Man Vs Machine: How Each Sees The Stock Market Part 2

Saturday, April 14th, 2012

Two weeks ago we shared a post on the topic of variant perception, specifically how the two distinct classes of market participants, humans and machines, view their natural habitat. Judging by the interest in the article, this approach to breaking cognitive dissonance was quite welcome, which is why courtesy of Nanex, we bring you part two.

This is what you see:

This is what HFT-bot (which according to the SEC provides liquidity by lifting limit offers) sees:

The actual move up took just 275 milliseconds:

Tags: Cognitive Dissonance, Distinct Classes, liquidity, Market Participants, Milliseconds, Natural Habitat, Perception, Sec, Stock Market
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Charlie Rose Interviews Lloyd Blankfein

Monday, May 3rd, 2010

Charlie Rose sits down with Lloyd Blankfein, CEO and Chairman of Goldman Sachs, to discuss the firm’s testimony before lawmakers regarding the SEC’s fraud allegations.

Click here or on the image below to view the video.

Source: Charlie Rose, April 30, 2010.

Tags: Ceo, Charlie Rose, Fraud Allegations, Gold, Goldman Sachs, Interviews, Lawmakers, Lloyd Blankfein, Sec, Testimony, Video Source
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John Paulson’s Abacus billion a drop in the bucket

Thursday, April 22nd, 2010

The testimony of a former Paulson & Co official, Paolo Pellegrini, could undercut the Securities and Exchange Commission’s fraud case against Goldman Sachs, CNBC has learned.

Pellegrini, testified that he told ACA Management, the main investor in a Goldman mortgage-securities transaction, that Paulson intended to bet against – or short – the portfolio of mortgages ACA was assembling.

“If true, the testimony would contradict the SEC’s claim that ACA did not know Paulson was hoping the mortgage securities would fail and weaken charges that Goldman misled investors by not informing ACA of Paulson’s position,” said the CNBC report.

Importantly, neither Pellegrini nor Paulson & Co has been accused of wrongdoing.

Source: CNBC, April 21, 2010.

Tags: Abacus, Aca, Bet, Cnbc, Drop In The Bucket, Fraud Case, Gold, Goldman Sachs, Investor, Investors, John Paulson, Mortgage Securities, Mortgages, Pellegrini, Portfolio, Sec, Securities And Exchange, Securities And Exchange Commission, Testimony, Wrongdoing
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