Archive for March, 2012

• They Made That Change Uptown and the Big Man Joined The Band
  Posted by kid dynamite on March 30th, 2012 at 9:59 pm, Comments: 0

  TD Bank Garden, Boston, Monday March 26, 2012. I had the good fortune of having a general admission floor ticket for this show.  Turn the [...]

• Why Huge Lottery Jackpots are Not Positive Expected Value
  Posted by kid dynamite on March 30th, 2012 at 4:57 pm, Comments: 0

  In my previous post, I mentioned that math/trader/arbitrage oriented guys like me see huge nominal lottery jackpots and immediately think “positive expected value situation.”   [...]

• Positive Expected Value Lottery – We’re All Gonna Be Rich – A Game Theory Problem
  Posted by kid dynamite on March 29th, 2012 at 9:26 am, Comments: 0

  In case you haven’t heard, the MegaMillions jackpot is up to $500 million.  Yes – half a billion dollars.  A monstrous sum, to be sure. [...]

• I Despise Rick Santorum
  Posted by kid dynamite on March 27th, 2012 at 9:05 am, Comments: 0

  I wrote a post about 6 months ago about how politics was one of those “untouchable” topics that nothing good can come from debating.   That’s [...]

• Do We Need To Protect Investors From Themselves? AKA: That ETN Problem
  Posted by kid dynamite on March 23rd, 2012 at 11:49 am, Comments: 0

  Herb Greenberg asked me via Twitter if I thought that the SEC made a mistake in approving products like $TVIX in the first place.  I [...]

• So You Got Killed In TVIX Yesterday? CSFB Might Be Your Salvation
  Posted by kid dynamite on March 23rd, 2012 at 8:48 am, Comments: 0

  A lot of people lost a lot of money in $TVIX yesterday. Before continuing, you have to read this post I wrote last night.  I [...]

• TVIX – You Mess With The Bull, You Get The Horns
  Posted by kid dynamite on March 22nd, 2012 at 6:07 pm, Comments: 0

  First of all, if you want some background on what’s going on in TVIX please read these two related posts I’ve written on the subject: [...]

• Milan Lucic Pounds Michael Komisarek
  Posted by kid dynamite on March 22nd, 2012 at 11:14 am, Comments: 0

  I ventured down to Boston to see the Bruins destroy the Toronto Maple Leafs 8-0 on Monday night.  This fight happened right across the ice [...]

• Just The Tip
  Posted by kid dynamite on March 20th, 2012 at 10:06 am, Comments: 0

  I broke my finger on Saturday.  Stupid, unlucky, tiny little injury that is a nuisance.  It’s the tip of my right middle finger (yes, I’m [...]

• Posts About Everything – The Week That Was
  Posted by kid dynamite on March 17th, 2012 at 7:46 pm, Comments: 0

  Just in case you missed it, I wrote about a ton of different things in the last week. -There were several posts about libations: 1) [...]

• Want Some Free Trading Advice? Pass the Sugar!
  Posted by kid dynamite on March 16th, 2012 at 3:04 pm, Comments: 0

  Seriously – this isn’t a get rich quick scam, it’s more top quality trading advice from “Oldest TraderBlogger In the World*” Peter Brandt.   Peter blogged [...]

• Why Can’t Journalists Who Write Articles About Gambling Understand Math?
  Posted by kid dynamite on March 16th, 2012 at 7:53 am, Comments: 0

  Almost a year ago I wrote a post reacting to the story that a gambling whale had crushed Atlantic City with the benefit of a [...]

• Caesars Files Registration Statements – But Why?
  Posted by kid dynamite on March 15th, 2012 at 3:24 pm, Comments: 0

  I’m a bit confused.   About a month ago, Caesars had a funky IPO where they just sold a little teeny bit of stock into the [...]

• Greg Smith, Goldman Sachs – It’s All About the Benjamins
  Posted by kid dynamite on March 14th, 2012 at 3:32 pm, Comments: 0

  My friend The Dude says I must write a post about the Story of the Day:  a NY Times op-ed resignation letter from former Goldman [...]

• RIP: Encyclopaedia Britannica
  Posted by kid dynamite on March 14th, 2012 at 1:59 pm, Comments: 0

  RIP Encyclopaedia Britannica.   Wikipedia has claimed another victim.  Will anyone try to stop Wikipedia’s monopoly on “information” ???  Now there really will be no life [...]

• Bel-Gin Strong – Homebrew Batch #8
  Posted by kid dynamite on March 13th, 2012 at 7:51 pm, Comments: 0

  Monday evening I brewed a 1 gallon batch of Brooklyn Brew Shop’s Bel-Gin Strong.  This is a Belgian pilsner with gin-aromatics:  juniper and coriander.  I [...]

• Insider Trading Meets Alcoholics Anonymous: A New Low
  Posted by kid dynamite on March 13th, 2012 at 4:22 pm, Comments: 0

  From Dealbook: “Federal regulators charged a money manager with trading on confidential information about the acquisition of a Philadelphia-based insurance company passed to him by [...]

• Where I Try To Find A Wild Moose Orgy
  Posted by kid dynamite on March 13th, 2012 at 1:35 pm, Comments: 0

  Last night we heard a new sound in our normally quiet wilderness world:  Mrs. Dynamite described it as “bulls screaming.”  I went outside and there [...]

• Diamond Foods Update – That’s What Makes a Market
  Posted by kid dynamite on March 13th, 2012 at 12:21 pm, Comments: 0

  Diamond Foods ($DMND) put out a press release this morning updating some of their businesses and the status of their financial restatements.   I have no [...]

• Impossibly NOT From The Onion: Homeless People as Wi-fi Hot Spots
  Posted by kid dynamite on March 13th, 2012 at 9:35 am, Comments: 0

  Even after reading this entire article, I still can’t believe it’s from the NY Times and not The Onion.   The title is pure gold: “Use [...]