Posts from February 2016

New Hampshire and Iowa

It is weird that two states which have almost nothing in common with the rest of the country lead off the primary process and winnow candidates.  Iowa was decided by evangelical Christians.  That’s a minority group in America, and a …

The Midwest Is Different

Was talking to a couple of people yesterday about the differences between the Midwest and the coasts.  One person said, “You never hear about a lot of big fundings ever in the Midwest.” He is right.  “You never read how …

Do Active Traders Do Better In Down Markets?

If you open your financial statements and look, you will feel a huge temptation to sell everything.  Since Jan 1, the market has fallen out of bed.  The world news isn’t giving anyone confidence either.  Japan is finally imploding.  The …

Adam Carolla Show

A week ago I taped a show with Adam Carolla. It was released today. I had never met him before. He, or someone from his staff read one of my blogposts and they asked if I would be willing to …

Some Watch Big Companies; But It’s All on The Consumer

Big companies are pulling back.  They are afraid.  It’s not as if they have been investing in new property plant and equipment over the last 8 years to expand operations.  Let’s be honest, the big dogs have basically manipulated balance …

Real Time Settlement, A Unique Piece of The BlockChain

One of the things I never understood about back office financial payment systems was settlement.  Why did it take so long for things to settle?   In the futures world where I lived, we had daily settlement with corresponding payment, and …

Economic Freedom and Economic Opportunity

The US is out of the top ten countries in the world by the measurement of economic freedom.  That’s definitely not cool.  Hong Kong has always been number one.  Totally weird to me since they are a part of communist …

David Rubentstein of Carlyle Group; Mensch

Last night I had the opportunity to listen to David Rubenstein of Carlyle Group.  I enjoy listening to stories told by people that started up a business and were successful at it.  You can learn a lot from them.  We …

What Needs To Be Present For Two Sided Market Models

There are a lot of companies that try to execute two sided market models.  They are really hard to pull off.  But, when they work, they are sticky.  They have the potential to generate some network effects and create a …

New People Mean New Ideas And Freshness

One of the things that scares me a bit these days is how people view immigration.  Politicians are using it to scare people or make them feel guilty.  They are offering up a false dichotomy of choice.  It’s either all …

Nothing Beats Growth, Nothing

McKinsey did a study on startups.  They found that if you don’t grow fast, you die slowly.  I think this is true.  CB Insights also too a look at it.  Their findings lead to the same conclusion as McKinsey. One …

Hope For The Future

Today the Iowa primaries play out…..finally.  I was checking my Twitter feed this morning, and I saw this tweet from Balaji S. Srinivasan. He is a venture capital partner at a16z and heavily immersed in Bitcoin. 1/ Trump/Sanders are what …