Loved Jack Schwager’s Market Wizard series.Haven’t got my paws yet on Hedge Fund Wizards.Like his disarming candor in this interview
Day: July 12, 2012
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What was that again?
“Big price changes occur when market participants are forced to reevaluate their prejudices, not necessarily because the world changes that much.”
– Hedge fund manager Colm O’Shea as quoted in Hedge Fund Market Wizards
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Fast Food
Amazing facts about the fast food industry in the US…didn’t know quarter of a million Americans died due to obesity prematurely every year.
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The shark video that has gone viral
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Jim Chanos interview
Lots of insights in the interview.For instance, a short seller has to get used to negative reinforcement.Also, a short seller is in the disaster prediction business.In that sense, he is like an insurance company !