Whilst eating my vegemite and toast this morning I heard on the radio that one in ten people believe the Mayan prophecy that the world will end on December 21 2012.  If this is true then these folks should be rounded up and quarantined from the rest of us, as should their children because being…

So I was sitting on my arse in front of the idiot box last night enjoying the cinematic delights of Moby Dick 2010 on the Universal channel which runs mockbuster mayhem evenings. Which if you have cable you have to check out. They are friggen hialrious. Any way in one of the ad breaks –…

Nanex ~ 25-May-2012 On 18-May-2012, within seconds of the opening in Facebook, we noticed an exceptional occurrence: Nasdaq quotes had higher bid prices than ask prices. This is called a cross market and occurs frequently between two different exchanges, but practically never on the same exchange (the buyer just needs to match up with the seller,…

If you summoned up the worlds most powerful microscope you still would not be able to locate my level if interest in US tax policy – I have enough trouble getting excited about tax domestically. However, I was reading some stuff post the Facebook IPO which proved to be a bit of a squib when…

BBC interview with Nassim Taleb on the cock up that is JP Morgan – would have been better if the interviewer would STFU

This intriguing piece occupied my weekends reading – its a fascinating insight into stereotypes and what they mean to the individual being cast in a certain way.

Two interesting graphics from the NYT comparing Facebook to other tech IPO’s The original link is worth clicking on since it has a nice little interactive graphic that looks at a range of post IPO outcomes.

As Mark Twain said – The trouble ain’t that there is too many fools, but that the lightning ain’t distributed right.”

When you run a business that has any sort of public profile you get all sorts of emails, some insightful, some interesting but most are by nutbags. Generally these mental cases confine themselves to gibbering on about the end of the world, the coming great depression or some other conspiracy. However rarely do we get…

I suppose the bulls have a similar feeling regarding rising prices.