What Business is Wall Street In ?

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 know what business Wall Street is in. 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…

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The Cure to our Economic Problems

I originally wrote this almost 4 years ago. It’s amazing how it still fits. Oct 23rd 2008 7:16PM I would hate to be the winning Presidential candidate. Both candidates are delusional  in thinking  their economic policies will drag us out of a recession or even improve the economy.  The reality is that the solutions offered by…

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Are Better Off Today Than We Were 4 Years Ago …Part 1

Everyone is going to answer that question differently based on their own personal situation. But what I can tell you as a business person trying to look at the big picture, I don’t remember 4 years ago as being a good time for business.  As a starting point of reference, here is a reminder of…

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Facebook Handled their IPO Exactly Right

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. Have you ever been to an auction where the selling party told a buyer to reduce their price because they were…

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Which USA do you work in ?

When it comes to getting a job, the USA has bifurcated into two employment worlds, the digital world and the brick and mortar world. The brick and mortar world is everything you physically touch. Its manufacturing. Its retail sales. Its distribution. Its construction. Etc. The digital world is everything defined by what you find on…

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The Future of Video on the Internet

Henry Blodget and others have been arguing about the future of TV. I thought I would add my argument about the future of video on the internet. This is taken from an interview in VideoMaker Magazine. From 1999 by Larry Lemm November 1999 This last Spring, Yahoo!, the Internet portal, paid about $5 billion worth…

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