Hurt back yesterday
Too much pain to write much now
Haiku easier

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On to the Summary:

Webcasts, Podcasts, Outside Writing, and Conferences

Favorite Securosis Posts

Other Securosis Posts

Favorite Outside Posts

Research Reports and Presentations

Top News and Posts

Blog Comment of the Week

This week’s best comment goes to Gunnar, in response to Cybercrime at the Speed of Light.

HFT is about trading, not investing. Traders buy and sell every second of every day.

Investors have multi year time horizons. That’s how ordinary should approach it, long term, buy and hold investment not as traders.

These events which continue to happen on a more regular basis and show no signs of stopping, are worrisome, for traders. They can bankrupt themselves with their own algorithms, as one of the biggest Knight Capital did last year