Wedding of the Year
I tend to agree. Being shot out of the right vagina or playing hide the sausage with the right person should not decide your status. Nor should it imply a status that puts you above everyone else.
How heavy use of social media is linked to mental illness
According to a survey in 2017 by the Royal Society for Public Health, Britons aged 14-24 believe that Facebook, Instagram, Snapchat and Twitter have detrimental effects on their wellbeing. On average, they reported that these social networks gave them extra scope for self-expression and community-building. But they also said that the platforms exacerbated anxiety and depression, deprived…
Details
A Beginner’s Guide To Peter Gabriel: 27 Essential Tracks
A Beginner’s Guide To Peter Gabriel: 27 Essential Tracks Intriguingly my favourite is missing, although Red Rain comes a close second. This gets the guernsey because of its role in the film Say Anything.
Details
Mum And Dad Investors Are Snowflakes
I have been thinking about this piece I posted yesterday. The central tenet is that to admit a mistake is to undermine one’s sense of self. Thus doing so is extremely difficult for professional money managers. My thoughts have drifted to the current round of pending and proposed legal action by shareholders against various companies,…
Details
Why Can’t Fund Managers Admit Mistakes?
A good piece with applications at all levels of trading. “It infuriates me to be wrong, when I know I am right.” (Moliere) In a previous job, I worked for an investment consultant who employed a psychologist to assist in their fund manager research process. I vividly recall her making a particularly astute point about…
Details
Bitcoin Drawdown
Since I had a look at the MaxDD for MNF yesterday I thought it would be interesting to see the same for BTC. One of the arguments put forward by BTC fetishists is that BTC would display lower volatility than other currencies or payment methods. Somehow I dont think this claim stacks up, not unless…
Details
Quote Of The Day
Do every day or something for no other reason than that you would rather not do it, so that when the hour of dire need draws nigh, it may find you not unnerved and untrained to stand the test.” – William James.
Details
Hindsight Is The Perfect Investment Tool
It is often the preserve of finance journalists to suffer from the almost terminal affliction of hindsight bias – this sort of creeping determinism that some things were obvious all along. Recently I came across an excellent example of this whilst trawling for an online chart on Yahoo Finance. The piece breathlessly claims How buy and…
Details
