I am in no way a fundamental analyst – in fact as a skill set for investing I regard it as irrelevant and an example of being seduced by your own narrative fallacy. However, I am in business and I am intrigued as to why some businesses stall, whither and die. I came across the…Details
The Americans have at the centre of their sporting culture three of the most boring games ever invented. A game of gridiron can last some three hours but only around 12 minutes of that is actual playing time, the rest is commercials and replays of the paltry 12 minutes of playing time. Basketball consists of…Details
Abstract Numeracy is defined as the ability to understand and use numerical information. We examined the relationship between numeracy and wealth using a cross-sectional and a longitudinal study. For a sample of approximately 1000 Dutch adults, we found a statistically significant correlation between numeracy and wealth, even after controlling for differences in education, risk preferences,…Details
I spotted this chart this morning – it looks at the percentage of Americans with direct investment in equities. There are a few things about this chart that caught my eye. The first was the obvious decline, Gallup attribute this to a shrinking number of middle class American being involved in the markets. This may…Details
I has completely forgotten about this. Click on the pic to be taken to a great little time waster.