MiB: Paul Wilmott on Trouble with Quants
Being Home
I find returning home from my regular jaunts to be a jarring experience. I can feel the gears of my life away grinding with those of my “regular” life. When this first began to happen I used to think it was simply a case of jet-lag or post holiday blues but over time I have…
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How to Recharge Before You Lose All Your Money
Take a mental health day whenever you feel you need it. No one is going to be there to give you permission to do so. Trading is a grind and a marathon. Doing the same thing day in and day out can become monotonous. You’re not loser nor are you losing focus by taking care…
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What Is Bitcoin, and How Does It Work?
If you find the concept of Bitcoin confusing, you are not alone. The virtual currency has been a constant source of controversy, but it is still not well understood. More here – The New York Times
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Stress hormones in financial traders may trigger ‘risk aversion,’ contribute to market crises
High levels of the stress hormone cortisol may contribute to the risk aversion and ‘irrational pessimism’ found among bankers and fund managers during financial crises, according to a new study. Cortisol is a hormone secreted by the adrenal glands in response to moments of high physical stress, such as ‘fight or flight’. Importantly, cortisol also…
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8 Subconscious Mistakes Our Brains Make Every Day–And How To Avoid Them
Get ready to have your mind blown. I was seriously shocked at some of these mistakes in thinking that I subconsciously make all the time. Obviously, none of them are huge, life-threatening mistakes, but they are really surprising and avoiding them could help us make more rational, sensible decisions. Especially since we strive for self-improvement…
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