The Latest

  • Markets are Smarter than Panels
    Posted by on August 16th, 2014 at 8:20 am

    Yesterday was sort of historic in the silver market.  Instead of relying on a bureaucratic panel of experts to “fix” the silver price, they used [...]

  • Free Market Competition is Good For Consumers
    Posted by on August 15th, 2014 at 8:59 am

    Ride sharing is teaching America a lesson in economics. If you took Microeconomics 101, one of the first concepts you learn is that in a [...]

  • Look Inside For Satisfaction, Not For Approval
    Posted by on August 14th, 2014 at 9:50 am

    My youngest daughter turns 21 today.  This summer, she has been interning at Dough.  She has been on Tastytrade once in a while so you [...]

  • The Big Bubble
    Posted by on August 13th, 2014 at 8:18 am

    Is there are bubble in asset values? It depends on how you frame the problem, timing, and it also depends on which version of finance [...]

  • Robin Williams RIP-Suicide Is Not A Way Out
    Posted by on August 11th, 2014 at 10:26 pm

    First off, if you are thinking of committing suicide, don’t.  Here’s the number to call if you find yourself unstable.  No matter what problems you [...]

  • Hey Chicago, Want to Control the Future Internet? Here’s How Using Bitcoin
    Posted by on August 11th, 2014 at 9:11 am

    When people look at technology, most of the time they look backwards.  It is familiar to them.  Facebook ($FB), “of course that was a winner”. [...]

  • The Time is Now in The Midwest
    Posted by on August 10th, 2014 at 9:37 am

    The old saying is, “There is no time like the present.”, and that certainly fits for the Midwest today.  I dislike the idea of “the [...]

  • 21
    Posted by on August 10th, 2014 at 9:15 am

    21 was a famous bar/restaurant.  21 is a milepost age because of government law.  Yesterday, we celebrated my youngest daughter’s 21st a week early. When [...]

  • How Do VC’s and Angels Value a Company?
    Posted by on August 8th, 2014 at 9:18 am

    The other day I was talking to some people about early stage investing.  They hadn’t done it before but were interested.  Early stage investing seems [...]

  • What’s It Take To Be Successful?
    Posted by on August 6th, 2014 at 7:13 am

    A lot of people are searching for the path to success.  They want it to be textbook.  Finding success isn’t solving the quadratic equation.  There [...]

  • This Version of Loyalty Is Fascism
    Posted by on August 5th, 2014 at 1:42 pm

    Read an article by Jonathan Alter.  Was extremely surprised by the language and the way the words were used.  He wants corporations to take loyalty [...]

  • Hollywood: Wasteland of Ideas
    Posted by on August 4th, 2014 at 8:04 am

    Yesterday I saw where Bill Murray has signed to be the voice of Baloo in The Jungle Book.  He will be awesome.  But, wasn’t Jungle [...]

  • Do You Bet on Teams, Or Ideas?
    Posted by on August 3rd, 2014 at 9:37 am

    That’s the age old question for angel investors, and venture capital investors.  Teams?  Or Ideas? University of Chicago Booth professor Steve Kaplan did some research.  [...]

  • Social Media Enables Small Business To Compete
    Posted by on August 1st, 2014 at 9:48 pm

    Unfortunately, I am missing a lot of Lollapalooza this weekend.  I was also supposed to ride in a 100km bike ride that I am not [...]

  • Don’t Cry For Argentina
    Posted by on July 31st, 2014 at 10:51 pm

    Yesterday the market fell out of bed.  The Bears rejoiced, and the Bulls looked to the Fed.  It’s not as if people didn’t know Argentina [...]

  • Andrew Mason’s Detour
    Posted by on July 31st, 2014 at 9:43 am

    Andrew Mason of Groupon ($GRPN)  fame has a new app, Detour.  People like to make fun of Andrew and say Groupon is a failure.  From [...]

  • Interview Part 2 With The Full Ratchet
    Posted by on July 30th, 2014 at 10:55 am

    If you want it on other media, here you go. Itunes: Direct-audio: In this we talk about startup communities, ethics and building. Tweet