Moomin Valley

Personal Finance, Investing, and Economics

Monday, March 30, 2009

Key

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Finally today I got the key to my office and Snork Maiden and I moved some of my books and files in there this evening. My computer should b...
2 comments:

Moominvalley, 2612, ACT, & Australia

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Continuing the http://moominhouse.blogspot.com/2009/03/2006-7-income-and-tax-for-act-and.html">series on income and tax in the ACT a...
Sunday, March 29, 2009

Sydney Trip

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Most of last week we were on a trip to Sydney together with the "Snorkparents". The picture is the view from Watson's Bay of t...
Friday, March 20, 2009

2006-7 Income and Tax for the ACT and Australia

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Following up on Friday's post I've calculated the per capita breakdown of different income sources for all ACT postcodes and Austra...

Annual Australian Tax Statistics 2006-7

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The annual report on Australian tax collections has just been published by the ATO. It's just crazy that "the vast majority of peop...
4 comments:
Tuesday, March 17, 2009

Credit Suisse/Tremont Hedge Fund Index Again Impacted by Rogue Fund

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The final Credit Suisse/Tremont numbers are in for February with the index losing 0.88%. In a replay of the Madoff scandal , equity market ...
Monday, March 16, 2009

Book Review: Tim Ferriss - "The 4-Hour Work Week"

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Snork-Maiden somehow convinced her employer to buy this book for their library :) I have mixed reactions. It's not one of these books th...
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Sunday, March 15, 2009

Career - Next Steps

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The chairman told me that I interviewed very well and he doesn't have any feedback in that regard and if I find somewhere more matching ...
Friday, March 13, 2009

Didn't Get the Senior Lectureship

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I just heard that I didn't get the Senior Lectureship (Associate Prof in the U.S. system) position at the University down the street fro...
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Thursday, March 12, 2009

Australian Unemployment Rising, But Still Low

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Chart at Peter Martin's blog .

Planning Our Trip to Europe

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Snork Maiden yesterday got a rejection e-mail for the paper she submitted to a conference in Slovenia. Having organized an international con...
1 comment:
Tuesday, March 10, 2009

Book Reviews: Gladwell

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I read Blink by Malcolm Gladwell. While it is a good read I found it rather frustrating. I agree totally with the tone of the http://en.wiki...
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Credit Suisse/Tremont Hedge Fund Index Estimated to Finish down 0.45% for February

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New York, March 9, 2009 Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index will finish down 0.45% in February (based on 59...
Friday, March 06, 2009

Topped-Up Australian Margin Loan

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I paid down $A1000 of my Australian margin loan to reduce the risk of a margin call. It's one thing I can do to reduce anxiety. Still wa...
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Day Starting Badly.... Will it End Well?

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Today I'm supposed to get my contract for the one year job and hear the outcome on the permanent job. Well, they said on both: "By ...

Hedge Fund Performance for February

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The HFRX (daily small sample) index lost 0.38% for February . As you know stock market indices fell sharply with the MSCI World Index down 9...
Thursday, March 05, 2009

February 2009 Report

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I don't feel like writing my standard monthly report this month - too depressing. The market keeps going down with the MSCI down 9.73% a...
Wednesday, March 04, 2009

Book Reviews: Zilliak and McCloskey and Taleb

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Snork Maiden brought home borrowed copies of Ziliak and McCloskey's "Cult of Statistical Signficance" and Taleb's "T...
Tuesday, March 03, 2009

World's Top 200 Universities

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All the universities I've studied or worked at are on this list . There's some luck in that. I've interviewed for jobs at some t...
1 comment:

Career Update

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The interview went smoothly but I think my chances are 50:50 on getting the job. Some people seem enthusiastic about hiring me while others ...
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Saturday, February 28, 2009

Interview Preparation

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I completed my presentation slides on Thursday and today went over to a colleague's house to run the presentation by him. I was meant to...

