I asked Nathan Myhrvold, C.E.O. of Intellectual Ventures and widely considered to be one of the smartest people in technology, if he is brilliant. "If you put yourself in that camp, you might be correct," he teased. "But then, you're also an asshole." The Brilliant Issue profiles Porfolio's picks for best game-changers, upstarts, rebels, connectors and other influencers.
posted on May 2, 2008 - View this thread

Patriots, countrymen, help out the American economy with Operation: Change For The Better.
posted on Jan 16, 2008 - View this thread

Is the high end Art market finally tanking? A week or so ago, it sure looked like it. An important van Gogh piece did not sell, Sotheby's stock price went into shock. However, all is well this week as both Christie's and Sotheby's kicked it into high gear and set some new records.
posted on Nov 15, 2007 - View this thread

Invest wisely. End poverty.
posted on Oct 25, 2007 - View this thread

Open Secrets - the trouble with Enron
posted on Jan 2, 2007 - View this thread

EarthShell, a small Maryland company that makes environment-friendly packaging (among others) may wink out of existence thanks to PIPEs, or private investments in public equities. Who likes PIPEs? Hedge Funds, mostly. Companies that take the pipe, as it were, may be sealing their doom. 10 percent of PIPE deals done this year are 'death spirals', where the company's stock price plummets from short selling by the financiers who structured the deal in the first place. And of course it's legal if you don't get caught shorting the stock naked and covering with the shares from the PIPE. (BTW, http://www.earthshell.com appears to be on the margins now or I'd have linked it).
posted on Dec 27, 2006 - View this thread

Plunging into the shadows: "In thinly traded, lightly regulated and untransparent markets, the bold can make an awful lot of money—and they can lose it on an even more extravagant scale... In today's caffeine-fuelled dealing rooms, a barely regulated private-equity group could very well borrow money from syndicates of private lenders, including hedge funds, to spend on taking public companies private. At each stage, risks can be converted into securities, sliced up, repackaged, sold on and sliced up again. The endless opportunities to write contracts on underlying debt instruments explains why the outstanding value of credit-derivatives contracts has rocketed to $26 trillion—$9 trillion more than six months ago, and seven times as much as in 2003."
posted on Sep 24, 2006 - View this thread

John T. Reed’s analysis of Robert T. Kiyosaki’s book 'Rich Dad, Poor Dad'. [cache] Kiyosaki has spun a business empire off his book, including follow up publications, TV appearances and columns that make suprisingly broad statements about what's worth doing.
posted on Feb 25, 2006 - View this thread

Islamic finance --doing business according to Shari'a. ...Pious Muslims are not allowed to invest in industries that have ties to tobacco, alcohol, weapons, pornography or pork products. Since the law prohibits banks from charging or paying interest, Noriba and other Islamic Financial Institutions (ifis) instead make money by using a system based on the sharing of capital gains or losses. But even with post-Sept. 11 suspicions that Islamic banks may fund terrorist organizations, demand for the services of ifis is on the rise from the towers of Bahrain to the streets of London. Indeed, they represent one of banking's hottest sectors. ... more here
Socially-conscious investing of a different sort?
posted on May 6, 2005 - View this thread

George Soros' blog: hot on the heels of the early-adopter in chief, Bill Gates, George Soros has joined the blogging community. Needless to say, the onetime scourge of British monetary policy is not using LiveJournal but he does have a provocative position over the war in Iraq. Warren Buffet by contrast, despite having signed on as a Kerry economic adviser, appears to concur with the pre-emption doctrine. Does anything about the US election make sense anymore? The capital markets seem to have agreed that the outcome point is moot - can popular opinion (.pdf) be far behind? Some disagree. (.pdf)
posted on Oct 2, 2004 - View this thread

Has the economy got you down? Studies show that if you give suicide the ol' college try your income will increase 36.3%
posted on Oct 29, 2003 - View this thread

Ever wonder just who's fattening who's wallet? The Transnational Corporations Observatory [multilingual] seems to know quite a bit. Now if i can only figure out how the ad council gets their money...
posted on Sep 29, 2002 - View this thread

Qwest Finds Buyer For QwestDex The buyer is a group led by the Carlyle Group and Welsh Carson Anderson & Stowe. The question is: Why does an investment firm that primarily deals in Defense Contracts want a phone directory company? Tell me I'm just being paranoid.
posted on Aug 20, 2002 - View this thread

"Nobel Prize-winning economist Joseph Stiglitz talks about the corporate looting spree and Bush's woeful mismanagement of the economy." "The fiscal mismanagement of the current administration -- leading to a change in the fiscal position of the United States over the past year -- is absolutely phenomenal; going from huge surpluses to huge deficits and the deficits are probably going to be larger than people anticipated."
posted on Jul 6, 2002 - View this thread

The wall seperating analysts and traders appears to have completely broken down in Merril Lynch. Yesterday, NYT reported that SEC is joining the investigation. The accounting scandal in QWest is now one of many in the telecommunication world. There is also the well documented travails of Anderson Consulting.... This year there has been a crop of accounting scandals. Does the financial world needs stricter regulatory mechanism or is it simply a matter of lax supervision? (more inside)
posted on Apr 17, 2002 - View this thread

Rukeyser Out at Wall Street Week In Advance of 'Young' Format
    The long-time host ever in search of 'value in today's markets' quit rather than accept a diminished role in a revamp of the show's format. Guest hosts will replace him next season until a permanent host is found.
    PBS is quietly removing references to elves from the W$W website. The new show will be a co-production with Fortune Magazine. (Ick.) Guess its Paul Kangas for me!
posted on Mar 28, 2002 - View this thread

CEOs Slash Jobs, but Not Their Pay Too many cheifs and not enough indians. An article I found interesting.
posted on Sep 22, 2001 - View this thread

One million credit card numbers stolen! News at 11! The FBI has gone public with a rather dry account of a huge organized attack on ecommerce sites, exploiting security flaws in NT which Microsoft fixed and offered patches for nearly two years ago.
posted on Mar 9, 2001 - View this thread