As you would expect I keep a file of all world indices but I call this file a context file in that it has no information other than price and a few coloured lines. The reason I do this is simply to remove as much noise as possible and to get a sense of what…
Von Neumann, Feynman and Ulam sitting around bullshitting to one another. If Feynman is involved then its probably about safe cracking or girls…… If you want to make yourself smarter google those three names and be prepared to be amazed at how clever some bastards are…
A new academic study asks whether hedge funds make markets inefficient and the answer appears to be ‘no.’ “Hedge Fund Herding and Crowded Trades: The Apologists’ Evidence,” is the work of Blerina Bela Reca of the University of Toledo, Richard W. Sias, University of Arizona and Harry J. Turtle, Washington State University. The authors examined…
Maybe….maybe not. Its probably more akin to pick pocketing with baseball bat – supposedly subtle and frictionless but actual a source of violence. More here
Note to audience – this video contains smart people doing smart things. Do not watch if you have a passion for reality tv, womens magazines or if you have a child with a bogan name such as Alivia, Alixzander, Amarly, Antwonet, Ararahbella or Sierra-Leonie.
Brilliant piece by Matt Taibbi of Rolling Stone – I have said it before and I will say it again – Taibbi is the best finance journalist going around today. All the rest seemed to be boring hacks who try and conjure up some postdictive bullshit as to why something happened as opposed to looking…
Following on from my surprise that betting agencies present their information in a manner similar to other derivative providers I have been doing a bit of trolling around and found that someone is actually making a market on the timing of the discovery of the Higgs boson. For those not up with the nitty gritty…
I have just started reading The Status Syndrome which is a look at how our status and how the perception of our status affects both our longevity and our health. In the opening few pages I have learn’t that actors and actresses that won an Academy Award lived four years longer on average than those…
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