Optimism

Whilst I was away in the Gold Coast where it is still 1992 and enjoying the delights of probably the worst hotel in Australia I caught up with this little piece in Time regarding optimism and its function as an evolutionary survival mechanism. “Scientists who study memory proposed an intriguing answer: memories are susceptible to inaccuracies partly…

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Warm Ups

I am certain there is something trading related in here –  Less is More: Standard Warm-up Causes Fatigue and Less Warm-up Permits Greater Cycling Power Output Abstract The traditional warm-up (WU) athletes use to prepare for a sprint track cycling event involves a general WU followed by a series of brief sprints lasting at least 50…

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How to Make Money in Microseconds

Donald MacKenzie explores the world of high frequency trading in the London Review of Books What goes on in stock markets appears quite different when viewed on different timescales. Look at a whole day’s trading, and market participants can usually tell you a plausible story about how the arrival of news has changed traders’ perceptions…

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The End of Easy Oil

Interesting feature piece from the WSJ on the end of so called easy oil – that is oil of usable quality that simply gushed out of the ground. No one suggests that the Gulf nations are running out of oil. Heavy oil, although difficult to pump, is abundant. The Middle East alone is believed to hold some…

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