Would You Prefer Qualitative Trading?: A layman’s thoughts on computational...
When I was an undergrad, in the early 1990s, I spent a little time trying to figure out how to invest what meager savings I had (generated by my lucrative summer pizza delivery gig). My first efforts...
View ArticleIn Defense of Banks and Bankers
Jamie Dimon JP Morgan It’s a hard time to be a banker. I’ve had this post in my draft folder for a long time, held back from finishing and posting it by the concern that, at least until...
View ArticleSquare Puck
Replica of first hockey puck ever used (it actually was square-ish) Square Puck: sounds dangerous, right? I think it is. There’s a famous/trite expression, commonly cited in the venture business,...
View ArticleTokenization and the collapse of the four-party payment model
[This post originally appeared on forbes.com here: http://www.forbes.com/sites/bruceupbin/2013/02/15/tokenization-and-the-collapse-of-the-credit-card-payment-model/] It’s been a fascinating couple of...
View ArticleWhat’s The Big Idea?
Perhaps I’m just simpleminded, but one of the most important things I look for in a company is the ability to summarize the problem they are solving in one sentence. Often, at the outset, I’m less...
View ArticleSubmerging Payments
The most important development in merchant payments right now isn’t happening in Silicon Valley (though I do think PayPal is only a few chess moves away from becoming the fifth network.) It isn’t...
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