Tuesday, December 29, 2009

Back to the Future - Cave Man Values

Well a stream of thought that is rippling through the social sciences and the blogosphere is the idea of a return to the Stone Age.  Similar to how Joseph Schumpeter theorized that the highest stage of capitalism would start to look socialism, there is an idea that in our current age, society has unshackled the chains of religion and conservative social structure, thus allowing a return to Stone Age Values.
This is similar to Philip K Dick's Golden Man, where human intelligence hits marginal utility and the value of primitive instinctual qualities are on the rise.  No judgement here on my end though, I'm merely observing what I think is the current scent in the wind, the zeitgeist.  It could be wrong, but it sure does fit observation better than the opposite assertion.  Gents... get your spears and get ready to hunt a mammoth.  Happy New Years. =)

Saturday, December 26, 2009

Black Chinese Girl deals with racism in China

The Door Test - Bronx Tale

It's quite amazing how many girls fail this test, I remember seeing scene when I was a kid and it got burned into memory. I've found it is a good indicator of character. Since power doors tend to unlock all the doors even if you just unlock one door with a key, this method is not quite as effective anymore.

This is a variation of what I like to call the 'Reciprocation test'.

Karate Kid Remake w/ Jackie Chan (except without the karate part)

Thursday, December 24, 2009

Russell Brand interviews Milla Jovovich - Great Dynamic

Check out the hilarious facial expressions that Milla throws out when Brand says something awesome. A great example of solid shock and awe banter.

Wierd/Cool Art Game for those Cubicle Warriors out there

So I originally saw this on boingboing.nett and thought I'd share. Check this wierd/cool/funny art game out, keep playing until the end... it's kind of ironic, try a bunch of different things.

Wednesday, December 23, 2009

The other great economist - Joseph Schumpeter

The guy who made the phrase "Creative Destruction" 'more famous', eventually this would be made epicly famous by Theodore Levitt in his paper "Marketing Myopia", has some slices of wisdom from the early 20th Centruy.  His name is Joseph Schumpter.  Check out this wiki article on him, and notice some of the key passages such as the following.

Schumpeter criticized John Maynard Keynes and David Ricardo for the "Ricardian vice." According to Schumpeter, Ricardo and Keynes reasoned in terms of abstract models, where they would freeze all but a few variables. Then they could argue that one caused the other in a simple monotonic fashion. This led to the belief that one could easily deduce policy conclusions directly from a highly abstract theoretical model.

Schumpeter's theory is that the success of capitalism will lead to a form of corporatism and a fostering of values hostile to capitalism, especially among intellectuals. The intellectual and social climate needed to allow entrepreneurship to thrive will not exist in advanced capitalism; it will be replaced by socialism in some form. There will not be a revolution, but merely a trend in parliaments to elect social democratic parties of one stripe or another. He argued that capitalism's collapse from within will come about as democratic majorities vote for the creation of a welfare state and place restrictions upon entrepreneurship that will burden and destroy the capitalist structure. Schumpeter emphasizes throughout this book that he is analyzing trends, not engaging in political advocacy.

Thursday, December 17, 2009

Michelangelo's Easter Egg?

I saw this interesting graphic boingboing.net and just had to share.

Ben Franklin - History has never been so awesome

In this University of Pennsylvania program, Walter Isaacson, president and CEO of the Aspen Institute, discusses the life of one of Americas most influential figures: Benjamin Franklin. In his recent book, "Benjamin Franklin: An American Life," Isaacson reveals the personal life of Benjamin Franklin and all the intricate details of this revolutionary leaders life that have made him unique among a group of leaders. The presentation was given at the School of Arts and Sciences at the University of Pennsylvania.

I particularly like the part about him putting on a raccoon skin cap when he first hits Paris... lol what a smooth move.

Wednesday, December 16, 2009

Racist Haagen Dazs Store

I saw this on boingboing.net and couldn't believe it.  If what is stated is actually true... then this reminds me of the no-chinese signs in Manchuria during the chinese occupation from Bruce Lee's Fist of Fury (Chinese Connection).

The inaugural Delhi outlet of Haagen Dazs (A Danish phrase that means, "Made in New Jersey," apparently) opened with a "no Indians allowed" policy. The sign on the door read, "Access restricted only to holders of international passports." After a public hue and cry, the franchise operator (who is Indian) dropped the policy and claimed it had never existed.

I immediately called Ramit. "You are an international traveler, and you have a passport, so you can go in", I said. Ramit's response was instant: I tried to enter but they said you are not allowed for you don't have an international passport.

