Mobile Economy: Anindya Ghose Says Life Getting Even Faster With Tech

Professor Anindya Ghose sees life getting even faster with mobile tech:  Bloomberg View (bloomberg.com) columnist Barry Ritholtz (ritholtz.com) interviews Anindya Ghose, a professor of information, operations and management sciences as well as marketing at New York University's Leonard N. Stern School of Business. He tells Bloomberg View columnist Barry Ritholtz that technology is changing things even more rapidly than we might have guessed only a few years ago. The future as envisioned in such science fiction films as Philip K. Dick’s “Minority Report” isn’t several decades away -- it's only two or three years away, and will profoundly change economies.

Ghose is Director of the Masters of Business Analytics program at NYU, and author of Tap: Unlocking the Mobile Economy.

"Think of the mobile as a butler, not a stalker." -Prof Anindya Ghose, on using customer analytics.

Embarking on a multi-country book tour. Hong Kong, Shanghai, Singapore, HoChiMin city, Kolkata, Mumbai, Vancouver, Beijing, Harbin & Seoul! pic.twitter.com/utpfwAejba

— Anindya Ghose (@aghose) June 9, 2017

This is one of the best reads on Bitcoin and crypto currencies ever! Long but excellent.https://t.co/PPPDGPUST3

— Anindya Ghose (@aghose) July 1, 2017

Congratulations @Akshay001 on the mention! When Should a Founder Say Goodbye to his/her Start-up? by @SanchDash https://t.co/TwfO2GPz2w

— Anindya Ghose (@aghose) July 4, 2017

The Losers of the Smartphone Boom! pic.twitter.com/C5olq23faI

— Anindya Ghose (@aghose) June 29, 2017

feedback & comments via twitter @DomainMondo

Follow @DomainMondo

DISCLAIMER

Oaktree Capital's Howard Marks on Cycles, Panics & Valuation (video/audio)

Oaktree's Howard Marks Is Cautious, But Still Investing

Video above: Oaktree's Howard Marks Is Cautious, But Still Investing (February 9, 2017). Howard Marks, co-chairman at Oaktree Capital, discusses his firm's investment strategy and the importance of using caution as an investor in times of market uncertainty. He speaks with Bloomberg's Erik Schatzker on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Oaktree Capital's Howard Marks on Cycles, Panics & Valuation (podcast audio here): Barry Ritholtz interviews Howard Marks of OaktreeCapital.com, for Bloomberg's Masters in Business (MIB) podcast series. Ritholtz last interviewed Marks in July 2015 for MIB (interview here).

Marks and his partners formed Oaktree Capital in 1995 with a focus on high-yield bonds, distressed debt, private equity, and other credit based strategies. Oaktree currently manages 22 separate debt funds, totaling over $100 billion dollars in assets under management. Oaktree's 17 distressed funds' returns have averaged over 19% per year (after fees) over the past 22 years.

Ritholtz has noted that "Marks had the foresight to set up an 11 billion dollar distressed fund (7B) raising capital from March 2007-08. By June 2008 they had called 12% of it; following the collapse of Lehman Brothers on September 15th 2008, they began putting half a billion dollars per week to work in the credit marks. They finished the year about 70% invested, deploying 6.5 billion dollars by years end."

“All you had to do to make money in the crisis – was have money to spend and the nerve to spend to it. You didn’t need caution, conservatism, risk control, patience selectivity, discipline, any of those things. All you needed was money & nerve. But not all the time, because sometime money and nerve will get you killed. One of the keys to investing is to know which is which.”--Howard Marks

Marks may be best known for his Chairman’s Memos that he has been writing since 1990, noting that he spent the first decade printing them, inserting them into envelopes and physically mailing them off into the world, with zero response. Finally, with his January 2000 letter “Bubble.com,” there appeared to be evidence that people were actually reading them. At Warren Buffett’s urging, Marks wrote the book The Most Important Thing.
Tweets by Oaktree

Domain Mondo Editor's Note: last MacroView post (Feb 16, 2017) at least for awhile.

feedback & comments via twitter @DomainMondo
Follow @DomainMondo

DISCLAIMER

Jack Bogle, Founder of Vanguard Group, Creator of Index Funds, Interview

Who's Jack Bogle? Legendary investor, creator of the index fund, founder of the $3.5 trillion dollar Vanguard Group.

