Quote Critique

"If all the economists in the world were laid end to end, they still wouldn't reach a conclusion."
- George Bernard Shaw (Irish dramatist, 1856-1950)

Sadly, this playwright tells more truth about economic divination than most textbooks I've read. This quote is too good for commentary, so I'm gonna call it quits and watch some porn.

One Chart to Rule Them All

The market remains incredibly weak, and rather than post a bazillion charts, here is one that tells much of the story.

The direction of the NASI remains down, and this keeps me from allocating money to the long side overnight.

Now that I'm back in NYC, I'm busy as hell meeting people and doing stuff that I would otherwise skip in Seattle. Thus, the time spent on this blog over the next 2 weeks will be more sporadic than I'm comfortable with. Yet, I'm sure it is for the better, for one must find inspiration in life to create new things. Quote critique will be up daily, but there will be significantly less ratio analysis.

Quote Critique

"With globalization, the big [countries] don't eat the small, the fast eat the slow."
- Thomas L. Friedman (NY Times foreign affairs columnist, referring to the Arab nations)

A cryptic quote without context, I can only assume Mr. Friedman was hungry when he wrote this commentary. Using words like fast, slow, big and small, confuses me because I have no idea what sort of metrics he reviewed to formulate this opinion. IMHO, countries that produce and utilize cheap, efficient weaponry, outlast the competition in the game of global survivor.