The post describes a practical Order and Execution Management class utilizing trading games for engagement. Teams act as market makers trading a synthetic asset based on the class’s average weight. The game emphasizes inventory management and price discovery while tracking profit and loss. Variances in bids lower with repeated rounds, demonstrating market learning.
Advice to Entrepreneurs from VC Eric Hippeau
This week at NYU Stern, guest lecturers Eric Hippeau and David Ko shared valuable insights on digital media marketing and entrepreneurship. Hippeau emphasized the importance of credibility, compelling ideas, and understanding the competitive landscape in pitches, while Ko highlighted the need for enjoyment and impact in one’s career.
IT is Rubbish: Notes from the Buy-Side Technology Summit
At the Buy-Side Technology Summit, hedge fund manager Simon Hazlitt advocated for eliminating IT staff, suggesting that cloud computing offers a more efficient and cost-effective solution. His view received mixed reactions, but many industry professionals acknowledged the inevitable shift towards cloud outsourcing. Specialization could lead to reduced costs and increased innovation in financial services.
Trading Game… and Chickens, Cows and Horses
The author taught an Order and Execution Management class using a trading game based on animal bartering to illustrate key concepts in accounting and market behavior. Teams traded inventory to meet goals under differing supply and demand scenarios. Despite expected correlations between aggression and success, results were inconclusive, prompting suggestions for future iterations.
Jonah Peretti & Viral Marketing
We recently had Jonah Peretti, a co-founder of The Huffington Post and creator of BuzzFeed, guest lecture in my Digital Media Marketing class at NYU Stern on viral marketing. What is Viral Marketing? The main focus of his presentation was on viral marketing. Viral marketing describes a technique where people share stuff to create anContinue reading “Jonah Peretti & Viral Marketing”
Unpacking Kozmo Jones
I’ve been holding onto this since 2006: a children’s poem about two of my now-gone dogs, Kozmo Jones and Angel. I sent this to several publishers back then, but no one wanted it – responses were mostly that it wasn’t the right fit. It feels weird to post it here, but better leave it hereContinue reading “Unpacking Kozmo Jones”
Our Big Deal Germany Vacation
The blog chronicles a vacation through Germany, detailing experiences from pick-up at Frankfurt airport, visits to Würzburg’s Residenz, Nuremberg’s historical sites, Munich’s bustling atmosphere, to Hohenschwangau’s castles. The couple navigates cultural nuances, enjoys local cuisine and beer, and reflects on the stunning architecture and vibrant cities before concluding their journey in Amsterdam.
GeoDate
The idea for GeoDate emerged when location-based matching applications were nonexistent on mobile platforms. The app allowed users to create profiles and track their location to find nearby potential matches. Despite technical challenges, the concept was innovative, preemptively addressing a gap in the market before similar apps became common.
Bored with (Bulletin) Boards
The author reflects on the evolution of digital communication tools, highlighting the lack of advancement in bulletin boards compared to email and instant messaging. They propose developing a visualization tool to enhance bulletin board discussions, allowing users to easily navigate threads and understand post relationships through a two-dimensional structure and visual indicators.
Networking vs Digital Privacy?
In the last few days, at the encouragement of Greg Coleman of criteo.com, my Digital Media Marketing professor at NYU Stern, I’ve embraced social media. I was hesitant to put myself out there on the web. I didn’t/don’t want to shove my personal info down my friends’ digital throats (who needs another bum rush ofContinue reading “Networking vs Digital Privacy?”