Category Archives: Uncategorized

Not all winning bets are smart

Don’t speculate with your home

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From Wall Street Dark Pools to Puerto Rican Swimming Pools

Slate Money on Aereo’s Supreme Court loss, and rich people flocking to Puerto Rico

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Aereo could have saved the airwaves from the broadcasters’ ransom

Spectrum has been gifted to media groups eager to cash in on what is free, writes Felix Salmon

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Hedge Fund vs. Sovereign

How U.S. Courts Are Upending International Finance

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Why Argentina Could Default … Again

Slate Money on Amazon’s new phone, the effect of the crisis in Iraq on the oil market, and Argentina’s loss at the Supreme Court

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Spinoffs, Write-downs, and Techie Taxis

Slate Money on Uber vs. Europe, Time Warner’s magazine spinoff, and Larry Summers’ favorite book

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BuzzFeed’s Jonah Peretti Goes Long

The media mogul (twice over) on being both contagious and sticky

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Lessons from a $110 million penthouse

The physical manifestation of r>g

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How well uberX pays, part 2

Maybe not quite as well as Uber would have you think

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Wall Street’s Toughest Judge

Slate Money on Judge Jed Rakoff, the European Central Bank, and the saga of billionaire Steven A. Cohen

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The number 2,000

Economic lessons from Brazil

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America prosecutes its interests and persecutes BNP

What we are seeing is unapologetic American exceptionalism, manifesting as extraterritorial powermongering

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One question all managers should ask themselves about pay

What’s the ratio between my pay and that of my highest-paid employee?

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The economics of “everyone’s private driver”

What happens when cab drivers stop being employees and start being sole proprietors

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Where is Felix

I left Reuters, and I’m not sure when or whether I’m going to have any kind of regular blog at Fusion. And in my new promiscuous life, it’s not going to be very easy to keep track of everything I’m … Continue reading

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James Ball on masturbatory journalism (annotated)

Read “Why can’t nerds break news instead of just explaining it?” by James Ball on News Genius

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Scoops: When journalists masturbate

“Breaking news is the most masturbating thing journalists do” – @felixsalmon, Fusion #ijf14 pic.twitter.com/Pu5elT6XRz — journalism festival (@journalismfest) April 30, 2014 This quote is beginning to get some press attention, so I ought to correct the record: I said “masturbatory”, … Continue reading

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Merlot Contest

After the wine contest and the Pinot contest, last night was the Merlot contest. And boy did passions run lower. I thought that there would be many more really bad wines, just because people don’t really know the grape, and … Continue reading

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Merry Christmas Bleg

Merry Christmas to you. As for me, all I want for Christmas is… …a very simple WYSIWYG HTML editor. Why can’t I find one? I spend most of my days writing blog entries. Mostly it’s just text inside <p> tags, … Continue reading

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Was LTCM a lower-tail event?

I have to admit I’m a bit vague on the specifics of what happened in the LTCM blow-up. In my mind, it has always been inextricably linked with Russia’s debt default, although this many years later I’m not even sure … Continue reading

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What’s going on in the subprime mortgage market?

Deep breath… and… subprime mortgages! It’s almost impossible, but let’s try to be dispassionate here, in contrast to the hyperbole of, say, Nouriel Roubini. First, where’s the risk? A huge chunk of it resides at mortgage insurers, two of which … Continue reading

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Zipcar insurance

Gearbox has returned! It was launched as a vehicle for Mickey Kaus to blog about cars in 2001. He managed one entry that year, followed by another one at the end of 2002. 2003 was the golden year for Gearbox: … Continue reading

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Saturday @ Phillips

In an attempt to stay young ‘n’ trendy, Phillips de Pury has launched a new auction series called Saturday @ Phillips. The idea is that it’s an entry-level auction, for people who don’t have hundreds or even tens of thousands … Continue reading

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Straight outta Charlie Kaufmann

Not only does New York have a Puppet Lending Library, but it’s in the Grand Arch at Prospect Park! Yes, as in inside the arch. It’s open Saturdays from noon to 4pm, and occasionally there are even performances in the … Continue reading

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The Apple recall

So there’s tons of news about Apple’s battery recall, which involves Apple replacing either 1.1 million or 1.8 million Sony batteries. Obviously the source for all this news is Apple itself. But there’s nothing on the apple homepage, nothing on … Continue reading

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