I speak to Matt about his wonderful collection of old (retro?) computers but also all about the challenges of defining an ethical framework for algorithms, and what we can do to understand this tricky area.
What a brief encounter with Elon Musk taught me about the limits of capitalism
In 2013, on the sidelines of the Milken Conference at the Beverly Hilton, my friend and then-colleague Sean Scallan and I found ourselves in a seven-minute private conversation with Elon Musk. He was not yet the figure he is today. Tesla was struggling. SpaceX had launched but not yet proven itself. The idea of humans
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Dodd-Frank Act will stand or fall on right people
At a Yale-hosted roundtable on the Dodd-Frank Wall Street Reform Act, professor of economics, Robert Shiller, said the success of the Act, and the agencies created to study aspects of the market, will depend on appointing the right people, who should be willing to take advice from his fellow economists. Click here to read more.mrec4inarticleinline
Harvard endowment hones managers
Harvard Management Company will increase manager concentration levels, look closely at commodities and real estate, and bring more assets in-house where appropriate, as it moves into fiscal year 2011 with an unchanged long-term asset allocation.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
New world order: Mercer offers its blueprint to cope
Mercer Investment Consulting has produced its foreshadowed paper on global equities, which urges clients to have a major rethink about their benchmarks and portfolio construction. Greg Bright spoke with the paper’s main author, Nick White.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Future Fund chief departs, alternative weightings increase
Four years after becoming its first employee, Paul Costello will leave his role as general manager of Australia’s Future Fund, saying “new leadership” was appropriate now that the A$87 billion ($81.2 billion) vehicle was beyond its “startup phase.” mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Commodities and emerging markets funds will run the gauntlet
There are eight “gauntlets” that any managed fund will have to run over the medium term, according to Investec Asset Management investment strategist Michael Power, and while a Japanese equity fund might be lucky to meet one of them, funds investing in commodities or the emerging markets would satisfy almost all eight.mrec4inarticleinline Sponsored Content scnative1
Of cobras, newspapers and the Manchurian incident
Forget the Taiwan issue and China Sea disputes with Japan, the biggest threat to national security for the Chinese people went largely unnoticed last week: 160 illegally bred king cobra snakes escaped captivity from a farm on the outskirts of Beijing.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
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