Category Archives: Asymmetric Information

Asymmetric Information

Flash Boys: A Wall Street Revolt, by Michael Lewis

For 300 million dollars, your web browser could receive this post three milliseconds faster I’ve just finished reading Flash Boys: A Wall Street Revolt by Michael Lewis, an exposé on the rampant parasitism at the core of the U.S. stock … Continue reading

Posted in Asymmetric Information, Books, Capital Markets, Crony Capitalism, Economics, Money, Moral Hazard, Technology, The Future | Tagged , , , , , , , , , | Leave a comment

Tesla, The Future, and Its Enemies

 Make a run for the border From Business Insider: MAP: Here’s Where Tesla Is Banned From Selling Cars Consumer Reports recently gave the Tesla Model S its highest rating ever. Sales are up and the future looks bright for this all … Continue reading

Posted in Asymmetric Information, Barriers to Entry, Geography, Monopoly, Network Effect, Technology, The Future, You're Not Helping | Tagged , , , , , | Leave a comment