derivatives | derivatives

Aug.26.2012 KOCHTOMANIA Greed is addictive. The adrenaline from a dose of "success" creates desire for another and another in a destructive self-propelled spiral, like the So-called Subprime Mortgage Crisis. How many crises does it take to prove regulatory controls protect capitalism? Every time they've been...	Apr.29.2010 Hedge Funds."What The Heck Is This?" I consider myself relatively intelligent, but this one stymies the heck out of me. A hedge fund. Now here is my definition, explanation, understanding, consensus and down right interpretation in simple layman's terms. Oh! Heaven help me. A hedge fund is an investment fund open to a limited range of...
Dec.27.2009 An Open Letter to President Obama Dear President Obama: I find myself ending 2009 feeling far less optimistic than I did one year ago. I supported you, not because you were the most experienced candidate or the one with the most impressive résumé, but because I thought I recognized in you a genuine leader capable of persuading...	Sep.02.2009 The Dawn of Scarcity Economics A couple of recent news squibs -- the Chinese government's crackdown on exports of rare earth elements, and the rise of the total paper value of the world's derivative markets to over one quadrillion dollars -- offer a glimpse at the unwelcome future rising up behind the facade of the present. The...
Jun.19.2009 The Secret of Survival This is the first section of a talk I gave on 19 June 2009 at the National Summit of Ensemble Theaters, meeting at the University of San Francisco. Download the full text from my Website (scroll down under "Talks and Speeches" to "The Secret of Survival"). I’ve just moved back...