Someone dropped this into my inbox. It is 20 facts about the US housing market generated by Economic Collapse I think everyone in their right mind agress that the US housing market has essentially dropped its guts all over the US economy but these facts are fascinating in the level of damage it has done…
Apparently according to one group of Christian nutbags the world is going to end on the weekend which is such a bugger because I was planning to go to the flicks on Sunday. Naturally I had to have a look at all the other bonkers predictions people with imaginary friends had made. Fortunately, I didn’t…
LinkedIn the Facebook for people with a job debuted last night and has managed to do very nicely for those involved. The entire notion of social media intrigues me since it looks so much like the tech bubble circa 1998/99 with people putting extraordinary valuations on really quite nebulous businesses. The performance of LinkedIn on…
A crewman on a commercial tuna-fishing boat was the first to spot it: something shiny and metallic in the water off the ship’s bow. The crewman alerted the navigator, and the 280-foot San Nikunau slightly altered course to avoid a collision. As the ship came closer, the object revealed itself to be a small boat,…
I have seen a few pieces online in recent weeks predicting the end of the world as we know it because of soaring commodity prices. Some such as Jeremy Grantham one of the founders and Chief Strategist of Grantham Mayo Van Otterloo (GMO) is predicting a paradigm shift in commodity prices. To quote the opening…
Interesting piece on Bobby Fischer the chess grandmaster who moved from God like status in the world of chess to be a friggen mental case in his later years. His descent into wild and irrational behaviour is far from a unique narrative, particularly in chess. The history of the game contains many similar trajectories. As…
A peek into the hallowed offices of Market Wizard and Turtle Founder William Eckhardt When yo click on the picture of what appears to be there dealing room you will notice how serene and calm it is – no yelling , no screaming, just calm execution. There is a lot of difference between being a…
At the mid point meeting of our current mentor program much of the weekend talk was about the current state of the market – no surprise there. If you are a long term trend follower the current market sucks and unfortunately this is simply the nature of the market. There are times when it is…
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