I dug this out of my archive of stuff. Feynman is one of my academic hero’s. In a world seemingly filled to the brim with the worship of the ordinary and the stupid. I think it is essential to remind ourselves that there have been people who were neither stupid nor ordinary. If you dont…
Neat graphic from Bloomberg on the relative value that CEO’s bring to financial organisations. It pretty much tracks a study I read in the 1980’s which stated quite bluntly that the worst performing companies have the highest paid executives.
I mentioned the other day that I had started reading Hedge Fund Wizards and I have to admit it is a little flat. Whislt, I am only part way through I have noticed a few things. Firstly, Schwager seems to have fallen into the hedge fund myth. The forward to the book gives the impression…
If you have ever wondered why this country is stuffed consider this little incident from the weekend. Yesterday was the mid point meeting of our Mentor Program, during the lunch break LB and I are busy doing stuff in the room and dont have time to go down to the restaurant for lunch. To fix…
More from Matt Taibbi the best finance journalist around at present It’s by now been well-established that the S.E.C.’s performance in policing Wall Street before, after, and during the crash has been comically inept. It would be putting it generously to say that the top cop on the financial services beat has demonstrated particular incompetence…
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