Apple Versus Priceline
With all the talk of astronomical prices predicted for Apple my attention was drawn to this comparison. At this stage my money would be on Priceline to hit the magic $1,000 mark.
DetailsWhy Do Traders Fail To Make Money?
Let me state at the outset of this article that in terms of the number of rules involved in its successful execution trading is the simplest profession on earth. There are only two basic rules in trading. They are if the price is trending up over the time frame you are interested in then you…
DetailsBernie Madoff Letters From Prison
Fascinating piece from Forbes on letters Madoff has written to the author of his biography. It is well worth reading all the exchanges to get a sense of his profound and all encompassing delusion. Now all we need to know is what sort of delusion the SEC was operating under when they refused to investigate…
Details$100 Later
Earlier this month I wrote about a talking head who suggested that traders should go short Apple based upon the fact that it had – a) Gone up a lot and that is bad b) Long in the tooth – which is obviously a technical term that I dont understand. So what has happened since…
DetailsBruce Springsteen Speaks at SXSW
A surprisingly thoughtful way to speak a morning if you have even a passing interest in music.
Sex-Deprived Male Fruit Flies Turn to Alcohol, Research Shows
And the surprise is?
Jim Rogers
“Most of us don’t have the discipline to stay focused on a single goal for five, ten, or twenty years, giving up everything to bring it off, but that’s what’s necessary to become an Olympic champion, a world class surgeon, or a Kirov ballerina. Even then, of course, it may be all in vain. You…
DetailsThe Man Who Broke Atlantic City
Johnson is very good at gambling, mainly because he’s less willing to gamble than most. He does not just walk into a casino and start playing, which is what roughly 99 percent of customers do. This is, in his words, tantamount to “blindly throwing away money.” The rules of the game are set to give…
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