| Flash back to September 2007... I was preparing to travel to CSC's annual Connect Conference. Mark Andreeson's Blog was on the long list of subscriptions I browsed through daily via google reader. His entry on that day was a quote from The Panic of 1907: Lessons Learned from the Market's Perfect Storm by Robert F. Bruner and Sean D. Carr. The quote, from the introduction of the book, caught my eye and piqued my interest. I picked up the book for the flight down to Orlando.... couldn't put it down and continued to read it every spare moment away from the conference. The author's describe a "dramatic story of panic" but more eminently relevant to today is the description of a "perfect storm" in the financial markets and the seven elements that drive it. Still more interesting was the fact that the crisis was keenly felt in European financial centers. It was truly an international economy even then, but bound by the speed of existing international communication of the time.Flash forward to today, I am again preparing to travel to the latest CSC Connect conference and now reminded, even more poignantly, of that incredibly interesting book. Definitely a relevant read considering current events. Check out Andreeson's original blog entry , then pick up the book. I Highly recommend it. |
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