The Next Secrets of the Web

With much pleasure, I highly recommend Michael Pettis' newest book "The Great Rebalancing". Pettis' book covers global trade issues with a focus on current events in Asia, Europe, the United States, and the commodity producing nations. Read the book and you will see that much of the "common wisdom" espoused by others on global trade issues is not "wisdom" at all.

David Pinsen submits:On TechCrunch yesterday, Sarah Lacy wrote about her conversation last Friday with billionaire hedge fund manager and venture capitalist (and former Credit Suisse (CS) derivatives trader) Peter Thiel, who famously invested in PayPal (which was later acquired by eBay (

There's a hot new app taking college campuses by storm. It's called Whisper. Whisper is an iOS app that lets you anonymously share secrets in the form of digital postcard.

In 1894, a scraggly band of misfits made their way from Ohio to Washington, D.C. They had a plan to present to the political class, one that they said would bring an end to the economic depression that had been sparked by the Panic of 1893 and guarantee a future of endless prosperity for all. Their plan was for the politicians and the government to print unlimited amounts of money.

Credit Facebook founder Mark Zuckerberg with derailing a deal that would have sold the social network to now struggling web portal Yahoo, in 1996, for $1 billion. While Facebook is now valued at as much as $100 billion, PayPal founder and Facebook board member Peter Thiel, told a crowd at Stanford University Tuesday evening, declared ...

Invisible Hands by Steven Drobny is one of the best trading books I’ve read in years. (It was first inhaled a while ago, but the material is so deep it is still sinking in.)

Stanford's student startup accelerator StartX just hosted its eighth demo day.