Tag Archives: Bloomberg

Comment on Bloomberg Article


What is worrying is that the post 1990s narrative Putin laid out — in which the U.S. has ignored, humiliated, encircled and isolated Russia since the collapse of the Soviet Union — is one most Russians whole-heartedly believe. They, too, can’t imagine that ordinary unarmed citizens — whether in Kiev, the Arab Spring countries or elsewhere — might act of their own volition, rather than as pawns in a U.S. game.

Everything is truly connected. There are only two distinctions to be made:
-Whether the connections can be explained-Whether the connection is strong or not

I’m increasingly skeptical of independence and liberty outside anonymous authorship.

There was other article on Bloomberg that claimed Yahoo! was being hypocritical by demanding the NSA to keep its hands off their data while handing names to the Chinese government. Well, I think it’s even worse than that, I think Yahoo! was siding with the Chinese because they thought they offered better advantages over cooperating with the US.

However, I also think Bloomberg(and the public) is naive in thinking any company can choose not to take sides; that option isn’t on the table for anyone who needs connections and money to manage a business(that is, anyone, period).

The fact that recordings of old data reveal more about us than we know led me to think we would embark into some kind of utopia where everyone knew everyone and politicians had to be honest with the people and with other politicians. Alas, what is really happening is that the power is still lying but avoiding consequences by changing its shape more rapidly. Alliances are forming and dissolving so fast that it might even be causing the gridlock in Washington.

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Bloomberg Quote

If you’re an insider, on this theory, and you know that the price is wrong, you can’t trade until it’s corrected. Just announcing the truth isn’t enough. You have to get the market to believe you.


I side with the SEC on this one, their information was more accurate than the market’s(same as having undisclosed material info). Speculators create value by correctly pricing an asset, they should be allowed to work. The question is, should company owners(or their tippees) be allowed to speculate with their own stock? I don’t know. There is probably a conflict of interest here, so there should be some mechanism(not necessarily external) to keep it at check.

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Comment on Bloomberg

” Stephen Zhou • 17 hours ago

Pretty obvious, no profit, no user growth, no expansion, just not worth 31$. Gotta say weibo is way better regardless the govt regulations” on Bloomberg

Every company in China,Russia,Brazil or any other country that blocks foreign competition is nothing but a frail helpless pet that will get eaten as soon as the walls come down. I wouldn’t wage even one penny on them.

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I guess every f…

I guess every financial and economics blogger is required to write a post about Thomas Piketty’s “Capital in the Twenty-First Century,” and I guess this is mine. A key message of that book, and of this Institutional Investor Alpha ranking, is that the major driver of modern inequality is not dispersion of labor income or human capital, but rather dispersion of capital endowments and investment opportunities, and that returns to capital will outpace economic growth and make the rich richer in a way that those who make money from labor can’t compete with. The way to make a lot of money is not from labor income, even the labor of investing other people’s money — successfully or otherwise — at 2-and-20 fees. The way to make a lot of money is by starting with a lot of money and investing it well.

(from http://www.bloombergview.com/articles/2014-05-06/billionaire-hedge-funders-made-money-the-old-fashioned-way)That would be exactly correct if you were to just invert it. Capital is begetting increasingly meager returns while (extremely skilled)labor is making billionaires every year.Investing it well is labor, by the way. Try knowing something that managers/algos don’t already know and tell me if it was easy.

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May 7, 2014 · 11:07 am

Bloomberg on Big Data

“Or it might mean advanced technological recourses — the report mentions encryption and “perturbing” data to help anonymize it. It will probably require some combination of innovative approaches. “

It’s impossible to erase the track to a given user as suggested because doing that would require knowing every single pattern present on her data. Nobody knows that, our knowledge of patterns keeps increasing but you can’t go back to rectify/re-perturb your data, which is why:

-There will be no more spies
-Everybody will know everything about everyone they want to(I think I’m repeating myself here, I have said this on some other post I guess)

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