I have been trying for years to get myself and other healthcare professionals comfortable with simplicity in our assessments and treatments. Unfortunately, I don’t think I’ve been very successful as I constantly find myself confronted with many who over-complicate what they do and why they do it. Why is this? Why do so many physios…
“It’s really important to understand we’re not seeing reality,” says neuroscientist Patrick Cavanagh, a research professor at Dartmouth College and a senior fellow at Glendon College in Canada. “We’re seeing a story that’s being created for us.” Most of the time, the story our brains generate matches the real, physical world — but not always.…
Typically, the figure of the conspiracy theorist appears in the popular imagination as a fringe figure in a tin-foil hat. This is despite belief in “extreme” conspiracy theories being rare, and the fact that most people believe in at least one theory. For Joseph Uscinski, professor of political science at the University of Miami and coauthor of American…
I can understand why people misunderstand what technical analysis is when they are confronted by immensely confusion gibberish such as shown below. This is a snip from the normally informative site Barchart.com – consider the breakout box on the right-hand side which is titled Barchart Technical Opinion. I have two questions – what is a…
Before I begin, I am going to pose a little test. Imagine you are an investor who sees a fund that promises astronomical returns based upon hypothetical trades. So you fall for the marketing hype and invest by the end of year one the fund has fulfilled its promise and your account is up 100%.…
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One of the most common statements since the outbreak of the coronavirus pandemic is that the economic and market outlook has become more uncertain. Given that the future is inherently difficult to predict with any level of confidence and we are generally terrible forecasters can it really be true that the world is now more…
It is not that we have a short space of time, but that we waste much of it. Life is long enough, and it has been given in sufficiently generous measure to allow the accomplishment of the very greatest things if the whole of it is well invested. But when it is squandered in luxury…
One of the things that is interesting about trading psychology is the notion that it is idiosyncratic, that is the psychological processes that afflict traders are only found within the realm of trading. This is a somewhat narrow dogmatic view and in many ways is simply an attempt to distinguish the filed of trading psychology…
I came across the chart below this morning which looks at the performance of what you would term large or dominant stocks within an index. What these sorts of charts do is educate you about the history of markets but they also reaffirm that there is nothing new under the sun. As the article that…
In medicine, there is a phenomenon known as the incidentaloma, that is you have a scan or test for one thing and they find something completely unrelated. These incidental findings which seem to be quite common in imaging present somewhat of a problem for medical practitioners. They raise the question of doing something about the…
Here is the question and it comes in two related parts because the first question prompted the second one. On my social media feeds I follow a number of science-related folks and as you would expect much of the talk has been about COVID-19 and how it brings people out of the woodwork with all…
I frequently tell the apocryphal story about how Max Planck, after he won the Nobel Prize, went around Germany giving the same standard lecture on the new quantum mechanics. Over time, his chauffeur memorized the lecture and said, “Would you mind, Professor Planck, because it’s so boring to stay in our routine. [What if] I…
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