wall street
- Introduction to Nerds on Wall Street
Introduction to “Nerds on Wall Street“
I hope people think of this book as sort of a Hitchhiker’s Guide to Wired Markets. There are no robots parking cars for six million years, but there are robots trading millions of shares in six milliseconds, so maybe that’s close enough.
In 2006, I got a call from another nerd [...]
- Chapter 14 – Nerds Gone Green – Nerds on Wall Street, off Wall Street
Clean Energy and Nerds off Wall Street
This book closes with another chapter that, like the previous two, I didn’t expect to be writing. Recent headlines (Wall Street layoffs could reach 200,000, Citigroup is cutting 50,000 jobs) imply that many nerds on Wall Street (NOWS), mostly innocent bystanders in the meltdown, may soon find themselves on [...]
- Chapter 13 – Structural Ideas for the Economic Rescue – Fractional Homes and New Banks
Structural Ideas for the Economic Rescue – Fractional Homes and New Banks
Mom used to say, “If you don’t have something nice to say, don’t say anything at all.” I clearly ignored that advice in the previous chapter, with the “mad as hell” opening and analogies to an exploding meth lab run by the neighbors. This [...]
- Chapter 12 – Shooting the Moon – Stupid Financial Technology Tricks
Stupid Financial Technology Tricks and Global Economic Collapse
Like many others from the stock side of greater Wall Street, I felt blindsided by the events of 2008. “Blindsided” is actually a gross understatement; I felt like the guy who comes home and finds the neighbors were running a meth lab that has exploded and flattened the [...]