-“We want to traffic in areas where there is not a lot of capital chasing for returns”,
-“Hackers are the animals that can detect a storm coming or an earthquake…there are two big things hackers are excited about now: Bitcoin and 3D printing.”
-“Trust is good, control is better” – list of all Borgen episodes (with the opening quotes),
–This is probably one of the best, most subtle and intelligent reviews of Upstream Color, one of the most interesting films of the year.
– Credit/Debt trading Hedge-Funds expanding rapidly and Third point seeking an IPO for its reinsurance arm,
– How Broadcast (antenna) networks can rake billions by going cable-only by The Verge (in the US, not sure if this works for EM, specially Brazil),
-Following up on the series Brian Eno in Finance (first installment: Eno’s letter to Nassim Taleb via The Drunkeynesian) this is Eno talking to Cambridge University Economist Ha Joon-Chang,
– Cervante’s Ocho Comedias for $145,000 and a first edition of Raymond Chandler’s Big Sleep for $19,000: browsing Bauman rare books.
-“Do not put your hand in front of a train, that’s what the Internet (video,tv,cable) is…”
-Michael Milken and the corporate financing cube,
-Brazilian inflation-linked bonds are about 60 per cent of total EM inflation-linked bonds,
-Inside Amazon’s giant fulfillment center,
-Famous writers and their other jobs,
-Salmon Rushdie on moral courage.
–Leviathan Evolving: New Varieties of State Capitalism by Harvard’s Aldo Musacchio and Sergio G. Lazzarini,
-Third Point’s Daniel Loeb on video (long, but brilliant),
-Also on video: Nassim Taleb at Stanford (via Farnam Street)
–Brooklyn Bridge Ventures‘ Charlie O’Donnell on “The Money and Interestingness Trade”
-John le Carré at The Times: ” a brilliant writer for whom spies are merely subject matter“.
According to the Knight Frank Wealth Report: Sao Paulo is #9 on High Net Worth Individuals population globally but #36 on “The Cities That Matter to High Net Worth” list and also LatAm High Net Worth money massively going out of Cash, Gold and Government Bonds and into Equities, Gold and Corporate Bonds…
Brazil poised to be the second largest market in the world for personal care products in 2013 – over USD $36 billion according to Euromonitor (via Quartz) and apparently the country has more than two times more pharmacies and drugstores than the USA.
Fred Wilson (from Union Square Ventures) on “Why The Unlocking Phones Debate is Important”.
If you haven’t read this yet, you should: George Saunders in The New York Times earlier in the year, an education: “In our lives, we’re many people,”.
Hedge-funds:2 books, 2 visions (the average and the “genius” ) as reviewed by The Economist
“When valuing a startup, add $500k for every engineer, and subtract $250k for every MBA.” – Ben Horowitz from Andreeseen Horowitz
“…when beer writers imagine heaven, it looks exactly like the Southampton Arms.“
a brilliant review by Geoff Dyer of Ben Lerner’s Leaving the Atocha Station
“Brokers try to flog you things, good advice costs a lot less.” – The last in a line of gentlemen bankers,
“A little business with a little profit and an entire regularity is happiness sterling to the true merchant; while a large business, expecting large profits, but in confusion and disorder, may be flattering but creates much anxiety and little comfort.” – advice from Barclays’ founding families,
naming particles – “The name (quarks) was based on a line from James Joyce’s Finnegan’s Wake: “Three quarks for Muster Mark!”
Leap Motion:3D gesture control….
Granta and the ‘best young Brazilian novelists’
Lockmann.org 