June 24, 2012 - Quote of the Day
?I used to tell lies. But I?ve given it up, because the field has become overrun with amateurs,? said the great American 19th century humorist, Mark Twain.
Entries by DougD
SOLD OUT Last Chance to Come Join Me for the Zermatt, Switzerland July 27, 2012 Seminar
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Seminar, which I will be conducting high in the Apls in Zermatt, Switzerland at 2:00 PM on Friday, July 27, 2012. A PowerPoint presentation will be followed by an open discussion on the crucial issues facing investors today. Coffee, tea, and schnaps
The Declining America Myth
It seems that it has become fashionable to bash America these days. As I run around the country giving my strategy luncheons, I hear a lament that has become all too familiar. America has peaked as a civilization, the story goes, and will follow the British, French, Roman, and even the Egyptian empires into the
July 23, 2012 - Quote of the Day
?We?re all just one trade away from humility, Bud,? said a stockbroker in the classic film, Wall Street.
The Death of the Bond Vigilantes
Back in the seventies and eighties, when inflation was soaring well into double digits, the markets were regularly punished by a band of gun slinging traders known as the ?bond vigilantes.? Hard asset prices were running amuck, and there was a laser like focus on the growth of the money supply. We have just witnessed
Thoughts at Sea Aboard the Queen Mary 2, Part III
50 degrees, 26.68 minutes North, 022 degrees, 29.98 minutes East, or 1,000 nautical miles South of Iceland, heading 089 degrees. Four days of hearing foghorns is starting to get tiring. Captain Wells has been ducking many of his social responsibilities, feeling more secure in the bridge close to the radar. After a few days of
July 20, 2012 - Quote of the Day
?Who knew the blockbuster this year would be a horror show,? said Tony Crescenzi, market strategist and portfolio manager at bond giant, PIMCO.
July 19, 2012 - Quote of the Day
?Take 200 round trips to Australia, and you really start to rack up the miles,? said Tom Stoker, and automotive sales analyst who just surpassed 10 million frequent flier points on United Airlines. It makes my own 1 million miles seem puny by comparison.
So What is Your ?Influencer? Score?
First there was your grade point average, then your SAT score, followed by GMAT and LSAT scores, and finally your FICO. Now there is a new metric with which you will be judged, your ?Influencer? score. A new breed of marketing research firms are using data from social media sites, like Facebook, Linkedin, and Twitter,
July 18, 2012 - Quote of the Day
?I?m long tear gas after the Athens experience. They are going to need that tear gas in Rome and Madrid at some point,? said Steve Cortez at Veracruz Research.