Lună: august 2013

Google’s soap opera is the talk of tech

Google got a lot of attention amid reports that company co-founderSergey Brin and his wife, Anne Wojcicki, have separated after six years of marriage, and that the 40-year-old Brin has taken up with a 26-year-old Google employee, which Valleywag identified as Amanda Rosenberg, marketing manager for Google Glass.

Rosenberg was previously in a relationship with Hugo Barra, who until Tuesday was vice president of product management for Android at Google, Valleywag said. Barra left Google for a job at Chinese smartphone maker Xiaomi.

Google’s soap opera is the talk of tech – Tech Stocks – MarketWatch.

UPDATE: o poza face cat 1000 cuvinte. Sotia:


Si amanta:


Poti sa faci Montessori, sa inventezi cel mai tare motor de cautare si sa devii multibilionar, tot om ramai… ;)

Rosia Montana-Romanian Government Decision

TORONTO, CANADA–(Marketwired – Aug. 28, 2013) – Gabriel Resources Ltd. (TSX:GBU) („Gabriel” or the „Company”) is pleased to announce that the Romanian Government („Government”) has approved draft legislation relating to the Rosia Montana Project („Project”). If adopted by the Romanian Parliament („Parliament”) in its next session, commencing September 2, 2013, this legislation will set the framework to significantly accelerate the development of Europe’s largest gold mine at Rosia Montana and other mining projects in Romania.

Gabriel Resources Ltd.: Rosia Montana-Romanian Government Decision.


Steve Ballmer and The Innovator’s Curse

Microsoft ascended because it disrupted an incumbent (or two) and is descending because it’s being disrupted by an entrant (or two). The Innovator’s Dilemma is very clear on the causes of failure: To succeed with a new business model, Microsoft would have had to destroy (by competition) its core business. Doing that would, of course, have gotten Ballmer fired even faster.

Steve Ballmer’s only failing was delivering sustaining growth (from $20 to over $70 billion in sales.) He did exactly what all managers are incentivized to do and avoided all the wasteful cannibalization for which they are punished.

If anything, Steve Ballmer avoided The Innovator’s Curse. Being successful with new market innovations would probably have led to an even shorter tenure. Destroying prematurely the pipeline of Windows in favor for a profit-free mobile future would have been a fireable offense. Where established large companies are concerned, markets punish disruptors and reward sustainers.

Steve Ballmer will not be remembered as favorably as the man who created Microsoft. But at least he won’t be remembered as the fool who killed it. That epitaph is reserved for his successor.

Steve Ballmer and The Innovator’s Curse | asymco.

hai cu tata MSFT :)

acum chiar am toate motivele sa il shortez masiv cand mai atinge 35 (if ever).

Trimming ^VIX calls

Luasem call-uri de ^VIX cand indicele volatilitatii („fear index”) era 13. Acum e 17, asa ca am facut trim astfel:
30% din pozitie la 3.50
40% din pozitie la 4.10
Am mai pastrat 30% din pozitia initiala (care are pret mediu de intrare 2.17, plus ca am castigat frumos si cand am inchis partea negativa a spread-ului, call-ul de 16, cand ^VIX coborase la 12).

Cred ca povestea cu razboiul din Siria e un pretext pentru o asteptata corectie. Pe care o speculex cu ^VIX si cu bear spread-urile ramase de MSFT (o treime din pozitia initiala, dupa trimul anterior). Si cu aur, si cu bitcoins.

Pe termen mai lung, mi se pare ^VIX o optiune excelenta de joc defensiv, hedging si chiar sursa buna de profit in perioadele de cadere.

Microsoft’s Ballmer on his biggest regret, the next CEO and more

Q: Your biggest regret?

Ballmer: Oh, you know, I’ve actually had a chance to make a lot of mistakes, and probably because, you know, people all want to focus in on period A, period B, but I would say probably the thing I regret most is the, what shall I call it, the loopedy-loo that we did that was sort of Longhorn to Vista. I would say that’s probably the thing I regret most. And, you know, there are side effects of that when you tie up a big team to do something that doesn’t prove out to be as valuable.

Microsoft’s Ballmer on his biggest regret, the next CEO and more | ZDNet.