Here is my idea for running a hedge fund – open the fund- take everyone’s money – buy an index ETF and then bugger off. I will be hailed a genius because I will trounce 99.9% of all other hedge fund managers. More hedge funds closed their doors in 2015 than at any time since…
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There is an old saying that goes along the lines of be careful what you wish for, it might come true. From my recent conversations with traders it seems as if this philosophy has started to creep into their psych. The local market seems to have stabilized and commodity prices seem to be moving in…
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Apparently Britain began its first census in 1801 and these are some of the occupations people listed.
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All of us have snapped at some point. A stranger cuts in line or a distracted driver nearly hits us and we lose our cool in a sudden fit of rage. As mass shootings continue to make headlines, it is becoming increasingly important to understand the brain circuits that underlie these flashes of emotion. R.…
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I was having a catch-up with my good mate and uber cool pad holder Jarrod yesterday. Our conversations tend to range far and wide, yesterday was everything from was The Odyssey by Homer which we agreed was the first modern novel to whether the film clip for Taylor Swifts Blank Space is actually a reflective exploration…
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Terry Jones presents Boom Bust Boom. The result of a meeting between writer, director, historian and Python Terry Jones and economics professor and entrepreneur Theo Kocken. Co-written by Jones and Kocken and featuring John Cusack, Nobel Prize winners Daniel Kahneman, Robert J Shiller and Paul Krugman, the film is part of a global movement to…
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It seems that criminals and dishonesty are the theme of the week. The things you find on the internet. Abstract: Is there any return to education in criminal activities? This paper is one of the first to investigate whether education has not only a positive impact on legitimate, but also on illegitimate activities. We use…
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I was do a bit of additional reading on the article I posted the other day regarding the seemingly robust secondary market for brokers who had been involved in some form of malfeasance when I came across this excellent analysis of the article by Michael Kitcess. The entire piece is well worth reading. The analysis includes…
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