Mr Davis delivered another fascinating insight into the often murky and little understood world of high finance. His mission tonight – to shed some light on the intriguing world of the “Hedge Fund”.
Hedging basically means managing your risk. Risk management is fundamentally about transferring the risk (there’s more to it than that, but for the [...]
In February 2007 The Royal Bank of Scotland’s share price stood at over £7:00. It was valued at £75bn. With Sir Fred Goodwin at the helm it seems as though the bank could do no wrong. They were aggressive in the lending and innovative in their product development. They were undoubtedly the darling of the [...]
Being a ‘city boy’ myself (albeit far removed from the dickhea*ds depicted in this blokes book), I did used to read ‘City Boy’ in The London Paper. And I did find myself rather enjoying his rants. I was admittedly mildly excited when he decided to ‘out’ himself. Since then, however the guy has really got [...]
Tonight’s episode of Million Dollar Traders finally began to show some promise. We have now been introduced and begin to get to know the 8 ‘traders’. It’s becoming clearer which of the bunch are showing natural flair and its becoming even clearer which of them we should fade at every opportunity.
Poor old Simon, probably selected [...]
Tonight BBC2’s “city series” featured a fascinating documentary presented by the appealing presenter of the Dragons Den – Evan Davis.
“The City Uncovered” presented a logical and sometimes frightening account of how the global banking crisis unfolded. Ex CEO of Northern Rock, Adam Applegarth and Dick Fuld of Lehmans Brothers were presented as the villains of [...]
Last night, a new BBC2 reality TV show aired its first episode. Million Dollar Traders, the brainchild of a former Goldman Sachs director – Lex Van Dam. I watched with interest, in fact, I remember a colleague forwarding me the application for the show. I didn’t apply – mainly because I have some trading experience [...]
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I am a stock trader and a blogger. This blog is a transparent and honest account of my stock trading journey. I trade the FTSE350 stocks on an End of Day Basis. Read more... | ||||||||||
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