Neat graphic from Bloomberg on the relative value that CEO’s bring to financial organisations. It pretty much tracks a study I read in the 1980’s which stated quite bluntly that the worst performing companies have the highest paid executives.

I mentioned the other day that I had started reading Hedge Fund Wizards and I have to admit it is a little flat. Whislt, I am only part way through I have noticed a few things. Firstly, Schwager seems to have fallen into the hedge fund myth. The forward to the book gives the impression…

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Jack Schwager is interviewed by Micheal Martin about his new book Hedge Fund Wizards.

If you have ever wondered why this country is stuffed consider this little incident from the weekend. Yesterday was the mid point meeting of our Mentor Program, during the lunch break LB and I are busy doing stuff in the room and dont have time to go down to the restaurant for lunch. To fix…

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…

….other than I guess we have all had days like this….

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 –…