WealthCycles: Knight Capital Pulls Plug Just in Time on Test Algorithm
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
Wondering how to invest your hard-earned purchasing power? The recent debacle when a rogue computer algorithm led to hundreds of millions of dollars worth of losses gives one pause. But that’s only the most egregious example of how to lose your money without really trying–there are plenty of other reasons why investing in stocks or currencies is a losing game.
You share scepticism in the returns of the stock market in real terms, along with a healthy avoidance of buying close to this year’s central bank-inflated highs, sure to fall in the selloff accompanying the next round of deflation.
2012-08-15 21:10:47
Source: http://silveristhenew.com/2012/08/15/knight-capital-pulls-plug-just-in-time-on-test-algorithm/
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