Another attempt to fill this gap: http://www.filtrbox.com/overview.php

Via FT: As the economy crumbles, the Lipstick Index - that frivolous financial barometer that says cosmetics sales rise in direct relation to free-falling finances - has jumped. Sales in the last few months are up 40 percent.The idea here is that rather than go for the £100 pair of boots or dress or whatever, women will instead opt for a £10 lipstick pick-me-up in times of economic uncertainty.

“You don’t really care until you care” (meaning until you have a position) - Anonymous Trader How true ? A quant might built a SVI parametric stochastic vol model and calibrate the parameters , produce beautiful graphs and sleep peacefully at night assuming that one has created a fascinating fit. Little does it matter in real world. If the same quant were asked to trade S&P options , then probably the whole model development might be approached from a different perspective.

Picked up this book from B&N today . Reader friendly 150 page book that I managed to read over the subway ride back. Well, I was just curious to find out what makes the system so addictive . In the past, I had witnessed a couple of abacus competitions and was amazed by the speed with which calculations are done. There are atleast 2 clubs that I am aware of in Hyd(India).

Better than a hundred years of mischief is one day spent in contemplation. Better than a hundred years of ignorance is one day spent in reflection. Better than a hundred years in idleness is one day spent in determination. Better to live one day wondering how all things arise and pass away. - Zen