DJ/CO

DJ/CO

The Anthropology of Work

Markets

So Much for Science and Rationality

On the opening day (11/7/13) of its IPO, Twitter shares (TWTR) traded up from its offer price of $26/share to $45/share.  By contrast, Facebook (FB) opened (5/12/13) at $42/share and promptly began to train downward for many months.  Facebook has since then been trading up for several months ($47 today),[…]

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Apple of My Eye

Well, Carl Icahn is at it again.  He has now turned his activist-investor energy towards Apple.  He is demanding that the company buy back $150 billion in stock, as a sign of strength and balls to investors and to the world.  Investors like Icahn claim that such strategies of financial[…]

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