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coming. “Being right and ineffective in venture is not worth very much,”
Sebastian Mallaby • The Power Law: Venture Capital and the Art of Disruption
“The market can stay irrational longer than you can stay solvent,” Keynes famously declared. Being early and right is the same as being wrong, as investors have repeatedly discovered.
Sebastian Mallaby • More Money Than God
First, it showcases the distinct roles of government-backed science and VC-backed entrepreneurs in driving technological progress.
Sebastian Mallaby • The Power Law: Venture Capital and the Making of the New Future
The typical economist believes the world has not yet invented a problem that he cannot fix if given a free hand to design the proper incentive scheme.
Stephen J. Dubner • Freakonomics
"I am a legend," he told a group of foreign investors at a dinner speech in March 2001 shortly before his appointment to head the Economy Ministry. The power of his intellect, his incorruptibility, and the sincerity of his desire for his country's well-being were undeniable; the only question was whether he had a sense of proportion about
... See morePaul Blustein • And the Money Kept Rolling in (And Out): Wall Street, the Imf, And the Bankrupting of Argentina: Wall Street, the IMF and the Bankrupting of Argentina
David Brooks • How the Ivy League Broke America
The monopoly-for-loan idea certainly was ingenious.