I wish that some Indian dude would pull out the move that Bruce Lee does here in the Fist of Fury (USA: Chinese Connection)  movie

Here is some history from Wikipedia about the No chinese allowed parks.

The Public Garden was closed to Chinese people between 1890 and 1928, and according to a popular myth, a sign at the park's gate read "No dogs or Chinese allowed". However, there is no evidence that such a sign ever existed. Period photographs show a very different sign, one listing ten regulations, the first of which was "The Gardens are reserved for the Foreign Community", the fourth being "Dogs and bicycles are not admitted".[1] In any case, the banning of Chinese from Huangpu Park and other parks in China has remained in Chinese public mind as one of the many moments of humiliation by the Western powers in the 19th and early 20th century.

Tuesday, December 15, 2009

Faith Based ETF Funds

So apparently the new hotness in the investing community is FAITH BASED ETF Funds. More specifically Christian Values based funds...  Or in the words of the seeking alpha article....ETFs Find Jesus: FaithShares Launches Three Christian Values ETFs.

 Excerpts from the seekingalpha article:

Over the last several years, ongoing innovation in the ETF industry has led to flurries of new product launches offering exposure to new asset classes and increasingly remote geographic areas. One of the most interesting current areas of new product development focuses on faith-based investing, the concept of considering compliance with religious laws and values when making investment decisions. Earlier this week, FTSE Group and KLD Indexes, a leading provider of environmental, social and governance (ESG) research and benchmarks, announced the creation of five custom indexes to be used for the creation of new exchange traded funds (ETFs). The benchmarks include:
  • FaithShares Christian Values Index
  • FaithShares Catholic Values Index
  • FaithShares Baptist Values Index
  • FaithShares Methodist Values Index
  • FaithShares Lutheran Values Index

I don't know about you guys, but this seems about as valid as the various other approaches out there... it would be interesting to see a Call of Chthulu Hedge Fund.

An interesting though though, does buying puts or selling short these ETF's imply something sinister about you? Will we see long/short combos like going long Catholics but short on the Somali Pirate ETF

Friday, December 11, 2009

Signaling, Counter-Signaling, and Counter Counter Signaling

Like a peacock's tail advertises it's health and vigor, humans signal status through various means.
But the funny thing is, depending on the situation, sometimes NOT signaling is a HIGH LEVEL move.

So I found this interesting paper on signaling, counter-signaling, and counter-counter-signaling.

An idea that Counter-Signaling = Confidence, and that Signaling can be interpreted as Lack of Confidence depending on the situation.

The paper has a decent example using Job Interviewees and signaling grades with the addition of recommendation letters as the additional quality cue.

The paper posits that signaling theory makes more sense if you also take into account the ACTUAL status of the actor in addition to whether they signal or not.

For instance, imagine if the only signaling difference between a low level actor (A), and mid level actor (B), and high level actor(C) is signaling status through conspicuous consumption (bling and flash). If the bling is a weak indicator, it only really separates out the A actor from the group of B and C.  B has to signal because that's the only way he won't be mistaken for an A.  But C is so bad ass that he can afford to NOT signal, because if there are other cues to status, then C doesn't have to signal at all.  So in terms of signaling C looks a lot like A, except for the difference in actual status and the cues that go with that.

For instance, stating you have good grades when you have them may be unnecessary if every other cue about you is solid.  In fact it may be better to not even mention your grades because you know you will have good reviews in addition to the grades when they look at them.

Example:  Actor A has a 1990 honda civic, Actor B has a Mercedes, Actor C has a honda civic... because he owns a G5 Private Jet, he doesn't spend time driving......  Now actor C is truly ballin.

So sometimes BUT not always, signaling is a mid level move....

If the cost of signaling for type B actors is too high then they will NOT signal, thus C type actors will have to signal now because their lack of signaling does not separate them from B actors anymore.

Also in the paper is Counter-Counter-Signaling where... in competition amongst High level actors, sometimes the best move to trump Counter-Signaling is Counter-Counter-Signaling which is just Signaling all over again....this reminds me of the following clip from the BIG HIT

The great part about this is in a later scene in this movie... the Japanese guy busts out a Trace BUSTER BUSTER BUSTER and BUSTS his TRACE BUSTERx2

The paper has a decent example using Job Interviewees and signaling grades with the addition of recommendation letters as the additional quality cue.

