We’ve finally reached calmer waters, and now is a good time to reflect on what we’ve produced. There’s no telling when we’ll reach the shore, so let’s enjoy this break and see where we stand.
So far this year the Underdog Theorem is up almost 30% for the conservative investors who chose the UTV fund, [...]
Entries Tagged as ‘Wall Street’
November 12, 2009
Season 17 Checkpoint
October 22, 2009
Split the Banks Into Utilities and Casinos
Not just a big deal that the head of the Bank of England is calling for the break up of big banks in the U.K., it’s noteworthy how honest he is in describing what most of them have become.
From the article:
“The second option might involve preventing banks from combining risky ‘casino’ activities with the basic, [...]
September 6, 2009
60 Minutes: Wall Street’s Side Bets
We are forbidden by law to wager our own money on football games, but Congress changed the law in 2000 so that Wall Street could legally make bets and nearly bring down the world economy. Good show, gents.
Entire clip is fascinating, but if you are pressed for time, start it at 1:15. You’ll hear: “… [...]
March 13, 2009
Jon Stewart, Dangerfield Look-alike, Interviews Jim Cramer
Jon, you’re starting to look just like Sir Rodney.
December 19, 2008
Wall Street Madoff Like Bandits
I have a bit of a chip on my shoulder when it comes to Wall Street, so I will keep my comments to a minimum. The Bernie Madoff scandal is an appropriate ending to the craziest year on Wall Street in many generations. Please read Paul Krugman’s New York Times article (link and excerpt [...]
December 10, 2008
IMPORTANT: Options for UT Newbies
SEASON 16 FINAL BANKROLL SCENARIOS
-UTV- -UTV%- -UTG- -UTG%-
1774 55 2600 69 < – – BEST CASE
1674 48 2500 65
1574 41 2400 61
1564 40 2390 60
1474 34 2300 56 < – – CURRENT
1464 33 2290 56
1233 17 2059 46
648 -25 1474 21 < – – WORST CASE
The official season will continue for as long [...]
December 3, 2008
Mean Reversion – Giants, Titans
Unrelated to the Underdog Theorem, just an NFL point spread thought to share while we wait for Season 16 to resume – keep an eye on the Giants and Titans against the spread for the rest of the season.
In finance, some investors think that prices and returns revert to the mean. Basically, if a [...]
September 25, 2008
Buffett’s Bet
A few weeks back, the American press openly reported that Senator McCain gambled. Now the news is covering the fact that Warren Buffett bets! Never has the United States’ categorization of legal vs. illegal gambling seemed more absurd than it does right now. There are no laws in place to prevent Wall Street from jeopardizing [...]
June 19, 2008
A New Start
Today is Day 1 of the new blog. My pre-WordPress blog posts are available through the ‘OLD BLOG’ button at the top of each page. I have so much news to report that I don’t know where to begin. The most important task for today is to relaunch The Underdog Theorem Blog [...]