Like a celebrity in flight from the paparazzi, the Swiss Confederation demands protection from its pesky admirers. To beat back the unwanted appreciation of the Swissie, the Swiss National Bank is--once again--vowing to move heaven and earth. Now under way is a speculation. Prompted by a friend (that's you, Harlan Batrus), we venture that the SNB will sooner or later be forced to permit the franc to appreciate and thus to enrich the holders of low-priced, three-year call options on the Swiss/euro exchange rate. It's a long shot, to be sure--the options are cheap for a reason--but we judge that the prospective reward is worth the obvious risk.
Jim Chanos: Days of drilling for cheap oil over (LINK)
Jim Chanos: I'm short Intel on PC concerns (LINK) [Videos from his appearance this morning are available, HERE.]
Five Good Questions for Vitaliy Katsenelson (LINK)
Related book: The Little Book of Sideways MarketsPeter Diamandis introducing his book Bold: How to Go Big, Create Wealth and Impact the World (video) (LINK)
What Is Neurofeedback? How Brain Training Can Benefit Kids, Families, and Adults (video) (LINK) [There is also a longer interview with Dave Asprey discussing his experience with Neurofeedback, HERE. This is the mental training discussed in the video: Europe’s top long/short hedge fund says mental training part of “secret sauce”]