Word: wild
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...wild ride began when Porsche quietly announced on Sunday that it now held nearly three quarters of VW's equity, having expanded its direct stake in VW to 42.6% from 35%, and also having exercised call options on enough shares to raise its stake to 74.1%. The sports-car manufacturer's announcement that it had effectively taken control of VW was very bad news for hedge funds and banks that had taken short positions on VW shares on the assumption that their price would fall...
...honor of Eric Cartman, I offer my predictions for the end of the season. Bear in mind: just like Cheng Ho, my imagination may just run wild...
...things the general public needs to know. The general public needs to know that a lot of bogus claims have been made by the financial economics establishment, based on metrics that we know don't work, and a lot of portfolios are based on these underestimations of wild uncertainty. The coverage is adequate now - it's not adequate on a regular day when people just tell you the market went up one point and they give you a reason. But today we have problems. The public needs to know. But amid all this, your company is doing quite well.The only...
...price swings the best they can. Blocks of shares bought and sold have grown smaller, as traders shy from committing too much of a position at one time, lest they pass up a better price later. As margin calls and redemptions from mutual and hedge funds drive trading particularly wild in the opening and closing minutes of most sessions, algorithm-based traders are rewriting programs to squeeze their moves into increasingly narrow bands of time. "It may be good, it may be bad, but I don't thank any of us can stop it," said Robert Almgren, co-founder...
...most bizarre ruling is a unanimous decision by the committee that inflicting “arbitrary harm” on plants is “morally impermissible.” The report goes on to determine that “This treatment would include, e.g. decapitation of wild flowers at the roadside without rational reason,” which means that in the eyes of the Swiss government, playing “she loves me, she loves me not” is roughly equivalent to torturing a small dog with a car battery.Perhaps this should be expected. Switzerland already...