Dead is dead. Two days ago, nobody was talking about Meat Loaf. Two days from now they won’t be either, unless it’s to say he was an anti-vaxxer. “Bat Out of Hell” was successful for one reason and one reason only, Steve Popovich. Pop was a legendary promo man at CBS Records who left to…
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Cryptocurrency trading platforms report a spike in activity from self-managed superannuation funds and rich wholesale investors even as the value of global digital assets tanked by $US1 trillion ($1.4 trillion). Micro-investing app Bamboo has detected a 17 per cent spike in sign-ups from SMSF trustees in the past month. The app allows investors to deploy…
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It is interesting how nothing lasts forever and sentiment can change in the blink of an eye. Peloton was supposed to revolutionise fitness and Zoom was to be the tool that carried us through the boom in working from home. Sentiment can be a bastard of a thing if you are on the wrong side…
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Inflation is back with a vengeance. This week the BLS reported 6.2% inflation for the year ending October 2021. And, as Bloomberg noted, this is the highest inflation has been since 1990: While this can be somewhat alarming, inflation from October 2019 to October 2020 was just 1.2%, so the two-year inflation is about 3.7% on an annualized…
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This interesting table popped up on Twitter. It is an interesting thread that can be viewed at this link.
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Whatever sphere you inhabit, whether you’re a pro or amateur athlete, businessperson, teacher, full-time parent or something else entirely, you’re bound to have felt the pressure of your own expectations and the expectations of others. Almost everyone must cope with daunting situations, in which they don’t feel they have the skills needed to succeed and…
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Abstract We explore the impact of limited attention by analyzing the performance of hedge fund managers who are distracted by marital events. We find that marriages and divorces are associated with significantly lower fund alpha, during the six-month period surrounding and the two-year period after the event. Busy managers who manage multiple funds and who…
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Forget Blockchain — investors might want to consider putting their money into LEGO blocks, which appreciate faster than even gold, according to a recent study. Researchers at Moscow’s Higher School of Economics found retired LEGO sets appreciated in value 11 percent annually from 1987 to 2015 — more than gold, stocks or bonds. LEGO sets…
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