The Latest

  • Knots
    Posted by on September 12th, 2014 at 8:28 am

    I was a Boy Scout for a very short time.  Growing up, my family wasn’t a camping family.  Camping to me is Holiday Inn.  I [...]


  • Gone Fishing
    Posted by on September 11th, 2014 at 9:44 am

    Literally.  We drove to NYC.  Then we drove to the Beaver Kill Inn. It’s where fly fishing was invented.  There is literally no cell phone [...]


  • Chicago Booth’s Cliff Asness Talks About His Journey and Efficient Markets
    Posted by on September 10th, 2014 at 7:58 am

    Last evening I was at a Chicago Booth alumni event here in NYC.  AQR’s Cliff Asness was the speaker.   Asness has a PhD from [...]


  • Preserving the Floor Traders
    Posted by on September 9th, 2014 at 7:09 am

    Yesterday while we were driving I saw this article in the Wall Street.  Should floor trading be preserved?  Or, is it like the buggy whip [...]


  • Apple, iCloud and Photos
    Posted by on September 8th, 2014 at 6:47 am

    Did Apple ($AAPL) screw the pooch by not knowing iCloud could be hacked? For that matter, what internet system isn’t hackable. Home Depot ($HD) may [...]


  • A Chicaga Guy In NYC
    Posted by on September 7th, 2014 at 8:18 pm

    Headed to NYC for a couple of days, then the countryside to fly fish.  I am looking forward to renewing some old relationships and making [...]


  • Go Irish, ND vs Michigan, Go Blue, Last time
    Posted by on September 5th, 2014 at 12:10 pm

    On Saturday, I am going to the Notre Dame vs Michigan game.  It’s the last game in a long rivalry.  Too bad they are quitting, [...]


  • Innovate On Bedrock Academic Principles
    Posted by on September 5th, 2014 at 7:55 am

    There is a reason we all go to school and study certain theories and certainties illuminated by academic studies.  It’s because they work.  One of [...]


  • The Gov. Pat Quinn Minimum Wage Challenge
    Posted by on September 4th, 2014 at 5:05 am

    Illinois governor Pat Quinn is taking the minimum wage challenge this week.  The governor calculates Illinois minimum wage workers only net $79 to be able [...]


  • Why Are Governments Afraid of Ridesharing like Uber and Lyft?
    Posted by on September 3rd, 2014 at 9:23 am

    On Facebook ($FB), I am part of a closed group.  It’s a group of ChicagoBooth MBA students and alums, with some professors in the mix [...]


  • Are You a Doer?
    Posted by on September 2nd, 2014 at 8:23 am

    One of the fun things I get to do is work with University of Chicago students. UChicago has had a cultural change in the past [...]


  • Do You Know How to Schmooze?
    Posted by on September 1st, 2014 at 9:06 am

    Hey, after being on a trading floor for 25 years you learn a little Yiddish.  A childhood friend of mine and I had breakfast a [...]


  • Is Your Company the Shark, The Stingray, or the People?
    Posted by on August 31st, 2014 at 8:31 am

    Sometimes you don’t notice change.  It sneaks up on you and attacks.  Sometimes change happens, and your company can avoid collateral damage by getting out [...]


  • The EU Is In Trouble, But No One Is Paying Attention
    Posted by on August 30th, 2014 at 6:43 am

    My friend Yra Harris is an astute observer of markets.  He has survived the trading game for decades now. He blogs over at Notes From [...]


  • We Don’t Have A Strategy Yet
    Posted by on August 29th, 2014 at 9:04 am

    That excuse can work in startups.  When you are a founder and your investor or board member questions you about something, it’s totally allowable to [...]


  • Does Your Life Have Themes?
    Posted by on August 28th, 2014 at 7:36 am

    Do you ever see a pattern play out in your life over and over?  When I was trading, I’d see patterns all the time.  Sometimes [...]


  • Are You Afraid of The Lunatic Fringe?
    Posted by on August 27th, 2014 at 8:45 am

    Last evening I went to an event in Milwaukie, WI.  It was part rally, part information, part networking reception to raise some money for Vernon [...]