February 2009
24 posts
“Western equity investors have been spoiled beyond recognition. I mean, if you...”
– Going Private - check out the full “directors cut” of The Spiral
“If the president can resurrect the economy and rapidly bring the deficit down at...”
– FT Lex
Coolest business card ever →
FRONTLINE flashback: "glory days" →
The Value of Not Being Sure →
via ZeroHedge
Recipe for Disaster: The Formula That Killed Wall... →
Copula models hit the mainstream
Stimuluswatch.org →
Haven’t had any music here for...
Recession? No, It's a D-process, and It Will Be... →
Excellent interview with Ray Dalio, founder of Bridgewater
“The Geithner non-plan TARP 2 plan is now (mostly) out, and it is about as...”
– Infectious Greed
Taleb and and Kahneman discussion →
More of Taleb saying he’d rather pay insurance and wait for the big event than pick up nickels in front of the steamroller. Kahneman’s insight into the mismatch between individuals’ and ‘the firm’s’ goals is interesting, though.
Loss Aversion, Evolution and Risk Complacency
eightfatswine:
Abundance and the Move Away from Our Own Nature All this brings us back to the discussion which began this missive concerning the unmatched era of resource abundance that has characterized the last 60 plus years in the U.S. 60 years is plenty of time for our preferences and habits as a society to shift drastically but not nearly enough time for evolution to influence our...
“So don’t follow the money. Follow the excitement. The people inventing the...”
– Tim O’Reilly - Where Real Innovation Happens - Forbes.com (via bijan) (via fred-wilson) 