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What we predict for the week after the big sell-off
The field of financial economics has witnessed the long-time debate of whether stock prices truly reflect all information or is it a lagged adjustment process where market participants gradually react to information which in turn reflect changes in stock market behavior. Over the course of the last...
Sprint All In on iPhone
Perhaps the only thing you monkeys have in common with your hipster occupiers is the iPhone. The phone that has fascinated a generation making Crackberry and Brickbreaker banker jokes obsolete. News to nobody is that Sprint recently bet the house, kids and car on it. The question is whether the...
The View from Under the Bus
This is something I've been meaning to bring up for several weeks now, but other topics kept taking precedence. Jerome Kerviel, the disgraced SocGen trader who was recently sentenced to two years in prison and a €5 billion fine, granted an interview with Der Spiegel which is required reading for...
Scam Science: The Short and Distort
Short sellers get a bad rep when they really shouldn't. I think it's because 90% of the population doesn't understand how you can sell something you don't own, or how you can make money by the value of something dropping. The way I used to explain it to people is that there is only one way to make...
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