Credit markets have started to thaw, yet stocks and the larger economy keep sliding. What’s going on? Among the problems are the reality of recession and the uncertainty over Barack Obama’s policies. But the larger story is that the global economy is fast popping its latest monetary bubble, the one over the last 14 months in commodity prices and non-dollar currencies.
Archive for 2008
Another Bubble Bursts
Posted in Uncategorized, tagged boic, bubble, Economy, Wall street journal on November 4, 2008| Leave a Comment »
Greenspan: ‘Credit tsunami’ to have severe impact
Posted in Uncategorized, tagged boic, Gerbsman Partners, global economy, greenspan on October 30, 2008| Leave a Comment »
Former Fed chief Greenspan says he and others in ‘state of shock’ over fragile global economy
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US faces worst recession in 26 years
Posted in Board Of Intellectual Capital, Gerbsman Partners, Intellectual capital, Investments, tagged boic, Economy, financial times, Gerbsman Partners, Recession, Robert Tillman on October 28, 2008| Leave a Comment »
The US economy appears to be plunging into what many experts believe will be its worst recession since 1982.
Senior officials at the Treasury and Federal Reserve are confident that the rescue plan for US banks will succeed in preventing a financial system meltdown and ensure there will not be a repeat of the Great Depression. But they know that a sharp economic downturn is already baked in the cake. They do not,however, know how deep or protracted it will be.
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Venture Capital Investment Down 7% in Third Quarter
Posted in Board Of Intellectual Capital, Gerbsman Partners, Intellectual capital, Investments, Market research, tagged boic, Gerbsman, Gerbsman Partners, John S. Taylor, MoneyTree report, National Venture Capital Association, New York Times, NY times, patric carlsson, PricewaterhouseCoopers, Tracy T. Lefteroff on October 23, 2008| Leave a Comment »
Venture capital investment was down slightly in the third quarter, according to the MoneyTree Report released Saturday from PricewaterhouseCoopers and the National Venture Capital Association. Venture capitalists put $7.7 billion into 1,033 deals, a decrease of 7 percent from the second quarter.
The third quarter of the year is generally slower for venture investing, and the analysts who produced the report said that the economic crisis is not yet affecting venture numbers. In future quarters, though, the industry will probably see a dip in investing, said Tracy T. Lefteroff, global managing partner of the venture capital practice at PricewaterhouseCoopers.
For now, “the venture industry is very much open for business,” said John S. Taylor, vice president of research at the National Venture Capital Association.
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Secrets for Success in Good and Turbulent Times
Posted in Board Of Intellectual Capital, Community, Gerbsman Partners, Intellectual capital, Investments, Technology, Venture Capital on October 14, 2008| Leave a Comment »
Over the past 40 years, I have learned and hopefully executed the characteristics for success, outlined below, in good and turbulent times.
1. Have Ethics and Integrity – Be Dependable and Responsible
2. Attitude – Always, Always be Positive
3. Desire – Have the desire to do the Best You Can
4. Consistency – Be consistent in good times and challenging times
5. Ability – Keep on learning- develop new skills – continue your education – listen and most important, it is OK to say “I don’t know” and “I need help”.
6. Take Action and Risks – Don’t be afraid to make mistakes- that is how you learn, that is how you grow
7. Communicate – Communicate – Communicate – People will tell you when to stop communicating and more important, keep interested parties in the loop and you will be respected by all.
8. Listen – one of the hardest things to do, however we all learn something and grow when we listen
9. Always focus on #1 above, nothing else matters. Have ETHICS and INTEGRITY. Be DEPENDABLE and take RESPONSIBILITY for your actions.
In today’s Turbulent Times, hopefully the guidance above will provide a road to success, performance and happiness.
Best
Steve Gerbsman
Blog of Intellectual Capital 