The Louder the Monkey, the Smaller Its Balls
Howler monkeys are the loudest land animals on Earth, capable of bellowing atvolumes of 140 decibels, which is on the level of gunshots or firecrackers. Not surprisingly, male howlers frequently use this power to advertise their sexual fitness, catcalling females with their ear-splitting roars. But in a beautiful twist of expectations, scientists have now found…
The Failure Of Ego
One of the more interesting things about following hedge funds is the behaviour of those who run them. At various times they will get into wonderfully childish slanging matches with one another that generally take on the following dialogue. Hedge Fund Loser One – The stock you own is bullshit… Hedge fund Loser Two –…
Vincent van Gogh on Fear, Taking Risks, and How Making Inspired Mistakes Moves Us Forward
If one wants to be active, one mustn’t be afraid to do something wrong sometimes, not afraid to lapse into some mistakes. To be good — many people think that they’ll achieve it by doing no harm — and that’s a lie… That leads to stagnation, to mediocrity. Just slap something on it when you…
The Lure Of Luxury
Why would anyone spend thousands of dollars on a Prada handbag, an Armani suit, or a Rolex watch? If you really need to know the time, buy a cheap Timex or just look at your phone and send the money you have saved to Oxfam. Certain consumer behaviors seem irrational, wasteful, even evil. What drives…
Its A Matter Of Choice
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…
Your Brain Is Primed To Reach False Conclusions
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…
When the Superrich Die, Here’s What’s in Their Wallets
Surprisingly little real estate…. More here – The Wall Street Journal
Bohemian Rhapsody 40 years On
Click pic to be taken to the podcast. ……and yes…we are getting old….
THE LONGEST RUNNING REPEAT-FOR-FREE TRADING MENTOR PROGRAM IN THE WORLD
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