"Bogle tells the fascinating story of Vanguard’s origins ... he named the new management company company for the HMS Vanguard, flying Rear Admiral Sir Horatio Nelson’s flag. Bogle discusses Wall Street’s initial response to index funds, explains why no one ever really decided to compete with Vanguard, and holds a master class on the proper way to invest ... you can hear me struggle for about 12 minutes trying to direct the interview before I give up, satisfied to merely have an amazing conversation with one of the most legendary personalities in all of finance."-- Barry Ritholtz, Interview With Jack Bogle: Masters in Business (Audio) by Bloomberg View.

See also: 

• The Bogle eBlog - Domain: johncbogle.com

• Vanguard Group - Domain: vanguard.com

• Investing, Jack Bogle, Warren Buffett, S&P 500 Index, US, China| DomainMondo.com

• Jack Bogle: Follow these 4 investing rules—ignore the rest | CNBC

• Bogleheads Investing Advice and Info

• #Bogleheads

Tweets by Vanguard_Group

Follow @DomainMondo

DISCLAIMER

G20 Meeting in China, Mohamed El-Erian Interview, Twitter Feeds

G20 meeting in China, February 26-27, 2016, at Shanghai, where differences of opinion have broken out among the members, see Clashes over policy at Shanghai G20 meeting - FT.com and Laid Bare in Shanghai: G-20 Tensions Over How to Spur Growth - Bloomberg Business: "... Calls for increased government spending to lift demand, which have emanated from the U.S. and China, ran into opposition from German Finance Minister Wolfgang Schaeuble, who said using debt to fund growth just leads to “zombifying” economies. Bank of England Governor Mark Carney voiced skepticism over negative interest rates, which have now been adopted in continental Europe and Japan, and the head of the International Monetary Fund also warned about diminishing effectiveness of monetary policies...."
#G20 Tweets
About the G20:
G-20 major economies - (Wikipedia): "The Group of Twenty (also known as the G-20 or G20) is an international forum for the governments and central bank governors from 20 major economies. The members include 19 individual countries—Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom and the United States—along with the European Union (EU). The EU is represented by the European Commission and by the European Central Bank. The G-20 was founded in 1999 with the aim of studying, reviewing, and promoting high-level discussion of policy issues pertaining to the promotion of international financial stability."

Domain: g20.org



Interview With Mohamed El-Erian - Masters in Business (Audio) by Bloomberg View (45 minutes, published Feb 13, 2016): Mohammed El-Erian of Allianz (also former CEO and co-chief investment officer of Pimco, owned by Allianz), interviewed by Barry Ritholtz on Bloomberg View's Masters in Business series.

Background of El-Erian:

• 15 years at the International Monetary Fund in Washington, D.C., where he served as deputy director. Chairman of the president’s Global Development Council; 
• Foreign Policy named him to their Top 100 Global Thinkers list, and called him one of the 500 most powerful people on the planet.
• His book, When Markets Collide: Investment Strategies for the Age of Global Economic Change, a New York Times and Wall Street Journal bestseller, and winner of the Financial Times and Goldman Sachs Business Book of the Year Award in 2008. 
• His new book: The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse. El-Erian also publishes regular commentary on Bloomberg View and the FT.

