While the professionals used their decades of investment knowledge and traditional stock-picking methods, the cat selected stocks by throwing his favourite toy mouse on a grid of numbers allocated to different companies.
[spoiler warning: the cat wins
posted by latkes
on Jan 14, 2013 -
The eyeballing game
: compare your best attempts at several instinctive everyday tasks - determining a point of convergence, bisecting an angle, finding the midpoint of a line - against mathematical certainty. In a more financial mood? Play Chartgame
: given a random historical stock chart of an unnamed S&P 500 company, choose to buy and sell as time advances to see if you can beat the market.
posted by Bora Horza Gobuchul
on Oct 14, 2009 -
"George Soros initiated holdings in Oil Equipment & Services company Halliburton Co.. His purchase prices were between $27.62 and $33.53, with an estimated average price of $31.3. The impact to his portfolio due to this purchase was 2.02%. His holdings was 1,999,450 shares as of 12/31/2006. Halliburton Co. closed today at $30.05." Maybe he's 'culture jamming
'? Might raise some amusing ethical conundra
in any case.
posted by waxbanks
on Mar 1, 2007 -
Want to learn about investing?
Morningstar, an independent investment researcher, is offering 172 free online "classes" on stocks, bonds, funds, and portfolio building. And there's nifty quizzes at the end of each lesson where you can earn points that can be used for Morningstar products.
posted by ThePinkSuperhero
on Jan 9, 2007 -
EarthShell, a small Maryland company that makes environment-friendly packaging (among
others) may wink out of existence
thanks to PIPEs
, or private investments in public equities. Who likes PIPEs? Hedge Funds
, mostly. Companies that take the pipe
, as it were, may be sealing their doom. 10 percent of PIPE deals done this year are 'death spirals'
, where the company's stock price plummets from short selling by the financiers who structured the deal in the first place. And of course it's legal if you don't
get caught shorting the stock naked and covering with the shares from the PIPE.
(BTW, http://www.earthshell.com appears to be on the margins now or I'd have linked it).
posted by nj_subgenius
on Dec 27, 2006 -
The Motley Fool's new CAPS
stock-picking system keeps track of your stock picks and whether they outperformed or underperformed the market. Then everyone's picks are aggregated, weighted by the quality of their past records, to rank individual stocks. Here's how it works.
posted by ikkyu2
on Oct 4, 2006 -
Consensus View New Yorker
columnist James Surowiecki's book The Wisdom of Crowds
"explores a deceptively simple idea that has profound implications: large groups of people are smarter than an elite few, no matter how brilliant—better at solving problems, fostering innovation, coming to wise decisions, even predicting the future." Now this idea has been put into practice with Consensus View
, a site where you can enter your predictions on stocks, commodities, and currencies, and view the group consensus. (from wsj.com
posted by reverendX
on Sep 18, 2005 -
One man's retirement math: Social Security wins
At the heart of President Bush's plan to sell Social Security private accounts is a simple notion: You're always better off investing your retirement money than letting the government do it.
By doing it yourself, you can stow some money in the stock market, and over the long run will get a better return on that investment than today's Social Security system offers.
The idea is broadly accepted. That's why the administration's plan to partially privatize the system sounds appealing to many. But that better return won't always happen.
Just ask Stanley Logue of San Diego.
For 45 years, the defense-industry analyst paid into the system until his retirement in 1994. But with all the recent hoopla over reform, Mr. Logue, a Massachusetts Institute of Technology graduate, decided to go back and check his own records. Would he have done better investing his money than the bureaucrats at the Social Security Administration?
posted by Postroad
on Dec 27, 2004 -
Another "Google heading for an IPO" report
- but this time it's for real, according to the Financial Times. Apparently the shares will be sold through an electronic auction "designed to prevent a recurrence of the sort of financial scandals that have engulfed Wall Street since the collapse of the dotcom bubble". Not that Google was ever going to be Enron.
posted by zimbobzim
on Oct 23, 2003 -
'Vice or Price'? Don Johnson
as Sonny Crockett in Miami Vice
drove a fancy car while fighting the drug world.
Now Don is suspected of trying laundering $8 billion in bonds, stocks and credit notes in Germany.
He said he was there to buy a car. Some car!
posted by hockeyman
on Mar 13, 2003 -
Someone we trust says something reassuring.
Fed Chairman Alan Greenspan, arguably the most powerful man in the world, blames "infectious greed" for the recent panic-like tail-spins on Wall Street, but says that the economy is on the way to recovery. One comment held that Greenspan was finally able to let out how he feels about what's going on, without shrouding his opinion in economic jibber-jabber.
"For once he really spoke his mind. He usually tends to obfuscate things quite a bit."
