October 2021
I must have slept through the biggest crash in history that was supposed to have occurred in October. As you would expect I have a bit more to say about this and am just putting together a video.
Ukeireru
Life since the coronavirus pandemic has been a lot to swallow. But in terms of how to cope and carry on, the best first step may indeed be accepting the realities we’ve faced, however difficult or grim. In Japan, the concept of acceptance is fundamental to the traditional culture. There are many Japanese words that translate to…
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Artificial Intelligence and Trading
The next time you come across a piece either in the financial press or on social media touting the wonders of artificial intelligence (whatever that means) for trading consider this piece from the UK where a motorist was fined because the AI responsible for dishing out penalty notices confused the T-shirt of a woman walking…
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Paul McCartney on Writing “Eleanor Rigby”
My mum’s favorite cold cream was Nivea, and I love it to this day. That’s the cold cream I was thinking of in the description of the face Eleanor keeps “in a jar by the door.” I was always a little scared by how often women used cold cream. Growing up, I knew a lot…
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The Cure For FOMO
We have this tendency to revere quotes by famous dead people even when they steer us down the wrong path. Here’s one… Nothing so undermines your financial judgement as the sight of your neighbor getting rich. – J. P. Morgan Morgan was a bully and an egotist so of course this was his take –…
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China’s Energy Crisis
Today at a Glance: China’s energy crisis is best understood through the simple, Econ 101 lens of supply and demand, with a particular focus on the coal market. Demand-side drivers primarily include a booming recovery from COVID-19 lows and a hotter-than-normal year that increased residential power usage. Supply-side drivers include coal shortages, import restrictions, utility…
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Curse our names at the fortune of it. The blind absurdity of these cars gathered together for two days of driving, 48 blissful hours on the edge of autumn at Lime Rock Park. Our own personal legends at our disposal, keys in hand. We invited the machines that made us. Icons that have defined Road & Track across…
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