Sad Bastards
If you are one the supposedly 400 gazillion people (sad bastards) who will be tuned into the royal wedding then this is for you.
I Love a Good Chart
This is from Chart of the Day who occasionally produce some interesting charts – although most of the time they are obscure things such as measuring GDP in gherkins The chart below is the long term inflation adjusted median price of US housing. Not only did housing prices increase at a rapid rate from 1991…
DetailsFX Turnover
I have in the past been asked by new traders what is the most liquid market in the world. The reason they asked was they were generally concerned that the massive size of their account (always less than 100k) was too big for any market other than the most liquid. So to put them at…
DetailsWilliam Eckhardt Interview
Interesting chat with Bill Eckhardt long term trading legend and one of the founders of the turtles.
Spotted This Headline
Nasdaq-100 Has Biggest Advance in 2012 as Apple Jumps The Nasdaq-100 Index jumped 2.7 percent to 2,709.62 at 4 p.m. New York time. The Standard & Poor’s 500 Index added 1.4 percent to 1,390.69. The Dow Jones Industrial Averagerose 89.16 points, or 0.7 percent, to 13,090.72. Apple (AAPL) is not a member of the 30-stock gauge. About 6.8…
DetailsTaleb
A bit of a chat with Nassim Taleb – the author of Fooled by Randomness and Black Swans. I have never really been one of Talebs fans since Fooled by Randomness seemed to be a long series of self justifications as to why he couldn’t trade. The central undercurrent of the book seemed to be…
DetailsLucky Bastards
To offer a counterpoint to Talebs notion of luck being the arbiter of all success a piece called what Lucky People do Different
That Equation Made Me Do It
I have written before about how those with the moral of a pox ridden alley cat had tried to blame the Black and Scholes equation for the GFC This very clever little graphic puts that notion to bed. Source – Quant
DetailsMoney Power And Wall Street
The Yanks do some things well – this sort of PBS doco is one of them PS My first attempt to load it in Chrome didn’t go so well – I had better luck with Firefox.
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