Energy Opportunity

Oil futures had a knee-jerk reaction today as the market factored in a decline in air travel and jet fuel consumption.  Since many hedge fund managers trade energy ETF’s as if they were proxies for oil futures, this may provide an opportunity.  The reaction is based upon a directional decision, not an assessment of the […]

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Fun with CNBC

Financial offices and trading floors have CNBC on in the background, and we’re no different.  Like many who are serious about markets, we miss the old days when the proportion of financial news was higher and you had to know the ticker symbols on the tape. Most of us have the sound on mute so […]

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Steven Levitt and Two Poles of Research

Steven Levitt and his team of researchers made an appearance at the recent North American Bridge Championships in Chicago.  He was conducting research that was vaguely described to some of my participating friends as the transferrability of knowledge from one card game to another.  The experiment was quite interesting, and I look forward to his […]

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