Rolling Stone

I have been a Rolling Stone reader for decades – what originally started as a somewhat shambolic counter culture music mag has morphed into probably one of the most effective financial journals around. Witness this skewering of Hank Paulson

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Superstition

Following on from my earlier posting regarding economics not being a science and being more akin to superstition I thought I would have a little look at the nature of superstition and I came across the following by Betrand Russell. Uncertainty in the presence of vivid hopes and fears, is painful but must be endured…

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HFT Review

I have to admit I am not certain where I sit on the notion of algorithmic trading or HFT. It is often portrayed as a form of electronic front running – merely a high tech way for broking firms to steal from clients. I have to admit I have some sympathy with this view. However,…

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Interesting

This struck me as intriguing I am going to have to go away and think about this some more. From Bloomberg “What does today’s stock rally equal in past markets? About half as much. The Dow Jones Industrial Average (INDU) reached 12,045.68, up 490.05 points from yesterday’s close. Adjusting for the market’s volatility in 2011,…

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