Mohamed A. El-Erian on Twitter: @elerianm
Tweets by @elerianm

Follow @DomainMondo

DISCLAIMER

Anthony Scaramucci Interview, Succeeding Through Failure (BV Podcast)

Anthony Scaramucci on Succeeding Through Failure: Masters in Business radio podcast with SkyBridge Capital founder and managing partner Anthony Scaramucci, interviewed by Barry Ritholtz. Scaramucci, known as the “Mooch,” describes how he succeeded through a series of failures. Fired from the investment banking department at Goldman Sachs, he landed a new job two months later -- in the sales department at Goldman Sachs. There, he helped raise money for PC maker Dell in the early 1990s when the company ran into some trouble. When he started Skybridge as a hedge-fund seeder, it faltered. When the financial crisis hit he used the opportunity to buy the fund-of-funds business of Citigroup. The business thrived, and the firm now has about $13 billion under management. He is the author of "Goodbye Gordon Gekko: How to Find Your Fortune Without Losing Your Soul," and is co-host of the revived program "Wall Street Week," which his firm owns. Skybridge Capital also founded the influential SALT conference.

Topics: Success, Failure, Business, Investing

Domain names of companies referenced:

• skybridgecapital.com
• saltconference.com
• wallstreetweek.com
• goldmansachs.com
• citigroup.com
• bloombergview.com

See also on Domain Mondo: Investing, Trading Against Machines, Jim Chanos Shorts China (video): "Kudos to Anthony Scaramucci and SkyBridge Media LLC, an affiliate of SkyBridge Capital, for acquiring rights to use the domain name wallstreetweek.com and reinventing the iconic program originally hosted by Louis Rukeyser ..." 


Follow @DomainMondo

Chef Bobby Flay - Interview, Restaurants, Websites, Domain Names

This “Masters in Business” radio podcast features Barry Ritholtz interviewing Bobby Flay, chef, restaurateur, cookbook author and star of the Food Network. Flay dropped out of high school and started working in restaurants before being singled out by Broadway restaurateur Joe Allen, who sent him to the French Culinary Institute. He became the head chef of Miracle Grill, where he was one of the first to introduce Southwestern cuisine to New York. His first restaurant, Mesa, was a sensation, winning accolades and awards. Flay also is the star or host of more than a dozen shows on the Food Network and the author of 14 cookbooks, including “Bobby Flay’s Bold American Food” and “Bobby Flay’s Barbecue Addiction.”

The Official Website for Chef Bobby Flay: bobbyflay.com

On Twitter: Bobby Flay @bflay | Twitter

Bobby Flay Restaurants:

• Bar Americain baramericain.com 
• Bobby Flay Steak bobbyflaysteak.com
• Bobby's Burger Palace bobbysburgerpalace.com
• Gato gatonyc.com
• Mesa Grill mesagrill.com

Follow @DomainMondo

Barry Ritholtz Interviews Westwood Capital Investment Banker Dan Alpert

Barry Ritholtz interviews investment banker Dan Alpert, founder and managing partner of Westwood Capital. Alpert is the author of “The Age of Oversupply: Overcoming the Greatest Challenge to the Global Economy.”

domain name: westwoodcapital.com

Domain Mondo note: For entrepreneurs and start-ups the interview becomes interesting @17:30--the global economy and its implications, China, oversupply, demand.... 

Alpert created the first collateralized debt obligations backed by commercial mortgage-backed securities, and one of the very first real-estate investment trusts. Over the past 30 years working in finance, he has developed expertise in distressed assets, structured products and real-estate financing.

