“Would-be drug companies must either produce medicines that stand up to...” — Alex Berenson Quote

Would-be drug companies must either produce medicines that stand up to federal scrutiny, demonstrate that their data has value to other companies, or go out of business.

For chat-room tyros who expect to make their first million day-trading by age 27, paging through the Sunday newspaper with a pair of scissors just to save a couple of cents on Cheetos seems so, well, old economy.

Hedge funds try to produce above-average investment returns using tactics ranging from traditional stock-picking to complex derivative and arbitrage plays. High minimum investments, redemption restrictions and aggressive strategies make them suitable mainly for more sophisticated and well-heeled investors.

Of course, the discounting of future earnings should hurt all stocks. But it should hurt technology stocks more than others, because so many of them are valued at extremely high levels relative to their current earnings.

High quality, open, transparent, and uncensored data are needed to support democracy.

What I love - and I'm a journalist - and what I love is finding hidden patterns; I love being a data detective.

Data is the kind of ubiquitous resource that we can shape to provide new innovations and new insights, and it's all around us, and it can be mined very easily.

I personally think honestly disclosing rather than hiding one's subjective values makes for more honest and trustworthy journalism. But no journalism - from the most stylistically 'objective' to the most brazenly opinionated - has any real value unless it is grounded in facts, evidence, and verifiable data.