Month February 2010

Why oh why is Democratic ‘leadership’ so lame

Harry Reid stripped down a jobs bill that had bipartisan support because in his cunningness, he thinks this will help passage and ease “voter concerns about federal spending.” The bill was $85 billion. Now it’s $15 billion and excludes provisions…

Quants make it impossible for individual traders

How can the individual trader hope to succeed against programs trading thousands of times a second programmed by Ph.D’s? They can’t. Such quant trading increasingly dominates Wall Street now. It’s inevitable that something outside their parameters will happen and they…