Tag Archives: Stock Markets

Book Review: Michael Lewis ~ Flash Boys: Cracking the money code

This is a wonderfully entertaining book, which reads like a novel, an incomprehensible techy textbook and a polemic against the US stock market. Parts were beyond my understanding. For example- “Round-trip travel time from Chicago to New Jersey has been … Continue reading

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Gambling on the Stock Market

The valuation of shares is based on four criteria. They are (1) historic performance, (2) current management perofrmance, (3) future prospects, and finally peer group opinion. Henry Ford famously said, “History is bunk.” This disposes of (1). Why is this … Continue reading

Posted in Economics, Humour, Technology | Tagged , , , , , | 3 Comments