Wall Street Journal: Market News

  • What If Apple's Supercycle Isn't So Super
    Early concerns about Apple’s iPhone 8 and cell-connected watch provide a rough start to what needs to be a big year.
    - 14 hours ago, 22 Sep 17, 8:56pm -
  • Tesla's SolarCity Hangover
    Car maker’s investors should be concerned after solar-panel unit’s Justice Department settlement over allegations of False Claims Act violations.
    - 14 hours ago, 22 Sep 17, 8:29pm -
  • Death of World's Richest Woman Sets Stock Scramble in Motion
    L’Oréal billionaire Liliane Bettencourt’s passing opens the door to shareholder-friendly maneuvers at some of Europe’s most storied companies.
    - 21 hours ago, 22 Sep 17, 1:32pm -
  • Nintendo Switches on the Growth
    Japanese videogame maker Nintendo is having another renaissance, but execution remains an obstacle to realizing investors’ lofty expectations.
    - 1 day ago, 22 Sep 17, 10:00am -
  • Americans Are Richer; Why Are They Still Cautious?
    U.S. household net worth reached a record $96.2 trillion in the second quarter, the Fed reported, but, if households are feeling flush, they aren’t acting like it.
    - 2 days ago, 21 Sep 17, 7:47pm -
  • Why It's So Hard for Europe's Big Banks to Do Big Deals
    Everyone wants bank deals in Europe—the problem is finding one acceptable to investors, executives, regulators and politicians. Commerzbank is a case in point.
    - 2 days ago, 21 Sep 17, 2:37pm -
  • Fed Paves the Way for the ECB to Follow
    The Federal Reserve’s persistence in signaling rising interest rates may help the European Central Bank by tempering the euro’s strength.
    - 2 days ago, 21 Sep 17, 2:36pm -
  • What China's Downgrade Signals to Investors
    A global rating agency has once again downgraded China, and there is little new information for investors to digest. It may however be worth reading between the lines.
    - 2 days ago, 21 Sep 17, 2:28pm -

Wall Street Journal: U.S. Business

  • Investors Mull Future of L'Oréal, Nestlé After Death
    The death of Liliane Bettencourt has placed a question mark over the decadeslong ties between L’Oréal and Nestlé, two of the world’s largest consumer-goods companies.
    - 2 hours ago, 23 Sep 17, 8:29am -
  • Siemens, Alstom in Talks to Merge Rail Transportation Businesses
    German industrial giant Siemens and French train-maker Alstom are in talks to create a European rail transportation powerhouse to better rival strong competition from China.
    - 8 hours ago, 23 Sep 17, 2:53am -
  • Trade Decision Roils U.S. Solar Industry
    Trade protection for U.S. solar panel makers could be a boon for the few domestic manufacturers left in the country, but a drag for the companies that install and sell solar systems to homeowners, businesses and utilities, which worry that it would l…
    - 9 hours ago, 23 Sep 17, 2:22am -
  • Want to Be a Fed Governor? Better Pretend to Be From Somewhere Else
    Congressman “Alfalfa Bill” in 1913 tried to make sure Wall Street wouldn’t dominate the Federal Reserve Board, which is why nominee Randal Quarles of Utah insists he’s from Colorado.
    - 9 hours ago, 23 Sep 17, 1:48am -
  • London Says It Won't Reissue Uber's License
    London’s top transport authority stripped Uber of its private-car hire license in the city, threatening to shut the company out of one of its biggest markets.
    - 9 hours ago, 23 Sep 17, 1:41am -
  • Facebook Abandons Plans to Change Share Structure, Avoiding Lawsuit
    Facebook abruptly abandoned a plan to change its stock structure that would have given Mark Zuckerberg more control, the latest in a string of reversals by the social-media giant as it fends off controversies on several fronts.
    - 10 hours ago, 23 Sep 17, 1:10am -
  • U.S. Agency Backs Import Protection for Solar-Panel Industry
    President Trump’s pledge to offer American companies more aggressive protection from foreign competition got fresh ammunition Friday, when a government board cleared the way for him to deploy a long-dormant legal weapon to restrict solar panel impo…
    - 10 hours ago, 23 Sep 17, 1:03am -
  • GM to Eliminate Shift at Tennessee SUV Plant, Lay Off Hundreds
    General Motors will lay of several hundred workers at a sport-utility plant in Tennessee, a sign that the slowdown in the broader car market is spreading to once-hot SUVs.
    - 11 hours ago, 22 Sep 17, 11:33pm -

Robert Reich

Naked Capitalism

Overcoming Bias

  • Humans Cells In Multicellular Future Minds?
    In general, adaptive systems vary along an axis from general to specific. A more general system works better (either directly or after further adaptation) in a wider range of environments, and also with a wider range of other adapting systems. … Co…
    - 2 days ago, 21 Sep 17, 9:00pm -
  • Prediction Markets Update
    Prediction markets continue to offer great potential to improve society at many levels. Their greatest promise lies in helping organizations to better aggregate info to enable better key decisions. However, while such markets have consistently perfor…
    - 4 days ago, 19 Sep 17, 1:45am -
  • Prepare for Nuclear Winter
    If a 1km asteroid were to hit the Earth, the dust it kicked up would block most sunlight over most of the world for 3 to 10 years. There’s only a one in a million chance of that happening per … Continue reading →
    - 9 days ago, 14 Sep 17, 2:15pm -
  • Too Much of a Good Thing
    When people are especially eager to show allegiance to moral allies, they often let themselves be especially irrational. They try not to let this show, but most aren’t very good at hiding it. One cute way to watch this behavior … Continue reading…
    - 12 days ago, 11 Sep 17, 3:00pm -
  • MRE Futures, To Not Starve
    The Meal, Ready-to-Eat – commonly known as the MRE – is a self-contained, individual field ration in lightweight packaging bought by the United States military for its service members for use in combat or other field conditions where organized fo…
    - 14 days ago, 9 Sep 17, 2:15pm -
  • Tegmark’s Book of Foom
    Max Tegmark says his new book, Life 3.0, is about what happens when life can design not just its software, as humans have done in Life 2.0, but also its hardware: Life 1.0 (biological stage) evolves its hardware and software … Continue reading →
    - 21 days ago, 2 Sep 17, 1:05pm -
  • Forager v Farmer, Elaborated
    Seven years ago, after a year of reading up on forager lives, I first started to explore a forager vs. farmer axis: A lot of today’s political disputes come down to a conflict between farmer and forager ways, with forager … Continue reading →
    - 23 days ago, 31 Aug 17, 11:25am -
  • Meaning is Easy to Find, Hard to Justify
    One of the strangest questions I get when giving talks on Age of Em is a variation on this: How can ems find enough meaning in their lives to get up and go to work everyday, instead of committing suicide? … Continue reading →
    - 25 days ago, 29 Aug 17, 9:35pm -
  • Entrenchit Happens
    Most artificial systems, made by humans, slowly degrade over time until they become dysfunctional, and are replaced. Such systems rarely change or improve over time, and so are sometimes replaced while still functional, with new improved competitors.…
    - 26 days ago, 28 Aug 17, 9:01pm -
  • Can Human-Like Software Win?
    Many, perhaps most, think it obvious that computer-like systems will eventually be more productive than human-like systems in most all jobs. So they focus on how humans might maintain control, even after this transition. But this eventuality is less…
    - 28 days ago, 26 Aug 17, 9:20pm -

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 -