The Financial Times published this letter of mine today:
From Mr David Pinsen.
Sir, Larry Pierson (Letters, June 30) argues against the use of government spending as a form of economic stimulus, noting that Barack Obama’s fiscal stimulus failed to stem the rise in unemployment.
He then broadens his argument against fiscal stimulus by stating that only the [...]

With weak economic data and renewed risks from the Euro zone, the Chicago Board Options Exchange Market Volatility Index (VIX) ticked up again Thursday to 22.73, its highest level since March. The table below shows the costs, as of Thursday’s close, of hedging 18 [...]

- “How not to fix America’s ‘Broken Jobs Machine‘” — Me versus Richard Florida, who seems to think that retail jobs at companies such as Zappos and Starbucks can take the place of manufacturing jobs.
- “Hedging against market risk by buying puts on ETFs that track indexes” — Don’t blame me for the clunky headline, [...]

A couple of columns worth reading on the Bin Laden aftermath:
– Victor Davis Hanson: “Bin laden Fallout”
– Christopher Hitchens: “Death of a Madman”

A profile of a manufacturing entrepreneur in Britain, via the FT:
– “A Bastion of British Engineering”.
A couple of brief excerpts:
I started this business in a one-car garage with [...]

A few articles of mine published on Seeking Alpha recently:
Why U.S. Unemployment Remains so High (the graphic in the previous post is related to this article)
The Battle for Dominance among Mobile Operating Systems
Hedging the NASDAQ 100 and its most widely-traded components

The graphic below accompanied this FT article last week, “German Spirits Sky High as industry soars”:

Plan not to panic

“Plan not to panic” next time your stock portfolio drops 40%. That was billionaire hedge fund manager Joel Greenblatt’s advice for the little people in a column on his Magic Formula investing site last year (by the way, Virginia, there are no magic formulas). So what did Greenblatt do when [...]