Cool interactive graph, via Fortune
Don’t Follow Wealthy Investors, Part 14
We have counseled readers time and again not to follow in the footsteps of various Billionaires, like Warren Buffett, Michael Dell, Eddie...
How SubPrime Really Works
Since its a slow Friday before a 3 day weekend, let’s have some fun. As the credit market has gone into the crapper over the past...
Performance Review: Google vs. Micro-hoo
An anonymous friend from college points out an interesting aside: There has been lots of buzz about the battle royale between Microsoft,...
Bear Stearns Makes $1 Billion Bet on Subprime Market Decline
Talk about late to the party! Bear Stearns, which made a disasterous series of sub-prime bets, has found religion. They have now bet a...
Newsflash: Trading is Very Addictive
Not that this is news to anyone who trades, but: "A small group of scientists, including some psychologists, say they are starting...
Open Thread: How About That Fade . . . ?
Mr. Market got the 50 bps he wanted — and after a brief 250 point run up in the Dow, gave just about all of it back. The excuse du...
Conspiracy theory of the day
Here’s a job listed on Bloomberg for Delta 1 Traders — the exact same position Jérôme Kerviel held at SG. It was posted in...
Fed: We didn’t know about SocGen trades
As we suspected earlier today: The Federal Reserve was not aware that Societe Generale was unwinding trades in Europe on Monday that had...
Fed’s Folly: Fooled by Flawed Futures?
Was it a misunderstanding of their mandate, inexperience, or just plain hubris? Regardless, it took only 2 days to learn just how...