Snowboard Tech – Magnetraction!

A couple years back Lib Tech snowboards (Mervin Manufacturing) put a new patent technology on a few of their boards. It involved an outrageous idea create oscillating edges with the possibility of gaining more edge control, and they dubbed their brainchild ‘magnetraction’. It was a huge success for Lib Tech and plenty of other companies are now chasing the same carrot. You can bet that in the next few seasons every snowboard will have magnetraction or some technology similar. What Read More

Lessons From Long-Term Capital Management

Background Long Term Capital Management(LTCM) was a hedge fund established in 1994 by John Meriwether, a very successful bond trader at Salomon Brothers. At Salomon, Meriwether was one of the first on wall street to hire top academics and professors. Meriwether established a team of academics who applied models based on financial theories to trading. At Salomon, Meriwether’s group of geniuses generated amazing returns and demonstrated an unparalleled ability to precisely calculate risk and other market factors. In 1994, Meriwether Read More