The blogosphere featured some great posts today and while I'm not usually a linkfest type of guy, today's an exception as my CFA studying is overtaking my blog time now that I'm in the home stretch (under two weeks now!). Below are the particular pieces I found intriguing with the link for your further reading pleasure."The site [YouTube] now boasts over 2 billion views per day or, as YouTube’s blog puts it, '…nearly double the prime-time audience of all three major U.S. television networks combined.'"
Source: YouTube Turns Five: Changing TV and Creating Celebrities
"Recently I saw a headline saying that Microsoft is going to try to relaunch Hotmail to make it cool. Really, why bother?"
Source: Why Does Steve Ballmer Still Have a Job?
"If gold is a bubble, it has been an under-performing one, in relative terms."
Source: Gold Bubble Has More Bubbling to Do
"Using the rule of 16 and the 1/3 trading days time frame, the following translations should be committed to memory:
- VIX of 16 – 1/3 of the time the SPX will have a daily change of at least 1%
- VIX of 32 – 1/3 of the time the SPX will have a daily change of at least 2%
- VIX of 48 – 1/3 of the time the SPX will have a daily change of at least 3%"
"Schematic of BP’s cementing plan."
Source: DeepWater Horizon