I am always surprised that people are still trading the domestic equities market. Whilst, many such as fund managers can be forgiven for being trapped both within the fallacy of their own narrative and their inherent laziness, there are people who should know better. Below I have generated some relative comparisons between our market and…
Paul Offit likes to tell a story about how his wife, pediatrician Bonnie Offit, was about to give a child a vaccination when the kid was struck by a seizure. Had she given the injection a minute sooner, Paul Offit says, it would surely have appeared as though the vaccine had caused the seizure and…
Surprisingly little real estate…. More here – The Wall Street Journal
Click pic to be taken to the podcast. ……and yes…we are getting old….
One of the issues that bedevil us as both humans and traders is our ability to think clearly and rationally about subjects. We are prone to making snap judgments based upon the flimsiest of evidence. I get any and all manner of rubbish sent to me – some of it by people who should know…
Microbes and the brain have rarely been thought to interact except in instances when pathogens penetrate the blood–brain barrier—the cellular fortress protecting the brain against infection and inflammation. When they do, they can have strong effects: the virus that causes rabies elicits aggression, agitation and even a fear of water. But for decades, the vast…
The good folks at Hedge Fund Research Inc produce a small cornucopia of data on the performance of hedge funds across a variety of categories. It is not the most riveting read but then pages of data metrics are not really supposed to be. However, the wealth of data does allow you to extract various pieces…
This is from a boxing and conditioning coach Ross Enamait who I find to be a bit of the go to bloke for old school conditioning. It might not seem relevant but substitute the voice of a coach for the voice that occurs inside your own head and all of a sudden it becomes relevant…
There are smart people and then there are people like James Simons. This is a long form interview but it is worth watching even if it over a few sittings.
As long ago as the fourth century B.C., scientists have argued in favor of simplicity. Perhaps the most familiar expression of the importance of simplicity for science is the 14th century formulation known as Occam’s razor, a line of reasoning that holds that the simplest answer is often correct. The preference for simplicity in science…
One question I’m often asked is what should a decision journal look like? You should care enormously whether you’re making good ones or bad ones. After all, in most knowledge organizations,your product is decisions. A good decision process matters more than analysis by a factor of six. A process or framework for making decisions, however,…
