How is it that the Celtics are only trading at slightly better than even odds to win the NBA title? From Tradesports:
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Brits turning down free money.
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Samuel Israel clearly faked it and made a run for it. It reminds me of some the the great financial thrillers by Paul Erdman (The Set-Up).
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Buffett hates fees – his bet against hedge funds. I remember having to read Clock Of The Long Nowin college.
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I know some friends that could use this: Sheep flatulence inoculation developed.
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New book in the mail: Beating the Market, 3 Months at a Timeby Appel and Appel.
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A new asset class – investing in horses?
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Apparently after Charlie Munger gave his “Psychology of Human Misjudgement” talk at Harvard in 1995 he passed out copies of this book.
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In the NYTimes Monday – “The Social Sciences Top 5“. I don’t think I’ve received a star since I was in kindergarten.