Bitcoin’s sudden rise has people thinking about the ludicrous heights that tulips achieved in the Netherlands in the 1630s. At the peak of that bubble, a single tulip bulb could cost more than ten times a craftsman’s annual salary. While some of these prices were “justified” by market forces—the rarest breeds were enviable luxury goods—the…
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The publishers claim that The Hobbit, though very unlike Alice, resembles it in being the work of a professor at play. A more important truth is that both belong to a very small class of books which have nothing in common save that each admits us to a world of its own—a world that seems to have…
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A good mate of mine Matthew Wilson produces a report known as the Yield Report which is a rundown on what is happening in fixed interest markets. If you trade this segment of the market or want to improve your knowledge of fixed interest trading then check it out here you can get a free trial…
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When trend following goes well it goes well, right up until the time it doesn’t….
I post this article for two reasons. The numbers involved are staggering and it is indicative of a structural change in the investment markets.
During the course of his career, Mr. Needham said in a speech at the Academy Awards in 2012, he broke 56 bones, including his back twice. He punctured a lung, had a shoulder replaced and knocked out several teeth. He invented several new stunt methods and devices — among them the introduction of air bags…
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