efficient markets? ha!

The stock markets for the past 3 weeks has been just fascinating. And by fascinating, I mean quite crazy and on most days, quite painful. I studied Finance at Rutgers, and we learned a lot about how “efficient” the markets were. How all available and whispered about information is efficiently synthesized by the vast army […]

tech bubble 2.0: coming soon to a market near you?

I shudder to even type the words, but I wonder if another stock market tech bubble is forming. The last time we were here, at the end of the last decade, everyone’s cash flowed into tech and telecom because it seemed like a sure thing. Exuberance all around. Today, the exuberance is missing– but the […]

cannibals, baby. cannibals.

A few years ago, in stray thoughts I constructed a grand theory explaining how our society was descending into cannibalism. Let’s start with Costco and Starbucks, two companies that take very good care of their employees. I believe the starting hourly pay at a Costco is $10 and healthcare resulting in most employees earning a […]