I have to thank (although he will unlikely see the thanks) Barry Ritholtz and his Big Picture blog for posting this overview of Benoit Mandelbrot and his discovery of the fractal nature of universe.I will leave it to you to search and research more, but Mandelbrot's research is some of most mind-blowing and thought provoking I have read in the last decade. Some of his work may be somewhat esoteric for many investors, but if you are looking for a great, mind-opening book on the markets.... go read The Misbehavior of the Markets. You will not be disappointed.
Friday, November 22, 2013
The Minions of the Federal Reserve
This is just great. Via Political Calculations.
We here at Political Calculations are happy to help you solve this problem! After watching Despicable Me 2 in the theaters earlier this year, it dawned on us that many of the animated characters in the movie are actually modeled after real life people. Specifically, the officials of the U.S. Federal Reserve.
For example, here's a side-by-side comparison between Minnesota Fed president Narayana Kocherlakota and the minion Dave:
Next, here's is Philly Fed chief Charles Plosser and the minion Stewart:
It gets even more uncanny. Next, we have Chicago Fed president Charles Evans and his doppleganger, the minion Tim:
Finally, what Federal Reserve action figure set would be completed without the big guy himself, Fed Chairman Ben Bernanke (a.k.a. Gru):
We're pretty sure that a Janet Yellen action figure is in the works for either the Minions or Despicable Me 3 movie projects now in development.
We here at Political Calculations are happy to help you solve this problem! After watching Despicable Me 2 in the theaters earlier this year, it dawned on us that many of the animated characters in the movie are actually modeled after real life people. Specifically, the officials of the U.S. Federal Reserve.
For example, here's a side-by-side comparison between Minnesota Fed president Narayana Kocherlakota and the minion Dave:
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Austrian Economics- Fringe to Mainstream
A lecture by Doug French covering many Austrian centric topics.
High Volume High- Nov. 21 Trading Day Edition
A few names making the list on a day that saw overall higher equity prices.
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