Friday, June 5, 2015

What I have learned today [2015/6/3]


1. Jamie Dimon is banker billionaire. No doubt Dimon is a brilliant banker but I disagree that JP Morgan should be huge. The financial market would be safer if there are smaller banks that can come and go, letting the market do the work. However, I do agree there will be always large banks to handle massive and complex transactions but I am not sure if these banks should be so huge.

2. There are plasma tubes floating above the Earth.

3. Best time to coffee is between 10:00-12:00 am and 2:00-5:00pm.

4. Disney is outsourcing its jobs to immigrants on temporary work visas from an outsourcing firm based in India. As long as Disney paid a fair compensation and gave enough time for the fired employees to transition than I believe it is fair. However, if Disney asked them to leave without much notice than this is an issue. For the laid off employees, they can work as a freelancer at odesk, elance, and guru.

5. Sometimes microcap stocks fall when the investor passes away and the family sells the stock and the broker just keeps dropping the price to get the order filled. Wow...this explains a lot! 




*From Penguin Watch

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