Readers & Thinkers: The 1970 Nobel Dies

Posted by on Sep 19, 2012 in Anything Goes | Comments Off on Readers & Thinkers: The 1970 Nobel Dies Dear All- On December 13, 2009, Paul Samuelson died in Massachusetts. Paul was the second Nobel Laureate in economics and a giant in the field. I knew something was not quite right when his secretary told me last week that the interview that we had planned could not be held. This made me sad. I had planned to interview Paul at MIT this semester, but I waited too long. I wanted to ask Paul so...
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Readers & Thinkers: A Nobel Knight Dies

Posted by on Sep 19, 2012 in Anything Goes | Comments Off on Readers & Thinkers: A Nobel Knight Dies  Dear All- Sir Clive Granger died this week at the age of 74. He was known as an econometrician and wrote many wonderful papers to help economists understand the world better. One of his most important pieces was the “Granger-Causality” test. This was very useful to help economists determine if one variable that was correlated with another variable might also cause this variable to...
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Readers & Thinkers: Say It Isn’t So!

Posted by on Sep 19, 2012 in Anything Goes | Comments Off on Readers & Thinkers: Say It Isn’t So! Dear All, Looks like after all that fuss over the bill, it didn’t do much for our financial markets. In my last email on September 19, 2008, I said the best thing you could do is get your kids a short in consumer stocks for Christmas and so far had you short something like XLY (an ETF you can short, but actually is long the consumer retail stocks), you would have made 17% through today. How has...
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Who will be the next President and how can you benefit?

Posted by on Sep 19, 2012 in Blog | Comments Off on Who will be the next President and how can you benefit? In the next couple of months, the United States will either elect Barrack Obama or Mitt Romney as the President of the United States for the next four years.  Although markets tend to be highly efficient and market prices attempt to anticipate events in advance, the resolution of the uncertainty will ultimately lead to some stocks performing better than others.  For example, when President Bush...
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Remembering 9/11

Posted by on Sep 11, 2012 in Blog | Comments Off on Remembering 9/11 Good day to all of you.  Today marks the 11th anniversary of the terrorist attacks on the World Trade Center.  I still remember standing on the 104th floor of 1 World Trade Center looking out the window when I visited my brother, Wolfgang, who was an employee at Cantor Fitzgerald.  My brother worked on their emerging markets trading desk.  One of my brother’s great friends at the firm was...
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