Bridgewater

Bridgewater is the worlds largest hedge fund managing a staggering $94 billion and as with many such successful things it is considered to be a bit odd. If you want to understand Bridgewater Associates, the world’s largest and indisputably weirdest hedge fund, you might start with the story of the peas. It goes like this:…

Details

Delusions

  I came across an interesting paper the other day that look at the changing nature of delusions within populations presenting at US psychiatric hospitals.   The researchers found something very interesting but fairly obvious. The nature of delusions is changing in that it is reflective of the culture at the time. The authors found that –…

Details

Murphy’s Laws

John Murphy has been a technical analyst on both TV and for Stockcharts.com for decades. He has also published numerous books (read odes to magic tools) on the subject. The following are a set of rules he generated. Compare these rules to those of Michael Steinhardt and remember Steinhardt was an actual trader with an…

Details

India

Having watched the energetic expansion of the Indian economy over the past few years I have often wondered whether the inherent racism of the caste system and the inefficiencies of a colonial bureaucracy would eventual lead to structural problems that might bring the entire expansion phase undone.   Apparently it is –   BANGALORE, India—Call-center…

Details