Entries from August 2008

Wednesday, August 20th, 2008

Cutting Your Losers

growth cycle

Nothing keeps me rooted to reality like crop growing. What you are seeing is the median growth cycle for first year for this pumpkin patch. The plot was broken in Fall 2007. Prior to that it was in a multi-season fallow (yeah, that’s a fancy way of saying it was just a bunch of weeds). It was tenderly tilled [...]

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Wednesday, August 20th, 2008

Fidelity is right, Galvin is wrong

I don’t love Fidelity, but I really hate when politicians ask people (Johnson family in this case) to take a hit for stupid consumers. Mass. Sec. of the Commoners, William Galvin has a lot of nerve asking Ned to pick up the bill on the ARS debacle. Galvin wants Fidelity to conced becausw customers “now find themselves unable to [...]

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Tuesday, August 19th, 2008

Six Unassuming Names For New Hedge Funds

While discussing the new names in hedge fund management, the following tete-a-tete occurred:
Ren:
“My belief is that if you name yourself something too great, you bring upon your head the seeds of your own demise. So I was thinking something like, “Mediocre Talent Asset Management” or “Never Outlying on the Bell Curve Capital Advisors“. I mean, [...]

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