I haven’t published anything on here in a long, long time.. Thought it would be fun to start up again. I wanted to give some stream of consciousness thoughts on how I think we can “fix” the economics of healthcare.. Hopefully I make a lot of folks think and make a lot of folks in…
Visit blogmaverick.com → RSS feedOn Hacker News Sep 2008 – May 2020
Tech Industry & Business 19Society, Policy & Culture 9Career & Management 3Startups 1Open Source 1Life, Learning & Writing 1
Remember the housing meltdown ? Tough to forget isn’t it. The formula for the housing boom and bust was simple. A lot of easy money being lent to buyers who couldn’t afford the money they were borrowing. That money was then spent on homes with the expectation that the price of the home would go up and it could easily…
Sometimes it’s not the obvious things that create the biggest problems. In this case one of the hidden job killers in our economy today is the explosion of patent litigation.
Anyone who reads this blog knows how much I hate patent laws . I think 99pct of the time they are anti-competitive, corruptive, impede creativity and innovation and can kill small businesses. I think the ratio of patent law doing a good job protecting company IP vs it being used purely to negatively impact competitors…
The only people who know what business Wall Street is in are the high frequency and automated traders. They know what business Wall Street is in better than everyone else. To traders, whether day traders or high frequency or somewhere in between, Wall Street has nothing to do with creating capital for businesses, its…
My last two posts were designed to stimulate discussion. But lets talk the real problem that regulators, public companies, investor/shareholders and traders face. The problem is that Wall Street doesn’t know what business it is in. Regulators don’t know what the business of Wall Street is. Investor/shareholders don’t…
The US Treasury is currently borrowing money at a Negative Real Yield . In any normal environment, if you can borrow money at a negative rate you should borrow as much as you can. The premise is that any idiot should be able to earn a return of greater than zero with the money. That’s a premise that should make the…
Andrews Ross Sorkin wrote a piece for the NY Times that was just ridiculous. He put the blame squarely on the back of the CFO of FB. Talk about getting it 180 degrees wrong.
First, let me say what you read here is going to be wrong in several ways. HFT covers such a wide path of trading that different parties participate or are impacted in different ways. I wanted to put this out there as a starting point . Hopefully the comments will help further educate us all
Make a boatload of money. Pay your taxes. Lots of taxes. Hire people. Train people. Pay people. Spend money on rent, equipment, services. Pay more taxes.
I’ve been getting a lot of questions from High School kids asking whether or not they should go to college. The answer is yes.
Ah the good old days. Stocks up $25, $50, $100 more in a single day. Day trading was all the rage. Anyone and everyone you talked to had a story about how they had made a ton of money on such and such a stock. In an hour. Stock trading millionaires were being minted by the week, if not sooner.
Its easy to write about what the government or other people should do with our/their money. It’s harder to come up with a course of action that I can undertake on my own that possibly, somehow could make a difference. My first inclination is always to try to look “for the next big thing”. But the next big thing is…
Thats what so many want. Right ? I’m certainly not going to lie and say it is not a whole lot better having lots of money. I had a whole lot of fun and loved my life when I was eating mustard and ketchup sandwiches and sleeping on the floor of a 3 bedroom apartment that housed me and 5 buddies.
My last two posts were designed to stimulate discussion. But lets talk the real problem that regulators, public companies, investor/shareholders and traders face. The problem is that Wall Street doesn’t know what business it is in. Regulators don’t know what the business of Wall Street is. Investor/shareholders don’t…
The simplest way to create more jobs is to allow small business and entrepreneurs to spend less time and money on lawyers and accountants and redirect that intellectual and financial capital to the core competencies of their business.
An article by John Doerr had a great quote from technology luminary Alan Kay that every entrepreneur needs to remember “ The best way to predict the future is to invent it. ”
I wrote a whole series of articles warning people about the stock market over the years. You can see them here . It’s gotten worse. So I thought i would write some more about why you should probably avoid putting any new money into the stock market…
There is one major problem on Wall Street, that until solved, will result in meltown after meltdown in future years. I can’t say if the meltdown monkey will hit every 2,3, 5 or 10 years. But I can say with certainty that it will happen again. Why ? Because Risk and Reward have been decoupled for CEOs on Wall Street .
I remember the time well. I was 27 years old. I finally had my own apartment for the first time. I still hadn’t bought a new car yet, but I was jazzed that I had a 4 year old Mazda RX 7. 4 Years old was as good as new to me, and driving a gold RX 7 back in the day was fun as well.
My buddy Jason had a GREAT post about rules for startups. Read it, love it learn it.