Socialist or Capitalist

Great little piece on the gains in markets under various economic philosophies. This is the most telling chart from the article.You will note that we rank 17th out of 18 countries and the laissez–faire Yanks rank 15th. The orignal article from which this chart is drawn can be found hereand it makes a few interesting…

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Head Shrinking

As an intellectual pursuit trading is not a difficult endeavour, the rules are quite simple and they revolve around the central tenet of cutting your losses and letting your profits run. This maxim has been with traders for generation and a failure to recognise its importance has even afflicted the greatest traders. The late Jesse…

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House Hunting

I have never been a real estate person – I have always found the process of buying a home to be time consuming, stressful and to be honest friggen primitive. There is all that paperwork, talking to banks, dealing with land rats and then you have to wait for several months before you actually get…

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Risk

There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don’t know we don’t know. Donald Rumsfeld, Former US Secretary of Defense If…

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