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
Apple makes up more than 4% of the S&P500 and more than 18% of the Nasdaq 100
I noticed this in the footnotes of this article – The Crisis of Big Science In his recent book, The Infinity Puzzle (Basic Books, 2011), Frank Close points out that a mistake of mine was in part responsible for the term “Higgs boson.” In my 1967 paper on the unification of weak and electromagnetic forces, I…
Step 1. How to deal with losses. Losing traders believe. Losses are a reflection of their self worth. For example if I originally had $10,000 in my trading account and that amount has degraded to $5,000 then as a losing trader I believe that my worth as a person has been halved. Losses are permanent…
IN THE BEGINNING, GOD CREATED DINOSAURS and humans, and they walked together in Texas. Need I say more about the emergence of a new dark age….. More here – only if you want to be depressed at how dim people can be. At least, according to many people in Glen Rose.
To the shock of most sentient beings, Facts died Wednesday, April 18, after a long battle for relevancy with the 24-hour news cycle, blogs and the Internet. Though few expected Facts to pull out of its years-long downward spiral, the official cause of death was from injuries suffered last week when Florida Republican Rep. Allen West…
This blog picks out the eyes of Cleese’s presentation but it is worth sitting though the entire thing.
Following on from yesterdays thread on Ronald Wayne who left $58 billion on the table when he bailed on the embryonic Apple I thought it would be good to look at a case where it would have been wise to take the money. In 2008 Microsoft offered $44 billion for Yahoo – this valued the…
If anyone is having a bad day, remember that today in 1976 Ronald Wayne sold his 10% stake in Apple for $800. It would now be worth $58,065,210,000.
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