Building A Financial System That Works For The Real Economy
Interesting talk by Sony Kapoor a former Lehman employee on how the financial system works versus how it actually should work.
Hedge Funds
The hedge-fund industry just had its fourth-worst quarter on record, according to one industry watcher. Hedge funds lost 5.5% in the quarter, according to Hedge Fund Research Inc., “trailing only the third and fourth quarters of 2008 and the third quarter of 1998.” More here This is not surprising – as I have mentioned before…
DetailsMan Financial
I wonder if they soon will have convictions 😉
The More Things Change
Well October ended pretty much as it started with Europe still rooted, no useful suggestions as to what to do with Greece other than push it into the Mediterranean and sink it and markets moving one step forward and then one step back. However, in reviewing my posts for this months it is worth revisiting…
DetailsNothing New In Hating Your Bank
A little piece that looks at the history of hating banks – who would have thunk that hating people who skew rules to suit themselves was a long held tradition.
DetailsThe World At 7 Billion
This is a neat little graphic from the BBC that shows your place among the other 7 billion on our rock. Click the graphic to be taken to the interactive page.
DetailsChrist…………She Is Terrifying………
My recollection is that software demo’s are supposed to be a little bit over hyped but this women seems like she has hooked her undies up to mains and then leapt on stage.
Hugh Hendry
The always entertaining hedge fund manager Hugh Hendry. Much is written about hedge funds and the types that run them – this is a nice personal look at how they think. Hendry gets points for his openness and admissions of his own fallibility. Part One Part Two Part Three Part Four Part Five You might…
DetailsWhy Economic Models Are Always Wrong
I saw the above title and thought WTF would anyone be surprised at this. More here – Scientific American PS : Welcome to the land of the bleeding obvious……..
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