I remember as a child walking out of the movie Tron and thinking "I love anything to do with the future". Movies like Tron, War Games and Star Wars were the seeding inspiration around my life as a product builder in financial markets and more recently in web applications. What’s really interesting is how Apple [...]
Systemic Monopolies are a problem I have long thought exists in our less than ideal form of capitalism. We think of traditional monopolies as being about a business having some unique advantage or forming some sort of cartel to dominate a market. While most economies have mechanisms to prevent this they equally create what I [...]
Ironically, now that Federal Reserves are busy guaranteeing bank deposits they have created a whole new set of problems in the competition for capital. It would be easy to jump to the conclusion that banks should borrow money at the same rate the government does if it’s now the same risk. It’s not that simple. [...]
Stop feeding the bears cry the Zookeepers!!! When regulators ban short selling do they have a legal liability to the mum’s and dad’s, fund managers and traders who lose money from this almost instant change in regulated markets? I’d love to see what some of the big legal firms think on this. (Update: Just read [...]
We are about to see the start of unshaped iPhone plan disasters reported in the Australia press and blogs over coming weeks. Shaping is when your Telco service provider cuts down the speed of your internet connection on your mobile or computer device. It’s an alternative to paying high excess usage charges on a per [...]
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One of our Saasu customers optimises Web 2.0 in it’s original meaning. He uses 88miles.net for tracking time on projects against customers and uses Saasu.com for his accounting ledger, tax and so on. 88miles and Saasu’s API’s have a little chat during the day keeping all his stuff in line, like a couple of fax [...]
If I offered you a trip to Hawaii in a years time for filling in a two page form would you take it? There’s no privacy reveal, no obligation, no catches. Nearly everyone except those who think they are worth more than $1,000 an hour would. Changing credit card providers can acheive just that. For [...]
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I love a lot of what 37 signals are about but I must say I don’t agree with David’s view that monetize is word we don’t need. Monetize doesn’t mean making money. Monetization is a conversion process, which is why I like the word (even though I use it sparingly because it is so misunderstood). [...]
For people without investment banking backgrounds this could make or save you a fortune. Worst case it might take the blinkers of your eyes around the topic of free or cheap options that are all around us. There’s a simple test to see if something is like a option. Have you been given the right [...]
There are a lot of Squirrels out there. Squirrels run around collecting Acorns and storing them for winter. Just like people who try and save every last cent on a transaction. They also save for the rainy year in 2047. Squirrels won’t buy new socks until there’s at least two holes in the old pair. [...]
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Generally when you are in business you think about trading in terms of money. The reality however is that it’s time your are trading. You buy time, you sell time. You buy and sell it to do things or build things. For example you need to sell a car. It can be quantified in time [...]
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There is only three rules in managing your business finances: 1. Don’t get behind 2. Keep improving your system 3. Use the information it gives you !!!
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