Thank you for the call I received from your staff the other day, but I?m afraid I?m not going to be able to renew my subscription to the Mad Hedge Fund Trader.
There?s nothing I?d like to do more than renew. I truly enjoy your insights on the markets and a description of your many travels. I have been following you for years and it is really a great deal.
However, I am active duty Air Force and recently got a command job. That means I have to go off to the Air War College. I know you didn?t get that far in your service, but consider yourself lucky. I have to read 100 pages a day, and it is a major commitment of time. So I can?t give you the time you deserve.
I hope to re up at a later date.
Charlie Lieutenant Colonel US Air Force Dell Rio, Texas
Note from John Thomas: Thank you for your service Charlie.
John Thomas Flying a 1943 Boeing B-17 Bomber Flying Fortress
https://www.madhedgefundtrader.com/wp-content/uploads/2014/09/John-Thomas-Bomber.jpg255402Mad Hedge Fund Traderhttps://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.pngMad Hedge Fund Trader2016-08-08 01:06:192016-08-08 01:06:19Testimonial
The original purpose of this letter was to build a database of ideas to draw on in the management of my hedge fund.
When a certain trade comes into play, I merely type in the symbol, name, currency, or commodity into the search box, and the entire fundamental argument in favor of that position pops up.
You can do the same. Just type anything into the search box with the little magnifying glass found on the Member's Home Page in the upper right hand side, and a cornucopia of data, charts, and opinions will appear.
You can also search by date or topic using the boxes on the bottom of the right hand column.
The data base goes back to February, 2008, totaling 8 million words, or 13 times the length of Tolstoy?s War and Peace. Watching the traffic over time, I can tell you how the database is being used:
1) Small hedge funds want to see what the large hedge funds are doing.
2) Large hedge funds look to see what they have missed, which is usually nothing.
3) Midwestern advisors to find out what is happening in New York and Chicago.
4) American investors to find out if there are any opportunities overseas (there always are).
5) Foreign investors to find out what the hell is happening in the US (about 1,000 inquiries a day come in through Google?s translation software).
6) Specialist traders in stocks, bonds, currencies, commodities, and precious metals looking for cross market insights which will give them a trading advantage with their own book.
7) High net worth individuals managing their own portfolios so they don?t get screwed on management fees.
8) Low net worth individuals, students, and the military looking to expand their knowledge of financial markets (lots of free online time in the Navy).
9) People at the Treasury and the Fed trying to find out what the private sector is doing.
10) Staff at the SEC and the CFTC to see if there is anything new they should be regulating.
11) More staff at the Congress and the Senate looking for new hot button issues to distort and obfuscate.
12) Yet, even more staff in Obama?s office gauging his popularity and the reception of his policies.
13) As far as I know, no justices on the Supreme Court read my letter. They?re all closet indexers.
14) Prospective subscribers attempting to ascertain if I have the slightest idea of what I am talking about.
15) Me trying to remember trades which I recommended long ago.
16) Me looking for trades that worked so I can say ?I told you so.?
It?s there, it?s free, so please use it.
https://www.madhedgefundtrader.com/wp-content/uploads/2015/12/Woman-Slapping-Head.jpg384326Mad Hedge Fund Traderhttps://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.pngMad Hedge Fund Trader2016-08-05 01:06:182016-08-05 01:06:18Please Use My Free Searchable Data Base
?They say when you get old, you become wise. The truth is that when you get old, all the people who know you are stupid are dead,? said the late comedian, Joan Rivers.
https://www.madhedgefundtrader.com/wp-content/uploads/2014/09/Joan-Rivers.jpg285229Mad Hedge Fund Traderhttps://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.pngMad Hedge Fund Trader2016-08-05 01:05:192016-08-05 01:05:19August 5, 2016 - Quote of the Day
Whenever the world undergoes an unusual amount of turmoil, as has taken place in recent months, I know there is one source that I can go to to make sense of it all.
That would be New York Times columnist Tom Friedman.
The peripatetic writer is completing the final touches on his latest book due out in November, ?Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations?.
Described as a field guide to the 21st century, the book will seek to get a handle on the implications of simultaneous hyper accelerating technologies, and what they mean for us.
Tom chose this title because he dreamed it up while awaiting ever late meetings with Washington DC politicians.
Tom says we live in a hockey stick world. Technology, climate change, and Moore?s Law are all wreaking havoc on our understanding of everything. As a result, the world is changing beyond all recognition faster than we can comprehend.
During the Cold War, cash flows from the US and the old Soviet Union artificially propped up weak states.
Now that we are in a new unipolar world, that money is gone. The outcome is the failed state, Al Qaida, and ISIS, and the transition of the international scene from order to disorder.
Domestically, our politics were driven for nearly a century by Roosevelt?s New Deal and the Cold War. Today, the three hockey sticks are the main factors.
Political parties that fail to recognize this will blow up. Only resilient parties will adapt and survive.
The ?cloud? is misnamed. What is happening is an immense release of energy that is instantly turning over beliefs that stood fast for eons.
Look at how fast gay rights in Ireland went national, and the speed with which the confederate flag was removed from Southern US statehouses.
Conflicts that simmered for centuries are rapidly turning violent. In the Middle East a battle over a shrinking pie in the form of falling oil revenues has heightened the Iran-Saudi, Shiite-Sunni conflict.
A world moving from order to disorder is spawning mass migration. Kids in Syria have not been to school for five years, due to a never ending Civil War.
The US economy is spinning off new jobs at an incredible pace, but they all require constant learning and relearning.
If you can?t do this, they are the wrong jobs, and you don?t fit into the new economy. Being average no longer cuts it anymore. Enter the angry white men and polarization.
A parallel explosion of economic interdependency is creating vast new riches, but back breaking debts as well.
The biggest threat to humanity is the growing power of one.
Tom and I date back to the old days in Beirut during their vicious civil war in the early eighties, when working as a journalist meant not knowing if you would wake up the next morning.
He worked for the old United Press International, and I for the still prospering Economist.
Our mutual friend, the Associated Press?s Terry Anderson, the best man at my wedding, was kidnapped out of his apartment and held hostage by Shiite Hezbollah militants for five years, an ordeal he described in chilling detail in his book, Den of Lions.
Tom popularized the concepts of globalization and a flat world in a series of groundbreaking, best selling books, including The Lexus and the Olive Tree, Hot, Flat, and Crowded, and That Used To Be Us.
To read my previous interview with Tom Friedman, please click here.?
Two Old Warhorses
https://www.madhedgefundtrader.com/wp-content/uploads/2013/06/John-Thomas-with-Tom-Freidman.jpg455303DougDhttps://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.pngDougD2016-08-04 01:08:302016-08-04 01:08:30Catching Up With The New York Times? Tom Friedman
I am a BIG fan of yours and have rejoined your Trade Alert Service for another year. You have friends around the world you have yet to meet. Enclosed is a token of my appreciation.
Thanks a 100 trillion!
Bob Vancouver, Canada
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"In a connected world, the worst thing you can do is disconnect,? said Tom Friedman, a columnist for the New York Times.
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