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Sunday, November 08th, 2009
This they did in the last two decades with a variety of gaudy theories. It didn’t seem to matter that the theories were contradictory and absurd. On the one hand, prices were said to move randomly – permitting them to ‘model’ risk and sell extravagant securities. On the other hand, private equity experts and fund managers pretended to know which way the ‘random’ movements would go…
May 26th, 2008 | Bill Bonner | 2 comments | Continued
| All Ordinaries | 4604.40 | ||
| S&p/asx 200 | 4594.00 | ||
| Nzx 50 Index Gros | 3160.16 | ||
| DJIA | 10023.42 | ||
| NASDAQ | 2112.44 | ||
| S&P 500 | 1069.30 | ||
| Ftse 100 | 5142.72 |
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