The funny thing is this is 'almost' a game theoretic argument for ironic indie-hipster culture.

Best cover of Jason Mraz I'm yours

Wednesday, December 9, 2009

The Best History Lessons - Drunk History Lessons

 Alexander Hamilton

Benjamin Franklin part 1

Benjamin Franklin part 2 (Ben's Got Game)

Oney Judge

William Henry Harrison

I give you drunk history featuring Jack Black, Michael Cera etc...

Tuesday, December 8, 2009

New Theory on Facial Beauty

Here is a set of two videos discussing Dr. Philip Young's theory of Facial beauty called Circles of Prominence. 

I stumbled upon these videos because I had heard Tony Robbins mention something about facial beauty being directly related to the size of our iris. I did a little digging and found the plastic surgeon who told him this, or at least I think this is the guy.  Anyhow it's an interesting theory.  Basically using eye scanning technology they determined that when we look at a human face, we spend a disproportionate amount of time looking at the eyes and the nose.  Dr. Young theorized in his paper Circles of Prominence that ideal facial beauty occurs when the features on the human face are integer multiples of the iris.  The interesting thing about this is that this standard of beauty scales well with various races. Since the basis is the size of your iris it's an interesting theory.  The particular trait that I first heard of was the idea that if your iris is exactly (literally) the same size as the distance between the bottom of your nose and your upper lip, then this was considered by your brain as more beautiful than if it was 1mm off.  He talks about some of the history of the theory of beauty as well in the video.  I must say I am interested in seeing what pops up in the future relating to this theory. 

I decided to test this out using Megan Fox to see how she would fare.

New Prints


As usual, you can find these on my shutterfly account for sale if you want these as puzzles/prints etc.

Thursday, December 3, 2009

Chinese Re-enactment of Tiger Woods Beatdown

So my friend Jamie found this hilarious chinese video on tmz.com and sent it to me.

Somali Pirate Stock Exchange = SPSE

So I saw this crazy article on slashdot.org today about how Somali Pirates are starting up a stock exchange of sorts. This makes me think of future headlines like.... Ninjas rock Somali Pirate Stock Exchange.... Pirate Booty Futures taking a Black Swan Dive.

Excerpts from the article:

"The shares are open to all and everybody can take part, whether personally at sea or on land by providing cash, weapons or useful materials ... we've made piracy a community activity."

The gangs have made tens of millions of dollars from ransoms and a deployment by foreign navies in the area has only appeared to drive the attackers to hunt further from shore.
It is a lucrative business that has drawn financiers from the Somali diaspora and other nations -- and now the gangs in Haradheere have set up an exchange to manage their investments.

Tuesday, December 1, 2009

St. Louis Lambert HDR Cartoony

St. Louis Lambert Airport Shot in a cartoon style.

As usual if you like the image you can buy inexpensive prints here.


I give you  www.boozeandschmooze.com  from Chicago?????

      Created on: 26-Mar-09
      Expires on: 26-Mar-10
      Last Updated on: 19-Sep-09

I don't know if they have ever come across the St. Louis Booze and Schmooze website... but it just looks a little too much like the www.stlboozeandschmooze.com website.

Kelly V's St. Louis Booze and Schmooze

Here we go again with the next Booze and Schmooze on December 4th!

More info here!

Monday, November 30, 2009

Tiger vs Swedish Wife - Sweden Wins

Here is the scoop from TMZ

We're told he said his wife had confronted him about reports that he was seeing another woman. The argument got heated and, according to our source, she scratched his face up. We're told it was then Woods beat a hasty retreat for his SUV -- but according to our source, Woods says his wife followed behind with a golf club. As Tiger drove away, she struck the vehicle several times with the club.
Street Fighter 4 Rendition of Tiger vs His Wife


Saturday, November 28, 2009

Rock Out with your Guitar Shirt

ThinkGeek has done it again with the coolest T-Shirt ever... the Electric Rock Guitar Playable T-Shirt .

Major Chords + # Chords

Now you can purchase one of these fine Electronic Rock Guitar Shirts and get a little wearable ROCK magic for yourself. The Electronic Guitar Shirt is not a toy that plays pre-canned musical riffs, it is a real musical instrument that allows you to play your favorite songs and sound great doing it. All major chords are recorded from a real electric guitar, and the included magnetic pick allows you to strum just like you would a real guitar. The included mini amp clips to your belt and gets plenty loud with great sounding amplification circuitry. The tone knob on the amp lets you adjust the sound just like a real guitar.

