LB and I are in the process of going through a series of trading plans and I found the chart below in one of the back and forth bits of communication we have been having with a mentoree. I have always been fascinated by growth curves of various sorts I suppose it comes from a…
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If, like many, you are searching for your calling in life – perhaps you are still unsure which profession aligns with what you most care about – here are five recent research findings worth taking into consideration. More here – Big Think
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As newborns, we enter the world by inhaling. In leaving, we exhale. (In fact, in many languages the word “exhale” is synonymous with “dying.”) Breathing is so central to life that it is no wonder humankind long ago noted its value not only to survival but to the functioning of the body and mind and…
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Picture this, LB and I are sitting in an inner city restaurant having lunch with a pair of individuals who work in this space. We should have been forewarned by the choice of venue as this was a place where we had meet a broker from Sydney for lunch, who instead of paying the bill…
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Brilliant opening quote…. “Forecasting: the attempt to predict the unknowable by measuring the irrelevant; this task employs most people on Wall Street.” The words of Jason Zweig, author of the Devil’s Financial Dictionary, are particularly apt at this time of year. We hear a lot from financial forecasters every January, as strategists prognosticate on what’s in store…
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It always struck me that golf and trading were closely related in that in a golf tournament the person who wins is the one who makes the fewest catastrophic errors. And when they make those errors it is the person who manages their mental state afterwards who wins…
Around about now Wall Street and others begin to trot out what their predictions for the coming year are. The latest round of such crystal ball gazing can be found here in an article by Bloomberg called Here’s (Almost) Everything Wall Street Expects in 2019 You can peruse this sort of nonsense at your leisure.However, before…
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It is without question that investors now have easy access to more information than ever to guide decision making; optically, this surfeit of data appears to be a positive – who doesn’t want more ‘evidence’ to inform their judgements? Yet there are a number of potential drawbacks, most notably the challenge of disentangling signals from…
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