Blogs

Cognitive Dissonance's picture

In Chapter 4 we look at the concept of control and how fear is used to control us while we use fear to control ourselves. We learn we make reality fresh every day and we examine the dynamic of apathy. For those of us who come up short, we learn it’s not what you have but how you use it and we visit with the Nailman, who explains that there's no trying, just doing.

Reggie Middleton's picture

Yesterday, I sat through a conference sponsored by Andrew Schneider’s Hedgeco.net on starting and marketing hedge funds. As I sat through the various presentations focusing on transparency, performance results, etc., I though to myself, ” You know Reg, you probably rank in the top echelon of these guys in terms of absolute performance, and in terms of transparency you actually publish what you do on the web for all to see.

Leo Kolivakis's picture

The euro will be able to weather the sovereign debt crisis, the Chinese national pension fund chief said on Thursday, helping spark a sharp rebound in the European currency. The Chinese pension fund was looking to pour more money into foreign stocks and bonds as well as overseas private equity funds and unlisted firms. Get ready, another bubble is headed our way.

Reggie Middleton's picture

Isn't it funny how some of your biggest home runs are from positions that nearly EVERYBODY says will never work? GS was one of the most contrarian of contrarian moves and proves once again that math, truly forensic research and an objective perspective will continuously best the crowd following, “Goldman is too connected” huffing, “This is the best company on the Street” touting, Buffet position worshiping, momo chasing, “I just do what everybody else in the industry does” crowd.

Leo Kolivakis's picture

Third World America?

While fundamentals are improving, serious long-term structural issues remain. Nowhere is income inequality growing more rapidly than among the elderly. Third World America has arrived. And unfortunately, it's not only an American problem.