Counterparties
Email 
Print
Greece’s best plan is to “default big,” says former Argentine central bank governor Mario Blejer — Bloomberg Businessweek
Barclays was lucky, Bank of America was stupid — Dealbook
One of Warren Buffett’s successors had a twenty-five year streak of running every day — WSJ
AOL, Microsoft, and Yahoo have formed an ad pact to take on Google — TNW
“The correlations we note among industry sectors are profoundly and dysfunctionally high” — FT Alphaville
Federal prosecutors are investigating whether eBay took confidential information from Craigslist — Reuters
And Donald Trump’s new tenant paid its deposit in gold bars — WSJ
Find all these stories, and many more, on Counterparties.com.
Comments RSSPost Your Comment
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
“AOL, Microsoft, and Google have formed an ad pact to take on Google.”
I feel as though AOL and Microsoft are not so scary, but then I saw that Google is in the pact, and I thought, wow, that is a legitimate threat. Google is probably terrified.
@mindbender: And confused as heck. That’s what happens when a company grows too fast.
Default big, yes, but have a plan in mind first as to how you’re going to balance the primary budget after you do.
First, I believe it’s supposed to say, “AOL, Microsoft and Yahoo”.
Second, there is a need for clarification here. These are for online display ads, not search ads, and here’s why the distinction matters. According to comScore Q1-2011 US Online Display Ads:
Facebook.com 31.2%
Yahoo! Sites 10.1%
Microsoft Sites 4.8%
AOL, Inc. 3.0%
Google Sites 2.5%
The clicked-thru stories link to IDC’s numbers (for Q1-2011) that are widely different:
Google 14.7%
Yahoo 12.3%
Facebook 8.8%
Microsoft 6.5%
Since I frequently track comScore’s other metrics (search and smartphone market shares), I tend to trust their numbers more.
In either case, the impression most people would have had (if they didn’t pay close attention and click all the the way thru to find the numbers) is that Google dominates online display ads as it does with search ads.
http://www.nationalreview.com/agenda/277 220/megan-mcardle-and-arnold-kling-psych ic-inequality-reihan-salam
Rarely can I stand to read anything from NRO, but this post highlights a key concept. Our economic measures focus on GDP — but for a wealthier country, where the basic essentials cost only a small fraction of the per capita income, it is a poor proxy for what really matters.
How might we even begin to measure “psychic income”? Are there perhaps instances where “psychic wealth” and “material wealth” would drive different policies?