A documentary film on the history of the venture capital business – Something Ventured – is in post-production. You can view a clip here.
Manger Craig Steury uses initial screening criteria to identify top performers and then reviews key indicators to choose equities for his Algorithmic Trading model. The model trades on a computerized system and utilizes short-term trading strategies. While it is no longer in the model, on December 20th he added shares […]
From artist Blake Fall-Conroy: The minimum wage machine allows anybody to work for minimum wage. Turning the crank will yield one penny every 5.04 seconds, for $7.15 an hour (NY state minimum wage). If the participant stops turning the crank, they stop receiving money.
Watch reruns… and learn! Three academics created a site that contains over 100 Seinfeld clips that illustrate principles of the dismal science. As they see it: It is the simplicity of Seinfeld that makes it so appropriate for use in economics courses. Using these clips… makes economic concepts come alive, […]
Groupon shmoupon. Wired’s latest issue features a piece on ninja online bargain shoppers who show just how far traditional coupon snipping has come. There’s a woman who drives away from a food shopping trip with $80 worth of groceries and and a payment from the store – ““I actually made […]
The Department of Labor released its Regional and State Employment and Unemployment Summary for November today. The report (which you can read here) shows that the unemployment rate increased in 21 states and the District of Columbia. The unemployment rate decreased in 15 states and remained the same in 14. […]
Tim Price is right: “The real takeaway here is that “the Amalgamated Order of Real Bearded Santas is a thing that exists.” Not only that, but they have a website, and some photos to share:
Ebay coined the term Green Monday to refer to its best sales day in December, which is usually the second Monday of the month. The term has come to be used generally in e-commerce circles to describe that traditionally heavy online shopping day. As described in this BuySight infographic based […]
An unusual and rather classy response from a company executive to a shortseller of his stock. Interesting that Hastings chose Seeking Alpha to publish his response – it’s a nice exclusive for my former employer. The money quote from Hastings: I have to agree with my friend Whitney that there […]
The latest data from Zillow indicate that American homes will have lost more value by the end of this year than they did in 2009 – down a total of $1.7 trillion in 2010 vs. a $1 trillion decline a year ago. Richard Florida produced a helpful chart of the […]
“Two grams, which that means (sic) it costs over a hundred dollars… People love it!” Sigh… The AP reporter only says the pricing is “based on market value.” Wouldn’t you think she’d actually, you know, take a look at that market value? Let’s see, if they’re selling 10 grams for $482 […]