Active Investment
Dilbert on active portfolio management
I Know What We Are Doing At The Next Mentor Program
The Ultimate Tazer Ball league – where players use 300,000-volt Tasers as part of the game – is coming to Toronto. Think of it as a combination of football, rugby and stinging electric currents zapping you at every turn. Canada’s contribution, the Toronto Terror, is now beginning to form its six-person roster.
The Year So Far
An interesting year so far with all the usual suspects popping up. The one that interests me is Lumber since it can be viewed as a leading indicator in terms of economic recovery if you are into that sort of thing. You can see from the chart below that lumber collapsed before the US housing…
DetailsThe Most Generous Rich People You’ve Never Heard Of
Found this in the WSJ over the weekend. Love the conclusion – I wish we heard more about the Dornsifes, Jacobson’s and Morks and less about the Trumps, Adelsons and Soros’s of the world. Perhaps then, America would have a more reality-based view of how the wealthy make and give away their money. Amen to…
DetailsI missed my usual Friday blog oddness because the day was spent dealing with idiots directly and the actions of a single idiot.
DetailsSpot The Country That Digs Things Up
The chart below is a comparison between the ASX S&P 200 and the NASDAQ 100. There is a remarkable divergence in perfomance over the past six months. The 200 continues to limp along inside a broad congestion zone that makes it hard for trend followers whereas the NASDAQ 100 continues to power along. Whether the…
DetailsLegalese
We have long grown use to legal statements that make absolutely no sense whatsoever or those interminable disclaimers at the end of every financial ad on the radio. At last someone has appeared with a sense of human.This is the standard disclaimer that Contango Oil & Gas Company (MCF) include with their earnings reports –…
DetailsLetter
Letter writing is a dying art form replaced by more mundane and functional forms of communication such as emailing and texting. Neither of which carry the emotional resonance of writing something to someone by hand. Below is a letter from Jackson Pollocks father to his young son Dear Son Jack, Well it has…
DetailsOfficial Federal Reserve Hand Signals
Via William Banzai
