tag:blogger.com,1999:blog-34323687.post4931476517759390338..comments2024-03-29T12:26:35.581+00:00Comments on Macro Man: Trading and SportsMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-34323687.post-51823534214090214452009-08-06T23:10:58.288+01:002009-08-06T23:10:58.288+01:00The Masked Financier (that's me) is looking to...The Masked Financier (that's me) is looking to educate the world about investing through Texas Holdem Poker. Hence the concept of Texas Holdem Investing.<br /><br />That's because I think that many of the complexities of investing can be explained and simplified and learnt through the prism of poker.<br /><br />But I do always really get enthusiastic when others use mediums that are well understood by everyone (apart from poker, which I'm using!) to explain investing.<br /><br />And the macro man has done a brilliant job here.<br /><br />I'm going to blog about it myself because I think it is an exceptional way of showing people about the mentality needed for investing in a language they understand.<br /><br />After all - everyone plays fantasy football (and baseball, and basketball!).Texas Holdem Investinghttp://www.texasholdeminvesting.comnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-87595835250126873212009-07-28T16:19:43.189+01:002009-07-28T16:19:43.189+01:00Oh dear....dodgy consumer confidence and it's ...Oh dear....dodgy consumer confidence and it's all looking suddenly wobbly. Meanwhile, <a href="http://online.wsj.com/article/SB124879089698686945.html" rel="nofollow">The EU's fixin' to slap some tarriffs on Chinese steel</a>....let the games begin, baby!Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-5952446196688441522009-07-27T20:56:39.590+01:002009-07-27T20:56:39.590+01:00That could be a very, very useful player. Do it i...That could be a very, very useful player. Do it in a platoon role of ~250 AB with 35 BB and 20 2B. As a baseball GM I happily shall take .230/.370/.600 in a part-time role any day of the week, and even pay well for it. I will, however, aim for the Branch Rickey trick of trading that player roughly a year before he falls of the cliff.wcwhttps://www.blogger.com/profile/16307608293310560164noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-41216097593463319252009-07-27T19:05:21.191+01:002009-07-27T19:05:21.191+01:00This "debt dogs" article sums up the cur...This "debt dogs" article sums up the current situation nicely. This market is like the aging slugger who bats .230 but still hits 25 home runs a season, pretty soon it is going to be .175 and 150 strike outs.<br /><br />When risk trades are finally turned off it will be a swift reversion:<br /><br />http://www.bloomberg.com/apps/news?pid=20601039&sid=aJb1jTW._VEMleftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-83722545683499105602009-07-27T18:18:06.015+01:002009-07-27T18:18:06.015+01:00I'd agree finance is littered with ex-jocks. ...I'd agree finance is littered with ex-jocks. However, there is nothing "ex" about the geeks in finance. Being a dork from primary school through college is not exonerated by getting a job trading derivatives. You just become a highly compensated dork with a nice car and a girlfriend who is doing the ex jocks on rival firms desk behind your back.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-36681391146420925062009-07-27T17:56:53.985+01:002009-07-27T17:56:53.985+01:00TRY?TRY?ECnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-1072910549420493882009-07-27T17:24:15.039+01:002009-07-27T17:24:15.039+01:00MM, check out the first associate on the page. Gue...MM, check out the first associate on the page. Guess i'll have to save a draft pick for when Tyler Hansbrough wants to be a trader.<br /><br />http://www.ledgemontcapital.com/Team/OurTeam/Associates.htmlMarcellohttps://www.blogger.com/profile/04829903797811459531noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-69900789995016549172009-07-27T16:05:52.380+01:002009-07-27T16:05:52.380+01:00MM,
