Public Notes


Recent Activity

  • Michael shared from The PlayBook: An Inside Look at How to Think Like a Professional Trader by Mike Bellafiore
    Daily Routine Morning: • Wake up and check quotes of indices. • Come in and check news via seeking alpha/smbscanner. • Look at volume advancers from day before. • Look at chart for every stock that trades 1 million average volume and above 50c average true range. • Journal: Write down my goal for the day; freewrite about how I’m feeling. Anything else that might affect my trading and ask myself the best strategy to do well for the day. After close: • Chop tracker routine I send you while looking at execution bubbles on my chart. • Journal: How I did on my goal/what I did well/poor/different/my...
  • Michael shared from Insight: JCPenney's 100-year bonds swoon amid retailer's turmoil in the Reuters Business section of Reuters Business by Reuters
    Portfolio manager Bonnie Baha, who heads Global Developed Credit at DoubleLine, said the $57 billion bond house has had Penney bonds on its "avoid" list for years and doesn't buy the argument that Penney's swooning securities don't take into account the value of the retailer's real estate. "In the era of Amazon.com and other online retailing, I don't think much of legacy real estate assets of the Big Box stores," Baha said.
    Note: I agree with this legacy real estate assets statement. $JCP
  • Michael shared from U.S. seeks tighter control over Apple in e-book case in the Reuters Business section of Reuters Business by Reuters
    Apple would also be unable to cut deals with providers of movies, music and TV programs for its iPad tablets and iPhones that would likely increase the prices at which rivals might sell such content. Officials also want to make it easier for consumers to compare e-book prices by requiring Apple for two years to let Amazon, Barnes & Noble Inc and other rivals provide links to their own stores within their iPad and iPhone apps.
    Note: Ouch $AAPL long small
  • Michael shared from Seeing What Others Don't: The Remarkable Ways We Gain Insights by Gary Klein
    Yamamoto, Stark, and Chalfie, received new and unexpected information and grasped its implications. They quickly connected the new data to their situation to discover insights about actions they could take.
    Note: Pearl Harbor Information Entropy. Insight without action is useless
  • Michael shared from A Universe from Nothing: Why There Is Something Rather than Nothing by Lawrence Krauss
    One of the most poetic facts I know about the universe is that essentially every atom in your body was once inside a star that exploded. Moreover, the atoms in your left hand probably came from a different star than did those in your right. We are all, literally, star children, and our bodies made of stardust.
    Note: Amazed by: some of the atoms on your right hand come from a different star than atoms in left hand
  • Michael shared from Seeing What Others Don't: The Remarkable Ways We Gain Insights by Gary Klein
    “Insight is when it happens, everything that happens afterward is different.”
    Note: On insight
  • Michael shared from Programming the Universe: A Quantum Computer Scientist Takes on the Cosmos by Seth Lloyd
    Life, language, human beings, society, culture—all owe their existence to the intrinsic ability of matter and energy to process information.
    Note: Wondering if Brownian motion process enables this When food scarce sharks follow jumpy Levy Flight
  • Michael shared from Programming the Universe: A Quantum Computer Scientist Takes on the Cosmos by Seth Lloyd
    If an electron “here” registers a 0 and an electron “there” registers a 1, then when the electron goes from here to there, it flips its bit. The natural dynamics of a physical system can be thought of as a computation in which a bit not only registers a 0 or 1 but acts as an instruction: 0 can mean “do this” and 1 can mean “do that.” The significance of a bit depends not just on its value but on how that value affects other bits over time, as part of the continued information processing that makes up the dynamical evolution of the universe.
    Note: Information Flow. Need to get these ideas in my head.
  • Michael shared from Programming the Universe: A Quantum Computer Scientist Takes on the Cosmos by Seth Lloyd
    “Things, or ‘its,’ arise out of information, or ‘bits,’” I continued, nervously tossing the apple in the air. “This apple is a good ‘it.’ Apples have long been associated with information. First of all, the apple is the fruit of knowledge ‘whose mortal taste brought death into the world, and all our woe.’ It conveys information about good and evil. Down the line, it was in the trajectory of a falling apple that Newton traced the universal laws of gravitation, and the curved surface of the apple is a metaphor for Einstein’s curved spacetime. More directly, the genetic code...
    Note: Interesting passage about bits and energy ... It from bit
  • Michael shared from Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World by George Gilder
    Capitalism depends not on the freedom to choose but on the free flow of information across a low-entropy carrier. Corrupt the carrier with noise, and capitalism collapses. And the great corrupter of any carrier, the great generator of destructive noise, is power. And in this case the powers assembled were immense.
    Note: Capitalism and information flow. Interesting take
(Cold Spring Harbor, NY United States)
Michael Bigger