Never was so much owed by so many to so few

(Reuters) – Opening a hedge fund is easier now than it has been in years, but keeping it open is a lot tougher, data released on Thursday show. During the first quarter, 298 new hedge funds opened their doors for business, the largest number of launches since before the financial crisis, performance and asset tracker…

I just opened up an email account I keep for subscribing to various bits and pieces that I dont want cluttering up my inbox to be greeted by the ASX Investor Update which is always good for a giggle. The feature story in this one is – Shares Look Cheap. My immediate response was well…

The following two charts caught my eye simply because of the congestion of price.

UNITED NATIONS — Without too much fanfare, the United Nations admits in its newest report on the progress of the so-called Millennium Development Goals that wealth creation and not wealth redistribution is the main driver behind reduced levels of extreme poverty around the world. Of course, the UN, being an organization that spends most of…

We have yet another country going down the gurgler – this time its Italy. And I’m surprised that everyone else is surprised since if you have ever been to Italy you will know that it is not the most well run place. In fact you get the distinct impression that running a hot bath would…

Finally something interesting and worthwhile happens in a country whose name ends in stan.

We have yet another country going down the gurgler – this time its Italy. And I’m surprised that everyone else is surprised since if you have ever been to Italy you will know that it is not the most well run place. In fact you get the distinct impression that running a hot bath would…

Psychologist: Why we screw up when the heat is on Psychologist Sian Beilock has investigated what happens in the brain when our performance crumbles under pressure. She talked to Tiffany O’Callaghan about what it takes to stay on form under stress, and why being smarter can be more hindrance than help What made you want to research…

The need for certainty is innately human. Unfortunately, markets cannot provide this certainty so we attempt to craft it by imposing a set of predicted outcomes upon a market that cares little for our predictions. As our predictions are proved incorrect, we adjust them to suit the market thereby never having to admit that we…

The need for certainty is innately human. Unfortunately, markets cannot provide this certainty so we attempt to craft it by imposing a set of predicted outcomes upon a market that cares little for our predictions. As our predictions are proved incorrect, we adjust them to suit the market thereby never having to admit that we…

Whilst I accept that BMI is a partially flawed measure these are interesting statistics. These findings regarding children and adolescents are more worrying since they point to an intergenerational problem.