Attention Economy


Wednesday, September 15, 2010

Financial World

Financial Sector’s Push for Speed:
http://www.forbes.com/forbes/2010/0927/outfront-netscape-jim-barksdale-daniel-spivey-wall-street-speed-war_print.html
A Great Quote from the Article (Wall Street's Speed War, Forbes):
Three milliseconds is three one-thousandths of a second. Does that really matter? "That's close to an eternity in automated trading," says Ben Van Vliet, a professor at the Illinois Institute of Technology. "This is all about picking gold coins up off the floor--only the fastest person is going to get the coins."

Is CAPM Relevant?
http://www.forbes.com/forbes/2010/0927/finance-david-dreman-fixed-income-watch-debunking-beta_print.html