What’s Happening to Wall Street?
“The lesson of Buffett was: To succeed in a spectacular fashion you had to be spectacularly unusual.” That’s Michael Lewis, well-known financial journalist, in his book, The Big Short. Wall Street has always drawn the bright, ambitious, and creative, but the finance industry is now struggling to fight battles on multiple fronts. First, there are several industry changes that indicate finance is no longer as attractive a career path. As far | Read More »
Re: Silicon Valley discovers that the deal has been altered.
Further to Moe’s diary on this subject…. I’ve been dealing (heavily and directly) with “Silicon Valley” for nearly two decades now – that allowed me to see the tail-end of the salad days of the place…. followed by a long slide into (grossly over-priced) enfeeblement and irrelevance that events like this are now making more visibly-apparent. There was a time when Silicon Valley was solid | Read More »
Silicon Valley discovers that the deal has been altered.
Elections have consequences, tech industry edition. Michael Malone has the details about “The Obama Surprise”: No segment of American industry did more than high tech to elect Barack Obama as President of the United States. The 2008 Obama campaign will go down in history as having made better use of digital technology than any before it. From a hugely powerful website to the reproduction of | Read More »