Care to get the polls out again for the MM un...MM,<br /><br />Care to get the polls out again for the MM universe? Was thinking SPX and 10yr Fut by Aug expiry.<br /><br />DCAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-32191023795178635892009-07-27T14:44:06.067+01:002009-07-27T14:44:06.067+01:00If finance is a sport, GS/JPM are the guys who &qu...If finance is a sport, GS/JPM are the guys who "captured" the referees.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-55990425012285054082009-07-27T14:20:17.131+01:002009-07-27T14:20:17.131+01:00macro man, when you select your team, pay special ...macro man, when you select your team, pay special attention to the goalkeeper. if u screw up that one, even cristiano and lionel won't do any good ;)andriyhttps://www.blogger.com/profile/18318421694302298784noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-54160074765862200712009-07-27T13:53:07.048+01:002009-07-27T13:53:07.048+01:00your so poetic MMyour so poetic MMAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-56307226163135978802009-07-27T12:21:28.961+01:002009-07-27T12:21:28.961+01:00I've said this before here. Just go long ever...I've said this before here. Just go long everything. Keep your stops tight, but long everything except the USD. It's obviously buying season, and nothing of any fundamental concern is worth any thinking whatsoever, because the markets just don't care.<br /><br />Why fight it? Just buy everything - free money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-41171696601205923632009-07-27T12:15:30.378+01:002009-07-27T12:15:30.378+01:00Yes, but have gone from deep value mid caps circa ...Yes, but have gone from deep value mid caps circa end of last year and beginning of this one and busted credit to indices only. Now I wouldn't even lift less liquid futures (Malaysia, Indonesia anyone?). I am vaguely concerned that there are a lot of people with tight stops out there, but that just makes me feel less retarded about laying a deuce on all those out of the money puts because when it goes it should go hard. Aluminum at 82 cents - WTF.Nemo Incognitohttps://www.blogger.com/profile/07345185457108156269noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-62592365603838348312009-07-27T12:11:09.503+01:002009-07-27T12:11:09.503+01:00Long equities?Long equities?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-61771520691505890712009-07-27T12:08:02.467+01:002009-07-27T12:08:02.467+01:00Short 2yr futures is working out nicely though.......Short 2yr futures is working out nicely though..... more China property op-eds etc etc. The further up the river Ponzi I sail the louder the drum beat of monetary tightening.<br /><br />http://www.caijing.com.cn/2009-07-27/110214273.htmlNemo Incognitohttps://www.blogger.com/profile/07345185457108156269noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-58858553961151459812009-07-27T11:58:30.666+01:002009-07-27T11:58:30.666+01:00Short oil. Ignoring the fundamentals for weeks now...Short oil. Ignoring the fundamentals for weeks now. <br /><br />LB's portfolio XI, The Green Back Rangers, is playing like an entire team of high-priced under-performing Shevchenkos.leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-56452539497307981222009-07-27T11:24:45.359+01:002009-07-27T11:24:45.359+01:00I believe Lance Armstrong has tried trading in pas...I believe Lance Armstrong has tried trading in past winters. I guess he now believes it's easier to ride around France for 3 weeks in July (even as a TDF veteran) than win at this trading game.Unknownhttps://www.blogger.com/profile/01187416648160477630noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-26760574488553749972009-07-27T11:24:08.051+01:002009-07-27T11:24:08.051+01:00Vince Lombardi! Thats the guy! Mourinho inspiratio...Vince Lombardi! Thats the guy! Mourinho inspiration for sure!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-54782726174429151612009-07-27T10:58:52.161+01:002009-07-27T10:58:52.161+01:00No, although I do have that, it is performing as e...No, although I do have that, it is performing as expected in the current environment, so no complaints.Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-18605362569111290572009-07-27T10:52:46.685+01:002009-07-27T10:52:46.685+01:00let me guess.. short gold?let me guess.. short gold?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-64728537884891305602009-07-27T10:12:36.199+01:002009-07-27T10:12:36.199+01:00Nine days and counting. This is like a drunk guy s...Nine days and counting. This is like a drunk guy swinging from the knees and taking out trained fighters like msft and amzn.<br /><br />HAnonymousnoreply@blogger.com