The Museum of the City of New York is hosting a panel discussion to kick of their new exhibit about the history of financial business in NYC.  The truth is, Wall Street has no choice but to reinvent itself and there are no shortages of initiaves it can take to do so. I’ll be on…

U.S. investors added $4.82 to exchange-traded products last year for every $1 they deposited with mutual funds.

Video.

It is okay to admit when you don’t have an edge. It is okay to say that you simply have no idea what’s happening next. It is okay to sit out the possibility of an oversold bounce or a big snapback rally. It is okay to shut down the trading software and shut your mouth….

Video.

Links and stuff.

George Soros delivered this speech underscoring his reflexivity philosophy, laying out the case for Europe only having three months to live and excoriating the Germans.

Video.

Infographic.

“One approach to getting unstuck is the clean sheet of paper. Dictate that the speech before flight is going to change, that the menu will be redone, that the qualifications are going to start over, from zero.”