I have written often about how appalling the social sciences are at prediction and I include the financial markets within this soft science definition. The chart below shows that intriguingly this is not the case with other sciences – longer term weather forecasts are becoming more and more accurate. The interesting thing is that economists have…
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It has been sometime since we had an email of the week. So I offer the following without comment. YES HI LOUISEMY name is ………..I am a researcher YES I research gaming also see my sitewww……….. it is different opportunityI just move to …… two months ago I just purchase my…
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If new thoughts about illness and recovery—or old thoughts in new form—have been stimulated by thinking back to my first patients, they have been given an unexpected salience by a very different personal experience in recent weeks. On Monday, February 16, I could say I felt well, in my usual state of health—at least such…
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One of the few books in my investment library that I still thumb through on a regular basis is Market Wizards – every other book gets read once and then dumped in the back of the bookshelf. One lesson that I took from Market Wizards was from Stanley Drunkenmillar who used to run George Soro’s…
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Nice wheels although we do have vastly different definitions of what entry level means…..click the pic…
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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