Moominmama February 2009 Performance

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Moominmama's portfolio saw another loss this month of 3.66% in USD terms. The MSCI World Index was down 9.73% and the S&P 500 close ...
Thursday, February 26, 2009

Hedge Fund Performance for January

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While the HFRX index saw a gain for January , HFRI * had a loss of -.04% . That's still great compared to the equity markets. Credit Sui...

Abolishing Corporation Tax Makes More Sense

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Apparently momentum is growing to abolish Australia's system of dividend imputation . In Australia companies pass on tax credits attache...
Wednesday, February 25, 2009

Career, Financial, and Family Update

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Yesterday, I went to a meeting at the government department that is funding my research project . One person left early and the most relevan...
1 comment:
Tuesday, February 17, 2009

Bounce in the Baltic Dry Index

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As is the case for non-US crude oil prices there's been a bit of a bounce in the Baltic Dry Index of shipping costs. Of course, it cou...

Ordering Computer

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Some progress on the job front. A computer is being ordered for me from the project funds and a meeting being set up with the funders to d...

LinkedIn

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I just joined LinkedIn . I don't really understand how it works or whether it is useful, but figured it is yet another portal to channel...
6 comments:

Cable TV

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I went along to my local TransACT office to ask about changing our broadband/phone plan into one that includes cable TV. Snork Maiden's...
1 comment:

Credit Suisse Yearbook

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Great report from Credit Suisse on global equity returns.
Monday, February 16, 2009

Why Petrol Has Gone Up in Price Though Crude Hasn't

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I've noticed that petrol (gasoline) has gone up in price from a low of $A0.99 a litre ($US2.41 a gallon) to around $A1.25 a litre ($US3....
3 comments:
Sunday, February 15, 2009

Commonwealth Securities Service Deteriorating

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After ranting yesterday about Ford , today it's Commonwealth Securities turn. I don't like putting down companies but I feel that c...
Saturday, February 14, 2009

How Much Does That Cost?!

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We got the major part of our car repairs done cheaply . Today we finally picked up from the Ford dealer the silver trim that goes on the bum...
Wednesday, February 11, 2009

Kuranda Trip

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I signed up for a trip to Kuranda - a small town or village about 30km from Cairns. They pick you up by bus and take you to the terminal of...
Tuesday, February 10, 2009

Cairns

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I'm on my first business trip of my new job at a conference in Cairns, which is on the coast of northern Queensland deep in the tropics....
Sunday, February 08, 2009

January 2009 Report

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In USD terms we pretty much matched the MSCI index this month. Of course, this was its worst January ever. In Australian Dollar terms perfor...
Saturday, February 07, 2009

I Won't Get a $950 Tax Bonus

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According to an article in the Australian Financial Review today, I won't be eligible for the Australian government's $A950 stimulus...
Friday, February 06, 2009

A Little Normalcy Returns

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While stock indices had their worst January in history, globally, hedge funds did fine . The return of uncorrelated returns :)
Thursday, February 05, 2009

NDS Deal Closes

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The deal to take NDS private finally passed its last hurdle today. I last bought back into the stock on 19th December at $49. The takeover ...
Wednesday, February 04, 2009

Venture Capital: 1992 vs 2000

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http://woodwardhall.wordpress.com/2009/02/02/venture-capital-in-the-recession/">Interesting comparison of the outcomes for venture c...
Tuesday, February 03, 2009

Why $950?

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The Australian government announced its second stimulus package today . Included is a bonus payment of "up to $A950" for every wor...
Monday, February 02, 2009

EBI Saga Finally Resolved

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In the end 27% of shareholders (including 6000 of my own shares) opted to participate in the new unlisted hedge fund of funds EAIT . The rem...
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Saturday, January 31, 2009

Moominmama January 2009 Performance

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Moominmama lost 1.39% in January. That's not bad considering the MSCI World Index lost 8.51% for the month. This is the portfolio breakd...

When You Have $60 billion, Losing $4 Bllion isn't so Bad!

