Its Friday
Courtesy of a mate of mine
DetailsApparently Undergraduate Finance Students Believe in ESP
This explains a lot about many of the people I have met…. Fourth-year finance students in Barcelona have no clue about the independence of coin tossing events. FYF students like to play mind games with their professors. FYF students believe in telekinesis. FYF students believe in supernatural forecasting abilities. (N.B. This would explain much Wall…
DetailsAnalysts
Wall Street relies on “stock analysts.” These are people who do research on companies and then, no matter what they find, even if the company has burned to the ground, enthusiastically recommend that investors buy the stock. They are just a bunch of cockeyed optimists, those stock analysts. When the Titanic was in its death…
DetailsIts Friday
A blokes version….
Hedge Funds Can Now Advertise To The General Public
I have two contenders today for the stupidest regulatory idea of the day and the stupidest quote of the year. The stupidest regulatory idea is undoubtedly allowing hedge funds to advertise to the general public and the far and away club house leader for stupidest quote of the day is from Bob Rice the managing…
DetailsQOTD
QOTD actually more like paragraph of the day and comes from a strength and conditioning site – When setting goals, keep your goal specific to yourself and a select few. Keep your goal general to all others. In other words, if your goal is to bench 400 pounds, keep that as a marker in your…
DetailsI Imagined We Are Supposed To Be Surprised
There are two reasons not to listen to anything the finance media says. The first is that they have no idea what they are talking about (see earlier piece on gold predictions) The second reason can be found below. Charles Payne, a contributor and frequent guest host for Fox News and Fox Business, was compensated…
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