jakarta

60 ms·

541.
by jakarta 17y ago
I don't see why you would not offer mortgages. The point of a bank is to have a healthy net interest margin on the funds that they are borrowing and the funds they are loaning out. Mortgages are like having a long term contract where that m
542.
by jakarta 17y ago
Take some time to read about what Vernon Hill did at Commerce Bancorp. Hill came from a non-banking background, he was an owner of Burger King franchises. As a result though, he really figured out that one of the keys to creating a thriving
543.
Andy Grove's Prescription for Health Care(bits.blogs.nytimes.com)
1 points by jakarta 17y ago|0 comments
544.
by jakarta 17y ago
Yeah, but in order to get that quality information typically you need to be one of the higher regarded 'brand' news organizations. The journalists at the WSJ and the NYTimes are probably going to have better sources than those at Bloomberg
545.
by jakarta 17y ago
I think that as it stands, this is the reality. The Washington Post is similar in that their Kaplan business supports the newsroom. What I think may happen though, is that players like WaPo and Bloomberg will ultimately emerge with profitab
546.
Bloomberg News: A Modest Strategy to Rule the World(nytimes.com)
13 points by jakarta 17y ago|12 comments
547.
Tinkering Makes Comeback Amid Crisis(online.wsj.com)
4 points by jakarta 17y ago|0 comments
548.
IPhone Apps Take Root as Cottage Industry(online.wsj.com)
1 points by jakarta 17y ago|0 comments
549.
by jakarta 17y ago
"While Sorkin basks in Wall Street’s attention, his image at the Times is more conflicted. His rise at the paper was jet-propelled—he was a kind of legend before he was 20. And he was one of the first at the paper to realize the centrality
550.
Entrepreneurial Journalist: Andrew Ross Sorkin(nymag.com)
1 points by jakarta 17y ago|1 comments
551.
by jakarta 17y ago
Arrington has experience with successful startups and securities law. Perhaps that helps him scrutinize start ups better, especially for gauging their revenue prospects and drilling down the drivers for that. That might have gotten him curi
552.
by jakarta 17y ago
The problem to me is that most media outlets are still populated with J-school grads when they should be housed with experts. That's why blogs are winning, because you can go straight to these people with laser focused insights that you jus
553.
by jakarta 17y ago
I have been using BackpackIt to set up a PMarca style productivity page with to do lists. So far it has been pretty successful.
554.
Chamillionaire & QD3 - From Artist to Entrepreneur @ Stanford(ecorner.stanford.edu)
1 points by jakarta 17y ago|0 comments
555.
by jakarta 17y ago
Getting to Yes is a pretty classic negotiation book: http://www.amazon.com/Getting-Yes-Negotiating-Agreement-With...
556.
by jakarta 17y ago
just out of curiosity, what do you think of the criticism that finance students tend to learn too much theory? When I was doing a project for a hedge fund, I showed an MBA student my analysis (financial model + write up on a bank) and this
557.
by jakarta 17y ago
actually it is sort of a myth that buffett ignores the macro. he engages in a lot of macro trades if you look back. here are some examples: berkshire's silver trade executed by Commodity trader Andrew Hall of Phibro, going long the brazilia
558.
by jakarta 17y ago
you're right, it was NetJets in 1998 http://www.berkshirehathaway.com/news/jul2398.html
559.
by jakarta 17y ago
The really interesting thing here is that Buffett is set to use Berkshire shares for the acquisition. I can’t remember the last time that he did this, I know he really regretted it with Dexter Shoe Co.: In 1993, Berkshire paid $433 million
560.
by jakarta 17y ago
the costs b/w trucks and freights differ after a certain price point and it becomes cheaper to have goods travel by freight than by truck. So, if you go back and look at when oil was at its high, railroads were performing better than trucks
561.
by jakarta 17y ago
He was the decision maker here. It is not like a Berkshire subsidiary (i.e.: David Sokol at MidAmerican) did the deal
562.
by jakarta 17y ago
my guess is it comes down to two things: 1. The capital expenditures of railroad companies are changing. Most of them have pretty much laid track everywhere needed. If expansion isn't necessary, CapEx will go to maintenance for the most par
563.
by jakarta 17y ago
oh boy, you're on a losing streak here. Look at the date of that article, it is from April. Go see what the S&P 500 has done since then (Hint: it is up 22%). Meaning, the mark to market loss that those derivatives at will have already n
564.
by jakarta 17y ago
Warren Buffett also invests in mispriced derivatives. You should take some time to read the following: http://www.berkshirehathaway.com/news/may0208.pdf Also, note that during the 2008 AGM Warren Buffett remarked that a small canadian ins
565.
Sarbanes-Oxley Exemption for Small Companies Said to Be Pushed by Emanuel(bloomberg.com)
3 points by jakarta 17y ago|1 comments
566.
by jakarta 17y ago
of course there is value. Do you know anyone who benefits from a pension fund or endowment? Well-- those guys benefit from someone like Paulson who can profit when the market tanks. But let's go broader. You are looking at capital incorrect
567.
by jakarta 17y ago
Yeah but it makes sense when you think about it. If your friends are Harvard MBAs who have been working for ~30 years on Wall Street, they'll have a nice bit of cash set aside for funding
568.
by jakarta 17y ago
one of the biggest lessons here is really how he actually shorted those mortgages. He created a situation where the downside was relatively limited. Some people balked at his potential 8% loss on the trade, but it also meant that he was not
569.
The Greatest Trade Ever: Profiting from the Crash(online.wsj.com)
43 points by jakarta 17y ago|30 comments
570.
by jakarta 17y ago
there's this funny bit in The Snowball, where Buffett suggests to his wife that they let their daughter sleep in an old dresser drawer versus buying a new crib.

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