Legalese

We have long grown use to legal statements that make absolutely no sense whatsoever or those interminable disclaimers at the end of every financial ad on the radio. At last someone has appeared with a sense of human.This is the standard disclaimer that Contango Oil & Gas Company (MCF) include with their  earnings reports –…

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Letter

Letter writing is a dying art form replaced by more mundane and functional forms of communication such as emailing and texting. Neither of which carry the emotional resonance of writing something to someone by hand. Below is a letter from Jackson Pollocks father to his young son     Dear Son Jack, Well it has…

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Who Would Have Thunk It?

Those looking into the collapse of MF Global reckon they have found 90% of the coin that mysteriously disappeared from clients  accounts. Dealbook…..“Investigators have determined what happened to nearly all of the customer money that disappeared from MF Global around the time of its bankruptcy last Oct. 31, but have not publicly disclosed their progress,…

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Hedge Fund Returns Again

The Practical Quant has an interesting breakdown of of the the performance of various styles of hedge fund investing. It has this interesting quote – While hedge funds have suffered through terrible years in the past, one gets the sense that investors are waking up to the fact that there just aren’t that many great trading…

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