Steve Jobs, iPods, and Blue Jeans

When I think of Steve Jobs, I think of every computer I’ve chosen to use since I was 7 years old. My first video game (KidPix) was experienced on a mac. I first “hacked” in 4th grade so I could install games that I could play during free time (Crystal Quest, Spectre). I remember lurking [...]

Quora and Facebook Questions

Somewhere between the Economics and the Business Section, I had the realization that we’ve dedicated a good amount of time to trying to figure each other out. As I looked out over the stacks of books in the Social Sciences and Philosophy section, I wondered if we’re in fact getting closer to figuring one another [...]

Foursquare and Local Search

At LeWeb 2008, Marissa Mayer made the claim that an individual will conduct 70% of their economic transactions within 5 miles of their home. I agree, the market for local search — answering the question of where I should go to [eat, shop, drink, play] is the next frontier in organized search. Theoretically, local search [...]

Why I’d Buy Facebook

People have been asking me if I’d buy a chunk of Facebook at $50 billion. My answer is yes. Here is my thinking: For whatever reason, Goldman has a knack for being on the right side of bubbles. They have an eye for finding things that escape economic valuation, propping them up, and letting a [...]

For Whom The Bell Tolls

“It is like a merry-go-round, Robert Jordan thought. Not a merry-go-round that travels fast, and with a calliope for music… This is like a wheel that goes up and around… It is a vast wheel, set at an angle, and each time it goes around and is back to where it starts. There are no [...]

Keeping An Eye on the Mortgage Backed Securitization Process

The best description I’ve found of the sub-prime crisis comes from a routine by the British Comedy duo John Fortune and John Bird. At the end of the paper, I’ve attached a selected transcript, and also provide a link to a site where it’s possible to view the routine in full. In it, fictitious investment [...]