I Like The Finns
Apparently they line up in such a manner that the distance between them minimises the chances of interacting with a stranger…..my kind of people.
Read more
RIP Chuck Berry
This is my favourite Chuck Berry clip simply for the wild eyed look he gets when Yoko One starts squealing as if someone had given her a Rubiks Cube suppository…
Financial Disclosure
The disclosure statement below is currently doing the rounds and it is apparently from a long defunct fund called the IPS Millennium Fund. Apparently it is being lauded as being an honest example of what a disclosure statement should be instead of the usual corporate speak that these things are comprised of. However, the tone of…
Are market bubbles caused by traders’ testosterone levels?
Research conducted at Ben-Gurion University of the Negev (BGU) has determined that psychological momentum significantly affects performance among men but not among women, which may account for exaggerated risk-taking in financial and business endeavors among males. Psychological momentum is defined as a state-of-mind where an individual or a team feels things are going unstoppably their…
Ouch…….
I woke up this morning to note that my short term positions in gold and silver had been knocked out by a spike overnight. This meant that the last pyamid position was a loss and because I run a wide stop the overall position was just a bit better than breakeven and I thought…bugger. Then…
Expert Interview Series: Louise Bedford
LB recently did a guest spot on Expert Interview for Best Choice Software. The entire thing can be found here.
FINANCIERS FIGHT OVER THE AMERICAN DREAM
A long read but worth it. In the past I have written about the danger of combining hubris with concentration bets. One day in the summer of 2011, Christine Richard arrived at the forty-second floor of a high-rise on Fifty-seventh Street in Manhattan to visit a hedge fund called Pershing Square Capital Management. Richard worked…
Success
When I first went to university the initial week was filled with the usual getting to know the lay of the land such as how the library works (in a surprisingly mysterious way I might add), where various labs where and what the protocol for various subjects was. One of the most striking events was…
Damn….Beaten By The Kiwi’s Again
Click the link below the pic to be taken to some fascinating graphics. Source – The Economist
Hey Charger
James H mentioned that he like a lot of us could remember these ads – its amazing what a bit of google-fu can find…
Bias
One of the interesting things about trading is its inherent simplicity – you simply have to have some form of mechanism for gauging what the current bias of market participants is. They are either predominantly bullish or bearish – once you work that out the rest is padding to make yourself feel clever. However, there…
THE SUBTLE ART OF NOT GIVING A FUCK
In my life, I have given a fuck about many people and many things. I have also not given a fuck about many people and many things. And those fucks I have not given have made all the difference. People often say the key to confidence and success in life is to simply “not give…
The Culture Principle – Ray Dalio And Bridgewater
At one of the gyms I used to frequent there was a trainer who used to do some very odd things and initially I could not work whether he was a mad genius or just a dickhead. In the end he turned out to be just a dickhead, my guess about Ray Dalio and the…
