This is worth a chuckle: [more]
Man I know I feel better now: [more]
As in this dude is: [more]
Here is an interesting article that was put out on Yahoo! today:
A look at the battle of man versus machine. With all of the talk of the Flash Crash and then the little Nucor snafu, it seems pertinent. I personally believe that a strict quant view is ultimately doomed for failure and looking at qualitative aspects will always be the key to finding great businesses, i.e. great investments.
Olstein, like other veteran managers we interviewed, concedes the markets have become considerably more volatile. But they all believe they will be among the survivors because, in the end, fundamentals always trump volatility.
"I will be standing," Olstein says, "And these quick traders and these machine traders- everybody who's got the new perfect way to behave, they're in trouble."
What do you Fools think?
I was reading this and the number just makes me dizzy: [more]