The Austerity Dictionary
Some of these are quite good….
This one is for serious geeks only. In terms of mental horsepower there are a handful of people like Von Neumann and then there is the rest of us.
Some additional references – Yachtman Bets BlackBerry Can Survive Market-Share Plunge RIMS Market Share Slips Some More The New Blackberry Debacle Worldwide Market Share For Smartphones
I must admit having fun with value investors is a somewhat akin to shooting fish in a barrel The hubris required to believe that you and you alone actually know what something is worth and that the market will believe you is extraordinary. Consider the case of HP’s acquisition of software maker Autonomy, they thought…
I am planning on doing a longer piece on the heterogeneous nature of Asian markets as a function of their cultural and economic background. In the meantime I needed to generate a chart of the comparative performance of the Nikkei, the Hang Seng and the doggy Shanghai Composite over the past year.
I like everyone else has been ear bashed by the notion of the fiscal cliff – that is yet another seemingly childish staring contest by people who are supposedly adults. We have seen several of these this year particularly in Europe where the Greeks and the Germans tried to out dickhead each other before actually…
My news reader picked up this little piece this morning – Trio of Strategists Agree S&P 500 to Reach Record in 2013 Bank of America Corp.’s Savita Subramanian yesterday joined Citigroup Inc.’s Tobias Levkovich and Bank of Montreal (BMO)’s Brian Belski in predicting the benchmark gauge for U.S. stocks will top the high of 1,565.15 set on…
It often surprises me that we dont seek to learn from the best in the world but rather that we slavishly copy the worst in the world. It is quite clear by many measures that Finland has one of the worlds best education systems. It produces outcomes well beyond our own which seems to be…
Markets are good at telling you what the real story is. Watching price is not like listening to someone tell a story since people place their own filters on the information they receive and then filter it again for public consumption. People tell themselves what they want to hear and what they think will be…
I was having tea and toast this morning when I spied this quote from Gerry Harvey…… HARVEY Norman executive chairman Gerry Harvey says industry conditions remain dire and he expects more retailers will go bust next year after the Christmas sales are over. ”There are more retailers currently under pressure than I’ve ever seen ……
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