Archive for December, 2009

  • New Year’s Eve Links
    Posted by on December 31st, 2009 at 5:31 pm, Comments: 0

    A friend of mine is getting married on January 2nd in Maine, about 75 minutes from my house in New Hampshire, which has resulted in […]

  • Tip Jar and Oscar’s Bum
    Posted by on December 30th, 2009 at 5:01 am, Comments: 0

    So yeah, I finally set up a tip jar (link is on the sidebar).  I spend a lot of time working on this blog, and […]

  • Synthetic CDO’s, Spanish 21 and Sports Betting
    Posted by on December 29th, 2009 at 12:12 am, Comments: 0

    As expected, my last post, “Fiduciary Duty and the Victim Mindset” sparked a lot of discussion.  There are several intelligent comments on both my site, […]

  • Fiduciary Duty and The Victim Mindset
    Posted by on December 25th, 2009 at 9:26 pm, Comments: 0

    I wanted to avoid writing this post because anytime you write a story defending Goldman Sachs you have to deal with uneducated, moronic criticism from members […]

  • KD’s Year In Review: Part 1: Isaac Newton, Mean Reversion, and Momentum
    Posted by on December 23rd, 2009 at 2:22 am, Comments: 0

    I can’t stop thinking about how Newton’s First Law applies to the big momentum move we’ve seen in the market this year: “An object at […]

  • Today In "I’m Not Making This Up"
    Posted by on December 22nd, 2009 at 6:48 pm, Comments: 0

    Darth Vader and a band of stormtroopers rang the opening bell today on the NYSE (h/t Dealbreaker): I mean – what else can you say […]

  • Why Didn’t I Think of That?
    Posted by on December 22nd, 2009 at 4:40 pm, Comments: 0

    There are lots of innovative technology products being developed every day, but this one struck me in its simplicity and simple “how come no one […]

  • Q3 GDP Revised Lower Again – But No One Cares
    Posted by on December 22nd, 2009 at 2:09 pm, Comments: 0

    From the BEA: “Real gross domestic product — the output of goods and services produced by labor and property located in the United States — […]

  • More Ignorant Consumers – Symptoms of the Same Problem
    Posted by on December 21st, 2009 at 9:20 pm, Comments: 0

    A NY Times article titled “In New York, Paying More to Send U.S. Mail at UPS Stores,”  has me fired up.  Now, I know that […]

  • The Market Machine
    Posted by on December 20th, 2009 at 4:15 pm, Comments: 0

    Must read today from the Brett Arends in the Wall Street Journal (hat tip Abnormal Returns)  titled “Hot Stocks For a New Decade.”   Arends talks […]

  • Bernanke Redux
    Posted by on December 18th, 2009 at 3:34 am, Comments: 0

    It’s too bad I’ve had reason to write so many posts about Ben Bernanke… First, he was named Foreign Policy’s “Top Global Thinker.”    Then he […]

  • A Triple Shot of Citibank: Taxes, the Prince, and the Government
    Posted by on December 17th, 2009 at 2:39 pm, Comments: 0

    Citibank made news yesterday with three very interesting stories. First, I woke up to the Washinton Post’s: “U.S. Gave Up Billions in Tax Money In […]

  • You Can’t Make This Stuff Up
    Posted by on December 17th, 2009 at 2:53 am, Comments: 0

    Calculated Risk reported this gem, from the Time Magazine Person of the Year extended interview with Ben Bernanke, which I couldn’t read because I wasn’t […]

  • Bizarro World – Time Names Bernanke "Person of the Year"
    Posted by on December 16th, 2009 at 12:45 pm, Comments: 0

    I think I’ve already covered why Ben “Person of the Year” Bernanke should not be lauded for helping to abate (note: abate – not eliminate […]

  • Damned If You Do, Damned If You Don’t
    Posted by on December 15th, 2009 at 3:27 am, Comments: 0

    We had a major financial crisis because banks made bad loans with high leverage.  We yelled at the banks for causing all these problems, and […]

  • Citi and The Prince
    Posted by on December 14th, 2009 at 7:27 pm, Comments: 0

    In light of Citibank’s news today that it’s paying back TARP funds, which prompted this story about how Prince Alwaleed Bin Talal will hold onto […]

  • Timing
    Posted by on December 14th, 2009 at 12:24 pm, Comments: 0

    oops: -KD

  • Vegas, Re-fi’s, and Obama
    Posted by on December 13th, 2009 at 10:07 pm, Comments: 0

    warning: potentially NSFW language below… Vegas Rex writes a blog about all things Las Vegas from the perspective of a Vegas local – and insider. […]

  • Happy Hanukkah!
    Posted by on December 13th, 2009 at 9:37 pm, Comments: 0

    I almost forgot…  and yes, that’s the same Oscar picture I used last year… -KD

  • Jack Of All Trades
    Posted by on December 10th, 2009 at 4:52 pm, Comments: 0

    In the past 10 days, I’ve managed to get my riding mower jump started, ride it around my lawn and even cut some tall grasses, […]