For those considering a career in finance be warned this is the sort of person you will be working with. This is Olivier Desbarres the now sacked of FX strategy for the Asia-Pacific, this little rant apparently occurred because builders in his neighbourhood were making a bit too much noise. I used to work…
‘A Person Becomes Old When His Mind Is More Occupied By Memories Than Aspirations’ This extremely perceptive quote is apparently attributed to web designer Navin Kulkarni a web designer who I am unfamiliar.
The training is fun – the being punched in the head not so much….
The Rise of the Poll Quants (or, Why Sam Wang Might Eat a Bug)
I offer these videos with only one comment – my pc doesn’t work properly all the time so the chance of being able to upload an individuals consciousness to an external storage device are f#4k all. The 1950’s had flying cars and atomic powered fridges and we have singularity……
Its time to dig into my mail bag and see what half baked homilies which pass for series content I have received this week. This weeks winner comes from an email newsletter I seem to be getting that has the quote….. “Get out of the casino, own Corporate America and hold it forever! No trading,…
Whilst one shouldnt play favourites in trading it is hard to forget the commodities you encountered first. I have fond memories of things such as frozen pork bellies (now defunct) and lumber. To me these are old time commodities that were traded long before specialised financial products appeared. So I was a bit surprised when…
Is these idiots who keep using the phrase quantum leap as if you are trying to traverse some enormous intergalatic gulf. For those of a non scientific bent a quantum state is the smallest discrete quantity of a physical property that can be involved in an interaction. Its friggen small – so if you have…
Wonder whether anyone has given Larry Page a call to ask if that offer of $6 billion is still on the table. There are times when opportunity knocks and some people are stupid enough to say f$%k off I’m busy not paying attention…….
One of the most misunderstood issues in trading is the notion of diversification. I can distil the standard mantra of how the sell side of the industry defines diversification into – so long as your stocks have different names you are diversified. So no need to worry. Unfortunately, this is not true. In small closed…
Markets are always interesting – even when they are not doing anything they are interesting. The thing that interests me most about this is that the Dow did not go down, although one possible interpretation of this could be that it is simply a relief rally. That is we are relieved that we didn’t wake…
