NAVAL RAVIKANT ON SUFFERING AND ACCEPTANCE
I first heard of Naval Ravikant from his appearance on the Tim Ferriss podcast. It was an onslaught of knowledge. Just as you hear one nugget of wisdom, another one smacks you on the head, and you completely forgot what you were thinking about. It was almost too much to take in. So I wanted…
Stupid Email Question Of The Year
Question – What is your spirit animal? Answer – A friggen Cone Snail…….
John Arnold Made a Fortune at Enron. Now He’s Declared War on Bad Science
Brian Nosek had pretty much given up on finding a funder. For two years he had sent out grant proposals for his software project. And for two years they had been rejected again and again—which was, by 2011, discouraging but not all that surprising to the 38-year-old scientist. An associate professor at the University of…
‘Earnings bonanza’ to fuel strong growth for Australian shares in 2017
I do enjoy it when people email me to ask me about something they have read in the media. My enjoyment comes from the simple fact that I dont read business publications. I find them irrelevant, stupid, depressing and generally lacking in original thought. However, in the spirit of being polite I did take a…
A Week To Go
With about a week to go before I deliver my prediction ( pulled out of my arse) on the direction of the market based upon January’s performance. Things are not looking too good with the Dow barely managing to hang onto its slim 0.19% gain
Talk A Good Game
Interesting snip from the abstract of this piece – We show that investors base their decisions on perceptions of the responsible investment manager shaped by manager-written texts. Relying on a novel dataset of a European social trading platform including self-descriptions from portfolio managers, we show that a positive emotional tone of these descriptions lowers portfolio…
How Hedge Funds Get Rich
I used to think that those that ran hedge funds got rich because of their incredible returns. Then I heard about the 2 and 20 fee structure that most hedge funds charged. The typical hedge fund fee structure (historically) is 2% of assets under management and 20% of all positive returns. Therefore, if you gave…
BREXIT – Hard Exit
Apparently this is what a hard exit looks like. For the FTSE it seems to be a case of coming home and finding all your stuff on the front lawn….
The Myth and Magic of Deliberate Practice
Joe DiMaggio was one of the greatest hitters in baseball history. A three-time winner of the Most Valuable Player award, DiMaggio was selected to the Major League All-Star team in each of his thirteen seasons. He is best known for his remarkable hitting streak during the 1941 season when he recorded a hit in fifty-six…
What Can Be Measured Can Be Managed
I was having a catch up with my good mate and uber cool pad holder Jarrod yesterday – we both share a fascination with human performance. We are both interested in what we can get out of the machine we wander around in all day. As part of this quest he had recently been to see…
THE LONGEST RUNNING REPEAT-FOR-FREE TRADING MENTOR PROGRAM IN THE WORLD
Want to be an exceptional trader? Learn from the best. Chris and Louise have found the way to take the guesswork out of share trading.They can teach you how to do this too!
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