Quote of the Day: October 27th
?A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain,? said the American poet laureate, Robert Frost.
Entries by madhedgefundtrader@yahoo.com
Sold Out! Portland November 25th Strategy Luncheon
Come join me for lunch at the Mad Hedge Fund Trader?s Global Strategy Lunch, which I will be conducting in Portland, Oregon at 12:00 noon on Friday, November 25, 2011, the day after Thanksgiving. A three course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I?ll be giving
Winging My Way Back From China
I am writing TO you from my first class seat on Singapore Airlines, winging my way the 12 hours from Hong Kong to San Francisco. While most airlines jettisoned their first class sections years ago as a cost saving measure, Singapore carried on to maintain its reputation as the best airline in the world. The
Quote of the Day: October 26th
?Seek the truth, and let the chips fall where they may,? Said White House Correspondent, Helen Thomas, about her profession, adding ?I?m a cynic with hope.?
The New War on Hedge Fund Managers
Yang Yanming was slowly led from his cell by two burly uniformed guards in Beijing?s central prison to a waiting van in the courtyard guards, his hands cuffed behind him and his head bowed. Once in the vehicle, he was strapped to a gurney, hooked up to an IV, and given a highly concentrated injection
Tea With Secretary of State George Schultz
Having spent time as an economics professor at MIT, Dean of the University of Chicago business school, Treasury Secretary, and Secretary of State, George Schultz has certainly covered all the bases. Now 89, he is the senior statesman and eminence gris of San Francisco, as well as a major philanthropist. When I read his bio,
Quote of the Day: October 25th
?Freedom of the press is only true if you own a press,? said A.J. Liebling, a famed journalist for the New Yorker.
May 17, 2010 - The Real Cause of the 'Flash Crash'
Featured Trades: (SPX), (YCS), (TBT) 1) The Real Cause of the 'Flash Crash.' When I boarded my plane in San Francisco on Thursday morning, May 6, the Dow was down an uncomfortable, but tolerable 150 points. When I arrived in New York that night I was greeted with headlines screaming 'CRASH: DOW PLUNGES 1,000.' I
May 7, 2010 - There's a Massive Global Risk Reversal Going on
Featured Trades: (GLOBAL RISK REVERSAL) 1) There's a Massive Global Risk Reversal Going on. The Gulfstream is fueled up, the flight plan filed, and my pilot is carping about missing our IFR clearance slot, so I'll just quickly dash off a few words here before I take off for the Big Apple. They are
May 6, 2010 - Yesterday, the lemmings discovered the Law of Gravity
Featured Trades: (SPX), (BP) 1) Yesterday, the lemmings discovered the Law of Gravity,and the plaintive squeals of the dying mammals could be heard throughout the financial markets. European finance ministers must be depressed that their $140 billion bailout of Greece only bought them 24hours of grace in the eyes of investors. The European finance