Read.

One of the reasons I enjpy writing about (defending) trend following is its longevity. There are some track records out there covering decades that just make me go “wow”. Its hard to poke holes in the performance of some. Longevity helps to keep this type of situation from occurring. Yes, that is a sports example, but the analysis that pokes holes in Steve Nash’s two MVP awards is the kind of thinking you need to do all the time to make money in any entrepreneurial endeavor over an extended period.
Probably not the best of odds for the professor’s prediction coming true.
From the press today comes an excerpt that caught my eye:
Illinois’ constitution does not require a governor to leave office when charged with corruption. Moreover, as governor, Mr. Blagojevich could legally make a Senate appointment even if he were in prison.
Blagojevich is a goon clearly, but who in Illinois is going to take credit for crafting laws that could allow him to appoint a United States Senator while sitting in lock up?
Mark Goulston lays out the Madoff appeal.
I am not sure I will become a Twitter devotee, but I just might. Just signed up. For those not familiar with Twitter, it is a free social networking and micro-blogging service that allows its users to send and read other users’ updates (otherwise known as tweets), which are text-based posts of up to 140 characters in length - that can also be easily delivered to mobile devices. You can sign up to follow my Twitter posts here.