Iconoclastic magazine entrepreneur Felix Dennis passes
June 25, 2014, 3:21 pm
British magazine entrepreneur Felix Dennis passed away this week, leaving to posterity an empire of magazine brands, business wisdom, and poetry volumes.
Felix Dennis, modern magazine pioneer
British entrepreneur and pop culture personality Felix Dennis passed away this week at age 67, the New York Times reports. A businessman with 1960s counter-culture sensibilities, Dennis is known as a pioneer of the modern magazine industry, in which he fused his taste for the sensational with instincts for incipient consumer trends. Beginning his...
Where money in the markets may go next
June 22, 2014, 12:18 am
The US Federal Reserve, above, and other global central banks have injected record levels of liquidity into the markets, leading some to expect higher inflation.
The so-called "inflation trade"
Over the past 5 years, central banks worldwide have injected record levels of liquidity into the global markets. For example, according to Bloomberg, when the US Federal Reserve eventually ends its purchasing of...
Goldman Sachs CEO Says Secret is Great Risk Management
June 13, 2014, 8:54 pm
On the Charlie Rose Show this week, Goldman Sachs CEO Llyod Blankfein discusses how he and his company achieve success through great risk management.
Llyod Blankfein discusses the key to success
In a wide-ranging interview on the Charlie Rose Show week, Goldman Sachs CEO Llyod Blankfein offers a glimpse into what he views as the key to his company's success.
In short: tremendous focus on exceptional risk management. Says Blankfein, Goldman Sachs spends so much effort on creating contingency plans for each of its...
Taking stock of the 4 major market indices
May 19, 2014, 7:06 pm
The weekly chart of the Russell 2000 index, above, shows a serious violation of an 18-month bull market uptrend.
The 4 major stock market indices
There are over 8,600 publicly traded companies listed on US stock exchanges, which are reduced to 4 major averages that are most commonly used to analyze the stock market. They are:
Dow Jones Industrial Average
The original stock market average, the Dow is composed of 30 stocks -- a tiny fraction of the 8,600 total...
Steve Jobs Rare Footage from 1980
April 23, 2014, 11:44 am
In this rare 1980 footage, 25-year-old Steve Jobs discusses how he views the potential computers may have in the future, particularly how Apple will be a catalyst for user-friendly computer hardware and software. "It looks like the timing is right for that to occur," Jobs predicts.
Jobs and his "bicycle" for the human mind
In this archival footage taken in the months following Apple Computer's 1980 IPO, Steve Jobs offers a lucid and compelling depiction of his views on the potential of computers. Having co-founded Apple Computer four years earlier at the age of 21, it is striking how what Jobs has to say on the topic of computers rings true...