Bloomberg – “We have a new credo: carpe noctem — seize the night,” said Douglas A. Kass, a hedge fund manager who routinely sets his alarm for precisely that time to scan the headlines coming out of Europe. All last week, the musings of the German chancellor, Angela Merkel, and other European leaders put the…
You would now by now that I am a fan of rational thinking and I hate bullshit – thats why I am a fan of Penn and Teller and their Bullshit series. This is an hour or so of a Q&A with Penn Jillette at Google
If you answered No to this question then join the dozen or so other f#$knuts who have recently interacted with our business who also do not seem to to know where they live. As a consequence of this we get a deluge of emails along the lines of ……. Your website has made a mistake…
Following on from my earlier posting regarding economics not being a science and being more akin to superstition I thought I would have a little look at the nature of superstition and I came across the following by Betrand Russell. Uncertainty in the presence of vivid hopes and fears, is painful but must be endured…
I have been a Rolling Stone reader for decades – what originally started as a somewhat shambolic counter culture music mag has morphed into probably one of the most effective financial journals around. Witness this skewering of Hank Paulson
I have to admit I am not certain where I sit on the notion of algorithmic trading or HFT. It is often portrayed as a form of electronic front running – merely a high tech way for broking firms to steal from clients. I have to admit I have some sympathy with this view. However,…
Give me a one-handed economist! All my economists say, On the one hand on the other. Harry S Truman I have long thought that if they give out Nobel Prizes for economics they should probably start to look at handing them out for homeopathy as well. The issue I have with economics/economists is the lack…
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