….of Apple and the cult that grew up around it. To me computers are tools to get a job done – they are only a fashion statement for the sad. However, there is no denying the impact of Steve Jobs upon the popular psyche and his remarkable business acumen. In the outpouring of grief surrounding…

Interview with David Harding of Winton Capital.

Interview with David Harding of Winton Capital.

….of Apple and the cult that grew up around it. To me computers are tools to get a job done – they are only a fashion statement for the sad. However, there is no denying the impact of Steve Jobs upon the popular psyche and his remarkable business acumen. In the outpouring of grief surrounding…

This is the Russell 2000 which on Wednesday gained over 4% in 20 minutes.         I haven’t really heard an explanation for this other than it might have been a short squeeze. Although the spectre of HFT has raised its head. What this also demonstrates is the asymmetry of common sense possessed…

Michael Lewis has produced to of my favourite finance related books (Liars Poker and The Big Short) albeit decades apart. This profile piece from  New York magazine gives a bit of background to him.

Michael Lewis has produced to of my favourite finance related books (Liars Poker and The Big Short) albeit decades apart. This profile piece from  New York magazine gives a bit of background to him.

Excellent piece from the Washington Post on the failure of management in the cases of rogue traders. As history teaches us, there are no rogue traders; there are only rogue banks. Here’s a news flash: If you issue credit, your working assumption must be that there are unqualified people who will try to borrow money…