Decision Fatigue

You may want to pay attention to the physical timing of your decisions to enter new trades. Decision fatigue helps explain why ordinarily sensible people get angry at colleagues and families, splurge on clothes, buy junk food at the supermarket and can’t resist the dealer’s offer to rustproof their new car. No matter how rational…

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Outliers

It is now nearly two years since events conspired in such a way as to send bushfires of unparalleled size and ferocity across Victoria. The time between then and now has been spent dissecting why the fires were so bad, our response so inadequate and how to avoid such an occurrence in the future. To…

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Gold

Here is one of those charts courtesy of JP Morgan that look interesting but which I never really understand the value of. Whilst history is interesting I am uncertain as to the relevance to traders of inflation adjusted charts since I dont know anyone who is interested in holding gold for 40 years. Unless you…

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More Money Than God

Just working my way through this book by Sebastian Mallabywho does a good job of not only taking you through the complexities of the world of hedge funds but also introducing some seriously odd but talented people. For example I had no idea that Alfred Winslow the founder of the first ever true hedge fund…

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