Daily Archives: October 16, 2015

When buy and hope comes up red

The finance business reaps profits by selling us risk. When valuations are cheap we have a better than average probability of earning reasonable compensation for that risk. When valuations are high, we don’t. In fact when valuations are near secular, … Continue reading

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Financial reform and the 2016 presidential campaign

Dennis Kelleher of Better Markets talks about the roles Wall Street reform and the concept of “too big to fail” are playing in the 2016 presidential race. Here is a direct video link. Also see, this Nomi Prin excerpt: Hillary, … Continue reading

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Colbert: self-driving cars are coming for us

Funny, but seriously, this is happening… It seems like every billionaire with a tech company is working on a self-driving car, so they’re coming whether you like it or not. Here is a direct video link.

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60 Minutes: self-driving cars

For many people, the idea of a self-driving car is, well, a little disconcerting. But top automakers say driverless cars powered by a form of artificial intelligence could one day be safer than our human-driven ones — and a lot … Continue reading

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Democracy foiled: a closer look at the purchase of political influence

Any person who values democracy has to see the need for curtailing influence from any one person, pact or group. It should not be missed that the Ken Griffin mentioned at the start of this clip, is the same Griffin … Continue reading

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