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The Money Slant - page 2

Theranos Sunny Balwani

Sunny Balwani – Pecunious, Punctilious, and Prosecuted

The Money Slant/The Tech Slant by

*Ramesh “Sunny” Balwani was the president and Chief Operating Officer (CEO) of a company named Theranos for seven years. The founder of Theranos was Elizabeth Holmes, whose life goal was to be a Silicon Valley billionaire. The unfolding of the story is rather sad, a story whose path was not unlike the fictional character Gordon Gekko’s “greed is good” theme. Theranos’s business concept was a great idea, and should a company such as one like Theranos actually work, it would change a lot of how we view medicine, but the concept and reality never actualized.
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Cryptocurrency

The Cryptocurrency Conspiracy Continues

The Money Slant/The Tech Slant by

*As it was once said, “imitation is the sincerest form of flattery.”  Bitcoin has been joined by 1,450 digital coin offerings. I have never been happy with the term “coin” since we associate coins with metal objects we can hold in our hands, except for maybe the island of Yap that has stone coins.

I think they attempt to assuage people by using the term “coin” so that the chumps who invest in them really think that there is, somewhere, something that they can put in their pocket and stroll down to the local drug store and by a soda.

Bitcoin closed Friday May 18, 2018 at $8,487.61, in case you’re interested. Tulips were once very valuable, too (look that up in your history books).

Let me say I have no animosity for those who invest in Bitcoin. If you make a fortune, good for you, and make sure and thank the Winklevoss twins, who dreamed up Facebook and any other moneymaking investment that might have a sketchy, hard to nail down origin.

I think they slept through their ethics classes at Harvard; the only thing they learned was “once you have it, no one really cares how you got it” which was certainly true of I.G. Farben along with the International Bank of Settlements during the 1940s, or Joseph P. Kennedy Sr.

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The “Bigger is Better” Deception

The Money Slant by

*One of my favorite questions is what is the largest machine on earth, and one of the best answers is the North American power grid. Spanning thousands of miles and connected to millions of people, the North American power grid is not only a gigantic machine, it has enormous influence on all of our lives, save for those of you who are receiving your internet over an independent satellite and using wind power to generate the electricity needed to power your computer, so that means less than 1% of you aren’t dependent in some way.

If you think that isn’t important, Google “Russians hacking the U.S. power grid” and read the articles just this year (2018) on how many times and how many ways the Russians are seeking to destroy our infrastructure.  Of course, to the Democrats and mainstream media, trying to remove the current president from office supersedes any efforts to protect our critical infrastructure such as our power supply or information systems; after all, one has to have their priorities.

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Monopolistic Header

How Monopolistic Capitalism in Tech Can Use Decentralization to Their Advantage

The Money Slant/The Tech Slant by

*First things first, I am not here to neither reprimand nor endorse monopolistic or competitive capitalism, but rather to use first principles thinking as a systematic approach on how some relentless monopolistic markets use decentralized tactics to inevitably excel past expectations compared to markets in perfect competition. This type of thinking is highly encouraged by Aristotle (philosophical works), Descartes (Cartesian Doubt), and Elon Musk (SpaceX, Tesla, Solar City, The Boring Company).

We’ll analyze the mammoths, Microsoft and Google, and use reasoning to find out which of these companies are going to survive and which will fail due to lacking any type of decentralized organizational structure.

“With first principles, you boil things down to the most fundamental truths … and then reason up from there.”

– Elon Musk

Elon Musk

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Brilliant Blundering Billionaires - Facebook

Brilliant Blundering Billionaires

The Money Slant by

*Mark Zuckerberg addressing the Y Combinator Startup School at Stanford University: “I want to stress the importance of being young and technical,” he stated, adding that successful start-ups should only employ young people with technical expertise.

(Zuckerberg also apparently missed the class on employment and discrimination law.) “Young people are just smarter,” he said, with a straight face, according to VentureBeat. “Why are most chess masters under 30?” he asked. “I don’t know…Young people just have simpler lives. We may not own a car. We may not have family.” (Margret Kane March 28, 2007 www.cnet.com)

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Ability Matters, not Age

Pre-employment Predictors of Prejudice

The Life Slant/The Money Slant by

*When you look at job descriptions, many times there are phrases and descriptions of prejudice that, apparently, are not recognized as prejudiced. Diversity is more than ethnicity, race or gender, but I will leave it to you to determine what other factors should be considered. But don’t take my word for it; the U.S. Congress said so in 1967, when the Gen-Xers and Millennials were just a gleam in their parents’ eyes.

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Logging Off

Swearing Off Software with Savoir Faire

The Money Slant by

I see so many positions that require “software experience” with very detailed specifications that give me pause. It would seem that someone should be getting wealthy teaching all of this software.

I learned a cutting-edge software a few years ago, and my instructor told me that knowing how to use that software would mean an instant hire. After investing a considerable amount of time and money (bought the software) none of the organizations that required knowing the software ever called me.

Ever.

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Marijuana

Could Legal Marijuana Bring You More Money This Year?

The Money Slant by

Despite this not necessarily being a stock-related tip, I feel as though I don’t do readers justice if I can’t provide an outside-of-the-box way to make money via passive income through reading my articles. Therefore, I want to dig deeper into the mechanics of how business operates in the medical Marijuana realm.

It is speculated that politicians in over a dozen states are now growing jealous of the Cannabis boom happening across the legalized areas of America. While those pouty politicians spill their guts to their therapists, let us examine a truly underdog story which has nearly been a century long in the making.

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Digital Media

Technology, Digital Analytics, and the new Monopoly

The Money Slant/The Tech Slant by

As time and technology march on, occupations, professions, and major market players adapt or fade away. I can recall as a freshman in college being told that newspapers had already had their heyday decades ago.

News isn’t going away, but paper is being replaced by screens the size of your hand and much, much larger, with speed (but not really depth) that travels around the world in split seconds.

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Marriage Money

All You Need is Love…. and Enough Money

The Money Slant by

* Post-Nuptial Money Management

The only time money is an issue is when there isn’t enough money. Nowhere in life is this more true than within the confines of a marriage. As Winter melts into Spring and your June wedding draws near, now is a good time to do some planning; before all the planning begins!

Love is many splendored thing, the old song tells us. What it doesn’t give us a clue about, is that it is also a business.

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