Archive for the ‘Business’ Category

Estate Tax and Meritocracy

From a research paper on international management practices and their effect on firm success:

One interesting group are the family firms, defined in our research as firms owned by the descendants of the founder… Those that are family owned and family managed (“Family, Family CEO”) have a large tail of badly managed firms, while the family [...]

Corporate Con Men?

Rolling stone has a really (really) long, but interesting comparison of recent wall street moves to real world cons and schemes pulled in movies like Goodfellas and The Sting.  Some of the connections are a stretch, but most range between clear cut copies and eerily similar set-ups.
I definitely agree that Flash Trading is inherently unfair.  [...]

College Football Means Business

Great article about possible expansion of college conferences, largely led by football markets.  It lays bare a lot of the underlying money issues that separate the best from the rest.
Orlando Sentinel – College Gridiron 365 Blog- Orlando Sentinel – College Gridiron 365 Blog.

Green Jobs

Is this what they mean when they talk about green job creation?
Marijuana growers, many believed to be affiliated with Mexican drug cartels, are aggressively expanding their illegal farming operations in the U.S., clearing land to plant pot in dozens of national forests from coast to coast.
Via Pot ‘Plantations’ on the Rise – WSJ.com.
The Mexicans even [...]

The 2.7 Billion Dollar Question

Even though the question is one of Amazon’s most important features, it’s impressive how understated its introduction was. One day, for many of Amazon’s users (but not all), it just showed up. It was one of many changes occurring on the site that month. Most users didn’t notice it for weeks and few understood how [...]

Requiem For A Firm

A great article about who and what actually brought down AIG and started the financial fizzle we’re in.  It’s a way more direct and straightforward look than anything I have seen yet. I also like that it points out when AIG made mistakes and when they were made scapegoats.
For those of you who want to [...]

Yahoo Finance is Fun

When it comes to following the markets, Yahoo beats out the competition.  Yahoo Finance has 21.7 million visitors a month, #1 in the category.  What’s most intersting is the author’s attribution of Yahoo’s success to using psychology to balance information and entertainment, whereas Google is all information, no fun.
It seems unlikely, however, that Google’s new [...]

Trading in the Fast Lane

If you haven’t heard of High Frequency Trading yet, you will soon.  It is changing the way markets work, improving liquidity and price setting, while allowing those few with access to the requisite tools to take a lion share of the profits generated.  For example:
It was July 15, and Intel, the computer chip giant, had [...]

The USPS is Bleeding Green

The NY Times has a great article on the bleak future facing the US Postal Service, a topic I have tackled before.
While the US Postal Service (and the reporters covering it) focuses on doom and gloom and how mail is dead, the Swiss post service is adapting.  There are many companies, like Zumbox and Earth [...]

“Go West Young Man, ‘Till You are in The Far East”

If we can’t innovate out of our own unemployment problems, there’s a little country on the other side of the Pacific that wants our help.

“I’m working with a company right now that wants me to help them find young American professionals who can be their liaisons to the U.S.,” he said. “They want people who [...]