, and are capable of planning effectively over … Co…
    - 24 days ago, 26 Sep 20, 8:45pm -

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 -