WTF?
Apparently, the Bank of Cypress was named best bank for private banking in 2012.
I Wonder How Long It Will Be
…before I start seeing real estate seminars advertising this….
Sell Side Bearishness
I have been seeing a few articles pop up about how bearish Wall Street is about the current rally. The chart below courtesy of Merrill Lynch has been popping up for the past few months. Apparently it is telling me that analysts have not been this bearish for about 30 years. To be honest I…
Due Diligence Disasters
I have always been surprised at the claims by stock analyst/fundamental analysts that they are intimately familiar with the workings of a given organisation and that this familiarity somehow translates into a perception of where price is going. Within the world of the corporate buyout the analyst is king and has enormous resources at their…
Stillness Revisited
Within the current mentor group we have been having a bit of a discussion regarding the desperate need for activity that drives many (most) traders . As such I thought it was revisiting this concept on the blog. Traditionally Westerners equate activity with productive effort, as such the more noise and the more fuss you…
The Venn Diagram of Irrational Nonsense
This is brilliant…wonder if its available as a t-shirt to send to people… From The Reason Stick
Women Make Better Decisions Than Men
Mar. 25, 2013 — Women’s abilities to make fair decisions when competing interests are at stake make them better corporate leaders, researchers have found. A survey of more than 600 board directors showed that women are more likely to consider the rights of others and to take a cooperative approach to decision-making. This approach translates…
Passive Investing: The Evidence the Fund Management Industry Would Prefer You Not to See
This is quite an interesting video from a group known as Sensibleinvesting.tv. I do agree with its overall thrust – fund managers of all ilks do a rubbish job for the extraordinary amount of money they rip off investors. They do such an ordinary job because they cling to ideas that simply no longer have…
Why the Rich Don’t Give to Charity
The Atlantic……It is not. One of the most surprising, and perhaps confounding, facts of charity in America is that the people who can least afford to give are the ones who donate the greatest percentage of their income. In 2011, the wealthiest Americans—those with earnings in the top 20 percent—contributed on average 1.3 percent of their income…
What A Remarkable Individual
NY Times….Even among top athletes, Jornet is an outlier. Take his VO2 max, a measure of a person’s ability to consume oxygen and a factor in determining aerobic endurance. An average male’s VO2 max is 45 to 55 ml/kg/min. A college-level 10,000-meter runner’s max is typically 60 to 70. Jornet’s VO2 max is 89.5 —…
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