Smarter leaders are betting big on data By Stefan Stern / Published: March 8 2010 17:45
But even academic experts agree that, however sophisticated your approach to data, you still need judgment to make good decisions. When Prof Davenport met a pilot at a party and started discussing analytics, he received this reply: “Oh yes, we’ve got lots of that in modern airliners – avionics, lots of computers, ‘fly by wire’, and all that. But I still occasionally find it useful to look out the window.”
Short View: Price of Nasdaq’s crash By John Authers, Investment Editor / Published: March 9 2010 18:21 In a week of anniversaries, it is 10 years since the Nasdaq Composite peaked, crashed and burned. The dotcom bubble seems to be from another world, a speculative aberration that is now over.
Short View: World’s richest man By John Authers, Investment editor / Published: March 11 2010 18:11
With markets safe for risk takers once more in the past 12 months, Mr Slim could no longer be denied, and on Thursday Forbes confirmed he was the wealthiest man with $53.5bn (€39bn).
The top 10 includes a Brazilian and two Indians. China and Russia have more billionaires than anywhere outside the US with 64 and 62 respectively.
The secret of successful investing has always been to find inefficient markets and exploit them.