From my friends at Weather Trends, a graphic of the weekend winter storm likely to hit the U.S. northeast:
Weather Diversion: NE Winter Storm Ahead
Readings: China, Deficits, Energy, etc.
Mark It Zero: Institutions Calling It Quits on Venture?
More evidence that institutions aren't just cutting back on their allocation to venture capital, but backing away altogether:
"When I started Greycroft in 2006, I raised $75 million, all from high-net-worth individuals, and I did it in four weeks with a letter," said Alan Patricof, founder and managing director of Greycroft...
Ed Thorp Speaks
A rare radio interview with blackjack guru and original quant Ed Thorp:
In 1962, Ed Thorp became every gambler's favorite mathematician when he published the first mathematically proven method for beating the dealer at blackjack.
Thorp's work revolutionized the game. But he went further: In 1967,...
The U.S. Currency Problem and the Return of the Wooden Nickel
The U.S. has a currency problem. No, not just the dollar, or even the staggering debt and deficit, but another one: It loses money making pennies and nickels. Here is some musing on the problem from the new White House budget docs:
The Mint's primary cost driver is the price of metal, a factor...
Readings: EMH, Oil, Complexity, Davos, etc.
- OECD oil demand has peaked (Source)
- The next industrial revolution: Stuff vs bits (Source)
- Efficient markets disproved at Davos (Source)
- The Roubini/Raghuram panel from Davos (Source)
- Best Davos "whoops" moment ever (Source)
- Interdisciplinarity in Socio-economics, mathematical analysis and predictability of complex systems (Source)
Davos, So You Don’t Have To
A tag cloud of the words from all 227 sessions at this year’s World Economic Forum going on in Davos this week. I had to wipe out a bunch of only-at-Davos stop words, including “global”, “redesigning”, “reinventing”, “rebuilding”, etc., or the results would have been more skewed.
Elizabeth Warren Does The Daily Show Again
The Daily Show With Jon Stewart Mon - Thurs 11p / 10c Elizabeth Warren
Readings: StockTwits, Tablet, Jobs, Davos, Hotels, etc.
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