My Brain Made Me Do It
This is probably quite topical given the developments of the past few days. BRADLEY ALFORD, a money manager in Atlanta, just hit the panic button. No, really. Mr. Alford just hit the key on his computer that initiates the Wall Street equivalent of the nuclear option: Sell everything. He was acting on orders from two…
Not So Super
Every now and again you come across an article by accident that requires a detailed comment other than the usual simple dismissive. Over the weekend I came across the following article in The Age – parts of it cried out for comment. THE stockmarket rout has wiped an estimated $30 billion from Australian superannuation funds…
My Brain Made Me Do It
This is probably quite topical given the developments of the past few days. BRADLEY ALFORD, a money manager in Atlanta, just hit the panic button. No, really. Mr. Alford just hit the key on his computer that initiates the Wall Street equivalent of the nuclear option: Sell everything. He was acting on orders from two…
Not So Super
Every now and again you come across an article by accident that requires a detailed comment other than the usual simple dismissive. Over the weekend I came across the following article in The Age – parts of it cried out for comment. THE stockmarket rout has wiped an estimated $30 billion from Australian superannuation funds…
So What Now?
I got dropped this quote early this morning and asked to comment on it – • During a secular bear market, an investor’s job is to manage risk and preserve capital. • During a secular bull market, it is to maximize return. As a starting point I tend to agree with the overall tactical philosophy…
So What Now?
I got dropped this quote early this morning and asked to comment on it – • During a secular bear market, an investor’s job is to manage risk and preserve capital. • During a secular bull market, it is to maximize return. As a starting point I tend to agree with the overall tactical philosophy…
WTF Email Of The Week
Every so often I get a strange email – a lot of the time I have no friggen idea what people are asking but this one is intriguing because it seem to assume we have psychic powers. Hi, I have been trying to phone my broker company on 2 phone numbers to place an option…
Interesting…..But So What?
I am not certain what to make of this given the actual paucity of data regarding real estate and the outright dishonesty of many land rats. Its a nice looking chart and it may have some broad value but I am not certain what it is. Housing is not like trading where price discovery is…
Why We Buy New Highs
As I keep telling new mentorees – prices will move higher or lower than you can ever imagine. I have no idea why gold is going up – I am sure there is a nice story to it that someone could come up with but I don’t really care.
Why We Buy New Highs
As I keep telling new mentorees – prices will move higher or lower than you can ever imagine. I have no idea why gold is going up – I am sure there is a nice story to it that someone could come up with but I don’t really care.
Interesting…..But So What?
I am not certain what to make of this given the actual paucity of data regarding real estate and the outright dishonesty of many land rats. Its a nice looking chart and it may have some broad value but I am not certain what it is. Housing is not like trading where price discovery is…
WTF Email Of The Week
Every so often I get a strange email – a lot of the time I have no friggen idea what people are asking but this one is intriguing because it seem to assume we have psychic powers. Hi, I have been trying to phone my broker company on 2 phone numbers to place an option…
Its Hard To Retire When You Have More Money Than God
George Soros’ announcement Wednesday that he is returning outside money from his hedge fund and will continue to operate as a family office is yet another reminder of how hard and clumsy it is for a billionaire hedge fund manager to retire. Except on rare occasions, most successful hedge fund managers rarely seem to call…