Follow @DomainMondo

Barry Ritholtz: Apple Proves You Should Not Trust Analysts (video)

Barry Ritholtz: Apple Proves You Should Not Trust Pundits a/k/a Analysts (video above)

domain name: apple.com

see for cross-reference:
Domain Mondo | New gTLD Domains, Market Forecasts, Analysts, Monkeys: "One of the collective fallacies our culture operates under is the delusion that the market is some kind of astute forecasting machine. It is not — it represents the collective wisdom of 10 million panicked monkeys. That millions of slightly clever, pants wearing primates can combine their collective ignorance, their intellectual foibles, biases and false beliefs somehow into something resembling intelligence was one of the false beliefs of the era. Unfortunately, this is a condition the monkeys are prone towards....”--Barry Ritholtz (emphasis added)

and for further reference re: new gTLD domain names--

"... Second most surprising [in 2014] was the slower uptake of new gTLD SLD's [new generic top-level domain names]... we were surprised that the consuming public and other registrars were not standing there eagerly to take the baton and run forward with the same zeal that it took us to get that baton to them... " -- Frank Schilling (emphasis added; source: dnjournal.com)

Follow @DomainMondo

Internet, Digital Technologies, Journalism, Competing Against Free (audio)

Barry Ritholtz interviews William Grueskin, former managing editor of the Wall Street Journal Online, and former academic dean of the Columbia School of Journalism. (Since the interview, Grueskin has joined Bloomberg as executive editor for training.) Discussed are the challenges of competing against “free.” Grueskin witnessed the transition of the Wall Street Journal under Rupert Murdoch and discusses some of the changes. From his unique vantage point, he has observed how the business of journalism has evolved since the advent of the Internet and digital technologies. We discuss the substantial financial pressures on the dissemination of news that are changing the role of the press in a democratic society and imagine what journalism might look like in the future.


Follow @DomainMondo

Mark Cuban Talks Domain Names and More with Barry Ritholtz (audio)

Mark Cuban, owner of Dallas Mavericks, co-founder of Broadcast.com, and regular on ABC’s Shark Tank, interviewed by Barry Ritholtz. This is a fascinating and wide ranging interview, with a brilliant and innovative investor, talking about, among many other things, domain names and the multi-billion dollar deal he did with Yahoo. (You will not be disappointed!)

And below, a Bloomberg TV profile of Mark Cuban--"How I Became a Billionaire"


Mark Cuban: How I Became a Billionaire

Bloomberg Game Changers profiles Dallas Mavericks' owner Mark Cuban. See how Cuban spun his love of basketball into a multi-billion dollar enterprise. (Source: Bloomberg - Published on Apr 23, 2014)


Follow @DomainMondo

Barry Ritholtz Interviews Jack Schwager, author of Market Wizards (Audio)

Masters in Business: Market Wizards by Jack Schwager (Audio) by Bloomberg View:



Barry Ritholtz interviews Jack Schwager.

Great advice for any kind of investor--well worth taking the time to listen to the whole interview:

Barry: hold "strong opinions, loosely held"

Jack Schwager, author of “Market Wizards: Interviews With Top Traders.” More than 25 years after the first book was published in 1989, the series remains one of the most widely read books on Wall Street trading desks.

There are consistent themes found in Schwager’s interviews: discipline, risk management and capital preservation, intellectual flexibility, personal responsibility and honest self-appraisal. William Eckhardt, who famously debated with Richard Dennis about whether trading could be taught, summed up many of these rules with the quote: “Amateurs go broke taking large losses, professionals go broke taking small profits.”


Follow @DomainMondo

Larry Swedroe: Ignore Marketplace Noise, There Are No Good Forecasters

Ignore the Noise!--"The importance of ignoring [marketplace] noise within economic data"

"There are no good forecasters!" (Sound familiar domain name investors?)

Barry Ritholtz interviews Larry Swedroe, research director for the BAM alliance, and author of 14 books on investing--

The Big Picture: some books by Larry Swedroe:

• Investment Mistakes Even Smart Investors Make and How to Avoid Them

• What Wall Street Doesn’t Want You to Know: How You Can Build Real Wealth Investing in Index Funds

• The Only Guide to a Winning Investment Strategy You’ll Ever Need: The Way Smart Money Invests Today

• Think, Act, and Invest Like Warren Buffett: The Winning Strategy to Help You Achieve Your Financial and Life Goals

