The Latest

  • The Anticipation and the Reality of Correction Shrinkology
    Posted by on April 7th, 2012 at 11:21 am, Comments: 0

    I do not know which to prefer, The beauty of inflections Or the beauty of innuendoes, The blackbird whistling Or just after. – Wallace Stevens [...]

  • Some Time Perspective via Todd Elias at Quarter’s End
    Posted by on April 1st, 2012 at 8:33 am, Comments: 0

    The weekends are a great time to back up the lens and gather some perspective especially at the end of a quarter. Last night on [...]

  • Young Traders: This Is How You Handle a Loss Like Groupon
    Posted by on March 31st, 2012 at 10:03 am, Comments: 0

    Browsing the Groupon stream this morning, I came across @RaginCajun’s essential post entitled Bad Beat in which he lays out his thinking and action around [...]

  • Doug Kass and the Housing Recovery
    Posted by on March 30th, 2012 at 7:28 am, Comments: 0

    Doug Kass has been following the housing market for longer than most of you reading this have been alive. His first job on the street [...]

  • Trading Biotechnology News Is Gambling Even If You Are Married to a World Renowned Pediatric Pulmonologist
    Posted by on March 29th, 2012 at 4:13 pm, Comments: 0

    I am watching the action in $VVUS this afternoon and it is staggering. I first took note of it around 2:40PM when it became a [...]

  • Sublime Noise and the Goldman Op Ed
    Posted by on March 15th, 2012 at 9:28 am, Comments: 0

    …noise is what makes our observations imperfect. – Fischer Black News Flash: Bankers are pigs. That’s a riot. Here’s another one…. birds fly… Yesterday’s NYT [...]

  • Amid the Angst, Great American Brands Flourish
    Posted by on March 11th, 2012 at 10:09 am, Comments: 0

    We are all just looking for the next big thing to worry about. We’ve finally had our Greek credit event (love that euphemism “event”). It was [...]

  • General Mills: People Will Always Eat Cheerios
    Posted by on March 7th, 2012 at 7:13 pm, Comments: 0

    My 5 year old loves the charts and can recognize trends.  The beauties are not hard to spot. He is a permabull too which I [...]

  • Jeremy Lin and the Noise Trader Arbitrage
    Posted by on March 6th, 2012 at 7:12 am, Comments: 0

    Traders trade against the expectations of others and, especially over shorter periods of time, future value matters less than what others are willing to bid. [...]