It Could Be Worse
Its going to be 41 degrees celsius here in Melbourne today – part of our seemingly never ending summer heatwave. However, it could be worse.
Read more
Wall Street Attracts Chop Shops 20 Years After ‘Wolf’
The concept of a chop or bucket shop is nothing really new, nor were they restricted to the US. Jessie Livermore makes reference to them at the early part of the 20th century and when I first started in broking there were still some futures and OTC option bucket shops still operating. I dont know…
Training To Live With Pain: What We Can Learn From Olympic Athletes
“Pain is more than one thing,” explains Dr. Jeffrey Mogil, the head of the Pain Genetics Lab at McGill University. It’s a sensation, like vision or touch; it’s an emotion, like anger or sadness; and it’s also a “drive state” that compels action, like hunger. This is a neat little piece on what separates the…
Michael Steinhardt, Wall Street’s Greatest Trader, Is Back
I first came across Michael Steinhardt in the original Market Wizards book. He always seemed to be a larger than life character with a wicked sense of humour – most of which was directed at hapless brokers.He retired from the hedge fund business many years ago but is now back apparently this time in a…
The Survival Time Of Chocolates On Hospital Wards: Covert Observational Study
It is early in the year but we have a clubhouse leader for my favourite paper of the year. A higher chocolate consumption has been linked with reduced risks for the development of cardiometabolic disorders.1 The authors’ experience is that chocolate consumption in a hospital environment is a relatively common occurrence, and that gifts from patients…
A Random Wolf On Wall Street Could Calm Stock Markets
STOCK market investors who buy and sell on the flip of a coin might sound irresponsible, but a handful of random traders could be just what markets need to avoid bubbles and subsequent crashes. Financial booms and busts occur when traders all rush to purchase or sell stock just because others around them are. “I…
Fraud On Film: Why The Wolf of Wall Street Is A Hollywood Con Job
I had been planning to write a piece on that thieving prick Jordan Balfour since he is so archetypal of what is wrong with the finance industry. But every now and again someone comes along and does a much better job than you could and saves you the trouble. Sure, it has a big star…
What If Natural Products Came With A List Of Ingredients?
Local chemistry teacher James Kennedy has done something very clever – he has given a breakdown of all the chemicals that occur naturally in food. This seems to be somewhat of a pushback to the knee jerk reaction people have when they see lists of ingredients in food and then freak out that it is…
Brian Eno, Danny Hillis: The Long Now, now
The Long Now Foundation’s monthly Seminars About Long-term Thinking were started in 2003 to build a compelling body of ideas about long-term thinking; to help nudge civilization toward our goal of making long-term thinking automatic and common instead of difficult and rare. Click player image.
Weekend Reading
Here are some bits and pieces I have been putting away for the weekend. The six things that make stories go viral will amaze and maybe infuriate you Sit Back, Relax, and Read That Long Story—on Your Phone Whats That You’re Calling a Bubble? 16 Basic Principles for Avoiding Stupidity Dropbox and Uber: Worth Billions,…
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?