Friday, November 27, 2009

Awesome Amazon.com Product Reviews...

So I came across this very interesting item from Smith and Wesson... I found it after randomly stumbling across this forum post from the democraticunderground.com. The item in question is a black 'tactical' ink pen, you know the type you would use to down an assailant when you don't have anything else handy.  Well I thought this was kind of funny since... you know... practically speaking... a standard ball point pen is probably just as effective (although not as cool).  Then I saw this random review off of amazon for the Cristal Stic Ballpoint Pen made by BIC.  Then I started reading the reviews.. and started laughing... the first one is kind of interesting, but the rest just get better and better.

Here are some excerpts:

donniedarko "donnie" (Chattanooga, TN USA) - See all my reviews
Do you recall the old Bic commercials where they fire a Bic pen into a piece of wood and it still writes? Well I do, but I never really believed it. That is, until I had the necessary task of defending my life with the aid of a Bic pen. Coming home and alarming an intruder, I found myself locked in mortal combat with a very large man who was intent on killing me. My only weapon was the Bic Cristal ballpoint pen I routinely carry in the breast pocket of my starched white pinpoint oxford button down.

I was able to successfully insert my Bic Cristal ballpoint pen into the esophogial area of my attacker's throat and incapacitate him until the constables arrived to take him into custody. Paramedics removed the pen from his throat and returned it to me. Rather amazingly, I wiped the blood and a small amount of body tissue from the pen and used it to write my police statement.

Though not commonly considered a weapon of self defense, my Bic Cristal ballpoint pen proved to me the old adage that "the pen is mightier than the sword." (I must admit though, that I would have far preferred a sword had I the option to choose beforehand.) All in all, a five star rating for this dual-use pen.
Ok so that review seems kind of bad ass... then it gets ridiculous/awesome

4.0 out of 5 stars WARNING: Pen barrel is not full of champagne , December 14, 2007
K. Laurie "Writer/Reader" (CA, United States) - See all my reviews

I was so incredibly excited when I saw that Bic had created a Cristal Ballpoint Pen! Long have I lamented the fact that writing makes me terribly thirsty. I thought they had finally listened to my pleas and placed a quick sip of beverage within the barrel. And of Cristal Champagne! I never expected such extravagance! You can only imagine my disappointment when I learned that Cristal refers to the plastic barrel instead.

Still, the pen has never protested my use of it, and has not written any slanderous things about me like my last one. The only reason I am leaving a star off is for the Cristal misnomer.
Then someone talks about their 'intergalactic journey with the BIC pen...

5.0 out of 5 stars Carried me across the universe and back, January 11, 2008
When I decided to run away from home and catch a ride on a falling star, I never knew how handy my BIC Pen would come in. I landed somewhere near the Puonfain Distric in the Saund Galaxy, and without the proper currency I had to get a job.

I filled out the application with my pen, worked for several months until I met a local delivery man. He gave me a ride on his star cruiser to another planet, which I happily explored.

I spent the next 5 years traveling across the universe, hitchhiking, bumming rides off Gorlocks and Pinds, and writing about my adventures with my handy BIC pen.

I also used my pen on occasion to defend myself against attackers, pry open circuit breakers and other obstacles, fix a few things, and amaze a Loiukian who had never seen a pen before.

Then, I fell in love. A kind Murgol with sandy blonde hair stole my heart, and I used my pen to write him a long love letter. He worked hard to save enough money for us to get married, and we both used the pen to write our nuptials and sign our names on the Gorgin Wedding Certificate.

After my 6 year journey, I am pleased to say I am back home on Earth with my Husband, and am expecting my first child. I've published my book, Memoirs of a Celestial BIC Pen, and it's a big seller.

Thanks to this pen, I was able to write my book, several job applications, a few minor notes, some misc. writings, and best of all, it never ran out of ink. Thanks BIC, and my Husband says, in his language, "Bo' Du "Hava Locing." (Goodbye, and thanks for all the fish)

Wednesday, November 25, 2009

Scorpion Kitteh!

World's Larget Gummy Bear

My friend Tim G. sent me this super awesome link to the world's largest gummy bear. You can even buy one for $29.99, its only 12000 calories! WATCH THE VIDEO they have linked there. =)

Zombie Outbreak Simulator

My friend Ian M. sent me this bit of awesome. Check it out here. It's basically a mashup of google maps and zombie AI entities spreading the zombie plague and eating normal people.

You can watch DC get wiped out in like 20 min by 1000's of zombies.

