April 2019 Friday’s e-links: From Fairness to National Jealousy Day and Congestion Pricing

Last updated 4/26/19 Every once in a while, (and sometimes each day) I listen to a great podcast, enjoy an article, or see a good video that I want to share with you. I like to think of them as…

Why Wall Street Might Care About Femtoseconds

Whether looking at the nineteenth century or now, Wall Street has always had fast traders who knew how to get the news before their competitors.

Throwback Thursday: When Wall Street Trading Was Slower

#TBT: Today we look back to how we used to trade stocks. Slower Trades Our story (sort of) starts 225 years ago on Wall Street with the origin of the New York Stock Exchange (NYSE). Gathering in coffeehouses or under…

How a Performance Metric Can Lead to a Giant Nail

In government, business and at home, the performance metrics we create always are accompanied by incentives that create unintended consequences.

Fast and Slow Stock Markets

Goldman Sachs is asking $30 million for a firm that, 14 years ago, it purchased for $6500 million ($6.5 billion). The story (sort of) starts 222 years ago. Wall Street was where our first Congress met, where Alexander Hamilton lived…