Entries from June 2008

Great (and not so great) Speculations

June 11th, 2008 · Comments Off

Cosby sweaters to raise money for charity
How ‘bout someone just donate the sweaters to good will and give the charity money. Who would want one of those 80s sweaters, Cosby or no Cosby?
Will someone please tell Kirk Kerkorian that he’s an old fart. The billionaire turned 91 last Friday and he’s going after Ford. At [...]

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Tags: Great Speculations

Great Speculations: father knows best

June 5th, 2008 · Comments Off

Panos Bethanis Went $4.5 million in the Hole to Buy Back His Company –Inc.
He had founded the company five years earlier but had sold a majority stake to a pair of venture capital firms in 2005. Now, with the company struggling, Bethanis saw an opportunity to get his company back.
For Bethanis, then 31, regaining control [...]

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Tags: Great Speculations

The Introspective Speculator: Vicious Cycle

June 4th, 2008 · Comments Off

Lord knows I’ve been stuck in this vortex many a time.
Related reading:
Sleeping and Trading –Daily Speculations
Briefly Speaking, from Victor Niederhoffer –Daily Speculations
There are many speculators who have an inclination to trade during night hours. Such behavior exposes one to the possibility of premature death, according to a study of Penev et al “chronic circadian [...]

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Tags: Great Speculations · Tools of the Trade · Truth Trader

Great Speculations: How One Smoker Quit

June 2nd, 2008 · Comments Off

How One Smoker Quit -Freakonomics
A few weeks ago, we posted an item about an ad executive in Australia named James Hurman who auctioned off his smoking habit, agreeing to pay a steep fine (about $800) for every cigarette he smoked after the auction closed. He wound up selling the contract, he writes, “for NZ $300 [...]

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Tags: Great Speculations · Market Mayhem