May 2009
10 posts
The Theory of Reciprocity
In my last post I stated I feel that in the short run, too many people are concerned about beating their benchmarks. In the long run, benchmarks are extremely important.
The theory of reciprocity states that in the long run, every investor will see the same fundamentals in every stock. If you’re a trader, you will see every technical pattern in every stock. If you take the same position as...
“Venture capital is like winning the lottery. Somebody wins, but statistically,...”
– Venture Realities: Startup financing news from the frontlines | from This is going to be BIG! - Comments on New York Tech Community, Startups, Venture Capital and Career Education
Livingstone - The Emotion Economy (Part I) →
I Need Social Email
I’m not interested in Friendfeed or any other social network aggregator. Although many of them are doing amazing things with the “now” web, I don’t really need to know everything about everyone I follow. I just want to consume the pieces as I see fit.
We all have a powerful version of Friendfeed. It’s called email. Every social network gives you the option to receive...
“Today, I said goodbye to my friend, and then we both kept walking in the same...”
– MyLifeIsAverage - Life Is Normal Today
“This is an enormously influential group of people, and 90 percent of that...”
– Berkshire Hathaway’s Charlie Munger: ‘Venal Banks Need Reform’ — Seeking Alpha
