How the financial world views itself

A cute graphic from the Financial Rounds blog.

The problems with alpha...

In my MBA class this semester, we haven't gotten to alpha yet... but this post on the unknown professor's blog touches on the weakness of alpha. The whole video is worth watching.

The source of the video is "falkenblog", and a more detailed post on the topic is here.

The quote:

One should remember that Enron was the subject of Harvard Business School case studies in 'best practices' management, they emphasized their 'risk management' and received plaudits there.

made me laugh out loud.

Dilbert on Mutual Funds

This might be more funny if it actually wasn't true.


HT: the unknown professor.

A difficult time

Some of you may follow the blog of the unknown professor. The unknown prof blogs on finance matters and also on the day to day life of being a finance professor. Today he posted an update regarding the health of his son who has been battling cancer. The news is not good. Not good at all.

I personally know the unknown professor and he and his family are in our thoughts at this very difficult and very sad time.