"Economics" Posts
William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour
By Lawrence
Mr. Ackman, famous hedge fund manager, gives a condense lecture of about 40 minutes on the subject. If you are a newcomer to investing / speculating in the stock market, it is probably a good idea to watch this video completely. In case you do not know who Mr. Ackman is, you can read about […]
Nick Hanauer: Rich People Don’t Create Jobs
By Lawrence
A controversial TedTalk from Nick Hanauer. It is so sensitive that it is pulled from TedTalk website. Time magazine have a piece on this talk, Was Nick Hanauer’s TED Talk on Income Inequality Too Rich for Rich People? I do not totally agree with the point of view of Mr. Hanauer. He raised a valid […]
WTF Chart of the Day: Selling Gold To Finance Bad Investments
By Lawrence
It is reported that certain financial institutions in Asia are selling their gold holdings to cover their margin cost on some speculative "investments". Hence the flush down actions in gold over the past 2 weeks. Based on my original projection on this selloff, gold has completed majority of the move now. Gold bugs continue to […]
Shlomo Benartzi: Saving for tomorrow, tomorrow
By Lawrence
A very interesting TedTalk showing the stupidity in human (well, I like using strong words) drives the decision in us all. Are you dictated by your natural weaknesses and making bad choices? Worse yet, are you manipulated by the environment into making choices you do not agree to? I think the most important thing from […]
Crash of a Virtual Market
By Lawrence
There are many MMORPG (massively multiplayer online role-playing game) available online where kids and adults alike spending hours everyday to live within these virtual worlds. Just like our world, these virtual worlds have their own economic systems that mimic what we have in real life. Recently my son and his friends experienced first hand what […]
Didier Sornette: How we can predict the next financial crisis
By Lawrence
A great presentation on the predictability of bubble burst. Watching just the video itself is not enough because Mr. Sornette also talked to Ted and provided his predictions and analysis on various global markets. You can read by following the link below. Turbulent times ahead: Q&A with economist Didier Sornette (For the eternal bulls of […]
Interview With Stan Druckenmiller
By Lawrence
Following is an interview with Stan Druckenmiller by Bloomberg’s Katherine Burton back in March 2013. And this is an updated interview by Goldman Sach’s Hugo Scott-Gall in Jun 2013, http://www.zerohedge.com/news/2013-06-14/stanley-druckenmiller-chinas-future-and-investing-new-normal I do not necessary agree with Mr. Druckenmiller’s many talking points but his understanding of the global economy and where it may be heading is […]
Nikkei Tagged First Pullback Target
By Lawrence
Zoom in to hourly on Nikkei in this chart. This is an update to my post Why Nikkei 16000 Has Always Been The Target? Now that we got the first pullback. We have to ask ourselves – is it done yet? It is similar to the Apple chart I posted before, once you see a […]
Larry Smith: Why you will fail to have a great career
By Lawrence
This is an interesting TedTalk that gathered quite a number of comments from the viewers. It is about the excuses people made to avoid following their passions. It is a funny talk. Mr. Smith delivered a great talk and it is very much to the point. To follow your passion – you may not even […]
Rules Are Changing Again: Japanese Government Looking For Ways To Hack Its Own Economy
Reported by Reuters today, Japan plans to switch inflation gauge; may up pressure on BOJ, the Japanese government is going to exclude energy prices from its inflationary measure, which already excluded prices on human essentials like food, etc. Japan is not the first government that changes its economic data and inflation metrics to create room […]