January 4, 2009 – 1:59 pm
I’ve been reading the blog Overcoming Bias sporadically over the last several months, and I’ve learned a lot from it. The topic, naturally, is examining ways that cognitive biases affect how we think, and if you haven’t already delved into the ideas, you’ll be amazed when you come to understand just how much these biases [...]
September 13, 2008 – 3:47 pm
Seth Godin’s blog doesn’t seem to allow comments, so here we are.
I really like the theme of his most recent post, “Breakage“: you have to be careful with your customers. You might go years upping prices bit by bit, then all of a sudden lose half your customers before you know it. Massive swings like [...]
September 11, 2008 – 12:25 am
I didn’t watch every presentation. I probably saw 10 in person and streamed another dozen or so from home. I also didn’t pay to attend the conference. I volunteered for free admission, which meant showing up for a couple hours on Sunday to chat with the organizers beforehand, then showing up early Monday morning to [...]
September 9, 2008 – 6:09 pm
I just learned of this idea today, and it caught my attention. The post I’m referring to: http://hanson.gmu.edu/futarchy.html
The two sentence version:
In futarchy, democracy would continue to say what we want, but betting markets would now say how to get it. That is, elected representatives would formally define and manage an after-the-fact measurement of national welfare, [...]
August 21, 2008 – 2:49 pm
There’s an excellent (once-a-month excellent, if I can say that) article that appeared on the nyt website yesterday on Barack Obama’s economics philosophy, and ideas for what we need to do to fix the state we’re in. If you have time (it’s 8 pages, but worth it), it explains a lot about the politics [...]
August 16, 2008 – 12:52 am
Innovation and entrepreneurship are two of my favorite foods for thought, so naturally their intersection grabs my attention. Pushing entrepreneurship forward–whether by getting more people excited enough to try it, lowering the barriers to reasonable success, bringing more investor money to bear on funding great people with good ideas, or attacking the challenge from any [...]
August 15, 2008 – 2:31 pm
People justifiably have strong opinions on the “everything’s free” model that google, facebook, linkedin (mostly), and most of the biggest up-and-comers in the new web espouse. The conversation reached mass proportions a while ago when it made the cover of Wired, but I found a couple more interesting perspectives this week, and they tie in [...]
It started popping up in the news throughout Tuesday, and got the front-page writeup Wednesday: after 7 years of trying, the Doha round of free trade talks have been declared over with zero agreed on.
The NYTimes and others write in detail about what the US says on one side, and what India and China say [...]
If you have been following my friendfeed, you may have noticed I decided sharing my delicious links there was overkill, so I stopped. Instead, I’m going to try summing up a few interesting blog posts I’ve read and websites I’ve seen this past week. I may stick to this, I may do it more often, [...]
We’ve all heard it a number of places over the years, I imagine: actively-managed funds basically never beat the market anymore. But a study published about a year ago finally sounds like it used the right statistics to answer the question. It’s covered in this NYT article: The Prescient Are Few.
Here are some excerpts, if [...]