Average performers believe their errors were caused by factors outside their control: My opponent got lucky; the task was too hard; I just don’t have the natural ability for this. Top performers, by contrast, believe they are responsible for their errors. Note that this is not just a difference of personality or attitude. Recall that…Details
I have just finished wading through The Physics of Wall Street by James Owen Weatherall which tracks the impact of quantitative traders on both finance at large and Wall street in particular. As the title suggests it concentrates most on physicists who have made the leap into finance and with them have brought their impressive…Details
When novice traders enter the world of trading they are bombarded by all sorts of rubbish about what to do and how to do it. Unfortunately, very little of this material covers what is actually important and none of it seems to mention the words courage and patience. I have spoken about the notion of…Details
I have no idea why I find this interesting. Whoosh!” bragged geneticist Michael Myre, spreading his fingers and pushing his hands away from his body. “That’s what they’ll do.” ‘Whoosh’ is not a word often applied to the slime mould Dictyostelium discoideum — affectionately called ‘Dicty’ by its devoted following of cell biologists and geneticists — but Myre,…Details
I remember sitting in an airport watching this unfold on the tv’s in the lounge trying as hard as I could not to get overly shitty that I had chosen now to be in between offices….. In 1992, George Soros brought the Bank of England to its knees. In the process, he pocketed over a…Details
I have been waiting for awhile for a breakout of congestion to enable me to go long the Dow. Looks like I will have to wait a little bit longer.
This great little piece was originally posted on the Mentor Alumni forum by PGH and I had completely forgotten about it like a peanut. Fortunately, I was reminded of it so I could post it here. The original piece can be found here – Fear is the Root of Your Problems By Leo Babauta Every problem you or…Details