I am writing this report on the Eurostar Express train 300 feet under the English Channel, which is speeding its way from London to Paris at 200 miles per hour. Waking up in my suite on the Queen Mary 2 at the port of Southampton the other day, the first thing I noticed was that
You may not be the only renaissance man around today but you certainly must be the most unselfish. We vicariously live what you are living today and what you have experienced in the past through your wonderful prose. Oh, and by the, we also get paid (profits)!! John, go see my doctor in New York
?I used to tell lies. But I?ve given it up, because the field has become overrun with amateurs,? said the great American 19th century humorist, Mark Twain.
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Seminar, which I will be conducting high in the Apls in Zermatt, Switzerland at 2:00 PM on Friday, July 27, 2012. A PowerPoint presentation will be followed by an open discussion on the crucial issues facing investors today. Coffee, tea, and schnaps
It seems that it has become fashionable to bash America these days. As I run around the country giving my strategy luncheons, I hear a lament that has become all too familiar. America has peaked as a civilization, the story goes, and will follow the British, French, Roman, and even the Egyptian empires into the
?We?re all just one trade away from humility, Bud,? said a stockbroker in the classic film, Wall Street.
Back in the seventies and eighties, when inflation was soaring well into double digits, the markets were regularly punished by a band of gun slinging traders known as the ?bond vigilantes.? Hard asset prices were running amuck, and there was a laser like focus on the growth of the money supply. We have just witnessed
50 degrees, 26.68 minutes North, 022 degrees, 29.98 minutes East, or 1,000 nautical miles South of Iceland, heading 089 degrees. Four days of hearing foghorns is starting to get tiring. Captain Wells has been ducking many of his social responsibilities, feeling more secure in the bridge close to the radar. After a few days of
?Who knew the blockbuster this year would be a horror show,? said Tony Crescenzi, market strategist and portfolio manager at bond giant, PIMCO.
?Take 200 round trips to Australia, and you really start to rack up the miles,? said Tom Stoker, and automotive sales analyst who just surpassed 10 million frequent flier points on United Airlines. It makes my own 1 million miles seem puny by comparison.