August 31, 2010 –
Just for fun I’ve looked at my long forgotten marketocracy account which was started at the end of Oct. 2008, after the Lehman crash when there was massive panic in the market. I didn’t touch it since then, The fund is currently up about 25% since that time. [more]
August 27, 2010 –
Just saw that HP increased their bid for 3Par to $30. This is crazy; these people don’t know where to stop. [more]
August 26, 2010 –
I've been foolowing the law suit of Bloomberg vs. FED, suing for the release of details of the financial bailout. [more]
August 10, 2010 –
Being in the business of fixing and building things, I am pretty methodical in what I do. If you need to fix something, you first need to understand what broke and why. So, I find it very interesting that there are mountains of work on symptoms of a recession (decline in gdp, slowing business cycle) and even more on how to deal with a recession, but very little on what REALLY causes recessions and what types of recessions there are. Some say the current recession is different because it is a balance sheet recession. I agree, but I don’t remember hearing anything on this subject, or what other types of recessions there are in the macroeconomics class. All I remember from the class is that an economy is cyclical and recessions are natural temporary slowdowns. And now the same professors are trying to deal with this recession? [more]
August 09, 2010 –
If you aspire to do anything or be anything in the stock market, this article on the mechanics of QE is simply a must read. [more]