Archive for April, 2008
Chance this is the bottom? Zero.
Loan default rates have barely moved off of expansionary period levels, let alone typical typical defaults in a normal recession. Excellent article from Seeking Alpha can be read here.
Posted: April 23rd, 2008 under Asset Management.
Comments: none
Psychology
"If a betting game among a certain number of participants is played long enough, eventually one player will have all the money. If there is any skill involved, it will accelerate the process of concentrating all the stakes in a few hands. Something like this happens in the market. There is a persistent overall tendency [...]
Posted: April 18th, 2008 under Asset Management.
Comments: none
Testosterone May Drive Traders to Risks, Riches
April 14 (Bloomberg) — Traders who start the morning with high levels of the hormone testosterone, produced in the testes, will probably make more money that day, a study found. More If this is true, I'm in trouble
Posted: April 15th, 2008 under Uncategorized.
Comments: none
Tools versus Carpentry
Yesterday, I bought a router. I'm not sure what a router is, but I read in a magazine that every home workshop should have one. So I went to Home Depot and a "Certified Specialist" helped me pick out the best one. When I got home, I discovered that I really needed a jigsaw. Not [...]
Posted: April 14th, 2008 under Asset Management.
Comments: none
