"Can't repeat the past" Why of course you can!"

Our outlook: The current political headlines about the budget impasse and Government shutdown we just maneuvered reminds us of 2011 and the famous line from The Great Gatsby when he was reminded that…


Two videos of two incredible hedge fund legends

One of the foremost mathematicians of our time and the father of quants James Simons - Mathematics, Common Sense, and Good Luck: My Life and Careers Simons has about 9,000 views on YouTube The other…


Calendar notes October 21st

Calendar opportunities Week of October 21 There has been a lack of Government data due to the partial shutdown so economic data will be intensely scrutinized, then out of hand dismissed as being…


Fiscal Crisis Leaves Stocks in a Sweet Spot - MoneyBeat - WSJ

I agree, one reason we are fully invested. By E.S. BROWNING CONNECT Associated Press The Washington mess of the past few weeks was ugly and disruptive for financial markets. It could do more damage…


‘Steve Jobs patent’ upheld by USPTO, ‘massive setback’ for Samsung and Google | TalkAndroid.com

‘Steve Jobs patent’ upheld by USPTO, ‘massive setback’ for Samsung and Google | TalkAndroid.com. So ironic that on a day when Google stock launched over $100 points and $30 billion in market value,…


The Fund is 115% long. There is a time to press your bet and this is it

We are rarely full invested. We are now.  There is a time to press your bet and this is it at least for the next few weeks.  Even now we are not fully invested in equities but have a mixture of…


Super Bull Tommy Lee, JP Morgan strategist tempers his optimism

What? No Christmas rally? Going forward, the near-term road map is a bit murky.  The move from ~1675 to the close (~1692) Thurs was a lot about “pain” but it seems like the most inappropriate…


Selecting The Next Federal Reserve Chair: When And How | Zero Hedge

Since now the drama of who Obama will select for the the Fed Reserve head is over, what's next? I found this good and telling article on Zero Hedge. Selecting The Next Federal Reserve Chair:…