• September 26, 2011

    The document is "Don't stop believing: The state and future of UK occupational pensions" by Con Keating. Overview It seems to me that pensions are hard.  Me, I just [...]

  • September 9, 2011

    Mark Buchanan in The Physics of Finance has another great post called "Of hurricanes and economic equilibrium". The Efficient Market Hypothesis has been beaten up quite a lot lately, [...]

  • September 6, 2011

    Human logic is more like quantum logic than formal logic. The Physics of Finance in "Quantum thinking" points to an article in New Scientist (actually the cover piece) about [...]

  • September 4, 2011

    Deus Ex Macchiato has a brief post called "Prices as modified Schelling Points".  It is a cute little idea about how markets work. I had known of the concept [...]

  • August 31, 2011

    Dan Ariely has a post called "Asking the right and wrong questions" about financial advisors.  It starts off with: For the most part, professional financial services rely on clients’ [...]

  • August 30, 2011

    Mark Buchanan has a piece on Bloomberg called "Sand in the machine the key to stable markets". This is an introduction into the idea that market efficiency is at [...]

  • August 24, 2011

    The Barron's article "Hitting the Switch on New Circuit Breakers" describes a backtest of the proposed new rules for circuit breakers in American markets. All trades for 2008 through [...]

  • August 21, 2011

    100 years ago today a small, rather obscure masterpiece was stolen from the Louvre by a disillusioned former(?) employee.  Subsequently: the painting was recovered during an attempt to sell [...]

  • August 20, 2011

    From Saturday Morning Breakfast Cereal: Hat tip to This is the Green Room Subscribe to the Portfolio Probe blog by Email

  • August 8, 2011

    To fix a broken market. The exercise Some teachers of quality control present their students with a series of pictures like Figure 1. Figure 1: Center the process on [...]