Another piece by Matt Taibbi and Rolling Stone, things strike me about this article. Firslty, if even a fraction of it is true then it a profoundly distressing since it is not only a reflection of of BofA but also US society in general. Secondly, why the f#%k cant our journalists and mainstream media be…
Over the long weekend I came across this excellent primer on the behavioural issues facing investors. The link to the original follows at the end but I have snipped part of the first page below. Seven sins (common mistakes) were identified. The first was placing forecasting at thevery heart of the investment process. An enormous…
People invested in hedge funds are still paying a lot for very little in the way of actual return. Hedge funds were up 0.59% in March although they still trailed the S&P 500, which was up 3.13% for the month and 12.00% YTD. The Hennessee Hedge Fund Index is up 4.59% YTD. “Hedge funds posted…
I am a fan of internet shopping – I buy everything I can reasonably buy from the google box. Years of putting up with disinterested, surly and friggen ignorant shop assistants have been replaced by a relaxed approach to buying virtually anything I want in peace and quiet However, when buying a digital book of…
There appears to be a growing realisation that fund managers of all ilk are simply not delivering the returns they are being paid for. In fact the evidence seems to indicate that the majority of managers (>95%) are actually a drag on the performance of any given fund. Whilst, we tend to look as this…
This nifty little graphic shows the number of heavy metal bands per 100,000 people. As you can see Sub-Saharan Africa is a cultural desert for heavy metal (pardon the pun) Whereas, Scandinavia particularly Finland is bonkers for metal.
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