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    Goldman Sachs May Spin Off Proprietary Trading This Month

    Or its a nice way to privatize the public wealth of Goldman and I mean public wealth in two ways - the shareholders, and the governments. Obviously, the governments wealth is gone, long gone. But as for their stock, its entirely possible that offloading prop trading by banks is a snow job for...
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    Using demographics to predict asset markets

    Bill Gross at Pimco just had an article about it. I recall David Gerstenhaber at Argonaut Capital also had letter on the topic recently....
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    wanting to be right over making money?

    Give him some viagara. Sounds like performance anxiety to me.
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    The Cost of Losses--Options or stop losses-- which are better?

    If you think you have a defined edge with a specific price target in a certain situation (technical/fundamental or both), an option is better. Situations where the payoff is asymmetrical are good for options use but bad for trading the underlying because you can also loose big, i.e trading a...
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    London bankers snapping up rare book on inflation

    funny. how many of them are losing sleep at night while watching their inflation trades puke over and over again.
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    Where do wealth/growth actually come from?

    In most cases, wealth is a situation whereby money finds itself.
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    Systematic trend following

    Systematic means the risk management, trading signals, position size, etc are all testable, quantifiable, well defined rule-based strategies. There are people who overlay the basic technique with a macro overlay, or have discretionary inputs on the position size, entry/exit etc.... I suppose...
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    Highest expected volatility

    http://www.ivolatility.com/
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    How to disrupt Wall Street

    Wall Street is doing a pretty good job on its own cannibalizing itself. I wouldn't read too much into it or concentrate on reacting to it. Make your own logical trades and you can do well even if you've never set foot on Wall St.
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    20% CAGR Asset Class: Leveraged Treasury Notes

    Read "invisible hands" by Steven Drobny, it came out a few months ago. They interview one of the bigger hedge fund managers and he discusses investing in leveraged bonds to hedge your portfolio risks. He calls it something along the lines of a leveraged bond trade.
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    Hedge fund corners cocoa market????

    That trade... was finger licking good.....
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    UNBELIEVABLE!!!!Oil, gas leaking from cap on ruptured well

    It's late, and I don't really care about BP, but has Oprah talked about this mess yet? When its on Oprah, BP will be a buy.
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    TRADING CAREER vs POKER CAREER

    Theres a long long ongoing post about this topic at www.twoplustwo.com I suggest you go there to get some answers. In general, its very dangerous to compare a business that can generate a yield and an income to one that is highly random and connotated with things like losing, gambling...
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    Final Round Hedge Fund Interview Question

    I picked up a copy of "financial shenanigans" 3rd edition the other day, and low and behold - PG. 220-224 discusses a peculiar accounting trick that Netflix uses to record the purchasing of inventory and how it is in contradiction to the statement of cash flows.... take a look, the book is...
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    backtesting is stupid

    backtesting puts soap in your mouth so that you'll stop swearing everytime you trade...
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    Would you fund a trader to help him out?

    I'm sure someone will fund your account. I love the part in Market Wizards where the one trader gives the other guy a tip, and the guy puts his life savings in this one option series... He loses everything, and the trader gives the losing trader all the money the trader had lost on the...
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    Now job seekers has to pay appication and background check fees

    There was an incident in Canada a few months back. A friend of mine was telling me how things were looking great for his job application for a $26.00 an / hr plus benefits to be a sign maker for the Ontario ministry of transportation (cushy government job here, possibly for life). The job...
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    65 million flats in China are vacant

    thanks richard - i got a translation from babelfish that says they found this out by comparing the number of people not receiving power to these homes... (65 million I think it was) The rest of it is not so clear - a suggestion that the supply of these homes is being withheld to the Market by...
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    Experience selling a trading program

    Does it go long and short? :)
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    How this casino hedge its risk?

    I'm no expert but its like position sizing... you take a sufficient number of bets to neutralize your risk from both bettors.... say you take 24% more bets from the Netherlands than Spain for starts.... Once the bets start to go too far in one countries favor, they lower the odds...
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