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Friday, April 22, 2011

April 23, 2011 Linkfest

60 Minutes on Greg Mortenson, “Three Cups of Tea” and the Stories We Tell. Ugh, can we please leave already?

The Irony of Poverty. Warning: long dialogue about behavioural economics.

Dead Suit Walking

An homage to Munehisa Homma

21 comments:

  1. Thanks, Emmanuel117. I'll get to reading the links in a vew minutes.

    I just wanted to comment on Mannwich's comment yesterday on the link to Al Franken.

    Mannwich, you know Al Franken was partners with Tom Davis, a writing team for Sat Nite Live. There's rumors they contributed to the bassomatic commercial. If you haven't seen it, here the first part of it

    http://www.youtube.com/watch?v=0BQFv83QJ2Y

    And after this part ends, Dan drinks the mix, which of course Bass Ale left out.

    Anyway, after that, Al got elected to Congress.

    From one comedy show to another. Indicates there's just no allegiance anymore.

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  2. Or, that this was simply clevage, from one comedy show to another. Not sure, exactly which.

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  3. In addition to Emmanuel117's links above, here's another article (this time by an ex-IMF guy...I don't know howcum I'm suddenly intrigued by IMF guys' articles...) who is neither compli nor mentary on Ryan's plan or the S&P.

    He calls them something like "wimps". Of course he uses lots of sylables, like "weak analytics"

    http://economix.blogs.nytimes.com/2011/04/21/behind-the-s-p-warning-on-the-deficit/

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  4. Rock - Words that have more the 2 sylables are past my pay scale.

    Mutt

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  5. Busy weekend! hello everybody!

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  6. Happy Easter, everyone. I hope you enjoy your ham today.....

    http://www.ft.com/cms/s/0/af8db55c-65dc-11e0-baee-00144feab49a.html#axzz1JKuqYDqI

    I've been holding on to this like for a little while. After doing a little research on ETF's this weekend, I now have some fear that I didn't have before.

    I know Dss trades ETFs. I typically monitor sector ETFs (which are different from balanced ETFs in that they are sector specific, and a balanced ETF may be looking to maximize a return by investing across several sectors). I have had trouble finding sector ETFs for some sectors, probably because sector performance may be lackluster, and the sector ETF may lose its subscribers.

    Anyway, the link above describes how some ETFs may use derivatives to achieve their goals, such as tracking a particular sector. The link points out that ETFs that leverage using derivatives may become untradable during a market sell-off (as we approach topping patterns, this may be an appropriate thing to consider).

    I have traded VXX, which I know uses derivatives to match the VIX, which is a theoretical volatility indicator. These trades are quick in/quick out, and I haven't been caught yet, but it could happen.

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  7. And here's another article, but I haven't been able to validate the numbers:

    http://www.zerohedge.com/article/china-proposes-cut-two-thirds-its-3-trillion-usd-holdings

    But FT says that china holds about 900B of treasuries, so I'm not sure what that 3T number is, or where it comes from.

    http://www.ft.com/cms/s/0/f372a8dc-3930-11e0-97ca-00144feabdc0.html?ftcamp=rss

    There are some interesting comments to the ZH article.

    So how would you trade this?

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  8. And one last comment before I rest, Sara Palin was visiting Israel.

    http://www.telegraph.co.uk/news/worldnews/sarah-palin/8388592/Sarah-Palin-to-visit-Israel-to-boost-foreign-policy-experience.html

    As if those poor Jews haven't suffered enough.....

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  9. Happy Easter Rock! Happy Easter everyone!

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  10. Rock,

    Do barbequed ribs count as ham?

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  11. Rock - amazing how quickly Palin has left the spot-light. Amazing what a democratic revolution or two in the middle east can do. I wonder if she'll ever get back into the headlines like she used to be. Glen Beck as well.

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  12. how low can we go?

    Annualized growth rate expected to slip from 3.1% to 1.7% when government reports quarterly GDP. The culprits: crude-oil prices, bad weather and trade balances.

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  13. LOL Rock. I remember Franken on SNL and that skit as well. A classic.

    A VERY busy weekend for Mannwich. 43 miles in the saddle this morning. Now off for a quick 9 holes of golf but back later to write a short post for tomorrow. Happy Easter everyone!

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  14. @Emmy,

    Liked the "Homage to Munehisa Homma" article.



    ICan

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  15. Manny,

    I got my first ride of the season in, 13 miles, which was not too bad. Not in training for a century, like you.

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  16. Congratulations Denise!

    Huge wind storm here tonight - sand blowing everywhere, weird to see if snaking down the streets!

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  17. Thor,

    I will probably pay for it tomorrow, but I am happy to have gotten that far today. First ride since last October!

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  18. And a year ago I was in Louisiana, riding, just before the big oil spill. Hard to believe that was a year ago.

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  19. Good to hear, Denise! I've committed myself to riding more this year and get out and enjoy the outdoors more. I have a buddy here now who knows a ton of great routes here in the TC. I may even try and get and ride more in the colder weather going forward, maybe not too cold, but 30-35 or more, It's just a lot of fun to get out.

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  20. If you are riding 43 miles already you will not have a problem with the century.

    Riding in colder weather is fun as the technical clothing that is available now is wind stopping, and thermal. If you don't mind looking like a cross between a serial killer and a teddy bear you can keep warm.

    I ride down to 40 degrees but the snow/slush/ice keeps me from riding much past October. But I have ridden in every month of the year here because you will get the odd day or two when it warms up, as long as there is no snow. This winter my bike was in Michigan so I couldn't ride before today.

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  21. Singapore is unfriendly to bike riders.

    If you're caught riding on a street, you can be arrested, and your bike can be confiscated. There are a couple of parks that have paved trails for bikes, and there are some hills that can be used for mountain biking (most of the mountain bikes I've seen here have no shock absorbers, so I guess Singaporeans have derrieres of iron).

    But I've been thinking about getting a Harley and showing all these honda 125's what a *real* bike is.....Maybe I can help bring HOG back....

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