If ever you have wondered why fund managers are so universally ordinary at their jobs – other than clinging to outmoded ideas such as the EMH and associated rationality concepts this might give you an idea. Do Fund Managers Identify and Share Profitable Ideas? Abstract We study data from an organization in which fund managers…

This is the relative performance of various commodities over the past month. Notice how silver has leapt ahead of the pack and crude is starting to really motor.

Whilst this article pertains to the situation in the US you can apply it locally. Just throw in a total lack of funding, ferocious brain drain a political landscape dominated by lawyers  who don’t have the intellectual capacity to understand 99% of science and engineering do and you have the situation in Australia. The Real…

Whilst this article pertains to the situation in the US you can apply it locally. Just throw in a total lack of funding, ferocious brain drain a political landscape dominated by lawyers  who don’t have the intellectual capacity to understand 99% of science and engineering do and you have the situation in Australia. The Real…

This is the relative performance of various commodities over the past month. Notice how silver has leapt ahead of the pack and crude is starting to really motor.  

We have recently started a new mentor program and the new crew are quietly beavering away at their tasks. During this process the question was raised of what to do when you you have a position where price gaps beyond your stop. The stop in this instance was not automated so no immediate action was…

I heard a snippet on the radio yesterday from some some economist who was supposedly an expert on the $A. This experts opinion was that it was all over for the $A and I wondered what that meant and I presumed he was referring to the fact that the $A is now apparently range trading…

I heard a snippet on the radio yesterday from some some economist who was supposedly an expert on the $A. This experts opinion was that it was all over for the $A and I wondered what that meant and I presumed he was referring to the fact that the $A is now apparently range trading…

We have recently started a new mentor program and the new crew are quietly beavering away at their tasks. During this process the question was raised of what to do when you you have a position where price gaps beyond your stop. The stop in this instance was not automated so no immediate action was…

Ok blogophytes pay attention time to make yourself a bit smarter. 3 Great Ways to watch the last space shuttle missions Anthropocene: Age of Man Apple just f***** over online music subs for the iPhone’ — Last.fm co-founder on Apple’s What really causes runners high Dumped drugs lead to resistant microbes

Some interesting developments in metals. Palladium – stopped out after three month run. The entire bullmarket in palladium has thus far lasted since August last year. No signal to go short yet. High Grade Copper – tipped out last session – took off at the same time as palladium. The initial part of this trend…

To call Michael Carroll a loser or any other name that might be deemed appropriate for someone who manages to blow $15mil is an easy thing to do but in many ways it is a simplistic judgement. Certainly reading the article gives a sense of someone completely out of control. However, this is not an…

This is an interesting way to solve a problem. I can think of a few people I would nuke and it would be a in a good cause.