LATEST BLOGS

China

This chart of the Shanghai Composite interests me. If we accept that markets are forward pricing mechanisms then this presents an interesting picture of the true internal dynamics of the Chinese economy. As opposed to the state sponsored data shows this chart by derivation an economy that is actually slowing not expanding. The Shanghai Composite…

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WTF??

This is Goldmans view on the Euro – if someone can understand it can they please tell the rest of us – 1. Risk Correlations: In recent days we had become more preoccupied with potential risks to our tactical trading recommendations. We published a daily on the persistent Dollar correlations with risk assets and on…

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Delusions…..again

I have written before about the nature of delusions and how permanent they seem to be in those that suffer them. Every time I come across something to do with such behaviour it reinforces in me that irrationality is the default state for humans and that there is not a lot that can really be…

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Delusions…..again

I have written before about the nature of delusions and how permanent they seem to be in those that suffer them. Every time I come across something to do with such behaviour it reinforces in me that irrationality is the default state for humans and that there is not a lot that can really be…

Read more

WTF??

This is Goldmans view on the Euro – if someone can understand it can they please tell the rest of us – 1. Risk Correlations: In recent days we had become more preoccupied with potential risks to our tactical trading recommendations. We published a daily on the persistent Dollar correlations with risk assets and on…

Read more

Is The Market Rigged? Survey Says … ‘Yes!’

I say who gives a shit – this is the sort of irrelevancy that amateurs who fail constantly and conspiracy nuts look to as justification for their loserness (I just invented a word) A key feature among successful traders is that they accept that the market will tell them everything they need to know and…

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Make Yourself Smarter Time

Okay blogophytes time to extend the grey matter again • The Cognitive Cost of Doing Things (Lifehacker) • Secret Stealthy Helicopters Used in OBL Attack (NYT) • Einstein was right. Again. (NASA) • Woody Allen on Inspiration (The Browser)  

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Make Yourself Smarter Time

Okay blogophytes time to extend the grey matter again • The Cognitive Cost of Doing Things (Lifehacker) • Secret Stealthy Helicopters Used in OBL Attack (NYT) • Einstein was right. Again. (NASA) • Woody Allen on Inspiration (The Browser)

Read more

Is The Market Rigged? Survey Says … ‘Yes!’

I say who gives a shit – this is the sort of irrelevancy that amateurs who fail constantly and conspiracy nuts look to as justification for their loserness (I just invented a word) A key feature among successful traders is that they accept that the market will tell them everything they need to know and…

Read more

Game Theory

Excellent chat with game theorist Ariel Rubinstein. Ariel Rubinstein of Tel Aviv University and New York University talks with EconTalk host Russ Roberts about the state of game theory and behavioral economics, two of the most influential areas of economics in recent years. Drawing on his Afterword for the 60th anniversary edition of Von Neumann…

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Game Theory

Excellent chat with game theorist Ariel Rubinstein. Ariel Rubinstein of Tel Aviv University and New York University talks with EconTalk host Russ Roberts about the state of game theory and behavioral economics, two of the most influential areas of economics in recent years. Drawing on his Afterword for the 60th anniversary edition of Von Neumann…

Read more