This fascinates me and seems to be a valuable window into the values of a country. I still cannot wrap my head around the ludicrous arguments against universal health care other than to offer the opinion that the more conservative you are the dumber you seem to be. Image compliments of Master of Science in…
I am not really much of a contrarian. You cant be when you are a trend follower and whilst I take mild amusement from magazine covers trumpeting that housing is the best investment in the universe in 2007 only to see housing end up in the toilet. It is not a strategy I find compelling…
Last night I caught a snippet on Woodside calling it quits on a prject in WA. Ordinarily this wouldn’t worry me but I was intrigued by all the crap speak that surrounded the event. So I went in search of what was actually happening. – Woodside Petroleum Ltd. has decided against using the Western Australian…
Kora Reddy of asxiq is back as a guest contributer with part two of his introduction to backtesting metrics. It follows on from Part One which can be found here. Payoff ratio (Ratio avg win/avg loss): Payoff ratio is the system’s average profit in Dollar terms per winning trade, divided by the average loss in Dollar…
Whilst heading to the gym this morning I heard on the radio that police had seized 280 kilogram of methamphetamine with a street value of $205 million. Apart from thinking I was in the wrong business I thought bullshit. The reason I said bullshit was simply the result of a quick bit of mental arithmetic,…
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