Is Testosterone Bad for Traders? Written By: David Neubert 2008-04-15 11:12:51 Zubin Jelveh at Portfolio.com combines research on the disadvantages of testosterone in traders. He goes as far as to suggest that traders take female hormones to become better risk managers. It looks like he's never been a trader.
I, for one, can attest to all the disadvantages of testosterone in my life. Premature baldness, extreme aggressiveness, attraction to competition and likely and early death are all things I worry about in relation to my overproduction of testosterone.
Is This the Worst Crisis Ever? Written By: Eben Esterhuizen 2008-02-26 00:44:20
I'm not going to pretend to know how to pick a bottom for stocks, but if we dissect the anatomy of a bear market we might understand why stocks markets eventually recover.
John Thain to Takeover at Merrill: I'm a Buyer Written By: David Neubert 2007-11-14 16:22:24 Well it turns out Joe Capone is wrong after predicting to me months ago that John Thain would run Citigroup after Prince was fired. But he's not that wrong because after watching Thain's interview on CNBC I'm sure he was offered the job and chose Merrill instead.
Knowning that Thain worked in Mortgage Backed Securities at Goldman and the fact that he got to see the books of Merril before he took the job were two factors that made me buy Merrill Lynch (MER - $57.88 close) in the aftermarket today at $58.15. I don't think Thain would have taken the CEO job at Merrill if he didn't figure out that the mortgage positions there are managable.
Merrill Lynch is trading cheap, so I'm getting one of the best private wealth management franchises in the world at a bargain.
Besides, now that I've trimmed my broker exposure a bit, I'm putting it back up with Merrill. Now I feel like I own them all. Might Merrill go down before it goes up? It the absense of further bad news, I'm likely to be a buyer if it does.