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Perception Revolutions: October 2009
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Many shall be restored that now are fallen and many shall fall that now are in honor" - Horace- Ars Poetica. Sunday, October 18, 2009. In this post, I shall deviate a little from my normal course of subjects and delve into area of human psychology. I highlight the importance of this is because it is necessary to take note that our biological decision making process which has served us so well in our natural daily lives would become fatal most of the time when it comes to financial markets. Our main diffe...
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Perception Revolutions: February 2010
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Many shall be restored that now are fallen and many shall fall that now are in honor" - Horace- Ars Poetica. Saturday, February 13, 2010. If Beta is dead, VaR should be extinct. Just how do you model human behaviour? Applying mediocristan laws in a world of extremistan is bound to get you into trouble. The natural tendency of human beings to swing towards extremes. Right down here we still have an entire industry worshipping something that is incorrect and I have a career that is based on bullshit. Got a...
perceptionrevolutions.blogspot.com
Perception Revolutions: November 2009
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Many shall be restored that now are fallen and many shall fall that now are in honor" - Horace- Ars Poetica. Monday, November 30, 2009. More problems at work because of Dubai bond's default. Not because of direct exposure to their bonds and CDS but rather more because of HSBC pulling the HSI down. We are experiencing pretty big VaR moves all over the place due to panic selling. Whether there are more trouble than meets the eye? Lucky for me, sold out on my Capitamall Asia positions just before markets cl...
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Perception Revolutions: Practical Realities
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Many shall be restored that now are fallen and many shall fall that now are in honor" - Horace- Ars Poetica. Monday, February 8, 2010. It is the distinctive unmistakable feeling that work is starting to suck my lifeforce away. Nowadays, I spend the most of my time looking at practically meaningless data. Delta, Gamma, Vega, Theta and Rho, these Greeks are really meant make to simple things complex. Subscribe to: Post Comments (Atom). More About the Author and his Blog. View my complete profile. Being pol...
perceptionrevolutions.blogspot.com
Perception Revolutions: September 2009
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Many shall be restored that now are fallen and many shall fall that now are in honor" - Horace- Ars Poetica. Tuesday, September 29, 2009. In order to enhance cognition, it would be good practice for one to consider all the merits of potential weakness in a belief that one holds. Here, I would like to discuss the effects of the second phase of the mortgage crisis which I personally believe will derive from Option-ARMs, Alt-A and commercial real estate. Counter-arguments include:. This is valid point and d...
perceptionrevolutions.blogspot.com
Perception Revolutions: Reigning in the banks
http://perceptionrevolutions.blogspot.com/2010/01/reigning-in-banks.html
Many shall be restored that now are fallen and many shall fall that now are in honor" - Horace- Ars Poetica. Sunday, January 24, 2010. Reigning in the banks. Though this might mean lower bonuses for everyone but hopefully this will reduce the amount of work I am getting! Simplify the rules and regulations as well. Lower leverage, lower risks and please.lower the amount of new trades. Banking should be boring and I would like to have it that way. Subscribe to: Post Comments (Atom). View my complete profile.
perceptionrevolutions.blogspot.com
Perception Revolutions: January 2010
http://perceptionrevolutions.blogspot.com/2010_01_01_archive.html
Many shall be restored that now are fallen and many shall fall that now are in honor" - Horace- Ars Poetica. Sunday, January 24, 2010. Reigning in the banks. Though this might mean lower bonuses for everyone but hopefully this will reduce the amount of work I am getting! Simplify the rules and regulations as well. Lower leverage, lower risks and please.lower the amount of new trades. Banking should be boring and I would like to have it that way. Sunday, January 17, 2010. Expectations of future profits du...
perceptionrevolutions.blogspot.com
Perception Revolutions: Being politically correct emails galore
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Many shall be restored that now are fallen and many shall fall that now are in honor" - Horace- Ars Poetica. Wednesday, February 10, 2010. Being politically correct emails galore. Please do not use the acronyms PIIGS. Spell them out Portugual, Ireland, Italy, Greece and Spain correctly. Do not say you have short positions, that makes us look like short-sellers. These people gain from the misery of investors. Say you have a short exposure. Seriously, I totally do not understand what all the fuss is about.
perceptionrevolutions.blogspot.com
Perception Revolutions: December 2009
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Many shall be restored that now are fallen and many shall fall that now are in honor" - Horace- Ars Poetica. Sunday, December 20, 2009. The Future of Finance. It seems clearer and clearer to me that the financial industry is headed for an age of rocket science. An age whereby quantitative and computational finance governed by greeks, complex alogorithms and black boxes would account for an overwhelming majority of trades on exchanges. What would be the future effects of this? For several decades, there w...