Graeme's

The amazing Slashdot dupes

Posted by Graeme in Internet,Wrong at 1:41 pm on Monday, 19 March 2007

IT website Slashdot, is well known for repeatedly posting the same stories. Most readers no longer even comment on this — or even notice. I am therefore keep an online record of the worst examples . (more…)

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The unpredictability of house prices

Posted by Graeme in Business & Investment,Economics at 12:06 pm on Monday, 19 March 2007

House prices are very sensitive to comparatively small changes in supply and demand. This, together with undertainties in the long term forecasts, makes long term prospects very uncertain. (more…)

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Why your IT department is incompetent

Posted by Graeme in Business & Investment,Software at 9:47 am on Saturday, 17 March 2007

Complaints about IT are common. It is not difficult to find examples of gross incompetence. So why does it happen? (more…)

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Directors’ pay vs management theory

Posted by Graeme in Business & Investment at 9:54 am on Friday, 16 March 2007

The justifications for spectacularly high pay for the upper ranks of management, particularly when in the form of options, are that high pay is needed to attract talent, and that performance related pay is needed to align directors interests with those of shareholders. There are flaws in this argument. (more…)

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Corruption: a simple test

Posted by Graeme in Business & Investment,Politics at 7:38 am on Thursday, 15 March 2007

Given the reluctance of governments to investigate bribes paid to foreign governments, I want to suggest some simple tests for those who want to know if a particular company pays bribes. (more…)

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Open source: what investors need to know

Posted by Graeme in Business & Investment,Economics,Software at 8:43 am on Wednesday, 14 March 2007

I have blogged about open source before, but not specifically from an investors point of view. Because this is not a subject that most investors are familiar with, I am going to make this a basic introduction. (more…)

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Try India

Posted by Graeme in Business & Investment at 3:20 pm on Tuesday, 13 March 2007

Whenever I see the many articles discussing the risks of investing in China, like this list at Interactive Investor Blog, my immediate reaction is, why not invest in India. (more…)

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Technology drives consumers to irrationality

Posted by Graeme in Market failure at 10:36 am on Thursday, 15 February 2007

Technology, and the development of technological products, undermine free market mechanisms. One, of many, reasons for this is the problems consumers face in making a choice about purchases. Does this affect the assumption that consumers are able to make informed and rational decisions, which is required by the argument in favour of free markets? (more…)

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Pointless EU bureaucracy

Posted by Graeme in Politics at 8:45 am on Thursday, 15 February 2007

I was going to write about why people are irrational, but the sheer stupidity of the EU bureaucracy trumps ordinary irrationality. (more…)

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Making money by giving away

Posted by Graeme in Economics at 11:22 am on Tuesday, 13 February 2007

The advocates of ever stronger copyright and patent laws claim that these are the only way to give people an incentive to create new works and inventions. Here are a few examples that show otherwise, mostly of how people make money by giving away. (more…)

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