Refuse to take ‘No’ for an answer
PEOPLE GIVE IN TOO easily. They crumble, when they should push. They side-step when they should left-hook. Think back to when you were a kid and you really, REALLY wanted that ice cream. Did you take your parent’s word as gospel? Or did you ask, whinge, nag, beg, grovel, whine, stamp your foot and tantrum your…
Things that work
Things that work I was watching my friend, and money manager of multiple millions of dollars, David Chia present. As he was talking about his system, there were some realisations I reached. Even though we have evolved separately as traders, David seems to have reached a lot of the same conclusions as I have about…
Favourite Quote for the Month
“Before you diagnose yourself with depression or low self esteem, first make sure that you are not, in fact, just surrounding yourself with assholes” – William Gibson.
Don’t Quit Too Soon!
So often we think that we should be instantly brilliant! (Far out – I know I just started trading last week, but how come I’m not raking in the millions yet? … Sound familiar?) Think of Roald Dahl. He is arguably one of the most successful children’s authors in the world. He wrote Charlie…
The Ugly Truth
The Ugly Truth There’s an ugly truth about being a trader. Once you gain some serious control over your life, your time and your money, not everyone will be your fan. I guarantee that by the time you start to show some of the outward signs of success, you will attract people who will think…
China
As can be seen from the graphic below the local market has endured an extended period of under performance relative to other Western markets. Yet, its performance is largely in line with a handful of Asian markets. It has long been my view that local investors unfortunately suffer from a Western- centric hangover – in…
Led Zeppelin’s Whole Lotta Love Voted Best Guitar Riff
What no Purple Haze by Hendrix Click on pic for article
How Market Selloffs Happen
Why does investor panic suddenly take hold? Here, the fourth installment of a new Fortune series on how things spread. Twitter, the social media company that uses a bird for its corporate logo, was the canary in the coal mine. In early February, on a single day of trading, Twitter’s stock fell 24%, to $50 from…
Being Young
One of the good things about being young is that you can trade stupidity for time – this is the strategic advantage of being young. The excess time you have remaining in your account enables you to recover from the majority of stupid things we all do when we are young. At the AIA conference…
Norway’s Sovereign Wealth Fund
If only we had something left after the mining boom other than a bunch of whinging billionaires and a some big arse holes in the ground….. More here – Norway’s gargantuan sovereign wealth fund, by the numbers
THE 10 BEST PIECES OF ADVICE FOR MAKING A FRESH START
I particularly like these two – 6. DON’T TRY TO FIT IN Too often, we try to fit in with our environment because we think it will help us move forward, but the person who embraces their differences stands out, says Sally Hogshead, author of How the World Sees You: Discover Your Highest Value…
Its Friday
I thought this little snippet belonged in the Its Friday section because surely being rewarded with a multi million dollar bonus for overseeing a financial planning division that committed wholesale fraud is taking the piss……isn’t it? This actually tells you all you need to know about the culture of Australian banks.
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!
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