We’re looking back to our recent letters to our shareholders and every now and then we’ll post some quotes we’d like to share with you. Since this is the first installment in this series, we’ll dwell a little bit longer in one specific subject – risk management.
The Wall Street Journal has a nice piece today on Google’s option repricing bonanza now that the stock is back to the US$ 500′s. Not a second too soon, not a bit exaggerated.
The Netflix Prize has been awarded and it’s a great example of crowdsourcing. But is such “open collaboration” a tool for every situation? How open do you really want to be? Some are looking at his and saying “hold your horses”. That’s always good advice in our book.









