Cars Trump Art As The Investment Of Choice
Two interesting snips from the Knight Frank Classic Car Edition
Detoxing is Bullshit
Scientifically speaking, “detoxing” isn’t a thing. Your body doesn’t retain so-called toxins ingested via food or drugs or plastic dishes, or breathed in through air. You don’t sweat them out at yoga, get rid of them via special massage, or purge them through colonics. As writer Dara Mohammadi put it in a scorching takedown of the dominant wellness watchword…
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Round Number Price Barriers in U.S. Stock Market
Abstract This paper examines the existence of round number price barriers in the U.S. stock market. I show that stock prices clusters around multiples of $10 as a result of the price barriers. The price barriers results in abnormal future return pattern; a long-short portfolio formed around the barrier held for a week produces 17…
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Ethical Investing
Lately my junk mail inbox has been inundated with bits and pieces regarding ethical investment. Every now and again it seems if the investing community goes on a bit of a tear and everybody plays follow the leader. Much of what I have been receiving is based upon a paper from last year – Foundations…
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Beating the Odds – Susquehanna International – Jeff Yass
Jeff Yass was always a little different from his peers — a brilliant young man taken with poker and horse racing and the power of rational decision-making. He’s used all of it to turn his company — Bala Cynwyd’s stealthy and mysterious Susquehanna International — into one of the world’s most lucrative and powerful financial…
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