• The Successful Investor Today: 14 Simple Truths You Must Know When You Invest


Follow @DomainMondo

Barry Ritholtz on Blogging

Having been inspired by, and having borrowed from on more than one occasion, Domain Mondo owes a debt of gratitude to Barry Ritholtz, chief investment officer of Ritholtz Wealth Management, author of "Bailout Nation," blogger at his own the Big Picture, a financial blog, and also writer for Bloomberg and the Washington Post, and interviewer on the Bloomberg podcast "Masters in Business." Barry has written the definitive piece on blogging in the Washington Post (at the link below, excerpts follow) which is well worth reading for anyone who writes, blogs, or has an interest to do so--

After 30,000 posts, Big Picture blogger has figured a few things out - The Washington Post (excerpts--read more at the foregoing link):

"Writing is a good way to figure out what you think. To quote Daniel Boorstin, the former librarian of Congress, “I write to discover what I think . . . After all, the bars aren’t open that early.”"

"In the early days, mainstream journalists were comfortable “borrowing” freely from blogs without attribution — not so much as a quote or a link to the original piece."

"Content: creativity, criticism and curation... Original research and analysis that teaches about a subject or identifies something new or unknown is always welcome. Criticism of errors, myths and simple falsehoods helps the reader learn about the arguments of the day, and which claims should be looked at askance... Curation is the application of intelligence and judgment to the immense universe of content."

"Reader comments have become useless."

"Advertising is a terrible business model (unless you are Google)... Yes, there are many non-monetary reasons why I blog, but if you are in this for the money, you are wasting your time."

"It can be difficult for readers to distinguish between good information and distracting nonsense."


Follow @DomainMondo
Seguir a @DomainMondo

Domain Names, Your Brain, and Domain Name Investing

Michael Berkens, The Domains: Rick Schwartz Now Owns More New gTLD’s Domains Than I Do

It's 2014 people: "Rick, you have lost your mind."

If your investments of choice are Domain Names -- just substitute those words for "stocks" in the slides below -- (hint: when you get to optimism bias, herding, and over-optimistic groupthink, think of the ICANN new gTLDs program!)

FPA Nor Cal 2014.Ppt
source: Barry Ritholtz presentation May 27, 2014


Follow @DomainMondo
Seguir a @DomainMondo

ICANN's new gTLD domain names: Innovation OR Hokum by Hucksters?

Domain Shane: "I’m going to have to admit it. Many of the articles on the domaining feed are down right unreadable. We all pump. We get paid to pump. But due to the sheer number of new gTLDs coming out there is a much bigger need for pumping. The competitiveness had [sic] also turned things ugly as readers and customers are getting tired of the articles and even the registries and their approaches. It’s even worse in the domain conference world...."

WANTED: Fiction writers to come up with riveting copy and narratives for launch of ICANN's new gTLDs (generic top-level domain names).

Frank Schilling explains ICANN's new gTLDs in the video above--beware story-tellers with products for sale--ICANN's new gTLDs: we are only limited by our imaginations! (Plus $185,000 up front to ICANN plus renewal fees.) "Narrative makes for a compelling story. It appeals to us emotionally. It often falls apart when scrutinized" (source infra).

"Late last year, we had a wholesaler from a major exchange-traded-fund firm visit our office. At the time, the chatter was all about the planned Alibaba Group Holding Ltd. initial public offering. It was going to be, in his words, “huge, disruptive, incredibly powerful"... Never mind that IPO returns are on average mediocre or worse ...This guy had a great story to tell, and to the uninitiated, it was enthralling. The story, as it turns out, was and is completely and utterly wrong. The narrative, as is so often the case, failed. But not its appeal to our deep lizard brains...In politics, when your narrative fails, the other guy wins. With investing, following narratives leads to lost capital..." -- Barry Ritholtz, The Alibaba Story-Telling Failure - Bloomberg View

Domain name buyers: Caveat Emptor!



Follow @DomainMondo
Seguir a @DomainMondo