Betfair automation – Creating a ‘Servant’

What is a Servant? When you are Betfair trading, you can trade manually or course. Some Betfair traders trade fully automatically using Bet Angel’s advanced automation or perhaps writing their own Betfair bot using a betting exchange API. With Bet Angel professional you get a feature that is unique amongst Betfair trading software. Not only…

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Buffett increases Apple stake

Interesting news from the WSJ: – http://blogs.wsj.com/moneybeat/2016/08/15/berkshire0815/ I reckon Buffett is buying the brand rather than the technology. It’s making me look a bit harder at the financials and unpicking the structure to see if that is a viable thing. I guess the brand can be, carefully, transplanted to other items. But as the streaming […]

‘Histoically’ low interest rates

When the press talk about ‘historically’ low interest rates, they mean it. Have a look at this summary: – http://www.horizonkinetics.com/docs/Under%20the%20Hood%20-%205000%20Years%20of%20Interest%20Rates%20Part%20I.pdf When you devalue money to this extent it’s likely to be put to bad use. People lose the sense that more is hard to come by and when it washes freely everywhere it loses it’s […]

Seven immutable laws of investing

Came across this PDF,  which is a really good summary of where people are going to make mistakes in the current markets and how free money is distorting asset prices: – http://ftalphaville.ft.com/files/2011/03/JM_SevenImmutableLaws_312.pdf

Investing in a Brexit environment

Well it’s clear that money is being pulled from commercial property, faster than former leaders are absolving themselves from the responsibility of sorting out the mess they created. So my only long position exposed to property is gone, like the pound to dollar rate. On the flip-side, my over exposure to the US is bringing me […]