The Pain…

FREUD ONCE SAID “One day, in retrospect, the years of struggle will strike you as the most beautiful”. What pain are you willing to go through to become a profitable trader? So many of us want to skip the struggle and go straight to the reward. Life doesn’t work that way. The traders who decide…

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A Cocktail With Stockbot

“AHHH… STOCKBOT… What an insightful, mechanical trader you are!” I said, as I sipped my margarita. “Teach us your ways, oh wise one. We are but mere fallible trading humans, struggling to achieve your level of perfection.” And… at that… Stockbot took a liberal gulp of his own cocktail – a long, cool glass of…

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I am a Winner

If you have ever wondered why the world is like it is consider the image below which is a snip of an email I received this morning. Apparently in their largess the UN has decided to give me $7.5M if I send them $12,000. Intriguingly scams like this are like any other business, you wouldn’t…

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Base Metal Prices

Sometimes when you look at a group of prices what you see is not necessarily what you get as I found out when I had a quick look at base metal prices. What triggered this little foray into a segment of the market I dont really deal in was the piece below that appeared on…

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Is It Ever Too Late to Pursue a Dream?

Dry heaves racked Dan Stoddard’s body as he bent his 6-foot-8, 325-plus-pound frame awkwardly over a toilet, shaking as he vomited up the Gatorade and other fluids he had consumed in an attempt to stave off dehydration. The 39-year-old hadn’t slept well in days, and even when he did manage some shut-eye, it was only…

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How To Deal With Regrets

“Mistakes are the portals of discovery” wrote the author James Joyce. I recently spoke with a young analyst in Private Equity who wanted to take a pragmatic look into regrets with one qualifier – “not the deathbed kind.” He wondered aloud, what were some common regrets of people ten or twenty years older? And did they…

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