Predictions….again

Following on from the posting on why fund managers fail to generate positive alpha . I thought I would look at the notion of cognitive blindness and emotional overconfidence within the domain of prediction. This was prompted by set of predictions I came across for this year by a group known as Bespoke who have…

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Put a cork in it Princess

I have written before about the possibility that a lack of sleep might be interfering with your ability to make rational decisions whilst trading. However, it now appears that action at the other end may also be playing a role in your inability to be a calm considered and profitable trend follower. According to a…

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Top 10 Cities

Some observations. 1. For 1500 years the maximum size of cities was capped at around 450,000 inhabitants. 2. China has always had a massive population advantage over the rest of the world – this advantage remains today. Although whether it is always an economic advantage can be questioned. 3. By 1900 you can see the…

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