Fact Of The Day
Apple makes up more than 4% of the S&P500 and more than 18% of the Nasdaq 100
Predicting the Improbable
Excellent paper by VoxEU.org on behaviour around what are considered improbable events. Predicting the improbable Claus Bjørn Jørgensen Sigrid Suetens Jean-Robert Tyran 22 April 2011 Japan’s trio of tsunami, earthquake, and nuclear disaster has left the world stunned. As this column points out, even the experts were shocked. But while these events were highly unlikely,…
DetailsHow do you spell BUBBLE
Anyone who has been to Vancouver will attest to the fact that it is a magnificent city – one of the few places where you can go sailing in the morning and skiing in the afternoon. In recent years it has been in the grip of a ferocious property bubble that puts the ones seen…
DetailsGold
The markets section of the WSJ is currently running a piece titled the World is Bitten by the Gold Bug. “Gold continued its upward march in a time of global financial tumult, closing above $1,500 an ounce Thursday for the first time as investors seek safe haven in the metal. In a remarkable performance for…
DetailsImaginery Friends
If you thought the responses on our politicians to serious problems was somewhat of a joke consider the case of Texas Governor Rick Perry. Texas is in the grip of a severe drought much like parts of Australia had been. His response is to call for a national three days of praying for rain. TO…
DetailsImaginery Friends
If you thought the responses on our politicians to serious problems was somewhat of a joke consider the case of Texas Governor Rick Perry. Texas is in the grip of a severe drought much like parts of Australia had been. His response is to call for a national three days of praying for rain. TO…
DetailsGold
The markets section of the WSJ is currently running a piece titled the World is Bitten by the Gold Bug. “Gold continued its upward march in a time of global financial tumult, closing above $1,500 an ounce Thursday for the first time as investors seek safe haven in the metal. In a remarkable performance for…
DetailsYes….You Can Be That Stupid
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.
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