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Current Topic: Business

How Porsche hacked the financial system and made a killing
Topic: Business 11:38 am EST, Jan 14, 2009

This is fairly old news, but this is a better explanation than I ever read in any of the news papers covering the story.

How Porsche hacked the financial system and made a killing

Microsoft to Yahoo: come back, this isn't over!
Topic: Business 9:23 pm EST, Feb 11, 2008

After a torrid moment shared in the backseat of America's largest investment firms, Yahoo decided, at the behest of friends and family, that things just wouldn't work out with Microsoft. But it isn't over. In a very heartfelt public statement today set to the backdrop of In Your Eyes, Microsoft let it be known that it's still interested in "consummating" with Yahoo, and even got a little aggressive sounding in "reserving the right to pursue all necessary steps to ensure that Yahoo!'s shareholders are provided with the opportunity to realize the value inherent in our proposal." You old sweetheart, you're shaking!

Old news, but I thought that picture was hilarious.

Microsoft to Yahoo: come back, this isn't over!

'Dilbert's' 9-point financial plan worthy of economics Nobel - MarketWatch
Topic: Business 1:35 pm EST, Jan 17, 2008

I've actually just finished this book and it used the Dilbert material on the last page. The concepts weren't all that new to me, but its a good quick read on investing that can be done in 2 days.

I also recommend this book. To those who are already investment savvy it may seem like common sense. But no one ever told me the simple advice in this book. It also has simple graphs and metrics to show how these techniques will earn more money than if you invest like an average person that doesn't know any better.

'Dilbert's' 9-point financial plan worthy of economics Nobel - MarketWatch

The Honor System
Topic: Business 2:28 pm EDT, Jul 17, 2007

Just about everything in civilization works on the honor system.

No armed guards at the local grocery store, no pat down as you leave the library. Most people cross the street without fear of crazed hit and run assassins.
When we move online, though, two things happen. First, word among the black hats spreads fast. One person starts ripping you off and suddenly it's a hundred.

Worse, the ripoffs and bad actions can scale. Sure, only one in a thousand email users is a spammer. But one spammer, aided by a computer, can send a million or more emails in a day. Suddenly, the people who violate the honor system are able to drown out the good guys.

Just like the real world, though, if you spend all your time preparing for and defending against the black hats, you'll never accomplish anything. If you assume that every single interaction online is fraudulent until proven otherwise, people will just move on to the competition.

So, online, you're between a rock and a hard place. The first opportunity is to treat your friends better than ever, because word of mouth online is incredibly powerful. The Net brings significant leverage--you can spread ideas farther and faster.

The Honor System

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