Business

Why you shouldn’t be the Middle Class Moron

As always, my opinion in financial matters is my own and does not necessarily reflect the views of my employers Do you believe that property prices are going to rise forever, if so, come this way I have a bridge I’d like to sell you. Perhaps you believe that your path to riches and fortunes is by day-trading the markets based on the seminar that you went to by a brokerage company? If the answer to either of these questions is yes, then I hate to tell you, you may be a member of the Middle Class Moron’s club. As…
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Million Dollar Traders and Hedge Funds

As always, my opinion in financial matters is my own and does not necessarily reflect the views of my employers The other day on a particularly boring flight between Bangkok and Taipei, I rewatched a TV series from a few years ago that I remembered a couple of days before in a discussion about the financial services industry and investing. The series in question is called Million Dollar Traders which originally aired in 2009 on BBC Two. Over the course of three episodes covering a period of eight weeks, plus a few that were not shown, eight ordinary people were…
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Why there’s no such thing as a cheap website

I’ll make it clear from the start, this isn’t a sales pitch, I am not taking on third party work. What I do get asked to do from time to time however is to give advice to somebody wanting a website. This is what I tell them. In short, there’s no such thing as a cheap website. I often hear the phrase “my [Insert relative or friend here] is doing it for £40.” This is where I have to try and remain tactful and not start laughing at them while calling them stupid. More often than not the person doing…
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Nick’s Olympic Screw-up

For once we’re not talking about Nick Clegg, but Nick Buckles, the beleaguered chief executive of G4S, the security provider for London 2012. This week he went in front of Parliament to explain what had went wrong and committed a cardinal sin, he admitted his company was a failure. This is otherwise known as doing a Gerald Ratner; what he should have in fact done is said that there was no problem and that the security would be covert… Invisible security guards, thousands of them, no problems whatsoever! I jest of course, but it’s hard not to see the funny…
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A few thoughts on the Facebook IPO

Facebook. What a great way to waste ten minutes of your day. Turns out that it’s also a great way to waste money if you bought into the IPO with shares currently trading at $32 – 16% down on Friday’s launch price. Now there is investigations ongoing into alleged irregularities in the IPO and rumour that they are going to abandon the NASDAQ and move their listing to the NYSE. None of which gets away from the fact that the company is horribly over-valued. A quick look at the Wikipedia article on valuing a company suggests that there are many…
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Begging for Management

Picture this, you’ve completed 3 years of university delivering a dissertation, a team project and some compulsory management modules, by now you and everyone in your team should surely know how to manage effectively right? Nope. I’ve just completed a team project so badly managed that I actually dreamt about having a new manager coming in and saving us all, here’s how it happened. Week 1 (October 2011) So the 10 students comprising of 7 from Computer Science and 3 from Computing and Management are presented with 2 projects, a BAE systems project which is short and nasty and a…
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