One of the good things about being young is that you can trade stupidity for time – this is the strategic advantage of being young. The excess time you have remaining in your account enables you to recover from the majority of stupid things we all do when we are young. At the AIA conference…
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If only we had something left after the mining boom other than a bunch of whinging billionaires and a some big arse holes in the ground….. More here – Norway’s gargantuan sovereign wealth fund, by the numbers
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I particularly like these two – 6. DON’T TRY TO FIT IN Too often, we try to fit in with our environment because we think it will help us move forward, but the person who embraces their differences stands out, says Sally Hogshead, author of How the World Sees You: Discover Your Highest Value…
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I thought this little snippet belonged in the Its Friday section because surely being rewarded with a multi million dollar bonus for overseeing a financial planning division that committed wholesale fraud is taking the piss……isn’t it? This actually tells you all you need to know about the culture of Australian banks.
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There is something in the rationale of people choosing hedge funds as a vehicle that I am not getting. The sales pitch must be amazingly slick or people are still captive to the false narrative that hedge funds are enrichment vehicles for someone other than the manager. Investors poured $70.9 billion into hedge funds in…
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More than likely. The interesting thing about this piece is that whilst it is largely directed as the Chinese community and their approach to numerology and its perceived importance in decision making the same sort of irrationality applies universally. You need only pick up a copy of our local trading magazine Your Trading Edge to…
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What prompted this little piece was I was reviewing someones trading plan and one of the reasons they listed as wanting to trade was fun and my immediate thought was they are not long for this world. The problem with the notion of fun is that represents an emotional investment in the trading process. this…
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