Saturday, December 15, 2007

Joe Cool


Dr. Joseph Ackerman (source DPA/Manager Magazin)

Friday, December 14, 2007

Anchoring

A good post on anchoring...

Stock Market Psychology Blog: Behavioral finance and beyond - For Smooth Sailing, Winch up Your Financial Anchors

Andrew Hurst

Andrew Hurst of Reuters on Banks in general, European and Swiss Banks in particular...

"andrew hurst" - Google News

Wednesday, December 12, 2007

Buffett Owned UBS

Correction. Buffett said USB (U.S. Bancorp). So no news here...
---
We've owned UBS. Some of them are black boxes. Some of them are too hard to figure. If they have enormous positions in mortgage-backed, or CDOs, or even in some forms of derivatives, they may be fine but I can't know that. I like 'em fairly simple and somebody's characterized what's going on now as a flight to simplicity. And there's a good reason for that. You should only buy what you understand. And I can only understand simple things, so, ergo, I look at simple businesses.
Warren Buffett's Complete CNBC Interview: Video and Transcript (2 of 2)

UBS Stops Proprietary Trading

UBS, which is hiking its Tier 1 capital to 12 percent in a 19.4 billion Swiss frmanc injection has ordered a halt to proprietary trading -- which involves investment banks committing their own money to investments and trading positions.
Source Reuters: UBS Investment Bank Faces Challenge to Recover

Tuesday, December 11, 2007

Option Selling

The Art of Option Selling
by Barclay T. Leib

Monday, December 10, 2007

UBS Losses


UBS strengthens capital base and adjusts valuations
Sounds really great for investors:).

Hear Ospel ("we took 10 billion of risk out of the balance") and Zuberbühler ("there have been no death casualties") at this DRS interview.

SEC EDGAR Forms

Here is the official description of all SEC EDGAR form types.

Here is the link to search the EDGAR database.

An overview of the different kind of information provided at the EDGAR database is given at this guide.

Sunday, December 09, 2007

Trading Books

From StockTickr.com:
What Books Do Successful Traders Recommend?
July 9th, 2007

Saturday, December 08, 2007

The 13 Basis Point Portfolio

The 13 Basis Point Portfolio
by Matthew Hougan

Friday, December 07, 2007

Private Banking Study 2007

The International Private Banking Study 2007
by Prof. Dr. Teodoro D. Cocca and Prof. Dr. Hans Geiger

Thursday, December 06, 2007

Ackermann in Zurich 2



A report by Sven Egenter from Reuters:
Deutsche Bank CEO says credit crisis not over yet

British Sub Prime Humor

The Long Johns - The Last Laugh - George Parr - Subprime


Pointer from Michael Covel.