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Hall of fame athletes in every sport have bad seasons here and there, and so do legendary hedge fund managers. Fortune Magazine put’s Ray Dalio’s tough 2012 in perspective while noting that the firm rakes in about $2 billion in fees per year while managing its $140 billion in AUM: Dalio had a lousy 2012….

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“Mahaney joined the gang of Italian Dave, the famed sneak thief and fagin, whose group of street urchins and pickpockets were among the notorious thieves of the Five Points. Italian Dave had between 30-40 youths, between the ages of 9 and 15, whom he housed in a Paradise Square tenement building. It was here that…

Jill Konrath’s got a great blog for salespeople that always has fresh ideas and content on it. She spoke with the author of a new book about Warren Buffett’s dealmaking skills, Tom Searcy. In particular, I liked this bit about how Warren knows a good deal when he’s making one: *** JILL: Good analogy. When we…

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This morning I opened up my hometown paper, Newsday, to see that the S&P’s breaking above 1500 was the story on page 2. If and when the Dow breaks its old record high above 14,000, that will not be on page 2, it will be on the cover. Not just of Newsday but of every…

I can see for miles and miles, and a few years from now all of the online brokerage firms are going to be offering retail frequent traders the ability to build, backtest and employ their own trading algorithms.  In an article two years ago I foresaw this, see ‘Where Are the Customers’ Bots?‘ at the…

Just so you know, tonight this Breaking News Alert went to every email box in the country signed up for such alerts with the New York Times: BREAKING NEWS Friday, January 25, 2013 4:06 PM EST S. &. P. 500 Closes Above 1,500 After millions of people all but abandoned the market following the 2008…