Do I fricken care..
…if the Dow is measured in gold. I find this style of charts profoundly inane. You don’t measure the amount of paint you might need to paint a room in the number of babies foreskins it will take.
…if the Dow is measured in gold. I find this style of charts profoundly inane. You don’t measure the amount of paint you might need to paint a room in the number of babies foreskins it will take.
“If the professional economists can’t predict economies and professional forecasters can’t predict markets, then what chance does the amateur investor have? You know the answer already, which brings me to my own ‘cocktail party’ theory of market forecasting, developed over the years of standing in the middle of living rooms, near punch bowls, listing to…
DetailsOnce upon a time the Korean martial of Tae Kwon Do was my chosen activity – it is an activity I first took up when I was 12 and stayed with for a decade. So it is no wonder I found this video somewhat endearing – Little blokes going at it Unfortunately, it encapsulates the…
DetailsCheating as a concept has long fascinated me, as has the general notion of what could be called delusional behaviour within humans. The interesting thing about cheating is that it seems to have moved from being an individually directed activity to a group activity. The activity of the group not only encourages the cheater but…
DetailsI am regularly send odds and sods by various peanuts (usually economists) telling me what the market should and shouldn’t be doing. Unfortunately, they are making a fundamental flaw – the stockmarket is not the economy. The stockmarket is a pricing mechanism based upon the aspirations and perceptions of populations and these populations are not…
DetailsThis is a list of the currency currency conflicts floating around the international markets compiled by Paul Mason of the BBC. China versus the USA: in which the US wants China to allow the RMB to rise against the dollar, weakening China’s competitiveness by raising the price of Chinese exports. There is the USA versus…
DetailsInterview with Steve Cohen of SAC Capital. Since inception in 1992 SAC has only had one down year and averages 27.1% return.
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