Thursday, March 21, 2013

Suntech Declares Bankruptcy

Fading fortunes: Former U.S.  Vice President Al Gore visits a Suntech solar cell factory near Shanghai in June 2010.

As the saying goes, 'a picture is worth...'.

And on that note, we'd like thank Al Gore for proving once again that hubris is a poor business strategy.

Monday, January 14, 2013

Low Inflation is a Myth

Business Insider's Annual Subscription Costs More Than Federal Reserve's Entire Balance Sheet

Here's what you need to know:

Fed's Balance Sheet currently stands at $2.9 Trillion. Which is less than the value of the proposed 3 Platinum Coins the Treasury would issue.

Business Insider charges $4,999 for its Intelligence (ironic, we know) subscription.


A 1oz platinum coin is currently worth $1,656.

Unfortunately, 3 platinum coins would not be enough to cover the cost of a 1 year subscription to Business Insider.

But don't worry, you could follow the sage advice of Business Insider's Deputy Editor and use those 3 coins to buy all the assets at the Federal Reserve --- and still have some platinum left over after the purchase.

Thursday, January 3, 2013

Money & Speed: Inside the Black Box

A 50 minute documentary on Waddell & Reed the May 6, 2010 Flash Crash.

Based on interviews with those directly involved and data visualizations up to the millisecond, it reconstructs the fastest and deepest U.S. stock market plunge ever.


Thursday, December 20, 2012

Instacrap: Why Financial Media Is Worthless

What's the saying, a picture is worth negative rate of return of a thousand words?





Monday, November 26, 2012