I have been sitting on this one for a bit since I am not convinced. The practical me – that is the one who has a business that regularly confronts losses is not convinced. Loss aversion, the idea that losses are more psychologically impactful than gains, is widely considered the most important idea of behavioral…
I caught this over the weekend and it is well worth finding on Google Play, Amazon or iTunes. It is particularly good if you have a nostalgic itch for the old style record store.
When I was a student I used to work security be it pubs, concerts or private functions. It paid reasonably well and suited the lifestyle of a full-time student who was also training with state teams. A good night was simply watching girls with big hair dancing around their handbags to Bananarama at the 21st…
Following on from my last missive I have cobbled together a list of the additions and deletions since 2011. Additions Deletions Afterpay Touch Group (APT) Asaleo Care (AHY) Appen (APX) Iron Mountain Incorporated (INM) Inghams Group (ING) Retail Food Group (RFG) Unibail-Rodamco-Westfield CDIs (URW) Westfield Corporation (WFD) OneMarket Limited (OMN) Mantra Group (MTR) IDP Education…
If you thought traditional finance had very little credibility try astrology…… It’s 11 a.m. at the Princeton Club in Midtown Manhattan. A number of financial professionals have gathered here for the “AFund June 2018 Natural Resources Investment Symposium.” Our first speaker is HSBC’s chief precious metals analyst, the aptly named James Steel, who promotes gold…
This is a question I have been pondering for the past few days and it has come about as a result of several conversations Scott L and I have had regrading some testing we are looking at. It seems that the extreme survivor bias of the index is causing all sorts of problems. When you…
Very good piece by Dr Brett Steenbarger. We’ll never find our peace by succeeding at trading. Succeeding at trading requires finding our peace, because that’s the only way we’ll be sufficiently open-minded to truly understand what markets are doing. Finding fulfillment in our lives outside of trading is a wonderful path toward bringing peace to…
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