Hugh McGuire

Get your porkpie hats, your stovepipe pants, skinny ties and a nice pair of heavy-frame glasses, and start skanking. Two-tone rules. The Specials: Gangsters Madness: One Step Beyond The Beat: Mirror in the Bathroom

From the Pessimism file: I’ve always been skeptical of hedge funds and sophisticated derivative products. In theory these financial instruments protect against risk, by playing potential movement of the market in one direction, off of movement in another. It’s high-powered math stuff, and it’s made many many people truckloads, billions of dollars. But I don’t [...]