Click the image to watch me talk about Andrew Ross Sorkin’s piece on Glass-Steagall and where he gets it wrong.
Posts Tagged ‘Praxis’
Notes From Underground: Healthy and Happy New Year to our Readers
December 30, 2010It has been a great privilege to share my thoughts and market insights and allow me to occupy some of the highly prized real estate on your electronic devices. I can unequivocally say that I learn much from my readers and derive great benefit from synthesizing my thoughts and putting them into trades. The basis of NOTES is to make sense of the global political and financial fabric and then try to succeed where I believe the econometric and financial markets fail. It’s never easy to review one’s ideas and see where the failure to act has taken place.
Notes From Underground: 2+2=5 is all about the role of history in the theory and practice of markets
May 17, 2010Ah, the elementary basis of all things is PRAXIS. Theory without practice is merely opinion and we know that opinions are like a-holes … we all have them. As we listen to the pundits, who couldn’t find the EU on a map until the recent photos from Greece, we don’t know whether to laugh or cry at the superficial analysis that clogs the airways. The talk all weekend was about the Sarkozy threat to leave the EURO if Merkel didn’t capitulate to the debt crisis support package hereby known as Charlotte’s Web, an attempt to save the PIIGS by a web of financial dealings backed by the ECB.