March 23, 2008, Mind of market?

The view of the mind of market by Michael Shermer is interesting in a way that he actually connecting many modern research in chaos theory and psychology into the economics theory. This reminds me the Dawkins approach in evolution biology.

The Skeptic magazine publisher Michael Shermer is on CSPAN at Cato institute again. He sure has [...]

March 22, 2008. Bernstein and “against the gods”

Peter L Bernstein’s “Against the Gods” has mentioned Garry Tsai ” Manhattan Fund and John Hartwell of Hartwell and Campbell Fund Growth Fund. They were regarded as folk heroes back in the mid 70sThen 1973 and 1974 bubble burst their funds. S&P 500 drop 45% from Dec. 72 to Sept. 74. Manhattan Fund lost 60% [...]