Well….I am still long the Dow, boring that it is. The interesting thing about markets at or around new highs is the emotional problems they seem to bring. Traders struggle with the notion of buying something that is higher than it has been in recent times simply because we have inbuilt cultural notions about what…Details
If you do not know who Richard Feynman is do yourself a favour and buy a copy of the book Genius.
Last year I had the pleasure of training with Dan Inosanto. For those who dont know the name he was a friend and colleague of Bruce Lee’s. We spent an afternoon listening to his wisdom and getting everything i could from someone who was 77 and still in wonderful condition. During one of the breaks…Details
Time to continue the World Cup theme – Some back-of-the-envelope maths regarding Luis Suarez: according to Wikipedia, he has played in 363 club league, cup and friendly matches since breaking through into the Nacional senior team in the 2005/06 season. He’s also played 78 times for the Uruguay national team. He has bitten three opposition…Details
Lengthy but interesting. I have thus far resisted writing anything about Michael Lewis’s book “Flash Boys”, in part because I typically don’t want to waste time on timely issues (instead focusing on topics that are of long-term interest), although it has been a real exercise in self-constraint because there have been few books published in…Details
So popular is the field that behavioural economics is now often misapplied as a catch-all term to refer to almost anything that’s cool in popular social science, from the storycraft of Malcolm Gladwell, author ofThe Tipping Point (2000), to the empirical investigations of Steven Levitt, co-author of Freakonomics (2005). Yet, as with any success story, the backlash has…Details
Its mail time – that time when I look at one of the many emails that hits the inbox. One of the challenges I find in trading is how to take only the best setups. A particular setup might tick all the boxes but there is something different about it and you don’t feel 100%…Details