September 2012

Math is a Foundation, Not an Edge

Did you watch the Olympics this summer?  I did a little bit.  And I’ll tell you something very important – no matter which athlete won gold, silver or bronze in each of the hundreds of events, every single one of them had the basic fundamentals of their sport down pat.  Thousands of hours and years…

Gundlach Robbed!

Some sonofabitch(es) broke into the Bond King’s home and stole $10 million worth of artwork. And he wants it back. Hopefully someone tips off the police, as those of us who follow the mighty DoubleLine know how important artwork is to Mr. Gundlach – his last presentation had a theme centered around a sculptor. Here’s…

The Double-Edged Sword of Über-Success

Ray Dalio, with the winship of his hedge fund Bridgewater, has acquired a mystique of mythic proportions over the last year or two.  And with this success, the assets under management have followed. And that unfortunate thing that happens with all managers who get really big, really quickly, has started to happen to him. Here’s…

China, PMIs, meh.

“Well, it was one of those days — not much to do. I was chillin downtown, with my old school crew.” – Slick Rick from Mona Lisa I don’t know, you seeing anything interesting out there today worth trading or discussing? I’m not. The one thing I’ll say is that it’s pretty surprising to see…