Andrew Kessler is a former hedge fund manager who now writes on investment trends in technology and communications.
His first book, "Wall Street Meat: Jack Grubman, Frank Quattrone, Mary Meeker, Henry Blodget and me" was published in March of 2003. His next book, "Running Money: Hedge Fund Honchos, Monster Markets and My Hunt for the Big Score" was published by HarperCollins oin September 14th of 2004. "Running Money" was added to the New York Times Business Bestseller list on November 7, 2004.
Andy is a frequent contributor to the Wall Street Journal op-ed page and has written for Wired, Forbes Magazine, The Weekly Standard, LA Times, The American Spectator magazine and techcentralstation.com and thestreet.com websites.
Andy Kessler was co-founder and President of Velocity Capital Management, an investment firm based in Palo Alto, California, that provided funding for private and public technology and communications companies. Private investments included Real Networks, Inktomi, Alteon WebSystems, Centillium and Silicon Image.
In the early '80's, Andy spent 5 years at AT&T Bell Labs as a chip designer, programmer, and spender of millions in regulated last minute, use it or lose it budget funds. In 1985, he joined PaineWebber in New York, where he did research on the electronics and semiconductor industry.
In 1989, Andy joined Morgan Stanley as their semiconductor analyst, and following in the footsteps of Ben Rosen, he added the role of technology strategist and helped identify long-term, secular trends in technology. In 1993, he moved to San Francisco to join Unterberg Harris, where he ran a private interactive media venture fund, with investments that included N2K, Exodus and Tut Systems.
Andy Kessler received a BS in Electrical Engineering from Cornell University and an MSEE from the University of Illinois.
Okay, so in my view as scans get cheaper, as screening, as early detection kicks in versus chronic care, the number of heart attacks per year which has been climbing due to the population size will start falling. Now someone may recognize that chart. I'll come back to it but the number of heart at...(Full transcript available to logged in subscribers.).
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