The new astrology
Since the 2008 financial crisis, colleges and universities have faced increased pressure to identify essential disciplines, and cut the rest. In 2009, Washington State University announced it would eliminate the department of theatre and dance, the department of community and rural sociology, and the German major – the same year that the University of Louisiana…
A Century of Evidence on Trend Following
AQR recently updated its paper A Century of Evidence on Trend Following and whilst the updated hasn’t changed the basic conclusion of earlier versions it is worth unpacking some of the main point of the paper. The paper in its introduction makes an immensely important point that is lost on most – As an investment…
Do combat sports encourage violence or teach respect and discipline?
Excellent interview with my good mate and training partner Jarrod on Radio National. You would be surprised at where you find things that are trading related.
Buying time promotes happiness
Despite rising incomes, people around the world are feeling increasingly pressed for time, undermining well-being. We show that the time famine of modern life can be reduced by using money to buy time. Surveys of large, diverse samples from four countries reveal that spending money on time-saving services is linked to greater life satisfaction. To…
Claude Shannon, the Las Vegas Shark
Long before the Apple Watch or the Fitbit, what was arguably the world’s first wearable computer was conceived by Ed Thorp, then a little-known graduate student in physics at the University of California, Los Angeles. Thorp was the rare physicist who felt at home with both Vegas bookies and bookish professors. He loved math, gambling,…
Getting Hit In The Head Is Bad For You
I have written about the remarkable John Urschel before and I did make a comment that it would be a shame to see such a remarkable intellect blunted by repetitive injuries. One of the N.F.L.’s smartest players did the math and decided to retire after just three years in the league. John Urschel, an offensive lineman…
Ray Barros talks profitable trading and risk management strategies
I shared a stage once with Ray way back in the last century and always found him to have something interesting to say. Click here to be taken to the video.
FX YTD Performance
Since I was playing around with YTD performance I thought I would isolate a handful of currency pairs and see how they did and as you can see from below they are a mixed bunch. Variations in performance are generally by themselves not that interesting, after all its a market and it depends upon variation…
YTD Performance
As we sail past the half way point of the year I thought I look in the rear view mirror might be interesting to see how a few select markets have performed. There are no prizes for guessing that the local market has been shit.
Maryam Mirzakhani
I first wrote about Maryam Mirzakhani when see became the first women to win a Fields Medal in mathematics. Sadly a few weeks ago she lost her battle with cancer aged 40 – the world needs more special minds not fewer but disease of any kind owes no one any favours. For those interested in…
Some Bastards Have The Best Jobs
Kermit Weeks inherited a sizable fortune and parlayed it into one of the worlds largest collections of vintage aircraft…the lucky…lucky…bastard.
The Unexpected Antidote To Procrastination
A recent early morning hike in Malibu, California, led me to a beach, where I sat on a rock and watched surfers. I marveled at these courageous men and women who woke before dawn, endured freezing water, paddled through barreling waves, and even risked shark attacks, all for the sake of, maybe, catching an epic…
Fun And Games
Recently LB and I have been doing the Short Term Trading Magic seminars in a few places and it has been sometime since I did any form of presentation on a semi regular basis. As such it has been interesting to observe people as they work through various trading issues. One of the things I…
Six destructive habits that could be holding you back
We’re having a ‘Michael Yardney binge’ today. Here’s another article from our great property mate. I’ll hand it over to Michael now… I am a big fan of habits. Good ones that is. Of course, not all habits are productive ones. Some are bad for us, they stop us from succeeding, and they reinforce negative…
