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Mid-day Update

PODCAST: A $90 million game of Marco Polo

David Brancaccio Dec 2, 2014
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Mid-day Update

PODCAST: A $90 million game of Marco Polo

David Brancaccio Dec 2, 2014
HTML EMBED:
COPY

More hedge funds have closed down for good this year than at any time since the financial crisis, according to new calculations by Bloomberg News. These are fancy and often expensive investment vehicles for high net worth people and many have struggled not just to beat the market to but even to keep up. More on that. And who says international trade is a dreary subject? Netflix is betting that the life of an Italian mercantile trader will be the next ‘House of Cards’ or ‘Game of Thrones.’ The streaming video company has put up a reported $90 million to produce a series about … Marco Polo. Plus, in case you wondered, the MBA isn’t the only way to go. The co-founder of the huge social media company Twitter was a graphic designer. Biz Stone is now CEO of an outfit called Jelly. He joined us to talk about how his experience as a graphic designer gives him a unique advantage.

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