Not my philosophy but remarkable longevity in an industry where most are transient and leave after a few years if they have not made it big. As she nears 100, Irene Bergman has some advice for enjoying a long career on Wall Street: Don’t do anything stupid. Consider investment returns, the financial adviser at Stralem…
Today I wanted to share my top wealth creating insights from our premier property training event – our 5 day Wealth Retreat. You see…property money As I start preparing the curriculum for this year’s event that will be held on the Gold Coast at the end of May, I’ve been reviewing my notes from last…
Here is my idea for running a hedge fund – open the fund- take everyone’s money – buy an index ETF and then bugger off. I will be hailed a genius because I will trounce 99.9% of all other hedge fund managers. More hedge funds closed their doors in 2015 than at any time since…
What surprised me was how little space real estate occupies.
There is an old saying that goes along the lines of be careful what you wish for, it might come true. From my recent conversations with traders it seems as if this philosophy has started to creep into their psych. The local market seems to have stabilized and commodity prices seem to be moving in…
Although bullshit is common in everyday life and has attracted attention from philosophers, its reception (critical or ingenuous) has not, to our knowledge, been subject to empirical investigation. Here we focus on pseudo-profound bullshit, which consists of seemingly impressive assertions that are presented as true and meaningful but are actually vacuous. We presented participants with…
In the late 1940s, the United States air force had a serious problem: its pilots could not keep control of their planes. Although this was the dawn of jet-powered aviation and the planes were faster and more complicated to fly, the problems were so frequent and involved so many different aircraft that the air force…
Apparently Britain began its first census in 1801 and these are some of the occupations people listed.
All of us have snapped at some point. A stranger cuts in line or a distracted driver nearly hits us and we lose our cool in a sudden fit of rage. As mass shootings continue to make headlines, it is becoming increasingly important to understand the brain circuits that underlie these flashes of emotion. R.…
I was having a catch-up with my good mate and uber cool pad holder Jarrod yesterday. Our conversations tend to range far and wide, yesterday was everything from was The Odyssey by Homer which we agreed was the first modern novel to whether the film clip for Taylor Swifts Blank Space is actually a reflective exploration…
I am an old school sort of guy and this is reflected in the way I approach markets. This approach came about in part because of personality but in part because of the limitations of technology. When I became interested in price action as means by which to generate trading signals the PC was in…
