Dark Side of the Moon’ at 50

….Storm Thorgerson and George Hardie’s image of a light shining through a prism and emerging as a spectrum of color—pitched dead center, slightly raised, cast against a black backdrop—is probably the most famous in rock history. You can find it just about anywhere, in myriad objects: T-shirts at Walmart, bumper stickers, bedding, sneakers, stained glass, and lower back tattoos. While writing…

Details

Market Wizard Quotes

A few reminders – “Don’t focus on making money; focus on protecting what you have.” – Paul Tudor Jones (Market Wizards) “The key to successful trading is emotional discipline.” – Richard Dennis (Market Wizards) “The game taught me the game. And it didn’t spare me rod while teaching.” – Ed Seykota (Market Wizards) “The four…

Details

Why the Medallion Fund is the Greatest Money-Making Machine of All Time

The Medallion Fund, managed by Renaissance Technologies, is one of the most successful and mysterious hedge funds in the world. Founded in 1988 by mathematician Jim Simons, the Medallion Fund has produced impressive returns for its investors and has become synonymous with the idea of using mathematical models and algorithms to trade in financial markets. Despite its…

Details

Are Markets More Volatile Today?

When analyzing markets, we often make pronouncements based on our experience and observations, rather than collected evidence. Recently, a fund manager suggested in an interview I saw on Twitter that due to the high market volatility caused by the increase in information flow that investors are subjected to, the market should only be open for…

Details