Whilst wading through all the associated bibs and bobs that accumulate when you are away, this article popped into my feed this morning. For those too lazy to read it and I wouldn’t blame you it is a mild hysteria piece by Fairfax on the collapse of China’s state owned energy producers – PetroChina. Apparently,…
Whilst I was away I only occasionally stole a glance at the market. I long ago lost the need to be in constant contact with the market – gone are the days of religiously carrying a pager and trying to do stupid things such as trade the meltdown in the GBP from an airport lounge…
I find returning home from my regular jaunts to be a jarring experience. I can feel the gears of my life away grinding with those of my “regular” life. When this first began to happen I used to think it was simply a case of jet-lag or post holiday blues but over time I have…
Take a mental health day whenever you feel you need it. No one is going to be there to give you permission to do so. Trading is a grind and a marathon. Doing the same thing day in and day out can become monotonous. You’re not loser nor are you losing focus by taking care…
If you find the concept of Bitcoin confusing, you are not alone. The virtual currency has been a constant source of controversy, but it is still not well understood. More here – The New York Times
People aren’t often bored these days. Take a look at your own life. I bet it’s filled with lots of plans, things to do and people to see. Ask anyone how they are these days and what do they say? Busy. Everyone is busy nowadays, rushing around and doing a million things at once with…
I’m just hi-jacking Chris’s blog for a minute to tell you how we’re going on our trip to Singapore and London. We loved sophisticated Singapore, and had a great time catching up with our fantastic Mentoree (circa 2008) – Fred. It’s been great to see how he’s grown, and to see that he’s been so…
High levels of the stress hormone cortisol may contribute to the risk aversion and ‘irrational pessimism’ found among bankers and fund managers during financial crises, according to a new study. Cortisol is a hormone secreted by the adrenal glands in response to moments of high physical stress, such as ‘fight or flight’. Importantly, cortisol also…
Get ready to have your mind blown. I was seriously shocked at some of these mistakes in thinking that I subconsciously make all the time. Obviously, none of them are huge, life-threatening mistakes, but they are really surprising and avoiding them could help us make more rational, sensible decisions. Especially since we strive for self-improvement…
IN the opening act of Tom Stoppard’s play “Rosencrantz and Guildenstern Are Dead,” the two characters are passing the time by betting on the outcome of a coin toss. Guildenstern retrieves a gold piece from his bag and flips it in the air. “Heads,” Rosencrantz announces as he adds the coin to his growing collection.…
We all know that money can’t buy happiness. If you’re unhappy before you make a lot of money then extra cash isn’t going to suddenly change your outlook on life. I have written in the past about people who win Lotto, and the fact that many of them end up losing their fortune. They’re not…
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