Archive for June, 2009

Open Letter Response to Stratfor

The Stratfor article, presented in its entirety at the end of this letter, has failed to take into account historical precedents that are now having significant sway over the outcome of the popular uprising in Iran. Moreover, suggesting this to be “isolated to students at elite universities in Tehran proper” is grossly inaccurate. As a [...]

Trading, Finance and The Ego

The ego is a particularly strong component of the human mind and we are naturally prone to certain egocentric tendencies. All traders and investors must work to understand these tendencies:

Egocentric memory: the natural tendency to forget evidence and information which does not support our thinking and to remember evidence and information which does.
Egocentric myopia: the [...]

Capitalist Socialism and the Net Net of It All

The largest share redistribution of the country’s financial companies is about to take place right before our very eyes. This is the final crescendo of the Financial Crisis of 2008: Massive share sales of the strongest banks that are standing right now. ..
All of a sudden, showing strength for the past several weeks and clamoring [...]