Our Gambling Culture

We tend to speak of short-termism as though it’s a problem that only afflicts investors or corporate leaders, but that’s not the case. Short-term thinking pervades our most important institutions, from government to households. We’ve created a gambling culture in which we tune out everything except the most immediate outcomes. If we’re going to meet our…

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Jim Simons Story

As the average investor or trader who the worlds best investor/trader is and chances are the name Warren Buffett will be thrown around liberally. Unfortunately, like most things the masses believe they are wrong. The best I know of in in this field is Jim Simons who has a truly remarkable public record. The two…

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What If Sir Isaac Newton Had Been a Trend Follower?

Interesting look at bubbles and the impact of timing upon them. Abstract:       Investment manias and financial bubbles have likely existed for as long as humans have been involved in financial markets. In this research piece we take a look at some of the more famous market bubbles in history and the extreme volatility…

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When ‘Moneyball’ Meets Medicine

What’s worse: Ebola or AIDS? Measles or malnutrition?Lung cancer or low back pain? As individuals, as a nation, and as a global community, where should we focus our time and money to improve lives the most? The way we usually answer these questions is to count the number of deaths: The more people killed, the more important the problem. Counting deaths…

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