Punch A Hedge Fund Manager In The Head Day…..
I think a much better idea would be to allow disgruntled clients to pay to punch their hedge fund managers in the head.
Chart Of The Day
Not mine….someone else’s. The chart below dropped into one of my junk email accounts. This is a chart of the S&P500 PE ratio – I can see what people are attempting to do when they construct such charts. My interpretation is that they are looking for signs of mania – that is a distortion in…
DetailsSurprising Stat Of The Day
This piece was on my weekend reading list and it contains the following surprising stat which I was completely unaware of. There’s frequent evidence for that in economic data, and in the country’s destiny to become ever-smaller, doomed by demographics that will shrink the population from about 127 million today to 47 million in 2100, according to…
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