For some reason I get a copy of Your Trading Edge sent to me on a regular basis and generally after a quick scan to see how far people can drop into superstition and magical thinking it goes in the bin. Not this week because one article contains a by line so staggeringly ironic that…

As you would expect I keep a file of all world indices but I call this file a context file in that it has no information other than price and a few coloured lines. The reason I do this is simply to remove as much noise as possible and to get a sense of what…

A new academic study asks whether hedge funds make markets inefficient and the answer appears to be ‘no.’ “Hedge Fund Herding and Crowded Trades: The Apologists’ Evidence,” is the work of Blerina Bela Reca of the University of Toledo, Richard W. Sias, University of Arizona and Harry J. Turtle, Washington State University. The authors examined…

Maybe….maybe not.  Its probably more akin to pick pocketing with baseball bat – supposedly subtle and frictionless but actual a source of violence. More here

Just to widen everyone’s gaze. To steal from Mark Twain….reports of the death of trends have been greatly exaggerated.

Matt is back For those who missed the original I find these vids to be a contrast between what we could be versus what we are……

I occasionally peruse the Finalternatives website. Generally to find out who is going to jail and which hedge fund manager despite delivering sub par performance for the past decade has still managed to buy a $25,000,000 apartment I came across this headline whilst scanning it this morning – Thiel Launches Growth-Stage VC Firm I thought…

Here is a question – if the world is still going to hell in a hand basket why are my systems slowly moving me to the long side of the market. I have three equity index longs running at present. May last…may not.

So I trained at LB’s gym this morning and the conversation around us went something like this. Oh….did you feel the earthquake last night the terror…..It rattled my china ponies…I thought I was going to lose them all…..and then to come in here and its so cold, I dont know if I can stand 10…

I spotted this whilst having brekky this morning and thought it was worth a bit of analysis. It is a list of the worlds highest paid athletes which in itself is interesting from a voyeur’s perspective.- Forbes lists 100 athletes but I cut the list down to the top performers. The top performers are shown…