Change Your Socks

In late 1950 the Korean War appeared to be heading to what seemed to be an inevitable UN victory. The North Korean army had been shattered and UN forces had moved swiftly through North Korea and were sitting just south of the Yalu River, which marked the border with neighbouring China. In a spectacular failure…

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Everyone Wants To Be Happy

As a therapist, the number-one goal I hear from my patients is: “I just want to be happy.” I ask, “What would being happy mean to you?” The answers range from “Everything I wish for will happen” to “I will feel good all the time” to “I won’t ever feel sad or disappointed.” These patients…

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What An Ordinary Market Looks Like

During the week I posted a link to some remarkable charts coming out of China. These show what a market in the grip of mania look like. The chart below is what a market that is struggling to get out of bed looks like.  

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Its Friday

And I am about to jump a plane to speak at Michael Yardneys Wealth Retreat but before I go, a little something that reinforces the first rule of Buddhism – dont be a dickhead….    

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Why The Oldest Person In The World Keeps Dying

Weaver’s five-day run as the oldest person in the world was short, but it turns out that the oldest person in the world never holds that title for very long. Since records started being kept in the 1950s, the average tenure has been just around a year, according to the Gerontology Research Group; it has…

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So What?

I got bounced the snippet below by a punter who had taken it from The Reformed Broker This particular punter has a penchant for anything that indicates that the market might be about to have a correction of any sort. As such they are drawn to this sort of analysis. The drivel about trailing PE’s…

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