And the wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don't. It's just that simple.
That is a very simple concept. And to me it's obviously right based on experience not only from the pari-mutuel system, but everywhere else.
And yet, in investment management, practically nobody operates that way.
* Recent Interviews - I've been doing a fair amount of interviews for the mainstream media lately. Here's a Bloomberg article that quoted me regarding Jerome Kerviel and SocGen; here's a related article from Paris that appeared on an Australian site. This one, posted to CNN Money, deals with the emotional world of financial advisers and their clients.
* Macro Perspectives - Lots of good insight on the PIMCO site, including their most recent investment outlook.
That is a very simple concept. And to me it's obviously right based on experience not only from the pari-mutuel system, but everywhere else.
And yet, in investment management, practically nobody operates that way.
* Recent Interviews - I've been doing a fair amount of interviews for the mainstream media lately. Here's a Bloomberg article that quoted me regarding Jerome Kerviel and SocGen; here's a related article from Paris that appeared on an Australian site. This one, posted to CNN Money, deals with the emotional world of financial advisers and their clients.
* Macro Perspectives - Lots of good insight on the PIMCO site, including their most recent investment outlook.
* Searching Financial Blogs? - Here's a search engine specific to financial blogs that can help you find posts on any given topic. The creators limited the search range to recognized blogs, so that you won't be inundated with splog content.
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