wcgortel

7 ms·

31.
by wcgortel 13y ago
Just a quick NB here: I installed the 'churnalism" add-in that was talked about here a few days ago, and it popped up with a note that some of the text had appeared in a press release from the British Medical Journal. In this case, it is no
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by wcgortel 13y ago
Very difficult to imagine another cause. 100 point drops are not standard, and this one happened right after the "news" broke.
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by wcgortel 14y ago
I don't think that definition helps much[1]. For one, arguing that the cause is usually central bank inflation would eliminate a great deal, including the dutch tulip bubble. What about bubbles that took place before central banks existed o
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by wcgortel 14y ago
Generally in financial time series, any exponential growth is indicative that something is growing "too fast." It has a better than "pure luck" shot at being right eventually when applied to stocks, but is misapplied when used on fiat curre
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by wcgortel 14y ago
This is a very interesting use case, particularly in investment analysis, my area of specialty. The problem of obscure, rarely updated blogs with fantastic information (but no reader base) is plainly evident here. I can think of a blogger w
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Stop sweating the Tech IPO drought(finance.fortune.cnn.com)
2 points by wcgortel 14y ago|0 comments
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by wcgortel 14y ago
By nature this will work better--or at least be most available--working at companies with established headcount needs and turnover. Think of "analyst" programs at investment banks. I agree though. It'd be cool if I could be sure that the pe
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by wcgortel 14y ago
Oh heck yeah...the S&L "debacle" was outrageous AFAIK. I was ~ 2 years old when it occurred though, so can't really comment in depth.
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by wcgortel 14y ago
I retained counsel and ultimately left the firm to work in the investor education department of an NGO. I had a conversation with a regulator, but it was clear that they were neither serious about pursuing it or adequately staffed to do so.
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by wcgortel 14y ago
I would agree with you that it's reasonable to expect that to be a conversation that would result in your desired outcome. There are a few technical things at issue. Again, I agree this is broken. My only point is that saying things are "fr
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by wcgortel 14y ago
Point one is really good. I like your way of thinking. I've got to say that the problem for me comes down to one of competence versus theivery. I don't think that the guys I worked with were outright thieves. I do think they were not especi
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by wcgortel 14y ago
I'd say similar in intent to those funds, but starkly different in terms of execution and associated risks. A target date fund approaches your goals by varying the percentage of the portfolio invested in bonds and cash. My approach doesn't
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by wcgortel 14y ago
My thing takes your investment capital and cohorts it sensibly against your time horizons. It's new. A lot of what you get from an is along the lines of "Oh, you want this money in seven years huh? You should probably just buy a bunch of bo
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by wcgortel 14y ago
I mean, you're justified in a way. I don't think it's fraud though. Consumers are equally complicit. What I mean by that is that as the buyer of a product, you usually would go out and read the reviews, kick the tires, etcetera. At this tim
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by wcgortel 14y ago
I sent a similar email to the CEO of my bank in 2007 -- there was a product I was involved in that (it was clear) was not understood by our sales force or by our investors. I'll spare the details, but I was called into his office and remind
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by wcgortel 15y ago
Would love to make it out to this, but am in another class on Mondays. Looks worthwhile though.
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by wcgortel 15y ago
Fair point, but I'll note that Mr. Smith didn't manage $1T, rather he had clients who had an asset base at that level. That could mean "manage" but could also mean "I have spoken to people who manage."
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by wcgortel 15y ago
Back when Mr. Dodd was in office, I and others referred to him as "the Senator from AIG." Though his recent comments set off a firestorm, I am more interested to see that relationship examined in full daylight.
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by wcgortel 15y ago
As wonderful as this is, we've got to remember that tweets are only a symptom of success. We've got to continue translating virtual action into actual action, like the NY Tech Meetup did today. Even with that, I'm familiar with at least one
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by wcgortel 15y ago
It's true that the banks aren't really as concerned with maximizing an investor's return in their wealth management divisions, but it's also worth noting that they maybe shouldn't be engaged in that sort of activity. The likelihood that the
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Emmanuel Derman's Battle with "The Maladroid" (Android)(blogs.reuters.com)
1 points by wcgortel 15y ago|0 comments
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by wcgortel 15y ago
It does sound a bit "pitchy" though, especially if the comparison isn't direct. If you're telling Coke about what you did for Pepsi that's one thing. If you're telling Unilever about your work for Proctor and Gamble that's another. Also, mo
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Ford builds health data gathering capability into prototype cars(bloomberg.com)
1 points by wcgortel 15y ago|0 comments
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by wcgortel 15y ago
The present value of your efforts at time 0 (the present) would be much higher if you bought apple in time -15 and then returned to the present than if you spooled off a bunch of stock market history at time 15 and then returned to time 0 a
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by wcgortel 15y ago
Seriously -- I was going to recommend this to some colleagues , but twitter-only totally nerfs it.
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by wcgortel 15y ago
This is a good statistic to raise, but it's not a direct comparison. The US prison population probably has much more in common with ordinary North Koreans than these individuals.
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by wcgortel 15y ago
These are the blogs, not the business review itself. I understand the quality standards are lower in the former.
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by wcgortel 15y ago
To me, "winning" in social sounds a lot like "winning" the war on drugs. It's a struggle for a concept, not a tangible objective. Like most hyped tech, there's genuine value to social strategy. However, Google's core business - providing an
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by wcgortel 15y ago
Fred Kantor wrote a book called "Information Mechanics" in 1976, which treats the same topic.
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by wcgortel 16y ago
There's significant risk (the potential permanent departure of an iconoclastic chief executive) that is being incorporated into their stock price. Also, analysis of the cash per share at a large technology company should generally be viewed

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