Is It Time To Invest In Europe?
I have no friggen idea and really don’t give a stuff but this little chat is interesting if only to see the ever entertaining Hugh Hendry in action (scroll through to his bits). I always get the impression that Hendry doesn’t take himself or anyone else that seriously. Interestingly, this gabfest was hosted by the…
Analysts Are Such Dicks
A tremendous collection of documents relating to the failed Lehman Brothers has been placed on line by the NY Fed. I am not entirely certain why they are online. The consensus seems to be that the winner of the day is a piece titled Bruised, Not Broken, Poised For Profitability which is a piece by…
Interesting Things From The Weekend
How Physics and Neuroscience Dictate Your “Free” Will Twenty Citizens’ Worth Of Blood Flowed Through Him: A Medic Confronts The Open Wounds Of Afghanistan Historic Photos From the NYC Municipal Archives
Spotted This Headline
Nasdaq-100 Has Biggest Advance in 2012 as Apple Jumps The Nasdaq-100 Index jumped 2.7 percent to 2,709.62 at 4 p.m. New York time. The Standard & Poor’s 500 Index added 1.4 percent to 1,390.69. The Dow Jones Industrial Averagerose 89.16 points, or 0.7 percent, to 13,090.72. Apple (AAPL) is not a member of the 30-stock gauge. About 6.8…
Money Power And Wall Street
The Yanks do some things well – this sort of PBS doco is one of them PS My first attempt to load it in Chrome didn’t go so well – I had better luck with Firefox.
That Equation Made Me Do It
I have written before about how those with the moral of a pox ridden alley cat had tried to blame the Black and Scholes equation for the GFC This very clever little graphic puts that notion to bed. Source – Quant
Fact Of The Day
Apple makes up more than 4% of the S&P500 and more than 18% of the Nasdaq 100
For Geeks Only
I noticed this in the footnotes of this article – The Crisis of Big Science In his recent book, The Infinity Puzzle (Basic Books, 2011), Frank Close points out that a mistake of mine was in part responsible for the term “Higgs boson.” In my 1967 paper on the unification of weak and electromagnetic forces, I…
What Do You Believe?
Step 1. How to deal with losses. Losing traders believe. Losses are a reflection of their self worth. For example if I originally had $10,000 in my trading account and that amount has degraded to $5,000 then as a losing trader I believe that my worth as a person has been halved. Losses are permanent…

