Michael Lewis circa 1989
Michael Lewis the author if Liars Poker which I consider compulsory reading for traders produced this article back in 1989
I liked the company so much I bought it…..
Anyone older than 40 will remember Victor Kiams catchcry regarding his takeover of Remington. Interestingly, there is a modern comparison and that is Apple products. However, the slogan should be adjusted to ….. I took advantage of the slavishly devoted fanboys and bought the company instead of the overhyped products. Below is a table of what you…
DetailsPredictions….again
Following on from the posting on why fund managers fail to generate positive alpha . I thought I would look at the notion of cognitive blindness and emotional overconfidence within the domain of prediction. This was prompted by set of predictions I came across for this year by a group known as Bespoke who have produced a…
DetailsJapan
Striking photos from the Boston Globe.
Returns
This is a rather interesting take on why fund managers are so poor at their jobs.
Put a cork in it Princess
I have written before about the possibility that a lack of sleep might be interfering with your ability to make rational decisions whilst trading. However, it now appears that action at the other end may also be playing a role in your inability to be a calm considered and profitable trend follower. According to a…
DetailsTop 10 Cities
Some observations. 1. For 1500 years the maximum size of cities was capped at around 450,000 inhabitants. 2. China has always had a massive population advantage over the…
DetailsDow
Still congesting…………still no signal for us trend following types.