The Latest

  • How To Label A Terrorist
    Posted by on May 5th, 2015 at 9:04 am

    A few days ago I was having lunch with a good friend.  He does a lot of negotiation in the Arab world.  He also works […]

  • History Doesn’t Repeat Itself, But Echoes
    Posted by on May 4th, 2015 at 9:02 am

    One of the things great investors look for is patterns.  Pattern recognition can give you an edge, and it can also get you into trouble […]

  • Happy Third Birthday 1871
    Posted by on May 3rd, 2015 at 9:40 am

    It’s the third birthday for 1871.  If you come to Chicago and you are interested in startups, it’s Chicago’s town hall, our Lexington Green.  I’d […]

  • Can We Have A Solar Future?
    Posted by on May 2nd, 2015 at 9:53 am

    Saw this bit about the Tesla ($TSLA) PowerWall.  It certainly is interesting.  For green energy advocates solar power is the miracle worker.  It makes so much […]

  • Why I Love Dabble And You Should Too
    Posted by on May 1st, 2015 at 9:08 am

    One of the things that I totally love about working with startups is that they enable everyone to achieve goals that they want in life. […]

  • Think Big or Think Little?
    Posted by on April 30th, 2015 at 8:15 am

      Chicago is different than the Valley.  Many of the businesses here are based on finding product/market fit and revenue.  They aren’t about building viral, […]

  • Earnings During the Trading Session
    Posted by on April 29th, 2015 at 8:16 am

    Yesterday, Twitter ($TWTR) made a mistake by releasing their earnings numbers before they were supposed to.  The stock dropped off a cliff.  Twitter will have […]

  • Powerful Chart Data For Investors
    Posted by on April 29th, 2015 at 5:44 am

    There are a lot of places to find information on the web.  I find a lot of it is spammy and junky.  One of the […]

  • Everything is a Class War
    Posted by on April 28th, 2015 at 8:24 am

    Illinois is in severe financial straits.  Yesterday, Sam Zell donated $4M to a campaign being administered by Governor Bruce Rauner.  Previously other wealthy people have […]

  • Greeks Centralize All Currency
    Posted by on April 27th, 2015 at 7:36 am

    The Greek drama is starting to play out.  It’s getting to the last act.  All deposits in Greek banks must be transferred to the Greek […]

  • How To Save Illinois
    Posted by on April 26th, 2015 at 8:42 am

    Bill Gurtin runs a 9B Munibond portfolio.  When asked if there were places in the US he absolutely would not put money at any prices, […]

  • Creating a Culture of Entrepreneurship
    Posted by on April 25th, 2015 at 9:26 am

    Yesterday I was on a panel for the University of Illinois College of Business.  I am a graduate.  Al Goldstein of Avant Credit and Sean […]

  • Why Exchanges Show the Book
    Posted by on April 24th, 2015 at 8:57 am

    (the original post I put up was a draft of this one.  I am having some WordPress trouble) Scott Nations and I were chatting on […]

  • Spoofing: Membership At CME
    Posted by on April 23rd, 2015 at 1:33 pm

    I have been called today by several reporters about membership procedures and processes at $CME.  The trader that was fingered for the Flash Crash was […]

  • Bridges to Brooklyn, and Swamp Land in Florida
    Posted by on April 23rd, 2015 at 5:11 am

    Do you believe the stories about the origin of the Flash Crash?  If you do, I have a bridge in NYC and some slightly damp […]

  • More on Trade Following Apps
    Posted by on April 22nd, 2015 at 5:51 am

    With the democratization of Fin Tech, I am seeing more and more trade following app companies. The basic idea is unsophisticated traders can follow more […]

  • It’s A New Information Age in Financial Markets
    Posted by on April 21st, 2015 at 9:42 am

    When I traded on the floor, one of the reasons it there was a cost to be there was we had better information than the […]