September 15, 2011
Published by Kuppy at September 15, 2011
Categories
Over the years, I’ve invested in all sorts of companies around the world. Some investments have worked, some haven’t. At all times, I try to learn from my mistakes—the more expensive, the more memorable. If you do not learn, you will continue making the same mistakes. Which brings me to a comment from a successful friend, also smarting from Barclays Bank PLC iPath Inverse Read More
Categories: Investments
Positions Mentioned:
September 8, 2011
Every year, near the end of August, I go on the family canoe trip. Normally, it’s been in the Adirondacks, convenient for my parents, less convenient for me. This year, we decided to mix it up and go canoeing in Lake Baikal—or at least that was the plan. Let’s just say that the Russians take their visa process very seriously if you are an Read More
Categories: Travels
Positions Mentioned:
August 10, 2011
Published by Kuppy at August 10, 2011
Categories
When I was a kid, we used to play Clue Jr. It’s the game where you have to guess who committed the crime where and with what weapon. Then, when I grew up, I started to play Clue Jr—Finance Edition. That’s the game where you try to figure out who left footprints all over the market as they rapidly tried to unwind some product. Read More
Categories: Comments On Events
Positions Mentioned:
August 8, 2011
Published by Kuppy at August 8, 2011
Categories
I’ll be quick as there’s a lot of stuff to follow today. As long time readers know, I have a short position in Barclays Bank PLC iPath S&P 500 VIX Short-Term Index Futures ETN (VXX: AMEX). It is a product structurally designed to decay to zero. The problem with being short VXX is that from time to time, it spikes substantially. When that happens, even a Read More
Categories: Investments
Positions Mentioned:
Inhuman Volatility…