Economics
Courtesy of Joe P.
How Much Should We Trust Economics?
I was in the process of writing a piece on this very subject.As luck would have it someone has done a much better job.
Have You Ever Wondered Why Fund Managers Do So Badly?
If so here is your answer. I snipped this out of a conversation going on in the Mentor Program Alumni forum and as is my habit whenever someone makes a bold pronouncement regarding something like stops I like to dig a little deeper. On Baskin financials website they boast the following performance. At first glance…
DetailsGame Theory: Jane Austen Had It First
From the NYT – It’s not every day that someone stumbles upon a major new strategic thinker during family movie night. But that’s what happened to Michael Chwe, an associate professor of political science at the University of California, Los Angeles, when he sat down with his children some eight years ago to watch “Clueless,” the…
DetailsGlitch Part 3
For some reason and only for some posters the comments section is still rooted. Yet surprisingly it seems to be working for the spammers who hit the boards overnight.
The Range Bound Aussie
For traders there is something uniquely compelling about about a range bound market such as the AUD/USD. For the amateur they are akin to a sirens call telling that there are endless profits to be gained simply by buying and selling inside the range. For the professional they are clearly marked no go zones. From…
DetailsWhat Commodities Boom Would That Be?
Whilst my grasp of macro economics is about as good as Tony Abbotts grasp of evolution I do know that to have a mining boom you need two things and two thing only. Rising commodity prices and a booming customer. Everything is superfluous to the equation and can be discarded. This is the Shanghai Composite.…
DetailsThe Mind of Jeffrey Gundlach
To be honest i had never heard of this person but he seems to be vaguley interesting – its a pity the piece is not longer. Suddenly, he decided he wanted to be rich. It was the 80s, and in the 80s if you wanted to be rich, you were an investment banker. So he…
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