

Even Wizards Have Off Days
I bought my first copy of Market Wizards almost 20 years ago and it remains not only the most read book in my trading library but also the most useful. In my early days I used to be an avid reader of trading books but most would get the once over and then get dumped…
Property Is Stuffed
Or so say all the experts. Interestingly one of the equities systems we run has each week for the past few weeks been throwing up buys in the property trust sector. The ASX200 Property Trust Index looks vaguely interesting with its long period of consolidation. However, the ASX200 Property Trust TR (Total Return) Index…
A Few Charts Part 2
For some reason my blog editor has had an aneurysm – this chart was supposed to attach itself to the last post but it doesn’t want to play nice. You have a long way to go if you have an index linked portfolio.
A Few Charts
I thought I would generate a few charts for interests sake. Compound daily growth rate of the All Ords since 2007 I then thought it would interesting to wind the clock back a little and throw 2002 to 2012 into the mix. Adding in an extended bull…
Is It Time To Invest In Europe?
I have no friggen idea and really don’t give a stuff but this little chat is interesting if only to see the ever entertaining Hugh Hendry in action (scroll through to his bits). I always get the impression that Hendry doesn’t take himself or anyone else that seriously. Interestingly, this gabfest was hosted by the…
Analysts Are Such Dicks
A tremendous collection of documents relating to the failed Lehman Brothers has been placed on line by the NY Fed. I am not entirely certain why they are online. The consensus seems to be that the winner of the day is a piece titled Bruised, Not Broken, Poised For Profitability which is a piece by…
Interesting Things From The Weekend
How Physics and Neuroscience Dictate Your “Free” Will Twenty Citizens’ Worth Of Blood Flowed Through Him: A Medic Confronts The Open Wounds Of Afghanistan Historic Photos From the NYC Municipal Archives
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…
Money 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.
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