How to disrupt Wall Street? Move the capital raise process onto the social web.
Read This and Then Slam Your Head in a Car Door
Here’s everything that’s wrong with today’s culture encapsulated in three sentences:
Soundgarden Reuniting – You Heard It First On Twitter
Chris Cornell uses his Twitter page to announce the reformation of Soundgarden…and all will be right with the world.
Hot Links: Cramer Reverses on Trader Tax, Taleb in Exile & Flying Cars
Stuff I’m Reading this Morning… Stocks set to rip at the open as Dubai gets the rearview mirror treatment and China posts big data. (Bloomberg) The Andrew Ross Sorkin op-ed on Dubai, A Financial Mirage in the Desert. (NYT) Our economic consequences for being fat slobs. (InvestingCaffiene) A guide to November’s stock buyback announcements, including…
Don't Do It Google!
I’ve yet to see a successful Internet Roll-Up strategy executed and in my opinion, even a company as brutally successful as Google probably couldn’t pull it off. Watching Barry Diller collect assets like Expedia, Hotels.com and AskJeeves only to start spinning them off in frustration was a cautionary tale for old media execs. Having witnessed…
Hot Links: Facebook's Ticker, HP's Earnings & Coke's Milk
Stuff I’m Reading this Morning… Way overdue: Howard Lindzon decides to assign stock ticker symbols to Twitter and Facebook. (HowardLindzon) Hey anarchists, the US government is starting to turn a profit on the chaos loans. (NYT) Mutual Funds blowing out shares of consumer spending plays, retailers etc. (Bloomberg) Pretty provocative stuff for Newsweek: Is The…
Congrats to the StockTwits Gang
I want to take a moment to congratulate the StockTwits guys who rang the closing bell for yesterday’s trading session over at the NASDAQ Marketsite. I met Howard Lindzon, Upside Trader and the rest of the gang at a Bacchanalian loft party earlier this summer. They’re all great guys and, without a doubt, they are…
Introducing…The Man Behind Abnormal Returns
This is cool… One of the best finance blogs extant, Abnormal Returns, now has a face and a name to go along with the incredible and consistent posting record. He’s finally come out from the shadows, and it’s about time! About Tadas Viskanta is the founder and sole editor of Abnormal Returns, one of the…
Things To Do Instead Of Attending Your Neighbor's Tea Party Rally
Tea Party The Tea Party movement has been spared my ridicule thus far…Until now. I caught a Fox News town hall-esque State of the Tea Party program hosted by Glenn Beck this weekend and my abdominal muscles ached from all the cringing this broadcast induced. This was a nationally-televised moron-a-thon in the round. Its not…
Congrat's to Jamie Dimon, On Time's 100 Most Influential List
Magazine editors love making lists for the simple reason that people love buying magazines that contain lists. Everyone loves a ranking, even a nonsensical ranking, like a list of the most influential people in the world. Time Magazine put out its World’s Most Influential 100 People in 2009 list this week and as usual, the…
