Via Steinn, who got it from CR, this delightful story of how people are now so scared of losing unknown amounts of money they are prepared to sign up to a certain but small absolute loss (and thats neglecting inflation)....
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Posted on December 10, 2008 6:10 PM • 0 Comments
REM, of course. Or perhaps more appropriately, Its the end of the world as we know it (and I feel fine). I won't elaborate on the I-feel-fine for the sake of not tempting fate, not that I'm superstitious mind you....
Posted on October 13, 2008 3:54 PM • 1 Comments
Just a minor addition to the vast streams of pap being written and spoken about the current crisis (what crisis?). Inspired by watching financial TV in my hotel room. Iceland seems to have sold itself to the Russians "We have...
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Posted on October 8, 2008 5:00 AM • 0 Comments
Scenario one: you borrow some money. You exchange the money for shares. The shares go up, you exchange the shares for more money than originally, and so pay back the loan and you have a profit. If you get it...
Posted on September 18, 2008 5:02 PM • 8 Comments
Make an impact. Engage your passion. Realize your potential. Around the world, the Lehman Brothers team is growing. Explore these pages to learn how you can build a career with us, and experience Lehman Brothers for yourself. Oops. Update: now...
Posted on September 14, 2008 5:16 PM • 3 Comments