Channel 4 tonight - how to be a billionaire!
You need to get more than a few swing trades in for that!
...and it just got me thinking...how many traders have made seven figures on betfair? I haven't (yet) (but I dont think its impossible)?
regards
Peter
Stuff to watch
Success without stress - from the point of view of a buddhist monk. It a 47min video but I enjoyed watching it.
https://www.youtube.com/watch?v=ZZvrIUmUbqw
https://www.youtube.com/watch?v=ZZvrIUmUbqw
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
Found by Mark Iverson, an interview with Andrew Black from back in the day:
http://markiverson.com/back-to-black/
http://markiverson.com/back-to-black/
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
Very much so, especially watching it in light of the last 6 years or so. Mark thought it was from around 2008 which would seem about right to me, would you agree Peter?
The line "we are different" stuck out. The bit about SoftBank was also interesting with regards to the smaller investors.
The line "we are different" stuck out. The bit about SoftBank was also interesting with regards to the smaller investors.
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steven1976
- Posts: 1744
- Joined: Tue Jan 19, 2010 6:28 am
On a different note. Top gear special was nice the past 2 episodes. Will give an idea of where I make my millions! 
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steven1976
- Posts: 1744
- Joined: Tue Jan 19, 2010 6:28 am
On a different note. Top gear special was nice the past 2 episodes. Will give an idea of where I make my millions!
Nice summary of some elements of Human Psychology and risk
http://www.youtube.com/watch?v=w-CK8VxMz9g
http://www.youtube.com/watch?v=w-CK8VxMz9g
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Biedermeier
- Posts: 5
- Joined: Thu Mar 06, 2014 8:53 pm
Interesting video.Euler wrote:Nice summary of some elements of Human Psychology and risk
http://www.youtube.com/watch?v=w-CK8VxMz9g
What he say at 6mins17secs is quite sobering: 'Two hours of sedentary behaviour is = -1 microlife.'
I work and trade standing up, for that reason. A typical desk worker can expect to burn 147 calories standing up vs. 78 calories sitting down. Those numbers are not exact, but they're close enough. And over the weeks/months/years the difference is staggering. Not to mention the postural and joint benefits.
It surprises me that more people don't try it.
Topical one this given the intermittent speculations peppered through the forum of late about bots and possible Betfair ‘insider trading’ activity.
Michael Lewis is on 60 Minutes tomorrow night to talk about his new book, out on Monday, called ‘Flash Boys: Cracking the Money Code’.
http://www.amazon.co.uk/Flash-Boys-Mich ... flash+boys
CBS give a sneak interview preview:
Steve Kroft: “So what’s the headline here?”
Michael Lewis: “The stock market’s rigged. The US Stock Exchange, the most iconic stock market in the globe, is rigged”.
Yep, as you may have inferred Lewis' new book is about the unfair advantages of HFT in the market.
While at first blush his answer may seem a little OTT, high profile figures in the US are making their overtures heard of late on the unfair advantage that speed is giving. The New York Attorney General recently said U.S. exchanges should not allow traders to obtain pricing information fractions of a second earlier. While Goldman Sachs in a Wall Street Journal Op-Ed endorsed this, pointed to creating stronger safety net of controls for – among other things – making sure market data is disseminated to all market participants at the same time.
Of course what underlies his answer and the book itself is apparently more than just the raw speed aspect and given speculations about BF I thought this line was poignant – the smoking gun if you will that got the investigation rolling:
“Lewis says a former trader at the Royal Bank of Canada in New York, Brad Katsuyama, figured this out after he consistently failed to have his entire order filled at the price he wanted.”
Hhhmmm! Should make for an intriguing view/read!
Michael Lewis is on 60 Minutes tomorrow night to talk about his new book, out on Monday, called ‘Flash Boys: Cracking the Money Code’.
http://www.amazon.co.uk/Flash-Boys-Mich ... flash+boys
CBS give a sneak interview preview:
Steve Kroft: “So what’s the headline here?”
Michael Lewis: “The stock market’s rigged. The US Stock Exchange, the most iconic stock market in the globe, is rigged”.
Yep, as you may have inferred Lewis' new book is about the unfair advantages of HFT in the market.
While at first blush his answer may seem a little OTT, high profile figures in the US are making their overtures heard of late on the unfair advantage that speed is giving. The New York Attorney General recently said U.S. exchanges should not allow traders to obtain pricing information fractions of a second earlier. While Goldman Sachs in a Wall Street Journal Op-Ed endorsed this, pointed to creating stronger safety net of controls for – among other things – making sure market data is disseminated to all market participants at the same time.
Of course what underlies his answer and the book itself is apparently more than just the raw speed aspect and given speculations about BF I thought this line was poignant – the smoking gun if you will that got the investigation rolling:
“Lewis says a former trader at the Royal Bank of Canada in New York, Brad Katsuyama, figured this out after he consistently failed to have his entire order filled at the price he wanted.”
Hhhmmm! Should make for an intriguing view/read!
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
Last weeks bang goes the theory was on 'big data' quite an interesting 30 mins of tv.
Available on iplayer until 05/05/14.
Available on iplayer until 05/05/14.
here's the full interview.. thanks for the head upPost by puravida1 » Sat Mar 29, 2014 2:53 pm
Topical one this given the intermittent speculations peppered through the forum of late about bots and possible Betfair ‘insider trading’ activity.
Michael Lewis is on 60 Minutes tomorrow night to talk about his new book, out on Monday, called ‘Flash Boys: Cracking the Money Code’.
http://www.cbsnews.com/news/is-the-us-s ... et-rigged/
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
Jockey School - Thursday 3rd April 10pm Channel 4
Three teenagers with troubled backgrounds enrol at the toughest jockey school in Britain. Can discipline, hard work and a love of horses give them a fighting chance of a better life?
Three teenagers with troubled backgrounds enrol at the toughest jockey school in Britain. Can discipline, hard work and a love of horses give them a fighting chance of a better life?