Skyy John interviews Danish Girls

Skyy John interviews Danish Girls

LOL I like how there is a 'buying age' but no drinking age for Denmark.

Best quote "We Hide things" HAHA

Monday, November 23, 2009

Charlie The Unicorn - Don't Talk to the Weasel Charlie!!!

Triple Panorama of Forest Park

Sub Zero Wins - Dog Poop Solution

Take your dog walking into the next millenium with Vapoo-freeze.  Basically take walking your dog + this Freezing Spray in a can. Now you can walk your dog, and not have to use those not so smell resistant bags to pick up dog poop. You can spray it like Sub Zero and freeze it.

After the pooh is frozen you can just scoop it up like a rock.  Sure this may incur an extra step and an extra cost... but I think any dog owner will agree that a solid frozen block >>> not frozen.

Tuesday, November 17, 2009

The Apotheosis of George Washington or The Fresco of George Washington ascending to the rank of GOD

So today my coworker Tom mentioned that he read about something in Dan Brown's new novel, the Lost Symbol.  Apparently there is an interesting fresco in the eye of the Rotunda in the capitol building.
It is title the Apotheosis of Washington. Apotheosis according to the aoc.gov website is "The word "apotheosis" in the title means literally the raising of a person to the rank of a god, or the glorification of a person as an ideal"

After hearing this piece of awesome, I decided to investigate and found the following:
On the aoc(Architect of the Capitol).gov website, there is a page dedicated to the Apotheosis of Washington.   

Here are two of the images from the hyperlink above:

This image shoes various gods such as Neptune, Venus, and angels etc... 

Upon closer inspection you see George Washington sitting on a throne of sorts with a host of angels. Notice his totally sweet sword in his left hand.

Speaking of conspiracy theories... have you guys noticed that there is a giant Pentagram inscribed into the streets of our capitol.

Notice that the center of the pentagram is the National Geographic Society. They probably have the Stargate hidden under that building.


3D Fractal Geometry - The Beauty of the Mandelbulb

So I saw this link off of slashdot today about how they have finally found the solution to the 3d version of the Mandelbrot set.  Check out the pure beauty of the MandelBulb here.
If you don't know what a Fractal is check this out.
For those of you who are unfamiliar, Benoit Mandelbrot (The guy who figured out the Mandelbrot Set) noticed that nature seemed to be lumpy and jaggy. This was different than the ideas put forth by Plato ( who thought that nature was composed of pure shapes such as the solid triangles, circles, and squares) . Mandelbrot later wrote a book called the Fractal Geometry of Nature.  He is also known for figuring out how to price Cotton Futures using his concept of fractal distributions.

Anyhow if you like super awesome pictures... you should totally check this out.

Saturday, November 14, 2009


Venkat over at ribbonfarm.com has done it once again. This time focusing on the different types of language dynamics between Losers, Clueless, and Sociopaths.

I highly recommend the reading of this article, and if you have not read the First Installment of the Gervais principle (The office according to the office) you should read it first.  It's a little long but its also long on awesomeness.

Here is an excerpt from the new article:
Among our three groups — sociopaths, clueless and losers (I have to figure out a capitalization convention), we have four unique languages. Powertalk is the in-group language of the sociopaths, and that’s what we’ll talk about in this post. Posturetalk is the language spoken by the clueless to everybody (they don’t have an in-group language since they don’t realize they constitute a group). Sociopaths and losers talk back to the clueless in a language called Babytalk that seems like Posturetalk to the clueless.  I’ll cover Posturetalk and Babytalk in the next installment (if there is one).  Among themselves, losers speak a language called Gametalk. This is the only language that has been properly studied and documented.
The first is that you have to decide what tactics to use and when, based on a real sense of the relative power and alignment of interests with the other party, which the losers and clueless typically lack. This real-world information is what makes for tactical surprise. Otherwise your application of even the most subtle textbook tactics can be predicted and easily countered by any sociopath who has also read the same book. Null information advantage.
The second reason is that tactics make sense only in the context of an entire narrative (including mutual assessments of personality, strengths, weaknesses and history) of a given interpersonal relationship. The clueless have no sense of narrative rationality, and the losers are too trapped in their own stories to play to other scripts. Both the clueless and losers are too self-absorbed to put in much work developing accurate and usable mental models of others. The result is one-size-fits-all-situations tactical choices which are easily anticipated and deflected.

