2024-06-04
My most curmudgeonly view is that Something Must Be Done to get these degenerate gamblers out of capital markets so that stocks can be priced Properly, in accordance with the net present value of future cashflows, as God intended. https://www.wsj.com/...
Wall Street Journal
Sources: E*Trade is weighing kicking meme stock leader Keith Gill off its site over GameStop stock manipulation concerns; GME is up 60%+ since Gill reappeared
Morgan Stanley's trading platform discusses concerns about possible manipulation in GameStop — E*Trade is considering telling …
2023-11-24
Companies don't need to have vision. Sometimes—in fact, usually—the best thing for a company with a very profitable business line to do is to milk it and forward the checks to investors. Separately I'm not convinced that companies with “vision” actually do better.
Hixie's Natural Log
Reflecting on 18 years at Google: early Google had a vision, but its culture has eroded, morale is at an all-time low, and healing requires changes at the top
1. Talks about really believing “don't be evil” especially as a contrast to Microsoft. As a Microsoftie at the time, it was really annoying to see a company take a moral stand tha...
2023-11-23
Companies don't need to have vision. Sometimes—in fact, usually—the best thing for a company with a very profitable business line to do is to milk it and forward the checks to investors. Separately I'm not convinced that companies with “vision” actually do better.
Hixie's Natural Log
Reflecting on 18 years at Google: early Google had a vision, but its culture has eroded, morale is at an all-time low, and healing requires changes at the top
I joined Google in October 2005, and handed in my resignation 18 years later. Last week was my last week at Google.
2023-01-31
reading between the lines, “witness 1” forwarded this to federal prosecutors the moment this hit his inbox lol https://twitter.com/...
Reuters
A US judge allows the names of the two people who posted SBF's $250M bail to be made public, but stays the ruling until at least February 7, expecting an appeal
A U.S. judge on Monday said the names of two people who helped guarantee bail for indicted FTX cryptocurrency exchange founder Sam Bankman-Fried …