Another Yellow Arrow From LinkedIn…So It Must Be True
Apparently, the yellow arrow means that the Gold/Silver ratio is going to collapse.
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The AlphaMind Podcast – 2010 Flash Crash
A young man amasses $70,000,000 in trading profits, is accused of causing one of the biggest Stock Market Crashes ever, is the subject of a major US govt investigation and a multimillion-dollar manhunt, and all from his upstairs bedroom, in his parent’s modest house, in an ordinary London suburb, without his family or friends having a…
Behavioural Lessons From 2020
As we finalise our predictions for 2021, it would be prudent to consider what our expectations were for 2020 and how those played out. Markets, economies and people are far too complex to foresee with any level of confidence or accuracy. Making predictions about financial markets is one of those activities that we perform in…
A Fool And His Money.
What is interesting about trading and investing is that its participants largely think that the things they experience are unique in some way when in reality they have simply found another mechanism for expressing all the foibles of being human (read stupid). These displays of being all too human result in traders being subject to…
Entitlement.
Pop quiz. If someone suggested to you that you should undergo a mandatory 28-day quarantine to come and give a presentation to them in person that could be done over Zoom would you – a) Tell them to get stuffed. b) Tell them to get stuffed. c) Tell them to get stuffed. If you answered…
A Little Knowledge Is A Dangerous Thing
Recently some commodities have been on a bit of a tear as a consequence any index that tracks commodities has been showing signs of life. A day or so ago the chart below appeared on my LinkedIn feed. It is the Bloomberg Commodities Index with a trendline and an arrow is drawn on it because…
The Worlds Largest IPO’s
Visual Capitalist has generated a graphic on the world’s largest IPO’s – they also include this listing in tabular form which I have scrapped and dropped into Excel for readability.
The Essex Boys: How Nine Traders Hit a Gusher With Negative Oil
Among the many previously unthinkable moments of 2020, one of the strangest occurred on April 20, when the price of crude oil fell below zero. West Texas Intermediate futures, the most popular instrument used to trade the commodity, had started the day at $18 a barrel. That was already low, but prices kept tumbling until,…
Where Did All the Rogue Traders Go?
…Nick Leeson wasn’t the first rogue trader in history and, despite the controls put in place after he’d brought down Barings, he wasn’t the last. Not six months after Leeson was caught, a trader in Daiwa Bank’s New York office confessed to over ten years of unauthorised dealing activity, leading to losses of over $1…
10 Habits of Highly Resilient People
“Don’t tell me the sky’s the limit when there are footprints on the moon.”—Paul Brandt More here – Psychology Today
Make Peace with Your Unlived Life
….The idea of a “true self” and a “false” or “shadow” self has long preoccupied psychologists. For example, Carl Jung introduced the notion of the shadow side of our personality. He viewed “the shadow” as our unknown, dark side—made up of the primitive, negative, socially depreciated human emotions such as sexuality, striving for power, selfishness,…
Probability Is Hard….Maybe….
If you have ever wondered why most people are perplexed by the modern world look no further than the following headline. You can find the full article here – BBC News
Money Tree Investing Podcast
Some time ago I had the chance to sit down and chat with Kirk Chisholm at Money Tree Investing. I am not able to embed their player but you can click here to be taken to the episode.
