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.
DetailsThat 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
DetailsFact Of The Day
Apple makes up more than 4% of the S&P500 and more than 18% of the Nasdaq 100
How Depressingly True…..
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…
DetailsUS Tax Rates
Interesting that our top tax rate of 45% kicks in at $180,000.
Sometimes You Should Take The Money
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…
DetailsHaving A Bad Day?
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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