RocketCap » Financial Entertainment

Apple iPhone 5 Block Diagram Revealed

admin — Thu, 20 Oct 2011 20:09:21 +0000

We have obtained a picture of the architectural block diagram of the soon-to-be-released Apple 5 Magic Phone. See picture below:

The Apple 5 Magic Phone

Video: Size of US Spending and Why 100% Taxation Isn’t Enough

admin — Mon, 11 Apr 2011 20:02:16 +0000

Here is a wonderful video that entertainingly depicts many of the various insanities about how taxation can somehow meaningfully help the US pay down its monster debt:

http://www.youtube.com/watch?v=661pi6K-8WQ&feature=player_embedded

Jim Cramer is Harmless

admin — Tue, 25 Aug 2009 18:27:21 +0000

Paul Bolster and Emery Trahan, professors of finance at Northeastern University, recently rigorously analyzed the investing performance CNBC star Jim Cramer. Cramer is a well known entertainer and market maven who seemingly has a real time database in his head of every traded US stock. He frequently recommends buys and sells for a variety of stocks. He is very rich and famous. But do his recommendations pay off? If you followed him, would you have made money for the risk level of his recommendations?

Here’s the answer, in beautiful brevity:

Professor Bolster stated his overall conclusion: “He has an alpha of 0; he could do worse. He’s harmless.”

This means you would have gained nothing and lost nothing for the risk level of Cramer’s recommendations over the time horizon analyzed (July 2005 to the end of 2007). For details, see the full results described here:

Paul J. Bolster and Emery A. Trahan, “Investing in Mad Money: Price and Style Effects,” Financial Services Review, Vol.18 (2009), pp. 69–86.

You also can read a summary here.

This Just In: How to Use Your ObamaCare Medical Insurance Coverage

admin — Tue, 21 Jul 2009 00:01:04 +0000

This instructional video explains in layman’s terms how to use your ObamaCare plan:

ObamaCare Instructional Video

Taleb Brings His Black Swan to CNBC

admin — Sun, 05 Jul 2009 15:17:25 +0000

Taleb intimidates the reporters on CNBC, who are obviously economically and systemically challenged:

Dr. Black Swan Urges Widespread, Systematic De-Leveraging, World Wide

He says hyperinflation is possible with the current government policies, which policies were unnecessary and driven by political fear.

Nassim Taleb and Ben Bernanke: Covertly Brothers?

admin — Mon, 29 Jun 2009 18:30:39 +0000

We report, you decide!

Taleb is the promoter of the idea that “Black Swans”, or exceptionally rare, impactful and ex-ante unimaginable events must be dealt with in financial markets. Bernanke is chairman of the Federal Reserve Bank.

Taleb (L) and Bernanke (R)

Sixth Biggest Canadian City has Zero Debt. Mayor is Active and 88; 30 Years on Job

admin — Sat, 02 May 2009 17:22:02 +0000

This is an inspirational video if you care about zero debt cities and great health!

#mce_temp_url#

Flush that Policy Idea

admin — Tue, 14 Apr 2009 05:32:45 +0000

It sure sounds like CNBC offered its opinion of Dr. Larry Summers’ policy ideas. Listen for the sound of a toilet flushing in this video!

Dr. Larry Summers’ Ideas Flushed Out?

Financial Entertainment

admin — Tue, 07 Apr 2009 03:37:56 +0000

This post introduces a new feature of this blog: videos about our political economy, investing, business, economics…that may well inflame your emotions. Try this for openers:

First car made in Detroit since the Bailout

SouthPark on Financial Policy-Explains It All

admin — Fri, 27 Mar 2009 18:05:00 +0000

Have fun as you finally understand the financial calamity:

SouthPark on How Treasury Dept. Does Bailouts