2024 League Table
I ran off an early list of ASX top performers for 2024. There are always opportunities – markets are generous that way.
Wrong
Wrong – unless it is a catastrophic event such as WW3 breaking markets are not looking at today, but what might be possible scenarios in 12 months. And clearly they are not happy with what they see.
Its Amazing What Happens.
When you remember you are simply a passenger and you leave things alone.
Let Compounding Do Its Work
Hendrik Bessembinder’s latest paper asks the question – which US stock has generated the highest long-term returns?[i] The answer is Altria Group (formerly known as Philip Morris). Over 98 years the tobacco company produced a cumulative return of 265,000,000.00 percent! Based on this it would be easy to write about how lucrative it can be…
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Why Do Traders Trade?
Here is a quick quiz. Why do the majority of traders trade? If you answered to make a buck then you are unfortunately wrong. The overwhelming evidence is that the majority of traders trade for entertainment value. If allowed to make a lesser gain but trade more versus trading less but making more traders generally…
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Hype Versus Reality
I will pop this here as a reminder that noise often does not indicate what is moving in markets. And so we are back to the issue of thinking.
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Thinking Is Good For You.
This image appeared on my LinkedIn feed last week and you may ask what it has to do with trading. The answer is quite simple—a lot because the image itself and the responses it generated demonstrate why people fail at investing. All the responses I saw agreed—they were little more than echoes of the original…
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The ASX Might Be Stuffed
Next year the US plans to move their markets to 23 hour a day trading. Here are a series of charts illustrating why this move might completely stuff the ASX.
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A Mindful Framework for Trading Decision-Making
Eckhart Tolle’s philosophy on embracing the present moment confers a powerful lens through which to analyse both personal well-being and trading strategies. This perspective suggests that resistance to reality generates psychological distress while embracing the present fosters clarity and more constructive outcomes. Within the trading realm, mindfulness—a concept often misconstrued as abstract or mystical—represents a…
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