A blast from the past for all the oldies like me. I once owned a Triumph Dolomite Sprint in glorious yellow – when it went it was a little rocket. The problem was like most English cars it didn’t go very often…..
I had made an exhaustive study of recessions so that I could form a timeless picture of an archetypal recession and then understand the difference among them. I did that for all economic and market movements and was inclined to do it for just about everything, because it helps me understand how things work. One…
Ya reckon….yet another thing that probably got a grant when one wasn’t actually needed. Some things belong in the no shit Sherlock file…. Abstract It is widely assumed that psychopathic personality traits promote success in high-powered, competitive contexts such as financial investment. By contrast, empirical studies find that psychopathic leaders can be charming and persuasive,…
The US is often touted as the land of the entrepreneur where everyone with with a bit of get up and go starts a business and climbs their way to the top. Apparently this isn’t so.
I came across this chart the other day – it shows the collapse in the income of the bottom 50% of the population versus the gain of the top 1%. I am not certain who actually thinks this sort of thing is sustainable.
I am currently in the process of adding the finishing touches to our upcoming seminar series and in doing so I was looking at the notion of long term wealth creation and why it is so hard for traders to simply sit still and not doing anything when the market is running in their favour.…
I am currently making my way through Ray Dalio’s collection of thoughts and it is proving to be an interesting read. Dalio is an interesting individual with an interesting take on life – this obviously explains in part why his hedge fund Bridgewater has a somewhat interesting reputation for having an unusual corporate culture. What…
The sad news of the passing of Roger Bannister, the first human being to run a four-minute mile, got me thinking about his legacy — not just as one of the great athletes of the past century, but as an innovator, a change agent, and an icon of success. As it turns out, when he broke…
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