Recently, I happened across an article that claimed that the local markets was going up because volatility had gone up this year. After careful consideration I thought…BULLSHIT. This touches on a topic that always irritates the living daylights out of me – volatility and trend are not the same thing and only people who have…
I have been pondering this article by LB and the wider notion that according to a few peanuts some forms of knowledge might be sex linked. Even this blog has not been immune from sexism. My note on the first women to win a Fields Medal attracted the usual dickhead comment from a reader. Working…
In “Seven Bad Ideas: How Mainstream Economists Have Damaged America and the World,” Jeff Madrick — a contributing editor at Harper’s Magazine and a frequent writer on matters economic — argues that the professional failures since 2008 didn’t come out of the blue but were rooted in decades of intellectual malfeasance. As a practicing and,…
Technology entrepreneurship will never have the power to displace big Wall Street banks in the central nervous system of America’s youth, in part because tech entrepreneurship requires the practitioner to have an original idea, or at least to know something about computers, but also because entrepreneurship doesn’t offer the sort of people who wind up…
A few weeks ago I took LB’s youngest off to her first Tae Kwon Do class – she is a dab had at Japanese Jujitsu and the thought of actually kicking people in the head appealed to her (as it should). So as the resident expert on such things I did a bit of research…
According to The Age – Investors are using Australia’s stock market to bet that the iron ore rout has further to run. Two of the five most-shorted companies in the nation’s benchmark equity index are producers of the commodity, while bearish bets on Atlas Iron hit a record this month, market data shows. Short sellers…
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