Browsing All Posts published on »September, 2008«

More on United Airlines & the Efficient Market Hypothesis

September 14, 2008

1

While with a friend today at a rare Saturday afternoon poker game, we got talking about the United Airlines bankruptcy story that inadvertantly crept up to the top of the headlines earlier this week. As a hedge fund guy, we laughed and said he watched the stock fall in real time. His boss asked what […]

The Efficient Market Hypothesis in action

September 13, 2008

0

One of the more interesting and hotly debated concepts in finance is the efficient market hypothesis, which “assumes that all important information regarding a stock is reflected in the price of that stock.” (Definition courtesy of Brigham’s 12 edition textbook.) Personally, I’m not exactly sure where I fall on this argument, thought it’s clear that […]

Our Fearless Leader on FOXBusiness

September 11, 2008

0

Just a quick plug for our work at Altos Research. Mike Simonsen, our CEO, was interviewed on FOXBusiness News this week with a focus on potential bright spots in the US Housing market. Always cool to see our little shop get some national exposure. Here’s a link to the video interview. (There’s a short commercial […]

Viva Monopoly!

September 10, 2008

1

With the launch of Google’s new browser – Chrome – I can’t help but consider one of the basic laws of market economics: Monopolies are good. Back in 1997, strategy+business published an interview with Paul Romer, a Stanford economist that has been a leader in the development of new growth theory. In the article, Romer […]

Interview with Spider Juice Technologies

September 5, 2008

0

Tim O’Keefe at Spider Juice Technologies and Houseblogger.com interviewed me to learn more about Altos Research and how we support real estate agents in answering “How’s the market?” for their clients. We had a great time talking both before and during the interview. Check out and downloadthe interview here. If you’re not familiar with Spider […]

Viva Monopoly!

September 4, 2008

0

With the launch of Google’s new browser – Chrome – I can’t help but consider one of the basic laws of market economics: Monopolies are good. Back in 1997, strategy+business published an interview with Paul Romer, a Stanford economist that has been a leader in the development of new growth theory. In the article, Romer […]

An Entrepreneur’s Lessons Learned

September 1, 2008

11

It’s been about a year since I closed up my consulting shop – Economic Information Services. The company provided business consulting services, focusing on Central Asia and Ukraine. Basically, our job was to develop local projects in these regions and find investment capital for them from international sources. I occasionally find myself comparing work with […]