August 7, 2008

Concert Economy: getting bundled and amenity-riden, or getting cheap and amenity-stripped ?

Summer music festivals go posh, report from Europe, via WSJ:

Summer rock music festivals, long the preserve of teens and twentysomethings, are increasingly becoming familiar territory for a generation that still remembers the hits of the 1970s and '80s even as it keeps up with current stars. Concert promoters are starting to cater to the needs of this older crowd of festival-goers, many of whom are looking for something more than mosh pits, fast food and porta-potties -- and who can afford multiday tickets costing between €150 and €250.

"They still want to experience the buzz of the festival, they still want to have the excitement of the festival, but they don't want to sleep in a two-person tent anymore," says Melvin Benn, managing director of Festival Republic, which promotes the Leeds, Reading and Glastonbury festivals in the U.K. "They don't want to rough it in quite the same way."

A Grown-Up's Guide To Summer Rock Festivals
By GABRIELE STEINHAUSER, 2008 July 10

An opposing take says concerts are offering cheap tickets as they have difficulty filling venues-- Barry Ritholtz / Big Picture in 2008; and in 2005.

Continue reading "Concert Economy: getting bundled and amenity-riden, or getting cheap and amenity-stripped ?" »

August 6, 2008

Etrade options

Etrade's option infographs and risk management strategies.

August 5, 2008

Foreclosure Pulse

Realty Trac's Foreclosure Pulse: hype for bargain home buyers ?

August 4, 2008

Housing Wire

Housingwire is a lively news source for the mortgage and residential real estate industries.

August 3, 2008

Bronte Capital / John Hempton, on Wachovia

Bronte Capital on Wachovia's quest for deposits and on WaMu 'this is not a credit driven crisis. It's a funding driven crisis'.

August 2, 2008

Aleph / David Merkel on covered bonds

Aleph blog explains covered bonds, proposed to save the mortgage market.

It is not a passthrough, it is a bond. The covered bond buyers do not receive the principal and interest from the security held by the bank, the bank receives it. The covered bondholder (in absence of default) receives timely payment of interest at the stated rate, and principal at maturity. Only in default does the value of the security for collateral matter. If the collateral is insufficient to pay off principal and interest, the covered bondholders are general creditors for the difference.

August 1, 2008

Optionetics

Optionetics pitches options trading to retail investors. Will training make informed investors ?

July 30, 2008

ETF Express

etfexpress.com surveys the plethora of ETF investment options.

News of who's who and where, for industry insiders; produced by Hedgemedia.

July 29, 2008

Explaining vs Stigmitizing

Conservatives believe that once you name something as evil, there's no further explanation. (Either it can't be explained, because evil is an irreducible mystery, or there's just no point in explaining it.)

Liberals believe that once you explain something, it can't be named as evil. (Because true understanding banishes the mysteriousness that makes something hateful.)


[ Via unfogged ]

July 28, 2008

Cuil search

Cuil.

Former Google employees are unveiling a search engine that they promise will be more comprehensive than Google's and hope will give its users more relevant results.

Technology: Former Employees of Google Prepare Rival Search Engine
By MIGUEL HELFT
Published: July 28, 2008
---
See also Ask.com, Vivisimo, Snap, Mahalo and Powerset.

July 27, 2008

Urban Digs:economics of NYC real estate

urbandigs tracks real estate in NY -- more aimed at investors than at consumers.

July 26, 2008

Think or swim: think different than other brokers

Think or Swim aims for high volume from quickly expiring options.

The average accounts remain above 40K. The Annual avg trades per remain
above 180 and the churn hovers around 7%. TOS is pillaging competitors at
a 14:1 ratio (nearly 12,000 accounts taken away from OXPS, Schwab, TD,
Etrade etc in 6 months).

July 25, 2008

SEC vs short sellers

Short sellers are great sources of information and ideas, according to Gary Weiss.

What is the SEC's cost benefit calculation in crusading against short sellers ?

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