Interesting Charlie Rose video from last week, overlooked during the holidays: An hour with Bill Gates, founder and chairman of Microsoft.
I’m not a fan, as I know that MSFT is(was) the Evil Empire, but its interesting nonetheless
December 22, 2008
In any great organization it is far, far safer to be wrong with the majority than to be right alone. —John Kenneth Galbraith
Asian currencies continue to sell off vs the $ on the heels of the news yesterday that South Korea said they will look into hot money inflows stemming from the $ carry trade and the Bank of Indonesia said they are looking into the foreign buying of bills. This follows the news a few weeks ago that Taiwan was limiting foreign deposit holdings and Brazil was taxing foreign inflow transactions. As I mentioned yesterday, we may have reached a short term pain threshold in terms of $ weakness and foreign countries are fighting back as they certainly won't wait for...
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January 3rd, 2009 at 7:58 pm
The revised edition of “the road ahead”, paperback in 1996, was a Penguin book.
You can’t make this stuff up.