It Was The Best Of times It Was The Worst of Times
With the traditional wet your pants month of October approaching I thought it might be interesting to look at average monthly returns for a variety of markets. All the usual caveats about averages apply.
Why We Can’t Get Over Ourselves
One of the biggest barriers to understanding others is excessive egocentrism. You can’t see into the mind of others because you can’t get over yourself. You can’t overcome your own experiences, beliefs, attitudes, emotions, knowledge, and visual perspective to recognize that others may view the world differently. Copernicus may have removed the Earth from the…
Uncoachable
“I’d like you to underperform your benchmark by a consistent 200 basis points for the next six months.” Imagine making this statement at your next fund manager meeting. It’s likely that those sitting across the table would look at you quizzically and ask you to repeat the instruction. You’d say again—stressing this time—that you’d like your…
Was Tom Hayes Running the Biggest Financial Conspiracy in History?
On a deserted trading floor, at the Tokyo headquarters of a Swiss bank, Tom Hayes sat rapt before a bank of eight computer screens. Collar askew, pale features pinched, blond hair mussed from a habit of pulling at it when he was deep in thought, the British trader was even more disheveled than usual. It…
Five Oil Guys Bet On The Price Of Oil
You can guess what happened cant you….. The key players: Ed Crooks, energy editor of Financial Times, @Ed_Crooks Chris Nelder, energy futurist and author of “Profit from the Peak,” @chrisnelder Steve Levine, Washington correspondent of Quartz and author of “The Powerhouse,” @stevelevine Russell Gold, Wall Street Journal senior energy reporter and…
2015 Bentley Bentayga
And here was I thinking that BMW’s X6M was the most pointless car in the world. It also looks as it was also hit with the ugly stick repeatedly.
Does Nobody Look Out The Window
I have always been amazed when ships bang into things even today. It surprises me that whilst only travelling at jogging pace with unlimited visibility and the benefit of radar that they still seem to manage to hit things be it another boat. Which must be harder because it is also moving. Or simply trying to drive the…
In The Day We Sweat It Out On The Streets Of A Runaway American Dream
At night we ride through the mansions of glory in suicide machines Sprung from cages out on highway nine, Chrome wheeled, fuel injected,and steppin’ out over the line H-Oh, Baby this town rips the bones from your back It’s a death trap, it’s a suicide rap We gotta get out while we’re young `Cause tramps…
Dont You Just Hate It When….
….evidence gets in the way of being trendy… And yet, according to the new study, published in the Proceedings of the National Academy of Sciences, some hunter-gatherers from what is now Italy actually worked hard to eat carbs. They developed tools and multi-step heating technologies to process different grains, particularly oats and acorns. To figure…
Fat Bastards In Lycra
I am very fortunate in where I live because I am surrounded by trees and parks and it is only a two minute ride to bike paths that will take me into town or out to the burbs (why the hell I would want to go there I have no idea) Being near a bike…
Slow Ideas
On October 16, 1846, at Massachusetts General Hospital, Morton administered his gas through an inhaler in the mouth of a young man undergoing the excision of a tumor in his jaw. The patient only muttered to himself in a semi-conscious state during the procedure. The following day, the gas left a woman, undergoing surgery to…
