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I noticed this in the footnotes of this article – The Crisis of Big Science In his recent book, The Infinity Puzzle (Basic Books, 2011), Frank Close points out that a mistake of mine was in part responsible for the term “Higgs boson.” In my 1967 paper on the unification of weak and electromagnetic forces, I…
Step 1. How to deal with losses. Losing traders believe. Losses are a reflection of their self worth. For example if I originally had $10,000 in my trading account and that amount has degraded to $5,000 then as a losing trader I believe that my worth as a person has been halved. Losses are permanent…
IN THE BEGINNING, GOD CREATED DINOSAURS and humans, and they walked together in Texas. Need I say more about the emergence of a new dark age….. More here – only if you want to be depressed at how dim people can be. At least, according to many people in Glen Rose.
To the shock of most sentient beings, Facts died Wednesday, April 18, after a long battle for relevancy with the 24-hour news cycle, blogs and the Internet. Though few expected Facts to pull out of its years-long downward spiral, the official cause of death was from injuries suffered last week when Florida Republican Rep. Allen West…
Following on from yesterdays thread on Ronald Wayne who left $58 billion on the table when he bailed on the embryonic Apple I thought it would be good to look at a case where it would have been wise to take the money. In 2008 Microsoft offered $44 billion for Yahoo – this valued the…
I can across this piece in the NY Times technology section. Essentially it posits that Sony is rooted and by extension so is Japan in terms of its leadership in consumer technology. Some call outs that caught my eye – In fact, it is in a fight for its life — a development that exemplifies the…
A client called his broker inquiring about egg futures and is quoted a price of 25 cents per contract. Having a hunch about the egg market he buys 100 contracts. A week later he calls his broker to get a quote. Pleased to learn that the price of eggs has risen to 35 cents he…
I came across these 18 rules from the Dalai Lama Take into account that great love and great achievements involve great risk. When you lose, don’t lose the lesson. Follow the three Rs: Respect for self Respect for others Responsibility for all your actions. Remember that not getting what you want is sometimes a wonderful…
I was going through my archive looking for a piece for the current mentor program when I came across this little gem from the Eifuku Master Fund. By the way the name is not made up. This fund was run by a former employee of Lehmann Brothers in Tokyo. The letter speaks for itself. Memorandum…
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