This is a list of the currency currency conflicts floating around the international markets compiled by Paul Mason of the BBC. China versus the USA: in which the US wants China to allow the RMB to rise against the dollar, weakening China’s competitiveness by raising the price of Chinese exports. There is the USA versus…

This is a list of the currency currency conflicts floating around the international markets compiled by Paul Mason of the BBC. China versus the USA: in which the US wants China to allow the RMB to rise against the dollar, weakening China’s competitiveness by raising the price of Chinese exports. There is the USA versus…

I am regularly send odds and sods by various peanuts (usually economists) telling me what the market should and shouldn’t be doing. Unfortunately, they are making a fundamental flaw – the stockmarket is not the economy. The stockmarket is a pricing mechanism based upon the aspirations and perceptions of populations and these populations are not…

Once upon a time the Korean martial of Tae Kwon Do was my chosen activity – it is an activity I first took up when I was 12 and stayed with for a decade. So it is no wonder I found this video somewhat endearing – Little blokes going at it Unfortunately, it encapsulates the…

Interview with Steve Cohen of SAC Capital. Since inception in 1992 SAC has only had one down year and averages 27.1% return.

Interview with Steve Cohen of SAC Capital. Since inception in 1992 SAC has only had one down year and averages 27.1% return.

Egypts 2000 years of growth compared to China.

Egypts 2000 years of growth compared to China.  

Within the mentor program Reminiscences of a Stock Operator is compulsory reading. I have the newer annotated version on my desk where it lives. One fot he things that reading older books a bout trading highlights is that there is nothing new under the sun. I know everyone likes to think they have discovered something…

The notion of a fraud as large as that perpetrated by Bernie Madoff intrigues me and offers a   lesson for traders.  Madoffs great sales hook was that his form offer very high returns – there is nothing unusual about this but what was unusual about Madoff is that he made this offer with a…

The notion of a fraud as large as that perpetrated by Bernie Madoff intrigues me and offers a   lesson for traders.  Madoffs great sales hook was that his form offer very high returns – there is nothing unusual about this but what was unusual about Madoff is that he made this offer with a…

Within the mentor program Reminiscences of a Stock Operator is compulsory reading. I have the newer annotated version on my desk where it lives. One fot he things that reading older books a bout trading highlights is that there is nothing new under the sun. I know everyone likes to think they have discovered something…