Archive
Category: Holy Grails
- August 15, 2014The Fundamental News Is Often Made Up; It Is Fake
A friend of mine once relayed a great story: A good friend of mine was once employed as a reporter by the largest commodity news service at the time. One day his…
- July 19, 2014$669 Million Judgement against Refco: Christopher Sugrue, Phillip Bennett, & Thomas Hackl
Phillip Bennett REFCO Informative read: New York (May 02, 2014, 6:27 PM ET) — The special master in the Refco Inc. securities fraud multidistrict litigation on Friday recommended that a New York…
- July 17, 2014100% Useless Information (An Example)
A recent email: Hey Mike, Hope you’re well. I’m sure you’ve come across this before, but in case you haven’t, I thought you might enjoy it. BBC documentary on novice traders. I…
- June 26, 2014Before the Crash Wall Street Week October 16, 1987
No particular reason to post this except that all fundamental analysis sounds the same regardless of decade: More from Michael Covel: Books · Podcast · Trend Following course
- June 1, 2014Two Guys That Have No Clue About Anything: Otherwise Known As Standard Wall Street News
Watch. I like to review the Linkedin profile of these money reporter types. Their CVs are often more informative than words spoken. More from Michael Covel: Books · Podcast · Trend Following…
- May 26, 2014Trend Following Goes Against Established Orthodoxy
Trend following can be a counterintuitive. It goes against the orthodoxy of buy and hold, fundamental analysis, value investing, Warren Buffett, EMH and Federal-Reserve-Trust-the-Government ZIRP policy. Further, it is not day trading,…
- May 21, 2014Leave Your Analysis at the Door
Feedback in: Dear Micheal, I have a question for you that you might be having an answer for it. The question is related to those that try to ignore your market views…