Official Federal Reserve Hand Signals
Via William Banzai
Where Does Success Come From?
Before you run off thinking that this is going to be some sort of Anthony Robbins new age touchy, feely motivational posting….think again. Let me state at the outset I think motivation is bullshit. To my mind you cannot motivate anyone to do anything unless you have a taser handy. Even then you might have…
DetailsFollow Your Dreams/Passion…..Yeah Right
A recurring topic of conversation I seem to have had lately with people starting out in life/business/career has been should you follow your passion. My answer has been simple. If your passion can pay you a million dollars a year then sure go for it. If not forget it. This may sound somewhat hard headed…
DetailsThe Rally Continues
For those of us who follow instruments moving to new highs the movement in the US market has been very interesting.
Who Would Have Thunk It?
Those looking into the collapse of MF Global reckon they have found 90% of the coin that mysteriously disappeared from clients accounts. Dealbook…..“Investigators have determined what happened to nearly all of the customer money that disappeared from MF Global around the time of its bankruptcy last Oct. 31, but have not publicly disclosed their progress,…
DetailsCertainty
As the New Year, has come and gone we have been bombarded with predictions for the coming year. Despite their best effects those that opt to predict what the market will do in 12 months times can seem to predict their own uselessness – an odd paradox that one. I have not looked at this…
DetailsThe Graduates
WHILE THE CHANTS of the protesters and the thrumming of the drum circle echoed through New York’s financial district, I spent a pleasant October weekend in Chicago drinking with the people who used to occupy Wall Street. It was my 10-year reunion at the University of Chicago Booth School of Business. Obviously I wanted to…
DetailsKodak Part Two
I had been thinking about the Kodak debacle when I remembered this – The Peter Principle states that “in a hierarchy every employee tends to rise to his level of incompetence”, meaning that employees tend to be promoted until they reach a position in which they cannot work competently. It was formulated by Dr. Laurence…
DetailsProfit vs. Principle: The Neurobiology of Integrity
I have often thought that integrity can simply be defined as what you do when no one is looking. Let your better self rest assured: Dearly held values truly are sacred, and not merely cost-benefit analyses masquerading as nobel intent, concludes a new study on the neurobiology of moral decision-making. Such values are conceived differently,…
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