Tag Archives: economy

Twitter: The Business of Community

Source: Shutterstock Twitter continues to explore and appraise long-term revenue models. For the time being, Twitter’s primary focus is to build and nurture a thriving and indispensable community.  Equally critical is the company’s ability to steer engineering and marketing efforts towards developers to empower them to extend, evolve, and enhance the overall Twitter experience for the [...]

The Evolution of A New Trust Economy

Source: Shutterstock (edited) Social Media is rooted in relationships, the dynamic interaction and collaboration between real people. We learned and continue to learn how to communicate in public forums, evolving our personal views on privacy and uncertainty as we transform from digital introverts to social extroverts. This is our industrial revolution and its reward for participation [...]

The Benevolent Acts of Reciprocity and Recognition

Source: Shutterstock
I believe if Social Media warranted a mantra, it would look something like this, “Always pay it forward and never forget to pay it back…it’s how you got here and it defines where you’re going.”
This is the credo I live by and something that has only been reinforced as part of my daily regiment, [...]

Testosterone, EMH, and Sharpe Ratios

Reuters is out with an article entitled Hormones, incentive, experience make best traders.  The article reviewed a recent study entitled A Note on Trader Sharpe Ratio by John Coates, a Cambridge research fellow in neuroscience who previously worked on Wall Street.
The study analyzed the effects of hormones and experience on the trading performance of 53 [...]

Frontrunning the frontrunners: Telling where the market is going by looking at hiring trends

Success in the markets comes from knowing what and whom to follow.  As Professor Seyhun proved in his research on insider trading, investors would do well to follow the buys and sells of corporate insiders, especially high ranking executives.   Wall Street essentially does the same.  Given the intricate, interconnected web of broker/dealer relationships, client feedback, [...]

Can Bloomberg save the newspaper industry?

We’re not talking about Mayor Bloomberg here, but rather the mutibillion dollar financial media empire he founded.  While there are a lot of alternatives for traders these days, including CapitalIQ and Reuters, most traders still use the ubiquitous Bloomberg terminal as the interface between trading and research.
For the unacquainted, Bloomberg terminals are the defacto research [...]

The Dichotomy Between Social Networks and Education

Einstein Chalkboard: Source
Recently, I discussed the validity of whether or not social networking (the verb) and social networks (as a noun) were impairing our ability to learn. A Stanford study suggested that this might be the case.
It seems that the initial research and its supporting data is now emerging to help us further analyze whether [...]

Investment bank research dead? Hardly.

It’s a little to early to auger the demise of the investment bank research department.  Yes, they’ve lost their prestige and their ability to move stocks like butter.  Yes, independent, buy-side research firm Gerson Lehrman is rockin’.  Yes, we’re even beginning to see the early stages of free, collaborative research take hold here and here.
But [...]

Help Wanted: Morgan Stanley putting out feelers for more sales traders

It’s not only brokers being highly sought after as Wall Street and the financial industry rebuilds itself.  From today’s WSJ, “Morgan Stanley makes sales, trading hiring push“,
Morgan Stanley is in a hiring push that will add as many as 400 trading and sales positions as it tries to revive profits in areas such as fixed-income [...]

Cash conundrum: should I stay or should I go

Many portfolio managers I speak to effectively sidestep the worst of the crunch last year up until early March.  That doesn’t mean they weren’t down — they moved big time into cash.  Even though, they’ve been pessimistic and shaved down their exposure to stocks, they kept much of that exposure and have seen portfolios benefit [...]