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Things worth reading: 14th May 2012

May 14, 2012 by skinnercm   Comments (0)

Things we're reading today include:

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Your Daily Nutritional Value Of Factual Information In-Take

May 14, 2012 by CalConfidence   Comments (0)

If information is viewed in the same way we view food, the production, preparation, and consumption of information changes.  JR Rangaswami approaches information as a consumption issue, not a production issue.  We need to check our information for "fact percentages" and maintain a healthy diet of factual  information.  Something the government already regulates and look how unhealthy the information diet is of middle American, low brow families.   


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Blog Post: Falkenblog: Hedges Don't Lose Money?

May 14, 2012 by MoneyScience   Comments (0)

I was working out watching Jamie Dimon squirm like a worm, reminding me of Lawrence Summers pathetic recant of his rather innocuous speculation about gender talent distributions.  If a bank with $140B in market cap and over $2000B in assets loses $2B trading credit insurance, it sounds like no big deal, yet everyone, including Dimon, saw this as a a 'terrible, egregious, inexcusible mistake.' Dimon noted he had $8B in profits in their 'banking book' related to these...

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