Trader’s Narrative

Before you sign on with a proprietary trading firm, watch this video:

I love how the rest of the people there just ignore it and go on about their business. But maybe, just maybe, remote trading would be safer
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I’ve contacted the winner of my “Way of the Turtle” book giveaway (Kris) and made delivery arrangements. Hope they enjoy their copy as much as I enjoyed mine.
Thank you to all who entered with insightful comments

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Steinhardt’s inane blatherings in Barron’s magazine over the weekend about how hedge fund managers used to be motivated by more than just money, that is used to be about being a part of an “elite group that had mystery and excitement and élan”, reminded me of these commercials from Saturday Night Live:

If you’re interested in […]

Here’s a sneak peek at the summer blockbuster movie, Spider-Man 3:

Well, ok, its actually my precocious nephew. But he happens to be the world’s biggest Spider-Man fan (he has the pajamas to prove it). You have to admit, that is some pretty impressive wall-climbing skills.
He’s still working on shooting webbing from his wrist.

movie, spider […]

Wouldn’t you love to take all your losses and combine them to magically create a profit?
Parrondo’s Paradox says this is theoretically possible. According to Parrondo’s paradox, two games guaranteed to make a player lose all his money will generate a winning streak if played alternately.
In other words, alternate between listening to Jim Cramer and listening […]