If there’s one piece of advice that I could offer any aspiring creative, it’s this. Develop a habit of consistently doing something. It doesn’t matter what it is, how small or how big it is. It can be as simple as going for a walk or meditating for 2 minutes. It can be as hardcore…
I heard the other day that Fitbit the once darling of wearable fitness devices is coming out with a competitor to the plethora of smartwatches that are now on the market. To my eyes Fitbit falls into that wonderful category of companies that either created or dominated a niche and then failed to adapt to…
Many years ago, I met with an intern at a trading firm who was struggling with performance despite being mentored by some of our most successful traders. One went so far as to lay out a blueprint for the struggling trainee explaining what he should do in different situations. It was to no avail. The intern…
In the way of that selective perception works, shortly after having written a piece on the Art of War the following article popped into my feed – When There is Blood in the Streets which contains the following opening paragraph. There is a famous quote by the 18th century banker Baron Rothschild: The time to buy is when…
The good old corporate euphemism of exploring new opportunities has been applied to the resignation of CBA CEO Ian Narev. Apparently you are not allowed to say listen mate under your reign we have had a big arse Ponzi scheme, the bank has tried to deny the terminally ill access to insurance they paid for…
The video below has lately been doing the round of investment sites and at a little over five minutes long it is a short introduction to the Art of War by Sun Tze. For many years the Art of War has been a staple of not only business schools but also investment firms.…
How Biases Affect Investor Behaviour from Trading Game Pty Ltd
Several years ago I wrote a piece on how there was a growing stream of thought lead by the likes of Malcom Gladwell that talent was an overrated commodity and that all it took to be successful was practice. I will save everyone the trouble of reading my initial article and simply say this motion…
Interesting graphic from the Investment Company Institute showing the flows of cash into index ETF’s and out of actively managed funds.
Virtu Financial—one of the world’s largest computerized trading firms—made money every trading day last quarter. The problem is that it made less of it than in the past, as volatility in the financial markets has dried up in recent months. Big price swings are good for high-frequency trading strategies, as machines can swoop in and take advantage…
It has been awhile since blog central had a look at the All Ords and its staggering lack of ability to go anywhere. The full extent of the rubbish nature of the local market at present can be seen below when the performance is compared to the S&P 500 and NASDAQ 100. This lack of…
