Humility. I just had one of the most profound conversations that I can remember with a guy who has taken an entirely different path through the same twenty-nine years we have been on the planet to arrive at the same place where I arrived tonight at an event with a bunch of “Internet” people down [...]
As this article on Naked Capitalism points out, some of the smartest pessimists out there are starting to get significantly more bearish lately. I have hesitated to to publish some of this content, but I think it is worthwhile to consider positions like the ones discussed here: Roubini Foresees Possible Market Shutdown After the Fed, [...]
I have often said that I like to try to predict the future. This materializes most concretely in the area of investing – I think the core being an investor is literally attempting to predict how the world will look in the future. If your view is different from other people, and you are correct, [...]
According to Bloomberg, projected losses in the corporate CDO market may approach $1T. CDO Cuts Show $1 Trillion Corporate-Debt Bets Toxic Investors are taking losses of up to 90 percent in the $1.2 trillion market for collateralized debt obligations tied to corporate credit as the failures of Lehman Brothers Holdings Inc. and Icelandic banks send [...]
I ordinarily do not like to post simple links here on my blog (I prefer My Twitter page for this). However, I wanted to share this with those of you who don’t use Twitter, as I think you should really check out this content if you have some time. Or rather, you should try to [...]
“I want you to want to clean the dishes.” Brooke Myers to Gary Grobowski in the 2006 movie The Breakup. Today in a philosophy course on free will and morality, we discussed the distinction between first-order and second-order desires. In the above mentioned scene, Jennifer Aniston’s second-order want was frustrated by Vince Vaughn’s lack of [...]
Below are my notes from a panel during this week’s HBS Centennial Celebration. The Panel, hosted by HBS Professor Stacey Childress, featured 4 of the leading entrepreneurs making changes in education nationwide. Steve Barr - Founder of Green Dot; Kevin Johnson – Founder of St. Hope and Sacramental Mayoral candidate; Michelle Rhee - Washington D.C. Schools superintendent, and Wendy [...]
The Reality: We are facing real challenges. I really hate to admit it, but I think there is more bad news on the horizon. The news coming out of the hedge fund industry is really troubling, and the issue with this industry’s challenges (like that of the banking industry) is that as these firms are forced [...]
America won the debate tonight. The candidates agreed on 1 thing – education. Regardless of our politics this issue is the most important for our future. Now let’s hold them to their promises. addthis_url = ‘http%3A%2F%2Fparanoidbull.com%2F2008%2F10%2Fwho-won-the-debate-video%2F’; addthis_title = ‘Who+Won+The+Debate%3F+America.+%28Video%29′; addthis_pub = ”;
There is always a large amount of uncertainty. It is much harder to stomach when there is volatility. When things are good, it feels great. When things fall, it hurts like hell. There is always room for improvement. Not all ideas are good ideas. Everyone has their own strategy. While there are lots of guidebooks, [...]