Embarrassment is directly proportional to the value of your car and the perception of being a wanker.

………when referring to the funds management industry and its enormous fee collection for little return, I could be twice as incompetent for half the price.

…this is how JP Morgan shot itself in the arse

……you could get away with doing this to the dicks who knock on my door at dinner times and the great unwashed who accost me in the street….

The bank’s strategy was “flawed, complex, poorly reviewed, poorly executed and poorly monitored,” Mr. Dimon said Thursday in a hastily arranged conference call with analysts and investors after the stock-market close. He called the mistake “egregious, self-inflicted,” and said: “We will admit it, we will fix it and move on,” he said. Interestingly it has…

I have written before on how  ordinary the performance is of over hyped hedge fund industry and how the only people involved who get rich are the managers. It seems that the same thing can be said of venture capital investments. The following is the executive summary of the Kaufman Foundations report on venture investing…

Whilst doing a data review recently I happened to chance upon a domestic data supplier who promised to give me “next days data” for only $15 per month. My immediate thought was I would give you 15k per month for tomorrows data. As a flight of fantasy consider the value of such information. At the…

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I was going through my archive of scanned documents the other day and came across this. It is so old I don’t even remember where I got it from. It is the forecasting record of mutual funds (managed funds) The presumption is that when such funds move into cash they are bearish and when they…