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The Future Fund reported its results for the last quarter of 2008
Friday, January 30, 2009

Levitt on Credit Cards

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Following up on my post about EFTPOS policies Steven Levitt is commenting on credit cards . Nothing much new there, but one of the commente...
1 comment:
Wednesday, January 28, 2009

Saving

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Now that I am going to have a job I'm setting up a regular savings plan of $A500 a month from my salary to match the plan we already ha...
4 comments:

Bank Santander Compensates Clients Hit by Madoff

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Any chance Man Financial will do this for its clients who suffered losses (if relatively small) in RMF ?
Tuesday, January 27, 2009

Happy Year of the Buffalo

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Buffalo sounds better than Ox :) We should celebrate with mozzarella cheese :P
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Friday, January 23, 2009

Second Round Interview

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This morning I met my colleague who helped me with the grant application and began to work out the details. It'll take a little while to...
3 comments:
Thursday, January 22, 2009

Interview

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At least I was dressed smarter than my interviewers. I had my shirt tucked in :) Not sure how well it went, I should hear early next week if...

Rear View Mirror Retirement Allocation Advice

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Christopher Joye in an article in the Business Spectator today performs a retirement portfolio optimization using historical Australian dat...
Tuesday, January 20, 2009

Research Proposal Approved

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I just heard that my research proposal was approved. We haven't got any details yet but we proposed that I work on the project for one ...
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EFTPOS Miminum Payments: A Silly Policy

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On our way back from the Ford dealer where we put in an order for the missing bit of silver trim , we stopped off in the suburb of Dickson ...
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Monday, January 19, 2009

Car Repairs: $550 or $1250

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The back of our car got run into a stone wall - like most car accidents it happened close to home - in the driveway of our apartment buildi...
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Sunday, January 18, 2009

Janus US Short-Term Bond Fund

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This is the other bond fund in my Mom's portfolio. It has done very well in recent years, though it didn't do much just after we bou...
Saturday, January 17, 2009

Buy High, Sell Low

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Investors in TFS Capital's Market Neutral Fund continued to buy high and sell low as a group in the four months ended October 31st, as I...
Friday, January 16, 2009

HFRI vs. HFRX

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Here are the HFRI hedge fund indices for December and 2008 which differ quite a bit from the HFRX results I posted before. HFRI tracks arou...
Thursday, January 15, 2009

Invesco Sterling Bond Fund

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This is my Mom's largest single investment at 12.6% of the portfolio. It wasn't planned this way. I instructed Citibank to buy a giv...
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Man to Sue over Madoff

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Man Investments will sue over its Madoff related losses . Don't know if it will do any good but that's better than nothing .
Wednesday, January 14, 2009

Wordle

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This is a graphic of this blog created using Wordle . I posted a couple of these created by Paul Kedrosky earlier .

Breaking the Buck was the Problem

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A discussion of Bernanke's speech yesterday argues that it was the impact of the Lehman collapse on the Reserve Money Market Fund and...

Social Class and Choice

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A comment I posted on " Graceful Retirement " as part of the ongoing discussion about Meg's blogposts : "I'm not too ...
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Tuesday, January 13, 2009

Endowment Style Portfolios for December 2008

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When I tried to optimize the performance of the asset mix used for the portfolios in my post about endowment style portfolios by maximizing...
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Preliminary Credit Suisse Indices for December 2008

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Yesterday I reported on HFRI's indices for December 2008 . Today Credit Suisse/Tremont released preliminary results for the month. Credi...
Monday, January 12, 2009

Hedge Fund Indices for December

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By comparison the MSCI All Country World Index rose 3.67% in December but lost 41.85% for 2008. Macro - the strategy made famous by the like...
Sunday, January 11, 2009

SuperAlphaFund

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Superfund is now offering a fund in Australia. This company, which originated in Austria, offers managed futures products to retail investo...
Thursday, January 08, 2009

CALPERS Allocation

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CALPERS (the California state retirement fund) provides detailed information on their asset allocation. CALPERS has much more of a traditio...
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About Me

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mOOm
I'm an economist and an active investor and currently live in Australia. I'm a global investor though I focus on investments in the Anglophone world and particularly in Australia. This blog tracks investment performance and discusses personal finance, investing, and trading from an economic perspective. In the picture, Moomin is looking for treasure.
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