Talk about fickle. We never sit on an idea or a position. One of our concepts is that of the hairtrigger stop. Which means market conditions can chase you from…
Why did the market not tank in October? Simple. It encountered strong support at the lower horizontal line. From 2010? you say. Indeed. These zones can have influence over years. …
We rarely comment on I.P.O.s. This is because we understand the essential mechanics of these deals. They exist to transfer money from the public to entrepreneurs and Wall Street underwriters.…
The Italian commedia dell'arte starring Sylvio Berlusconi as head clown begins to bear fruit -- strange and bitter fruit -- worldwide. Clown, mafioso, master manipulator, whoremonger, cancer at the heart…
We have been reading "The Great Game" (and also "Flashman" comic masterpiece about Afghanistan). These recount the struggle for empire between the Russians and the British in the 19th century.…
