In this article, we speak to Jeremy Smith, Chief Strategy Officer at SecondMarket, where over 3,000 participants manage over $1 trillion, participating in the world’s largest centralized, independent marketplace and auction platform for illiquid assets from auction rate securities to private company shares, CDO’s, mortgage and asset backed securities. http://thoughteconomics.blogspot.com/2009/07/investing-and-trading-illiquid-assets.html…
The past 10 days have been “the most dramatic in Wall Street’s 216-year history” seeing Lehman Brothers collapse, AIG fall into critical distress, and the US Federal Reserve creating a c. US$1 Trillion rescue plan to “save the world”. While many investors were caught in this crisis, the leading economists…
Explore an archive of more than 3,000 quotes.
I was sitting on a train—the British invention that transformed trade and travel, and was embraced very early in the United States. In my hand was an iPhone – another revolutionary advance, this time created by Americans with its iconic appearance designed by an Englishman. There are countless examples like these.
There are two basic underlying reasons economies slow down. Firstly dysfunctional politics and secondly economic mistakes.
Technologies are emerging and moving so fast, that it's very hard to build accountability mechanisms; not least because technologies can become ubiquitous before we understand them.
It's like playing chess but while getting punched in the face.
Entrepreneurship means the unrelenting belief that there has to be a better way. There has to be a better way of doing things... If it was obvious that things were already being done in a great way that couldn't be improved? There wouldn't be any need for entrepreneurs to step-in and create new ways of doing things that don't rely on the baggage of the past.
Ten in-depth articles distilling insights from over 550 interviews with the world's leading thinkers, creators, and changemakers.