black swan redemption

black swan redemption

for day
for night
i'm praying
for the sacred redemption

redemption comes
just as seldom as
appearance of black swan

black swans stroll around
frequent and unperceived

since we are
are busy praying
for appearance of
the black swan

Michael Nyman

Amazing Grace

Leann Rimes - Amazing Grace

this version is a little bit overdone....

越人歌

今夕何夕兮？搴舟中流。
今日何日兮？得与王子同舟。
蒙羞被好兮，不訾诟耻。
心几顽而不绝兮，得知王子。
山有木兮木有枝，心说君兮君不知。

Duvel

The best foam I've ever seen. And incredible taste. Highly recommend.

Chimay Trappist

Taste its Bleu today. A wonderful ale. Very complex flavor. Even better than Newcastle. Prepare to begin my Belgian beer tour.

Check out this guy

http://www2.tepper.cmu.edu/afs/andrew/gsia/meltzer/

Trend is your friend

Pitbull

by Martin Schwartz

An intraday trader who reminds me of myself. Thanks to his big mouth, we can see the pros and cons to be an intraday trader. Besides that, no much useful information is provided.

What remains unchanged since the very first day of financial world is people's desires

"After I decided to make markets a career, I realized that mass psychology is what they're all about."
- Robert Prechter

My 400th book

checked out from CU lib, happens to be Andrew Lo's "Hedge funds".

Feed the money cow

Just find a good Microsoft Outlook plug-in Xobni. It's another business model for start-ups. Create the suitable "food" for cash abundant magnates and wait to be preyed.

Way of the turtle

by Curtis Faith.

The cover of this book is a little too fancy which makes me think it's just another bluffing popular reading. However, as I go through the details, I find my rash judgment almost let me miss a great piece.

To be frank, this book doesn't provide too many practical skills. But what Curtis tells is enough for any reader to figure out many reasonable trading rules. Those general principles also avoid the "overoptimization" problem defined in the book. As a trader, Curtis's opinions are helpful as well as unbiased. Crystal and objective. This, I think, mostly comes from his deep understanding about the trading activity.

A must-read.

Credit crisis

Happy planet

mavaron's craps on investment - IV

(1) "Stock market is a postmodern creation to avoid communism and pursue full employment."

(2) "Breaking a rule is more important for a rule than simply obeying it."

Comment: What you don't believe weighs more than what you believe.

(3) "What matters is how you define risk, but not how you hedge it."

(4) "Theorists try to capture volatility while practitioners create it."

Comment: In modern world, innovative investment strategies are important.

(5) "The only shortcut to save a huge loss is to create another huger loss to save."

Comment: No matter what situation you are in, stay calm and cool.

Information age

Hedge Hunters, by Katherine Burton

In my opinion, shy to Market Wizards series and Inside the House of Money.

Claudia's Song

Main theme of Clint Eastwood's Unforgiven

The strategy in current market

Pure directional bet seems to be risky. Bull can be hurt by timing, and bear can be hurt by long term turnaround. I suggest convergence trading strategy. Find good pairs in financial, retailing, service, conglomerates and technology sectors.

And look into their fundamental details first.