Posts in Economics

But, What If We’re Wrong

There are so many absolutes these days. Global warming is a perfect example. Let’s assume that we proceed with getting rid of all fossil fuels and put fossil fuel out of business worldwide. Then, global warming doesn’t happen, and we …

The Grifters

Do you remember the movie The Grifters?  It was a dark movie, but in real life there are people like this that exist.  I have seen them circulate through the entrepreneur community and try to rip off investors and entrepreneurs. …

Two Major Trends to Watch

One of the things you want to do when you startup a business is have the wind at your back.  If you can identify a niche, and ride the wave where it turns into a movement then a big trend, …

Are Markets Efficient?

I totally love this discussion. It’s one reason that if you get an MBA, you want to do it at Chicago Booth. They smash differing ideas together-and they are tolerant. More people should be tolerant. Hal Weitzman really has a …

World Events and Fintech

A lot of folks are trying to figure out what Brexit means for Fin Tech.  London is a huge financial center and has a great Fin Tech community.  I think it’s a waste of time trying to figure out the …

#Brexit

Today Great Britain votes on Brexit.  I saw some stuff on “how to insulate your portfolio from Brexit”.  Truth be told, there is no way to do that.  It’s a binary event that will probably cause a quick market move, …

It’s Not If, But When

The innovation we are seeing today is like few times in human history.  It’s truly amazing.  It’s trite to say innovation is disruptive, but innovation today is really rubbing and creating a lot of friction in traditional hierarchy. I want …

The Basic Income Debate

Yesterday, Switzerland rejected basic income for all.  I have thought a lot about basic income ever since I read about it on Albert Wenger’s blog. My opinion has evolved a little, but one thing remains the same.  If the US …

Internet Trends

Mary Meeker’s annual presentation of internet trends is always interesting to look at.  Sometimes you can pull out some great insights into things you want to do, or things you think will happen.  Especially when you layer other information over …

Bitcoin and Anarchy

A lot of people think that if Bitcoin is adopted it means anarchy.  I don’t think that is correct.  I was reading “Is Bitcoin The World’s Next Major Currency?” in Chicago Booth’s Capital Ideas magazine. Sorry, no link to the …

The Future is Going to Be Micro

Technology is remaking society in ways we never thought it could.  At the turn of the 20th Century, technology changed the way we work and industrialists created large systems of manufacturing. Huge cities sprung up around the large systems.  Commoditized …

The Path To Exit

How do you get an exit?  A lot of the startup blogosphere talks about getting into a startup.  But, at some point you have to get out. Personally, I am very dismayed about the length of time companies are staying …

High Frequency Trading Does More Than Trade

One of the things that economist Tyler Cowan says is There are Markets In Everything.  People have lost faith in markets but indeed there are markets in everything.  Markets are the best way to allocate capital or assets known to …

How Do You Know The Asset Rally is Fake?

As a very observant market watcher, I have seen all asset markets rally since the beginning of the year.  Was the big break in January that ended on February 11 the bottom? I don’t know. You go broke picking tops …

Trump In The Shark Tank

If you made a startup analogy to the Presidential campaign, right now we are in the pitch phase.  Each candidate is pitching the sharks-and you are one of the sharks. I have been watching it with interest because we haven’t …

Be Courageous

Went out to The Oasis outside of Austin, Texas for a cocktail and sunset. Took this photo when we arrived. View from The Oasis A photo posted by Jeff Carter (@pointsnfigures) on Mar 2, 2016 at 1:34pm PST We were …