Japan presents the
incredible shrinking building: [Note: spectacular, probably cost quite a
bit too?]…Source: http://www.youtube.com/watch?v=8_4G_8gEjng
Muniland’s changing
landscape: in decline since 1Q08, munis trading (1) has its yields decline
in lockstep with U.S. Treasury yields. Individual Puerto Rico bonds lead the
pack in trade volume, which could be because they are triple tax-free in all 50
states. But California, Florida and Texas had much higher daily levels of
trades. [Note: 2012 Fact book is worth a read]…Source: http://msrb.org/msrb1/pdfs/MSRB-FactBook-2012_WEB.pdf
Chasing the next hot
market: a table that shows the annualized return for funds of that “vintage
year” through today, from 1995 to 2008. In 1990s it was venture investing, in
early 2000 it was buyouts. [Note: and the pressing Q is, what’s it now?]…Source:
http://pragcap.com/chasing-the-next-hot-market
How to quantify the
gains that the internet has brought to consumers: my favorite approach here
is the opportunity cost via time saved: for example, if it takes 22 minutes to
get an answer via a library, only 3.75 minutes via the internet, and assuming
$22/hour (ave. wage in America), then the internet generates at least $65 -
$150 bn nationally, and that’s just Google. [Note: it’s way more than that, the
productivity gains afforded by the Internet are staggering, and I won’t be
surprised if it is in the 10 trillion range]…Source: http://www.economist.com/news/finance-and-economics/21573091-how-quantify-gains-internet-has-brought-consumers-net-benefits/comments#comments
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