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  1. O

    When People Ask "What do you do for a living" What say you?

    IT (Systems Consultant/ Developer) for financial trading systems.
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    How Smart R U?

    How could you possibly get just 1? World record!
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    How Smart R U?

    123 125 lol
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    Dinner with Goldman Sachs cost him $34 million

    Then why did he accept the price 51.04? " In April 2013, Oei says, Goldman Sachs bankers in Asia persuaded him to enter into a trade betting that the Brazilian real would rise against the Japanese yen." A poor forecast anyway! http://finance.yahoo.com/q/bc?s=BRLJPY=X&t=1y&l=on&z=l&q=l&c=
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    Dinner with Goldman Sachs cost him $34 million

    " If a banker were ever to come to my house to persuade me to trade, I would understand that the cost of his time and his bonus would have to come out of my winnings (if any). If a banker sat down with me and assured me that the Brazilian real was guaranteed to rise against the Japanese yen, I...
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    Managing money for family and friends?

    " Lisa Ho sues former friend for $850,000 http://www.afr.com/p/national/lisa_ho_sues_former_friend_for_rT3gF9kw3KWFlimmWJTerI Lisa Ho is suing Hamish McLaren after he allegedly failed to return the $850,000 she invested Embattled fashion guru Lisa Ho has hit another financial snag...
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    Sandwich Artist comes close to solving age old math problem

    " “It’s the sort of thing where people like me slap their foreheads and say, ‘We could have done this seven years ago if we hadn’t been so sure we couldn’t do it!’” " Seems talking about trading strategies - LOL
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    World's biggest gambler

    " http://www.worlds-greatest-gamblers.com/ http://www.smh.com.au/articles/2009/08/14/1249756405619.html?page=fullpage#contentSwap1 Earlier this week, however, Z made a rare visit to newsprint. Street Talk in The Australian Financial Review reported that the sale of Tote Tasmania "is...
  9. O

    Larry Summers On Why "Stagnation Might Be The New Normal"... And Bubbles

    " http://www.zerohedge.com/news/2013-12-16/larry-summers-why-stagnation-might-prove-be-new-normal-and-bubbles Larry Summers On Why "Stagnation Might Be The New Normal"... And Bubbles Larry Summers, who was nearly picked by Obama as the next Fed Chairman before for some inexplicable...
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    Meet The Restaurant With The Five-Year Waiting List

    http://www.theguardian.com/commentisfree/2011/nov/18/economics-keynes-schumacher " Economics is lost – it must rediscover life's values Current economists' blind belief in the markets is a worrying departure from the values of Keynes and Schumacher Share Tweet this...
  11. O

    Meet The Restaurant With The Five-Year Waiting List

    http://maaw.info/ArticleSummaries/ArtSumDeming93.htm Deming, W. E. 1993. The New Economics For Industry, Government & Education. Cambridge: Massachusetts Institute of Technology Center for Advanced Engineering Study.
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    Meet The Restaurant With The Five-Year Waiting List

    http://en.wikipedia.org/wiki/Small_Is_Beautiful " The most striking thing about modern industry is that it requires so much and accomplishes so little. Modern industry seems to be inefficient to a degree that surpasses one's ordinary powers of imagination. Its inefficiency therefore remains...
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    Meet The Restaurant With The Five-Year Waiting List

    How many minor manufacturers in the US making cars, currently or after next year? The US car makers cannot compete again Chinese car makers does not have to scrap all the cars manufacturing locally and their excellent knowledge/ skills! How about Germany (a relatively smaller economy...
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    Meet The Restaurant With The Five-Year Waiting List

    http://www.zerohedge.com/news/2013-12-14/meet-restaurant-five-year-waiting-list " Here's a thought: take your passion for your job (if of course there is one) and do what Baehrel did - start a venture, open up a business, provide something new, original, fresh, and you too can attain the...
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    Trader Vic:Hyperinflation is definitely coming

    Think you may ask the original writer here http://www.zerohedge.com/news/2013-12-06/just-two-charts .
  16. O

    Trader Vic:Hyperinflation is definitely coming

    http://www.zerohedge.com/news/2013-...just-two-charts S&P 500 nominal price +15% from previous peak... (Yr 2007 vs Yr 2013) vs EBITDA -7% from previous peak... (Yr 2007 vs Yr 2013)
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    Trader Vic:Hyperinflation is definitely coming

    Nope, No Bubbles Anywhere? http://www.zerohedge.com/news/2013-12-13/nope-no-bubbles-anywhere
  18. O

    Persona non Grata

    http://www.wdm.org.uk/food-speculation
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    Persona non Grata

    Seems she was quite right! Obviously "Buy and sell commodities" is speculation. Q Swiss to vote on ban for speculation in agricultural commods Tue Oct 1, 2013 1:14pm EDT http://www.reuters.com/article/2013/10/01/switzerland-commodities-speculation-idUSL5N0HN2DH20131001 GENEVA...
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    Just Two Charts

    Charts, Charts, Charts, ... 1. Just Two Charts "Earnings" matter... until they don't. What's wrong with these two charts? EBITDA -7% from previous peak... (Yr 2007 vs Yr 2013) S&P 500 nominal price +15% from previous peak... (Yr 2007 vs Yr 2013) Still think stocks are "cheap"...
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