Archive for August, 2008

Fool me once, shame on you…

This post is not about betting but I need to vent my anger at the UK and US government latest attempt at ‘magic’, a.k.a. quant-easing. Those of you who follow betting may be interested in the concept of ’something for nothing’ and so this post may be of interest.

When David Blane levitated an inch from the ground, it was impressive. But it was, of course, magic; a trick. “Yeah, David, that’s good and i’ve not seen it before, full marks. But, if you really could fly, you’d shoot off in to the air. Now, if you don’t mind, I was on my way to buy the latest edition of ‘Hello’, ‘TVKwik’ and ‘I’m in a stupified coma fed only by media tripe and kept alive by the knowledge that when I feel down I can always go shopping and buy something shiny’. See you next time”. Continued

Trading Fund up over 400%

The performance of the Funds are now beginning to take shape. At the end of February, the Championship Fund is up 118%, Premier League Fund up 48% and the Trading Fund up 408%. Most of the gains in February have come from Championship tips including yesterday’s tips to back Notts Forest at Reading and Plymouth at Wolves.

Whilst the gains in the Premier League Fund may not seem as impressive as the other Funds, it does have the highest Sharpe Ratio at 2.16, by virtue of it’s low volatility month to month. Having said that, the Championship volatility is mostly high due to the Fund volatility being calculated from just 2 months.