A mate of mine sent me the clip below. I am an unabashed fan of combat sports. I accept that they are violent in tone and to the outsider appear brutal with potentially devastating long term consequences for the participants. Anyone who has ever been hit in the head can attest to how awful it…
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Research conducted at Ben-Gurion University of the Negev (BGU) has determined that psychological momentum significantly affects performance among men but not among women, which may account for exaggerated risk-taking in financial and business endeavors among males. Psychological momentum is defined as a state-of-mind where an individual or a team feels things are going unstoppably their…
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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…
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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…
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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…
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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…
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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…
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