Bettors Go Long on the Recession

Dublin-based Intrade is making a market in the prospects for a upcoming recession. Shares are currently available at $46.40, which indicates an overall guess that there is a 46.4 percent chance the economy is likely to be in a recession over the next year, significantly higher than the predictions of many market watchers. 1,296 shares have traded so far which, while not exactly huge, may be beginning to approach some kind of statistical usefulness. (Hillary-as-nominee shares, by the way, are trading at $64.)

March 1 update: Recession shares up to $60. Hillary down to $13.

Turn Key Hedge Funds, Incorporated

The last excuse for not starting a hedge fund has vanished. Turn Key Hedge Funds, Incorporated, will take care of the paperwork for you, so you can concentrate on getting people to give you a million dollars.

Turn Key Hedge Funds, Incorporated, is incorporated in Coral Springs, Florida.

Those Who Know, Do Not Say…

Timothy Sykes, boy wonder and former hedge fund manager, giving advice to the viewers of ABC.

Note: He single-handedly turned $12,000 into $1,000,000 over three years. and then turned it back into $12,000 again. (Not quite, see his comment below.) He is currently managing $12,797.84

Sykes is documenting his efforts to get back to $1,000,000 here

Financial Analysis from a Guy in a Wife Beater with a Ponytail

Isn’t there an old saying about getting out of the market when guys with ponytails start lecturing you about stocks?

(Warning: You might not be as financially sophisticated as Manoftruth, according to Manoftruth, but try to hang in there.)