LATEST BLOGS

We Are All Doomed

Recently I struck a technical problem with one of the gizmo’s I owned so I fired up the old googlebox to see if I could find a solution in one of the various online forums. Not really being a denizen of forum’s it was somewhat of an education and not in a good way. If…

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We Are All Doomed

Recently I struck a technical problem with one of the gizmo’s I owned so I fired up the old googlebox to see if I could find a solution in one of the various online forums. Not really being a denizen of forum’s it was somewhat of an education and not in a good way. If…

Read more

Overconfident Gibbons

Interesting piece on the evolution of overconfidence Confidence is an essential ingredient of success in a wide range of domains ranging from job performance and mental health, to sports, business, and combat. Some authors have suggested that not just confidence but overconfidence-believing you are better than you are in reality-is advantageous because it serves to…

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We Are A Little Bit Scared……..Sortof

As the Yanks continue to argue as to how they are going to pay the rent I thought it was time to update my VIX/Dow comparison. The markets seem a little bit skitterish but they are not yet at the levels seen during other crisis events. I have posted both a weekly and daily chart…

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We Are A Little Bit Scared……..Sortof

As the Yanks continue to argue as to how they are going to pay the rent I thought it was time to update my VIX/Dow comparison. The markets seem a little bit skitterish but they are not yet at the levels seen during other crisis events. I have posted both a weekly and daily chart…

Read more

Overconfident Gibbons

Interesting piece on the evolution of overconfidence Confidence is an essential ingredient of success in a wide range of domains ranging from job performance and mental health, to sports, business, and combat. Some authors have suggested that not just confidence but overconfidence-believing you are better than you are in reality-is advantageous because it serves to…

Read more

Soros Exits

George Soros, the billionaire best known for breaking the Bank of England, is returning money to outside investors in his $25.5 billion firm, ending a career as hedge-fund manager that spanned more than four decades. Soros, who turns 81 next month, will hand back the money, less than $1 billion, by the end of the…

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Hedge Fund Basics

Hedge funds have become a hot topic over the past decade or so, as the number of funds has grown seemingly exponentially along with the increased media attention they’ve received. While most people have a basic understanding of what they are, many investors are not familiar with the underlying types of hedge funds and their…

Read more

Hedge Fund Basics

Hedge funds have become a hot topic over the past decade or so, as the number of funds has grown seemingly exponentially along with the increased media attention they’ve received. While most people have a basic understanding of what they are, many investors are not familiar with the underlying types of hedge funds and their…

Read more

Soros Exits

George Soros, the billionaire best known for breaking the Bank of England, is returning money to outside investors in his $25.5 billion firm, ending a career as hedge-fund manager that spanned more than four decades. Soros, who turns 81 next month, will hand back the money, less than $1 billion, by the end of the…

Read more

The Folly Of Prediction

Following on from this post – Freakanomics Radio has an hour long special on the pointlessness of predictions. It’s impossible to predict the future, but humans can’t help themselves. From the economy to the presidency to the Super Bowl, educated and intelligent people promise insight and repeatedly fail by wide margins. These mistakes and misses…

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