It sounds like the sinister plot of some straight-to-DVD movie. Since 2009, Volkswagen had been installing elaborate software in 482,000 “clean diesel” vehicles sold in the US, so that the cars’ pollution controls only worked when being tested for emissions. The rest of the time, the vehicles could freely spew hazardous, smog-forming compounds. Suffice to…
As a former owner of 1970’s model Datsun’s I can only offer….WTF were they thinking.
Whilst I am not an economist nor am I even a macro trader – I am still vaguely sensible enough to spot a relationship… It is intriguing how little attention this gets on the sell side of economics (namely politics) and the implied problems this creates for the local economy.
A place in Thailand looks like a distinctly good idea. It also looks like it was built by people who knew what they were doing – not like the local version we seem to have. More here – Curbed
With the traditional wet your pants month of October approaching I thought it might be interesting to look at average monthly returns for a variety of markets. All the usual caveats about averages apply.
One of the biggest barriers to understanding others is excessive egocentrism. You can’t see into the mind of others because you can’t get over yourself. You can’t overcome your own experiences, beliefs, attitudes, emotions, knowledge, and visual perspective to recognize that others may view the world differently. Copernicus may have removed the Earth from the…
“I’d like you to underperform your benchmark by a consistent 200 basis points for the next six months.” Imagine making this statement at your next fund manager meeting. It’s likely that those sitting across the table would look at you quizzically and ask you to repeat the instruction. You’d say again—stressing this time—that you’d like your…
On a deserted trading floor, at the Tokyo headquarters of a Swiss bank, Tom Hayes sat rapt before a bank of eight computer screens. Collar askew, pale features pinched, blond hair mussed from a habit of pulling at it when he was deep in thought, the British trader was even more disheveled than usual. It…
You can guess what happened cant you….. The key players: Ed Crooks, energy editor of Financial Times, @Ed_Crooks Chris Nelder, energy futurist and author of “Profit from the Peak,” @chrisnelder Steve Levine, Washington correspondent of Quartz and author of “The Powerhouse,” @stevelevine Russell Gold, Wall Street Journal senior energy reporter and…
And here was I thinking that BMW’s X6M was the most pointless car in the world. It also looks as it was also hit with the ugly stick repeatedly.
I have always been amazed when ships bang into things even today. It surprises me that whilst only travelling at jogging pace with unlimited visibility and the benefit of radar that they still seem to manage to hit things be it another boat. Which must be harder because it is also moving. Or simply trying to drive the…
At night we ride through the mansions of glory in suicide machines Sprung from cages out on highway nine, Chrome wheeled, fuel injected,and steppin’ out over the line H-Oh, Baby this town rips the bones from your back It’s a death trap, it’s a suicide rap We gotta get out while we’re young `Cause tramps…
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