There Are Now More Indices Than Stocks
Source – Bloomberg
A Lesson In Here
Whilst I was in New York and LA last year I took to looking at the price of real estate in the US. The US real estate market is fascinating for anyone who has an interest in the way price distributes itself in various sectors. Real estate in Manhattan is staggering expensive, yet you can…
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What’s it like to lose £350m?
In 2009, shortly after the global markets had suffered their worst crisis for 90 years, Alexis Stenfors was working as a currency trader for Merrill Lynch in London. With 15 years’ experience, he was good at his job and he prided himself on his ability to read the markets. His view was that the whole…
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The revolution in managing chronic pain
What is pain and why does it sometimes persist? In this week’s podcast, South Australian pain scientist Lorimer Moseley will surprise you about the real cause of chronic pain and what this understanding means for its treatment. Moseley, the Professor of Clinical Neurosciences at the University of South Australia, is helping to develop ways to…
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The World Is Changing
Source – Bloomberg Gadfly
Wall Street Porn
NEW YORK — The hedge-fund industry is a secretive world led by tight-lipped titans who make more than $1 billion a year. It shouldn’t enjoy having its quirky habits probed on television. But that appears to be what is happening. On Showtime’s “Billions,” two larger-than-life adversaries, U.S. Attorney Chuck Rhoades and billionaire hedge-fund manager Bobby “Axe”…
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Mayne Pharma…WTF Is the Fuss About
Last week the financial media went all weak in the waterworks over the slippage in MYX, apparently they came out an said that things were not as rosy as everyone had thought. Shit happens move on, nothing to see here for everyone except both the media and local investors who don’t seem to be able…
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Would You Take The $10M Part Two
Last week I posted this interview with NBA star LeBron James. James describes how at the age of 18 whilst living in both obscurity and poverty he made the very mature commercial decision to knock back a $10 million contract from Reebok – this contract whilst extraordinarily generous for someone who had never played professional…
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