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Extra Credit Monday Edition

Market Movers

by Felix Salmon
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Aug 25 2008 7:07pm EDT

Extra Credit, Monday Edition

Risk aversion – Berkshire style: "when most people do stress tests the process is “well what happens if property prices drop 30%?” and someone says “what if they drop 40%?” and the response is – they can’t go that far. The Buffett question for a risk manager is “what if they drop 70%?” You might say it can’t happen. One word: Japan."

Yes, Virginia, there is a Santa Claus, but Q4 EPS setting an all time high, let’s get real

Election Forecast: Obama ahead by 82: Another electoral map powered by prediction markets.

Usain Bolt: It’s Just Not Normal

Lipton Defends the Indefensible, Again and Again: The first sighting of a genuine hyperlink in a Carl Icahn blog entry!

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