Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything.
Click here for non-Flash version.click ► to listen:
Right click here and select ‘Save Link As…’ to download the mp3 file.
Click here for non-Flash version.click ► to listen:
Right click here and select ‘Save Link As…’ to download the mp3 file.
These graphs and charts always remind me of an Economics Prof I had who to allay hysterical students – “Sir I need one more day for my term paper” had on his closed door a cartoon of Chicken Little pointing to a downward spiral graph on a whiteboard. The caption said “and if current trends prevail and continue I predict the sky will fall. ” I need a vacation on a beach.
That was a particularly good show.
I would not discount the importance of the 1 millisecond delay that was mentioned. There are people in New Jersey that get to profit on little delays, and the unit is named “Treasure Island.” I reckon those are the sorts of people who rent mobile homes in the Hamptons.
http://rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-scandal-yet-20130425
Going by the stellar customer reviews this looks to be the “next big thing”, this inovation is going to cause major disruption to all tech stocks which simply can’t compete with such specific targeting.
http://amazon.co.uk/product-reviews/B004FTGJUW/ref=cm_cr_dp_see_all_btm?ie=UTF8&showViewpoints=1&sortBy=bySubmissionDateDescending
My breath smells like cat food