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THERMAL COATINGS LTD – Thank god I discovered your page, had a door step go to from quite polite salespeople from a company called Thermal Coatings. Since reading your horror story I researched and found two of the directors are also directors of Aquashield. This is a new company founded in 2010 however proudly state how they are market place leaders on their website and have 20 years experience. Be wary!

Suppose you happen to be a macro investor. If all you want to do is makeunconditional forecasts – say, GDP next quarter – then you can go ahead and use an old-style SEM model, because you only care about correlation, not causation. But suppose you want to make a forecast of the effect of a government policy alter – for example, suppose you want to know how the Fed’s taper will impact growth. In that case, you need to have to understand causation – you want to know no matter whether quantitative easing is actually changing people’s behavior in a predictable way, and how.

Similarly, do you feel that all of those very good jobs that went away for the duration of the past 30 years are going to magically reappear? It has turn into crystal clear that a lot of businesses are perfectly pleased to make greater earnings by cutting jobs, paying workers significantly less and typically attempting to squeeze suppliers to give their goods at decrease costs. Why ought to they worry about generating much more jobs for the great of the general economy? By doing so, they may possibly actually lower their chances of making much more funds by their existing questionable practices.

Victor Niederhoffer is either an anti-Taleb or a Soros-Wannabe based on your perspective. Young individuals won’t have heard of him but he was a international macro trader, mate of Soros and really good squash player. The purpose I use the term anti-Taleb is that his contrarian method is the exact opposite of the ‘buying disaster puts’ technique run by Taleb. Though a wannabe Soros in terms of skilled achievement (he has blown up many instances and as far as I am conscious is no longer managing funds) his book is much better written. Its extremely random and there is no try to impose a coherent worldview or grand theory of every little thing. Imposing such an overview would be a ridiculous issue to do anyway, but Taleb and Soros would have tried to do so.