:::renaissance chambara:::

Posts on quality, life, culture, the media, news & tech with a twist & a slice of Limey. I moved my blog to http://renaissancehambara.jp in December 2006, go there for the latest content.

Tuesday, January 25, 2005

Analysts discover bath tub and FX humour

Analysts at Credit Suisse First Boston found that companies who warn about profits tend to do so more than once. In a remarkable feat of arithmetic and hard work, CSFB analysts have managed to find something that business people have known for a long time.

This is a classic example in businesses of the bath tub effect, when you dip in performance it takes a while to move pieces around the board, alter your market offering and get back on top. The bottom of the bath is the reorganisation period and the sloping sides the time it takes to get into and out of trouble. Will this analytical statement of the obvious lead to a return in momentum funds? (Simply put a momentum fund trades on the principle that if a item has just increased in price, it will continue to do so for the short term, they will tend to trade in and out of stocks fast making small gains over and over again - think about the way brokers played chicken with ever rising prices of dot.com and telecoms stocks during the late 1990s through to 2000).

Thanks to Lawrence at the GLC Limited for this light humour (and remarkably clean language for financial services related humour):

LEAST used phrases in an FX dealing room

Create Social Bookmark Links

Links to this post:

Create a Link

<< Home


03/2004   04/2004   05/2004   06/2004   07/2004   08/2004   09/2004   10/2004   11/2004   12/2004   01/2005   02/2005   03/2005   04/2005   05/2005   06/2005   07/2005   08/2005   09/2005   10/2005   11/2005   12/2005   01/2006   02/2006   03/2006   04/2006   05/2006   06/2006   07/2006   08/2006   09/2006   10/2006   11/2006   12/2006  

Welcome, thanks for visiting and a bit about this blog (:::renaissance chambara::: all in lower case just like UNIX)
Got something to bitch about? Trying to legal the author or want to send scary fan mail? Click here for more details
Want to leave a comment? Feel free, but please take account of the guidelines
The blogroll (there's some missing that Bloglines can't read, if you're not in sort your feeds out)
Subscribe via RSS to :::: renaissance chambara ::::
The grooves that drive :::: renaissance chambara :::: (see what's on our iTunes)
This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 2.5 License.

Blogger rox nuffsaid.