Dr. Keynes Was Right
MY RECENT POSTS
- Thread Bare Existence
April 19, 2014 01:57PM
- Freud May Get Really Rich
April 10, 2014 12:45PM
- About Your Mule...
April 07, 2014 03:29PM
- Attack of the Vampire Squid
April 05, 2014 03:42PM
- Fiber Art
April 03, 2014 09:06PM
MY RECENT COMMENTS
- “-- Some how, I don't
think monopoly capitalism or
will survive even
April 19, 2014 04:45PM
- “Fact is, it's The
Public's Land, not these
April 13, 2014 05:10PM
just declared war on the
April 11, 2014 12:43PM
- “Putin is clearly in the
Stalin mode, of creating a
USSR. And, equally
April 10, 2014 02:14PM
- “I hadn't noticed that OS
was any less open than
April 10, 2014 02:05PM
Robert Young's Links
Another day of news, another thread not to be ignored.
And, as usual, it isn't a golden thread. Well, for those that
have lots of gold, perhaps it is.
Who knows when it came into the lexicon, although thanks to movies most of us assume it was WWII Germans, but "Ve ver… Read full post »
That didn't take long. Yesterday, it was reported that Colbert was the odds on favourite to replace Letterman, now today CBS announces it. Colbert, the real one, is a flaming left wing pansy. Colbert, of the Report, is a flaming right wing Nazi. Some number of his fans are goi… Read full post »
There's that old, and continuing, adage: "you can't beat
Mr. Market". Well, baloney. You sure can beat Mr.
Market like a rented mule. For some definition of 'you', of
If you've billions in moolah, it does get a little harder, from one point of view; yet even easier from… Read full post »
With all the boohooing from Titans of Industry, and if you
believed them, you'd think that Obambi has been the apocalypse of
Satan. Well, not so much:
After-tax corporate profits in President Obama's five years in office have averaged 9.3 percent of G.D.P. That is a full two percen… Read full post »
A long ago friend decided to go into the fiber art business,
after being a bureaucrat and educator. I guess there's art to
be found in fiber. Just not in North
Carolina. That happened nearly three years ago. And
cartel is still at it.
It was, therefore, with som… Read full post »
(Another quant-ish post, but with some existential pondering.)
One of the more interesting escapades in the bio-stuff sector over the last couple of years has been the effort by MannKind to get its version of inhaled insulin, named Afrezza, approved (no, I don't own any or short any). Before y… Read full post »
Every now and again, and today was one of those nows, some
sports pundit will trot out the tried and true, "X is horrible
today compared to 19XX because of all that player dilution".
And blah, blah, blah. Baloney.
Take baseball, please.
In 1950 there were 16 teams with 25 player rosters.&nb… Read full post »
The search for MH370 raises the simple question: where are
the pictures from all those American spy satellites? I was
thinking Key Hole, KH12, but it turns out the Key Hole designation
went out of vogue way back in the 1970s. Wow. Some
surfing reveals a bit of irony.
Turns out… Read full post »
I had been mulling over writing this all up, under the title
"What's a Quintillion Among Friends", but it's only a bunch of
college basketball games and not worth the effort to get the number
exactly right. Nah, ain't worth it. BUT...
Two things happened.
1) I saw Nate Silver bloviating, on… Read full post »
There's a new Maxwell GEICO commercial out, of which I've only seen the last few seconds, where Maxwell is sitting by the pool (beach?) in a deck chair, phone in lap. He's jiggling his trotters whilst looking dreamily at the phone and chanting "boots and pants and boots and pants". I… Read full post »
Narrator: Return with us now to the thrilling days of yesteryear... Mr. Peabody (and Sherman...) please set the WABAC to 1790, France where we'll have some cake with Marie Antoinette.
Control Room: Ummm... Mr. Peabody is an animated dog, there is no WABAC, and Marie likely had nothing to… Read full post »
A story out today, "ARMs are back! Reverse mortgages too! Is this housing bubble 2.0?" contains this prized morsel of wisdom:
"A typical first-time homebuyer may be unable to afford a typical home in the near term, if mortgage rates and home prices continue to rise without sufficient increases in inc… Read full post »
A wealth of confirmation over the last few weeks, but I'll
resist temptation, and keep this missive to one,
Jeremy Rifkin's riff on the death of capitalism.
What he misses, or at least doesn't say, is what's really driving the death spiral. And that factor is what I've mentioned a few times… Read full post »
(Yes, don't read if you've not watched.)
Is it just me? The final episode of "True Detective" was truly defective.
First off, there's no way that they would have survived those wounds for hours.
Second, the Jesus pose in hospital was a bit much.
Third, McConaughey's religiosity at the Os… Read full post »
Apple is in trouble. Before the iPhone, it was a small time computer assembler, with little impact outside a few niche sectors. The iPhone changed all that, not least of which was morphing Apple from a computer company to a toy company. Not that anyone, Jobs possibly excepted (I don… Read full post »
"In today's fights over financial reform, the advantage goes to
those who hold the low ground, the underground, the dark room where
a rule can be modified in ways only a small handful of experts can
follow. These are the battles the banks can win."
That's from Jesse Eisinger's DealB%k column today.&nb… Read full post »
(One of the tech pieces. You, too, can be a finance quant; just like learning taxidermy from those matchbook cover correspondence courses.)
When I was a kid, the parents had many sayings related to child rearing. Some were intended to restrain the kids just for the sake of the parents'… Read full post »
Wherein we discuss the confluence of quants, computers,
macroeconomics, and SQL.
Herbalife is a ponzi scheme, although it remains legal. So is bitcoin. Whether either will survive 2014 is up for debate. For this piece, bitcoin is discussed.
For those who're lazy (or don't like my pros… Read full post »
At various times along the way I've asserted that even the 1% need Obamacare. In general, the point is that some things are simply too expensive, even for the rich, if only the 1% can afford them. Even if marginal cost is low (a fact virtually ignored by the MBA types),… Read full post »
Yesterday, I tossed in a metaphor to the growing realization that there just might be limits to making "new" tech. Specifically, that:
May be vendors should include a phone life's supply of Prozac?You know, with the stasis of tech, we enter a Dark Age, where little ever changes, the archetype…
A recent itch, motivated in large part by the carping from the
smartphone gallery, is that Moore's Law nears repeal. Unless
some new physics becomes evident.
Announcements for the latest Samsung Galaxy phone abound. This is from AnandTech. Pay special attention to the comments. … Read full post »
(Another comment, elsewhere, that gets elevated to essay. Kind of a selfie, I guess. The context: whether any of the other semiconductor companies can, or even should try to, match Intel.)
The larger issue, and certainly not imminent for the momo or day trading types, is what bec… Read full post »
FOMC transcripts are released. As you can see, they're
extensive. More text than my single set of eyeballs really
want to endure. Fortunately, the NYT has plenty of eyeballs,
and have gone through them. And published a number of pieces.
What's missing from the w… Read full post »
Ok, I know I should enter some blogging, commenting twelve step
program, but may be tomorrow.
Anyway, one of the many postings, many places, chewing on the WhatsApp buying led me to post the following comment (it starts with a snip from a previous comment):
-- younger users will move from them… Read full post »
Here's an interesting quote (from here):
Does that ring a bell? That kind of trade is similar to transactions in derivative products known as credit default swaps that played a key role in the financial crisis. Credit default swaps allowed investors to bet on the health of housing-related secu… Read full post »