Tag Archives: Finance
Michael Lewis on CBS 60 Minutes: How the capitalism was almost destroyed by the capitalists in the Fall of 2008 – [VIDEO]
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Watch CBS News Videos Online
Part 2:
Watch CBS News Videos Online
Felix Salmon review of Michael Lewis’s book, “The Big Short”.
Peter Schiff on CNBC Fast Money – [VIDEO]
March 9, 2010
Ron Paul – March 11, 2010
Jim Rogers:
Max Keiser claims to have predicted the Lehman Brothers creative accounting thing.
MAX KEISER FOR PRESIDENT…!!!…
The Euro will fall to $1 within a year. – [PREDICTION]
A bunch of hedge funds are betting against the Euro.
Via Joe Weisenthal
A Note on the Impotence of the Efficient Market Hypothesis
No one who makes a living trading really cares about EMH, but I’m not sure why failure to predict under EMH is that surprising. Markets do more discounting than predicting. That’s part of the reason why stocks are volatile — the last data point tends to be extrapolated into perpetuity. It is [...]
The United States and the European governments will default on their debt, eventually — dixit Marc Faber. [PREDICTIONS]
Singapore is the safest.
2:15 into
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Via Joe Weisenthal
Patrick Young Spotting Of The Month — Monaco Edition
Capital Market Revolution, a decade later — by Patrick Young (InTrade co-founder)
In Monaco — February 4th, 2010
The people who know the most about finance are the people who work in it.
Which is why pseudonymed finance writers are needed.
Which industry is more detrimental to society — finance or gambling?
Felix Salmon (#):
Finance, at least in its virulent form of the past 20 years or so. Macau is in much better shape than Iceland, or Dubai. Millions of people genuinely believe they can and will get rich by day-trading stocks and options and whatnot; the ranks of professional gamblers are much smaller and much less [...]
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