Hedge Funds Lag Traditional Asset Classes
I suppose the old statement a fool and his money are soon parted still holds true. More here……
Next Time You Go Out….
…remember the world is full of people like this…. I hope this woman has not had children…
My Favourite Headline of the Year
Author of Rich Dad, Poor Dad files for bankruptcy How anyone could ever take a book seriously that was collection of inconsistencies, illogical advice dressed up in a completely fictitious story is beyond me.
Weekend Reading
Disappearance on Mount Marathon Does Biology Make us Liars? Wall Street’s Forgotten Victims Have Some Advice Half of the Facts You Know Are Probably Wrong The Global Arbitrage of Online Work The Ultimate Guide To Memory
Moneyball and Medicine
I came across the following article in the New England Journal of Medicine and it looks at the difficulties of getting evidenced based medicine on a firm footing. The article uses the book/film Moneyball to highlight how hard it is to get people to think in a mechanistic way instead of using intuition/magical thinking. The…
Bear Market May Begin Tuesday….
CHAPEL HILL, N.C. (MarketWatch) — Will the bull market come to an end on Oct. 9? Don’t laugh. It turns out that two of the most prominent market turning points of the last decade occurred on this very date. The first was the beginning of the 2002-07 bull market, which occurred Oct. 9, 2002. The…
Charles Bukowski
Bukowski was often cited as the voice of the working man – a sort of blue collar poet/philosopher. Friends of mine often comment that they would like my lifestyle. My response to them is the same as my response to the above quote. Dont like your life or what it entails then f#^cken do something…
Caution
I have been banging on lately about the lack of courage/commitment of many in equities markets. The little graph below is related to and online survey run by the WSJ It asks specifically what which fund investing mistake have you most often made? Whilst the question relates to the buying and selling of mutual funds…
ESPN’s 30 For 30 – Broke
An extraordinary documentary on how profoundly overpaid athletes go broke.
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