Tag: Facebook

Friedman’s Law of the First Thing, as Applied to Investing: Market Caps

Investing, I’ve been known to say, is not, for most people, the key to financial health — probably not even in the Top 5 determinants of financial health (briefly: Numero Uno is savings rate, Numero Dos is making-a-living happiness, Numero Tres is having a feeling of currently being in control, Numero Cuatro is […]

Remembering What the Red Queen Said: The Luck of the Draw

In related news: 1. Luck vs. Skill in Texas Hold ‘Em. Earlier this week, in U.S. vs. DiCristina, a federal judge in New York ruled that “skill, when sufficiently honed, makes the difference between winning and losing in poker.” http://is.gd/jwEiOL at p. 118. The judge, apparently persuaded by all sorts of graphs […]

Facebook, Meet Apple; Apple, Meet Facebook

I’m an old dog when it comes to Facebook. I, along with a lot of 50-somethings, used it quite a bit a few years ago, mostly to connect with people from our highschool days back in the ’70s. It was great for catching up with long-lost old friends. That lasted about half […]

Facebook and Knight: Human-Fail and SkyNet-Fail?

According to someone out there with the need to calculate this number, “the volume-weighted average price of Facebook stock on May 18, 2012, between 1:50 pm and 2:35 pm” was $40.527. That was the day Facebook went public. That was also the day that the modern stock market had, by […]

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