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More from Matt Taibbi the best finance journalist around at present It’s by now been well-established that the S.E.C.’s performance in policing Wall Street before, after, and during the crash has been comically inept. It would be putting it generously to say that the top cop on the financial services beat has demonstrated particular incompetence…
Snipped this out of the WSJ It follows on from a discussion we have been having in the Mentor Program about the impact of longer term changes in volumes might have on the market. To be honest I ma not certain what to make of it. Whether it reflects a structural change in the market…
How Neuroscientists and Magicians Are Conjuring Brain Insights The Neuroscience of Effort Robbie Adams: Recording U2′s Achtung Baby & Zooropa We’re creating a culture of distraction
Whilst eating my vegemite and toast this morning I heard on the radio that one in ten people believe the Mayan prophecy that the world will end on December 21 2012. If this is true then these folks should be rounded up and quarantined from the rest of us, as should their children because being…
So I was sitting on my arse in front of the idiot box last night enjoying the cinematic delights of Moby Dick 2010 on the Universal channel which runs mockbuster mayhem evenings. Which if you have cable you have to check out. They are friggen hialrious. Any way in one of the ad breaks –…
So gather round for a group hug followed by inappropriate touching. These were bounced to me this morning. I believe they are called The Paradoxical Commandments by Kent Keith circa 1968 – amazing what you can find on google. It does have a distinctly 60’s feel to it. I do note that the date of…
Nanex ~ 25-May-2012 On 18-May-2012, within seconds of the opening in Facebook, we noticed an exceptional occurrence: Nasdaq quotes had higher bid prices than ask prices. This is called a cross market and occurs frequently between two different exchanges, but practically never on the same exchange (the buyer just needs to match up with the seller,…
Why do bubbles sink in Guinness? Stout beers show the counter-intuitive phenomena of sinking bubbles while the beer is settling. Previous research suggests that this phenomena is due the small size of the bubbles in these beers and the presence of a circulatory current, directed downwards near the side of the wall and upwards in…
I wonder how many local investors have been caught the same way. I do know folks who decided it was a good thing to buy US property at $US0.65 despite advice to contrary because the spruiker who pushed the idea said currency fluctuations didn’t matter.
If you summoned up the worlds most powerful microscope you still would not be able to locate my level if interest in US tax policy – I have enough trouble getting excited about tax domestically. However, I was reading some stuff post the Facebook IPO which proved to be a bit of a squib when…
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