But really, how many of you expected Greenspan to say anything other than "the fundamentals are in place for a return to sustained healthy growth"? Does Greenspan actually feel this way? Could it be that he is actually majorly pessimistic, but is using his soothing sweet-song voice and obvious clout and earned respect to somehow buck recent trends? Bush's speech didn't do much for our faltering economy, but will Greenspan's? Can one man's mere words possibly change the course of history? Well?
posted by Hammerikaner
on Jul 16, 2002 -
Oooh, Martha's in trouble...
Looks like her ex-boyfriend may have tipped her off to some insider information (and subsequently got popped
). News of the incident has caused Martha Stewart Omnimedia stock to drop. Not a Good Thing.
posted by shecky57
on Jun 12, 2002 -
Fake profits are causing the stock market to descend. Could someone explain to me the meaningful difference between Enron and Amazon.com?
One company recently reported fake profits of $5 million, while having billions in debt. Enron, well...no profits either, and billions in debt. So why is Amazon.com considered "promising"? Enron had a revenue stream too.... Prediction: Amazon.com's stock will be "revalued" sharply lower as people get lucid about real profits and as the accounting/profit scandals spread.
posted by ParisParamus
on Feb 4, 2002 -
The Catch with Wells Fargo's Share Builder
Some of you may have seen Wells Fargo's ads touting $4 per transaction and unlimited transactions for $12. The main catch is that you cannot trade every day. From their FAQ- "ShareBuilder trades can be made the first, second, third or fourth Tuesday of each month. You select which day you would like your trade to take place when setting up your ShareBuilder Plan. In the event of a month with five Tuesdays, no ShareBuilder trades will take place on the fifth Tuesday."
When the rest of the world is going to real-time trading, why do you think Wells Fargo is pushing this? Do you think it is deceptive that this is not mentioned up-front?
posted by SandeepKrishnamurthy
on Dec 12, 2001 -
The Tech Effect.
I'm curious what you all think about how this attack will affect the world of technology, and business. Will office applications become more decentralized
and will we see more workers and small businesses become "free agents"
or work at home? And will cell phones become even more ubiquitous
(even cell-luddites like myself may be reconsidering)?
posted by owillis
on Sep 16, 2001 -
Suspicious Trades? U.S. and British intelligence agencies are investigating if there were links between bin Laden and some trades in securities futures in the United States and Europe before and after the attacks.
I haven't heard this mentioned before, but it's another horrible thought. Spotted on Japan Today
posted by curiousg
on Sep 16, 2001 -
An idea to support the U.S economy.
The suggestion is that everyone American should buy 10 or 20 shares in their favourite stock on Monday, and in doing so support their country in the time of crisis. It sounds like a good idea to me. (The story is at the bottom of the page)
posted by Atom Heart Mother
on Sep 14, 2001 -
What ever happened to ultraprosperity?
This 1999 article written on the middle of dotcom stocktopia may make you laugh, cry or keep scratching your head, at least. Now, where's the "ultraprosperity" we were promised when we need it the most - right now- us balancing in the verge of recession, burst bubbles and nonstop layoffs?
posted by betobeto
on Aug 4, 2001 -
is the misunderstood love of owning stocks and bonds that shouldn't be worth anything anymore. So why not make a business
out of it? I'm just glad to see that e-toys
is doing good once again.
posted by samsara
on Jun 26, 2001 -
Can you say fraud
? Can you say it twice
? As strange as it seems, these two are related. After Kurzweil's fraud was finally revealed, the top two execs went to jail
, but there was some question about what was going to happen to the company. Well, what goes around comes around. Lernout and Hauspie bought out Kurzweil Artificial Intelligence. It seems like they picked up the corporate culture, too.
posted by Steven Den Beste
on Dec 20, 2000 -
who sent millions of e-mails around the world falsely stating shares in an American company would rise 900 per cent was today sentenced to two years in jail. The charges filed are believed among the first of their type made against anyone in the world.
Mr Hourmouzis had pleaded guilty to two charges of making a false statement on the Internet.
posted by murray_kester
on Oct 29, 2000 -
"I wasn't doing anything wrong..."
So says Jonathan Lebed, the 16-year-old who paid out $285,000 to the SEC to settle his pump-and-dump case. His father agrees: "He earned it. He did a lot of work. He didn't sit behind a garage smoking pot, or stealing wheels off a car." Yeah, right: after all, he bought his parents a Mercedes with the profits of his stock manipulation.
posted by holgate
on Oct 22, 2000 -
relaunches as probably the most boring, blase portal site I've ever seen and their stock goes up
? Is it just me, or does it look like they bought the site from "Al's Do It Yourself Portals"?
posted by owillis
on Sep 25, 2000 -
It seems to me that this kid
is only getting in trouble because a bunch of people are sore losers. Aside from the legal trappings that they used to frame him, don't you think that people stupid enough to take financial advice via postings on Yahoo (or other sites) shouldn't whine when they turn out to be bogus? thoughts?
posted by ooklah
on Sep 22, 2000 -