QT trickle-on economics update

Hedge FundThe director of a major hedge fund on why the hedge fund is closing its doors:
“As the endless quest for becoming institutional continues on, the soul of investing might get lost, as the unmitigated compliance processes become cumbersome and interfere with the purity of speculative contemplation.”
In other words:
Cheese it, the cops!

Continue Reading

From the QT police blotter

???????????????????????????????????????
News Item: “. . . police were called at 4 a.m. . . . complaints that someone was driving an ATV at high speeds keeping neighbors up. . . . found ATV tracks in wet grass and followed them to a garage where an ATV was parked with a warm engine. . . .”
The tracks in the wet grass seemed sufficient for an arrest.
Now it’s up to dew process.

Continue Reading