The Latest

  • Gran Hundo Fundo
    Posted by on July 11th, 2015 at 11:39 pm

    I am riding a 62.5 mile bike ride today.  Taking off from Wilmette, IL and headed up to Kenosha, WI.  The weather has been a […]

  • Want to Know How to Stop a Centralized Bureaucracy? Math.
    Posted by on July 11th, 2015 at 9:00 am

    My friend Mark Glennon runs Wirepoints. He was on a radio show recently talking about public pensions. Public pensions have bankrupted the state of Illinois, […]

  • Should Monuments Featuring Confederates Remain?
    Posted by on July 10th, 2015 at 7:57 am

    All the hubbub of political correctness and revisionist history being spun over the last couple of weeks doesn’t surprise me. In this day of 24/7 […]

  • St. Louis Cab Companies And Ed Domain
    Posted by on July 9th, 2015 at 7:40 am

    I wanted to do a short blogpost about a person I know today.  Ed Domain went to the University of Illinois, and got involved with […]

  • Utter Manipulation
    Posted by on July 9th, 2015 at 7:25 am

    Chinese shares are up over 5% today.  I didn’t have any positions in any Chinese companies or indexes.  I was short some option premium, so […]

  • Capitalism Hits The China Market
    Posted by on July 8th, 2015 at 7:26 am

    If you are a behavioral economist, you might start studying the Chinese stock market.  That market might have data in it that could make the […]

  • “There Won’t Be Anyone Like Me Anymore”
    Posted by on July 7th, 2015 at 10:31 am

    Yesterday, CME closed all the futures pits on all the trading floors they own. Here is the close in the Eurodollar ($GE_F) pit. I started […]

  • Grexit Feels Like a Pro Draft
    Posted by on July 6th, 2015 at 7:22 am

    Greece voted NO.  They didn’t like the terms of the deal with the EU and IMF.  Cool.  Now they figure out a way out of […]

  • Sunday Funday
    Posted by on July 5th, 2015 at 10:21 am

    Lately on Sundays I have been going to a 2.5 hour Yoga class.  It’s pretty intense.  I am getting ready to bike over to it […]

  • A House Divided
    Posted by on July 4th, 2015 at 8:52 am

    Happy Birthday America. Last night at a dinner party we had some interesting conversation.  Thought I would share it with you and would like to […]

  • How To Save Big on Trading Costs And Put Money In Your Pocket
    Posted by on July 3rd, 2015 at 10:06 am

     I don’t own any seats at any exchanges anymore, but I used to.  When I traded Eurodollars ($GE_F) at $CME back in the late 80s […]

  • Titles Don’t Matter Anymore
    Posted by on July 2nd, 2015 at 7:52 am

    When I was younger, titles impressed me.  I have met all kinds of people in my life.  The chattering class is all about titles.  But, […]

  • Greece: How Did We Get Here?
    Posted by on July 1st, 2015 at 7:35 am

    In case you are wondering, Greece is a classic case.  The country reminds me of the line, from Ernest Hemingway “How did you go bankrupt?” […]

  • Are Precious Metals Manipulated?
    Posted by on June 30th, 2015 at 8:11 am

    I read this and posted it.  As a Chicago trader, the stories we heard about the COMEX floor were legendary.  By legendary I mean about […]

  • Greece and Traditional Hierarchy
    Posted by on June 29th, 2015 at 8:31 am

    The Greek people have lost all hope. They feel like they have nothing. Banks are shut down, and they are unable to wire money anywhere. […]

  • Greece and the US
    Posted by on June 28th, 2015 at 9:46 am

    The high drama in Greece is happening now.  It’s pretty hard to predict what’s going to happen.  Markets aren’t open right now, so it’s hard […]

  • If You Are Successful, Sometimes You Will Piss People Off
    Posted by on June 27th, 2015 at 7:25 am

    This made me smile for a lot of reasons. First, I was a judge at Startup Weekend when Jimmy presented WeDeliver as a “company”.  It happens, […]