Bert Poe is one of those cool old blokes

Okay, so I am busy cooking and channel surfing which is about the limit of my multi tasking abilities and the range of my remote when I stumble across a  of a show called Options Action on CNBC. Excellent I think I could do with a laugh so I stop and watch for a bit…..it…

It paid to be a top-performing hedge fund manager in 2011—very, very well for the some of the biggest names in the industry, in fact. Bridgewater Associates founder Ray Dalio was named the highest-paid hedge fund manager of the year by Forbesmagazine’s annual list of the 40 best-paid hedgies, which estimates that Dalio earned $3 billion…

….at how some people manage to blow through staggering amounts of money and have nothing to show for it.

So its not perfect buts pretty friggen clever

It was the best of times, it was the worst of times

A TEDTalk from the future as envisioned by Prometheus director Ridley Scott

Came across this vid on the google box. I love the fact that it has a disclaimer at the beginning that it was performed by trained professionals as opposed to a few blokes emboldened by beer armour who just thought they would have a go.

Over the weekend I revisited this article from The Guardian It was the holy grail of investors. The Black-Scholes equation, brainchild of economists Fischer Black and Myron Scholes, provided a rational way to price a financial contract when it still had time to run. It was like buying or selling a bet on a horse, halfway…