You stand before three closed doors. The doors are evenly spaced and appear identical, aside from being numbered from 1 to 3. One of the doors conceals a car, while each of the other two doors conceals a goat. The host of this game, Monty Hall, asks you to select a door. If you select the…
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Whilst having breakfast at my local this morning I spied a piece on the resurgence of Microsoft (MSFT) under current CEO Satya Nadelle who has managed to move the company beyond some the disastrous decisions made by former CEO Steve Ballmer. The thrust of the piece was the MSFT was worth almost as much as…
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More here – National Geographic
One of the problems with trading is that it is awash with various pieces of wisdom and mythology that dont stand up to scrutiny. I try as much as possible to run an evidence based life and when I dont understand something or I hear something that is a bit off the stock standard piece…
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If asked what we truly want in life, most of us would say we want to be happy. How to achieve that, however, isn’t so clear. The U.S. founding fathers may have identified the pursuit of happiness as an unalienable right, but most of our beliefs about how to pursue happiness are wrong, says Alex…
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Consider the headline below – Source – The New York Times I am still surprised within academic circles that the value of exercise in delaying many age-related illnesses is still a matter for debate and that the press react so breathlessly to these pronouncements. And you don’t even have to go to the gym to…
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I spied this little piece from the NY Times which had the accompanying headline and graphic. The recent pullback in the US quite naturally took a lot of the high flyers with it. What caught my eye was not that these stocks had fallen but that their drop was seized on by many commentators as…
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