Archive for May, 2010

• SPX Statistics
  Posted by Ivanhoff on May 31st, 2010 at 5:28 pm, Comments: 0

  S&P 500 was down 8.2% in May 2010, which is the worst monthly performance since February of 2009. SPX was down more than 5% in [...]

• Bill Ackman talking about hedge funds, CDS, rating agencies
  Posted by Ivanhoff on May 29th, 2010 at 7:25 pm, Comments: 0

  [youtube=http://www.youtube.com/watch?v=CtjpyQixVdo&hl=en_US&fs=1&]

• Minervini on Patience
  Posted by Ivanhoff on May 27th, 2010 at 9:47 pm, Comments: 0

  After a sharp decline, some stocks can have short-term bounces or rallies; however, in my experience few stocks bottom out when you expect them to [...]

• Noise
  Posted by Ivanhoff on May 26th, 2010 at 11:24 am, Comments: 0

  75% of the price movement in most stocks takes place in 20% of the time. The rest is nothing but noise within a range. Relevant [...]

• Ideas that spread
  Posted by Ivanhoff on May 23rd, 2010 at 2:54 pm, Comments: 0

  Not all great investing/trading ideas are profitable. Ideas that spread are. If no one else sees what you see and acts, you can’t make money. [...]

• Yra Harris on Picking your sweet spot
  Posted by Ivanhoff on May 23rd, 2010 at 2:52 pm, Comments: 0

  Anytime something is too good to be true, I now recognize that it probably is and that it is there for a reason because somebody [...]

• Markets are changing all the time
  Posted by Ivanhoff on May 22nd, 2010 at 10:32 am, Comments: 0

  You have to have the ability to change and see how the markets are changing and adapt to it. That’s a constant process. That’s why [...]

• Jim Leitner on Confirmation Bias
  Posted by Ivanhoff on May 19th, 2010 at 8:23 pm, Comments: 0

  Humans in general are biased and look for confirmatory evidence. When someone is bullish on oil, they tend to pick the pro-oil arguments in whatever [...]

• Discipline
  Posted by Ivanhoff on May 19th, 2010 at 8:15 pm, Comments: 0

  If you don’t see anything, you don’t initiate a new position. You take risk only when you see an opportunity. Make it a habit to [...]

• Scott Bessent on OPM
  Posted by Ivanhoff on May 19th, 2010 at 8:12 pm, Comments: 0

  I will never forget Robert Wilson’s advice: If you have as much money as I’ve read you do in the paper, you are an asshole [...]