Mythbusting

You would naturally think that financial markets were hotbeds of rationalism and hard headedness. That only ideas that actually worked would be taken seriously. If you are of this opinion you are in for nasty shock. Any funds under management you have are being managed by people who believe that the best time to buy…

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Not All That Rosy

Piece from the NYTon how hedge funds are not doing all that well. There is a mythology around hedge funds that they are all seeing, all knowing and always profitable when this is very far from the truth. There are obviously giant profitable funds that are run by sane sensible individuals using robust logical models…

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Our Market Is Crap

With my overseas index system generating some buy signals last night I thought it might be worth comparing the health of our market to a random selection of others indices. Key ^AXJO = ASX 200 ^DJI = Dow Jones ^GDAXI = Dax ^N225 = Nikkei ^NDX = Nasdaq 100 As you can see our market…

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