These aren’t the droids you are looking for. Saudi Arabia’s “jedi mind tricks” as described by FT Alphaville (and more recently here) Â involve telling the market where they want the oil price to be. The aim is that if the market knows where Saudi Arabia wants the price to be, they might conclude that Saudi…
There is a serious problem with journalism. Throughout the Lonmin strike, local and international news repeated the R4,000 per month current wage for miners as fact. One or two people pointed out that this wasn’t in fact the case, but that shortly disappeared from the stories and the amounts all over the media (and in…
The FT is horribly confused. The point of QE3 is to loosen monetary policy to encourage consumption and investment to boost demand to get away from the zero lower band. Increased inflationary expectations are EXACTLY WHAT BERNANKE IS AFTER, not market fears of inflation.
The jury verdict in Apple-Samsung is starting to look fragile. Did the jury understand anything? Is a jury trial the right way to settle this sort of claim? Wow
This recently collapsed ponzi scheme was based on Bitcoins. It could have happened with US Dollars or Danish Krone or South African Rand, so it’s not really the fault of Bitcoins (to personify a digital currency momentarily) but I think there is a link. Those who like Bitcoins are from four groups Nefarious ne’erdowells who…
Price competition with commodiised products is not a fun place to be. Lexmark is throwing in the towell on inkjets and will focus on laser printers. This links to the story about HP and Dell struggling to make money on commodity PCs while Apple changes the market and the margins. Michael Porter’s Five Forces are…
Trying out a new plugin that will allow me to include pretty formulae in future posts. Like this: $latex e^{\i \pi} + 1 = 0$ $latex \sqrt [3] {\alpha . \beta – \Omega} $ Not sure how much use I’ll get out of it, but good to know the capability is there should I need…
HP and Dell are both struggling enormously to make money. Consider this: Since Apple Inc. shifted the direction of computing with the release of the iPhone in June 2007, HP’s market value has plunged by 60 percent to $35 billion. During that time, HP has spent more than $40 billion on dozens of acquisitions that…