Thursday, November 12, 2009

Google search fill in the blank - what people are searching for

Ok go to google, type in "why wont" it will fill in the blank with pure ridiculousness..... thanks to failblog.org for this hilarity.....

So I decided to test out a few of my own searches and found the following.... the first one is the search from failblog.... the rest are mine... I particularly like the "ninja can't catch you if you just surfed a robo dracula from the moon"

Interview with the Cookie Monster - the cookie monster has Game

For some reason, when I watch this.... I can't stop laughing... the best part is where the cookie monster says to the interview "You are a natural, go om nom nom nom...... LOL" The cookie monster has game.


Wednesday, November 11, 2009

It Came From SPAAAACE... A Building block of life recreated with UV light

So I saw this article on slashdot.org discussing how scientists have been able to convert material found on asteroids into a component that is fundamental to our RNA.  Check the article out here.
Basically the scientists theorized that it would be possible that a lot of the material for life could have come from outer space (from dying stars perhaps, who knows) and that if the material could make its way here, exposure to Ultraviolet Radiation could cause it to morph into a more organic form. They successfully did this in a lab.

Excerpts from the article:

Origin & Evolution of Life
Posted:   11/08/09

Summary: NASA scientists have reproduced uracil, a key component of the hereditary material, RNA. The uracil was created by exposing an ice sample containing the molecule pyrimidine to ultraviolet radiation under space-like conditions. The research may help astrobiologists understand how molecules for the origin of life were first made.

NASA scientists studying the origin of life have reproduced uracil, a key component of our hereditary material, in the laboratory. They discovered that an ice sample containing pyrimidine exposed to ultraviolet radiation under space-like conditions produces this essential ingredient of life.
Here is another article discussing the concept that there are a lot of molecules floating around in space all over the universe, and that some of the in particular could be important in life as we know it.

Excerpt from the article:

Pascale Ehrenfreund, a professor of astrophysics at the University of Leiden in the Netherlands, investigates the night skies for signs of life. Rather than a SETI-like search for radio signals, however, the signs she looks for are chemical. There are 143 kinds of molecules in the interstellar medium, and some of them may be important for life’s origin –- not just in our own solar system but also for the entire universe.
In a paper soon to be published in the journal Astrobiology, Ehrenfreund and her colleagues suggest that polycyclic aromatic hydrocarbons (PAHs), organic molecules found throughout space, may have played a fundamental role in the origin of life.


Tuesday, November 10, 2009

My Shutterfly Storefront

So I just set up a Shutterfly Storefront Gallery here.  From this link you can make purchases of prints of my HDR photos. The print sizes vary from 4x6, 8x10, 11x14, 16x20, 20x30, coffee mugs, magnets, mouse pads etc.... if you are interested in a canvas wrap we can work out something custom. This particular storefront won't let me sell canvas wrapped items directly.  I'll be adding the pictures I've taken recently one by one, I have to remaster them in high resolution to keep the quality right.  Thanks.

Thunder Cats Movie Trailer (Awesome Mashup)

Brad Pit = Lion-O
Vin Diesel = Panthro
Hugh Jackman = Tygra
Garfield = Snarf

A Coffee Mug for all Seasons

So my friend Audrey has a website called coolcoffeemugs.net. She basically finds cool and interesting coffee mugs and shares them with you.  My particular favorite is the Skull Shaped Coffee Mug.

If you are down with the dark elixer you should check this site out =p.

EPIC Panorama of STL

US DOLLAR CARRY TRADE - A term you may hear more about in the future

So I've seen a lot of talk on zerohedge.com about the US dollar carry trade, and then I found this nifty editorial article discussing some of the dynamics of the Carry Trade.  The article is long but it puts some of the techniques that are used in the market that most people are not even aware of. 
I give you the Yen Carry Trade as described by the article:

The Yen Carry Trade worked like this in rough terms. The large financial firms borrowed Japanese money at the near 0% rate, a lot of money, and managed a Yen currency risk. They could either borrow cash from Japanese banks or integrate short Yen positions into contracts with equivalent risk exposure. They had liberty to invest in whatever instrument they wished, but the favorite in the last two decades had been the USTreasury long bond. They earned 4% to 5% vig on the difference, but required a rising USDollar and falling Japanese Yen.
There is a sentiment that the US dollar is now the Carry Trade Currency of choice. Thus this concept may be more common to hear about in the future at the layman level if things get ridiculous.

Monday, November 9, 2009

New HDR Shots


A few of the new shots I took. As usual find them here on my flickr page.