I’ve often thought that trading is the world’s most equal opportunity employer. This wonderful fact comes about because the market neither knows nor cares about you. Therefore by extension it doesn’t care about your age, race, religion, sex or education. The fact that you may have an MBA from the Wharton School of Business or…
DetailsWas sent these pics of Greek Air Force Mirage that decided it preferred life as a submarine and just couldnt help but compare it to the Greek Economy. I am not so certain that the Greek economy will be lifted out of the drink so easily.
DetailsI occassionally play a thought game with friends – the object of this game is to see if it is possible to blow through a vast fortune and have nothing to show for it. Apparently it is quite easy – When two British lawyers, Faith Zaman and Thomas Derbyshire, signed on in 2004 to manage…
DetailsOne thing has me puzzled – apparently because of the PIIG’s the financial world is about to end. Yet, oddly enough for a world that is about to go tits up there is a remarkable lack of fear in the market as evidenced by the continued tendency of the VIX to dwaddle along doing nothing…
DetailsJorge Cham is a former roboticist who gave up acemia to become a comic, he produces the comic strip PhD Comics His little graphic below whilst referencing academic presentations is pretty much spot on for any presentation.
DetailsLittle essay from the NY Times reviewing – The Science of Evil: On Empathy and the Origins of Cruelty by Cambridge cognitive scientist Simon Baron Cohen (his cousin is comic Sasha Braon Cohen) Cohen also discusses the same concepts here If ever you wanted an example of the appalling nature capacity of the human race consider…
DetailsThe title says it all. For those who are a bit short on their history a quick primer on the Tuskegee Airmen can be found here
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…
DetailsAs 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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