Posts Tagged ‘finance’

The Big Short – Wikipedia

Sunday, July 23rd, 2017

Found Lewis’ @theBigShort ( v. helpful in understanding the financial plumbing of the ’08 meltdown, eg CDO,CDS,MBS..

NYTimes: A New Breed of Trader on Wall Street: Coders With a Ph.D.

Sunday, March 6th, 2016

New Breed of Trader on Wall[/Jane] Street: Coders With a PhD Appears that @OCamlLang programming may make you rich

In the world of exchange-traded funds, a $2.8 trillion industry, Jane Street takes the marriage of high tech and high intellect to a new level.

At Nearly 90, ‘Super Bowl’ Stock Analyst has a streak going – WSJ

Monday, January 18th, 2016

SuperBowl Stock Analyst has a streak #Statistical Frankenstein concept from Wall Street perhaps useful for genomics

For the Wealthiest, a Private Tax System That Saves Them Billions –

Tuesday, January 5th, 2016

For Wealthiest…Tax System…Saves Them Billions Since ’12 #tax for 1%ers flat at 24% v for top .1% down >3% to 18%

QT:{{"From Mr. Obama’s inauguration through the end of 2012, federal income
tax rates on individuals did not change (excluding payroll taxes). But
the highest-earning one-thousandth of Americans went from paying an
average of 20.9 percent to 17.6 percent. By contrast, the top 1
percent, excluding the very wealthy, went from paying just under 24
percent on average to just over that level.

“We do have two different tax systems, one for normal wage-earners and
another for those who can afford sophisticated tax advice,” said
Victor Fleischer, a law professor at the University of San Diego who
studies the intersection of tax policy and inequality. “At the very
top of the income distribution, the effective rate of tax goes down,
contrary to the principles of a progressive income tax system.”

Dimensional Fund Advisors

Sunday, January 3rd, 2016

index investing

Physics in finance: Trading at the speed of light : Nature News & Comment

Friday, April 3rd, 2015

#Physics in finance Real estate opportunites from relativatistic arbitrage: locating exactly midway betw. market hubs

Retreat From U.S.-Stock Fund Managers Accelerates – WSJ – WSJ

Friday, November 14th, 2014

Retreat From US-Stock Fund Managers
Instead money into US large-cap indexes. Int’l & small-cap managers still popular


Yes, investors are still sinking money into U.S. stocks. But
increasingly they are doing it through traditional index mutual funds
and exchange-traded funds that track a specific market benchmark or
sector, without the variability of a fund manager’s hand. While active
stock funds have been seeing uninterrupted outflows, passive
U.S.-stock funds have collected inflows for eight months in a row.

Meanwhile, other broad categories are booming, too. Investors are
piling into bond funds and both active and index international-stock

“Active management has never been in worse repute,” says John
Rekenthaler, vice president of research at Morningstar. “This is the
darkest of days.”

Investors are sour on active U.S.-stock managers for good reason:
performance, or the lack of it, particularly during the 2008-09 U.S.
market slide.

Big institutional investors, meanwhile, determined long ago that
managers’ inconsistent results don’t justify their higher fees, and
pledged allegiance to lower-cost indexing.

In addition, many investors have flocked to bond funds and given
investment dollars to international stock-fund managers who, unlike
U.S.-stock managers, haven’t broken their trust.

Actively run international-stock funds, particularly small-cap stock
portfolios, have been relatively more successful at adding value over
an index than their U.S.-stock peers.

According to S&P Dow Jones Indices, 30% of international stock-fund
managers topped their benchmark in the five years through June, while
32% of emerging-market managers and 54% of international small-cap
managers did so.

New York Yankees on the Forbes MLB Team Valuations List

Saturday, August 2nd, 2014

New York Yankees

Team Value: $2,500 M
Team Value calculated March 2014

At a Glance

Owner: Steinbrenner Family
Championships: 27
Price Paid: $10 M
Year Purchased: 1973
Revenue : $461 M
Operating Income : $-9.1 M
Debt/Value : 1%
Player Expenses : $225 M

Investment Management, Online Financial Advisor | Wealthfront

Friday, July 18th, 2014

incl. Dr. Burton Malkiel, renowned economist and author of A Random Walk Down Wall Street,

Vanguard Intermediate Tm Cpte Bd ETF: NASDAQ:VCIT quotes & news – Google Finance

Sunday, July 6th, 2014

currently at ~3.2% return according to Kiplinger’s

Vanguard Intermediate Term Corporate Bond ETF