LinkFest

Some of my research got mentioned in the new issue of the New Yorker. You can find the article here: “That Uncertain Feeling“. Although the author makes it sound like the reason markets are more volatile when they are declining is that traders are chasing losses – which I disagree with. I think it is simply that people are fearful and using a different part of their brain – namely, the flight response.

Here is some more on the psychology of losing.

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PTJ’s new quant fund Tensor is having a great year.

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The first shipping ETF launches.

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AllAboutAlpha has an article about Lo, and I must say I am more excited about his upcoming book The Heretics of Finance: Conversations with the Leading Practitioners of Technical Analysis than any other book in a long time.

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Nice graphic of voter turnout by age.

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The best photos from the Olympics.

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China is probably a great 6-12 month buy here. I remember an academic paper that tracked the results of local stock returns following hosting an Olympics, and the excess returns were high. Email me a link to the paper if you can find it.

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I thought Tropic Thunder was fantastic, especially Robert Downey Jr. Great recent interview in Rolling Stone here.