I came across this image on Bespoke – those folks who generate arrays of dazzling data very few of which are in any way helpful to market participants. It shows the daily change on the S&P 500 since January and I have no idea why this would be of interest but I thought I would…
I posted the chart below in the MP Alumni forum last week. I did so for the same reason someone drops a stone in a pond – they want to see where the ripples go. Often the issue with trading or investing is a closed mind or a mind that is set on a…
Henrique de Castro was booted as COO by Marissa Mayer after she personally poached him from Google about 15 months earlier. Mayer said de Castro “was not a fit and that’s a regrettable conclusion,” but he still walked with $58 million in salary, bonuses and stock. Source – Time I could be twice as incompetent…
I believe it was the American writer HL Menken who once said you will never go broke underestimating the intelligence of the American public. A statement that is probably a bit harsh on the Yanks but one that can definitely be applied to those who invest in hedge funds. 2013 was another great year for…
I try to maintain fairly diversified reading habits. I am a believer that some of the best books about trading never mention trading but rather deal with people and their fallibilities and their successes. I have just finished The Dirt – a biography of 1980’s hair metal band Motley Crue. The back cover of the…
This is brilliant and perfect for trolling something like Facebook simply click the Reionize electrons button to be served a fresh dose of New Age Bullshit.
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