First Howard Stern, now Hedge Fund Managers…
Being able to think clearly and process information quickly is something that separates good traders from bad traders. Understanding odds, strategy and potential outcomes are the tools of the trade for those making both short-term and long-term investment decisions. These skills and others can be learned not only in a classroom or by interning at a fund or sitting on trading desk, but also with a deck of cards or a chess board. Learning to play games that make you think, strategize and focus can help you become a better investor. It may also help you become a better entertainer. In recent weeks, hedge fund managers obsessed with chess and […]
The snarl is gone…
The UN has left the building, or least the island of Manhattan. My take, after reading the coverage in a number of newspapers over the last week or so, is that nothing was accomplished other than snarling midtown traffic . Of course, I didn’t expect much – which is a sad reflection on the power and prestige of the United Nations today. Maybe I’m wrong, but it seems like a body whose time has come. The big news this past week was, of course, The BernankeTwist. Not to be confused with a children’s game or theChubby Checker song, this is an effort by the Federal Reserve Chairman to spur the […]