Audi RS3 – I Have Been Thinking About A New Daily Driver
The Loneliness of the Short-Seller
Betting against the market is not worth the expense, either. To take a short position, traders sell borrowed stock in a company they think is overvalued with the hope of buying it back at a lower price. If the stock price goes up instead, short-sellers have to buy more stock in order to “cover” the…
A Bit Of A Worry But Not Surprising
A recent survey has found many Australians have low financial literacy; don’t understand how mortgages work or how the RBA cash rate affects them. The survey conducted by super fund-owned bank ME of 1000 people found that almost half of Australians admit to being uninformed about the mortgage market. Furthermore, 40 per cent of survey respondents did not…
From The Land Of Dodgy Correlations
This dodgy idea actually popped into my head during a discussion the other night. For some reason I found myself sitting in a McBogan Cafe waiting for a kids party to end….its a long story and there are no cafes open (or even in existence) in the suburb that the party was being held in.…
I Once Tried To Cheat Sleep, And For A Year I Succeeded
We were aware that difficulties were bound to arise, but we didn’t realize how bad sleep deprivation truly feels. Alex went back to being monophasic, but I was determined. To make it work, I changed to an easier sleep schedule: the Everyman, where I slept for 3.5 hours at night and took three 20-minute naps…
Trading System Design
In the Mentor Program we have been in the process of building and refining a trading system. The question was posed as to what I thought the greatest impediment is to generating such systems and by extension what is the greatest drawback that individual traders face. As always the greatest source of difficulty that traders…
Nothing Will Happen Until….
The broader US market moves out of the congestion it has been in for most of this year.
How Good Of Them
Goldman Sachs Group Inc has told its summer investment banking interns not to stay in the office overnight in a bid to improve working conditions for its junior staff. The move, according to company sources and confirmed by a Goldman spokesman, illustrates how Wall Street banks are seeking to curb excessive hours worked by young…
Chris Hadfield On The Future Of Manned Space Exploration
I caught up with this one on the way back from the airport this morning. Well worth the 37 minutes just to listen to someone who has been there and done that in a big way. Click the player image to be taken to the podcast –
Billionaires Bunkers
Are you laying awake at night fearing the next zombie apocalypse? If so then you need your own bunker…. Vivos founder and CEO Robert Vicino announced Vivos Europa One which will be an invitation only, five star, underground survival complex, similar to an underground cruise ship for the elite. Each family will be provided a private…
All Bubbles End With A Bust
One of the charts I occasionally look at is the RBA cash rate – I do so not because I think it is of any value whatsoever in making trading decisions but because it a wonderfully instructive prism through which to look at the psychology of people making long term investment decisions. The chart below…
THE LONGEST RUNNING REPEAT-FOR-FREE TRADING MENTOR PROGRAM IN THE WORLD
Want to be an exceptional trader? Learn from the best. Chris and Louise have found the way to take the guesswork out of share trading.They can teach you how to do this too!
WANT TO HEAR MORE?
