The Big Picture

Unfortunately, most of the material you encounter regarding trading is skewed towards ever decreasing time frames. This is probably reflective of the capacity of data to now be broken easily into time frames, the profoundly short attention span of the majority of traders, and the inability to step back and look at the bigger picture.…

Details

How To Win At Life

When Simone Biles pulled out of the gymnastics events, she brought an unprecedented focus on the psychological challenges of elite sport. One of the greatest athletes of all time had decided to prioritise her mind over the will – and enormous pressure – to win. “There is more to life than just gymnastics,” she said. After taking…

Details

Doing The Tough Stuff

When we embrace discomfort, it changes how we handle the tough stuff. A study that came out after the book was finished largely validates this sentiment. Researchers had individuals do some of the hardest things in modern society: consider political viewpoints from the opposite side of the aisle on the most controversial topics. When ​researchers​ primed subjects…

Details

The Most Important Thing(s)

My daughter is soon due to change schools and I recently spent an hour being shown around a potential destination for the next seven years of her education. As we were being told about how many lunch options there will be available each day, my mind started drifting off into the topic of decision making…

Details

Much Ado About Nothing

Every now and again graphics like the one below will pop up. They show either the NDX chart year to date, the top 10 stocks in the NDX year to date, or a combination of the day. Apparently, this is meant to represent some great form of moral hazard that we are being informed about…

Details