Freediving
This looks surprisingly peaceful.
Success
When I first went to university the initial week was filled with the usual getting to know the lay of the land such as how the library works (in a surprisingly mysterious way I might add), where various labs where and what the protocol for various subjects was. One of the most striking events was…
Damn….Beaten By The Kiwi’s Again
Click the link below the pic to be taken to some fascinating graphics. Source – The Economist
Hey Charger
James H mentioned that he like a lot of us could remember these ads – its amazing what a bit of google-fu can find…
Bias
One of the interesting things about trading is its inherent simplicity – you simply have to have some form of mechanism for gauging what the current bias of market participants is. They are either predominantly bullish or bearish – once you work that out the rest is padding to make yourself feel clever. However, there…
THE SUBTLE ART OF NOT GIVING A FUCK
In my life, I have given a fuck about many people and many things. I have also not given a fuck about many people and many things. And those fucks I have not given have made all the difference. People often say the key to confidence and success in life is to simply “not give…
The Culture Principle – Ray Dalio And Bridgewater
At one of the gyms I used to frequent there was a trainer who used to do some very odd things and initially I could not work whether he was a mad genius or just a dickhead. In the end he turned out to be just a dickhead, my guess about Ray Dalio and the…
The Incredible True Story of the Real Life ‘Trading Places
Click the image below to be taken to the recording.
S&P/ASX 200 Volume
I was looking at the chart below of the ASX 200 and its volume. As you can see below the chart whilst looking reasonably standard has two points of interest for me. Firstly, the trace of volume by coincidence looks like a nice little bell curve, with the peak occurring as we initially bounced out…
The Misguided Beliefs of Financial Advisors
Below is the abstract from this paper – The Misguided Beliefs of Financial Advisors A common view of retail finance is that conflicts of interest contribute to the high cost of advice. Using detailed data on financial advisors and their clients, however, we show that most advisors invest their personal portfolios just like they advise…
The 100 Most Overpaid US CEOs
This piece by the Harvard Law Review is wonderfully comprehensive and can be downloaded from here. There is a summary posting here if you want the Readers Digest version. However, I would suggest downloading the entire thing. This charts stands out as highlighting the miserable performance of the most overpaid CEO’s . Once you read the…
British queuing and ‘the power of six’
According to academics if you want to truly master the art of the queue, you need to follow the rules. It’s all about the power of six, professors say. People will wait for six minutes in a queue before giving up and are unlikely to join a line of more than six people, researchers at…
THE #1 TRADING MENTOR PROGRAM IN THE WORLD
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