It is only isolating if you are a dickhead – which is true of most things in life. It’s a rainy Wednesday morning and Clay Cockrell is sitting in his office at Columbus Circle across the street from 1 Central Park West, which houses Trump International Hotel and Tower. In front of the tower is…
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An outbreak of the measles at Kenneth Copeland’s Texas megachurch has gotten some attention because (1) measles is something children are generally vaccinated for, these days and (2) Kenneth Copeland is, of course, an anti-vaccine crackpot. In what seems to be yet another bitterly ironic attempt by God to teach noisy religious fundamentalists what-for, the…
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One of the reasons I hate politicians and their associated minions is not that they are lying, cheating, self serving pieces of shit but rather that they offend one of my prime sensibilities. In my world the thing that has always mattered the most is data – anyone who resorts to narrative to push a…
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The problem is not so much that there is a Nobel prize in economics, but that there are no equivalent prizes in psychology, sociology, anthropology. Economics, this seems to say, is not a social science but an exact one, like physics or chemistry – a distinction that not only encourages hubris among economists but also…
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I spotted this piece whilst travelling and wasn’t really going to comment as I thought it was just another attempt to defend an industry that is largely indefensible by way of its incompetence and lack of morality. the piece itself is merely a sides dig at robo advising. For those who are unfamiliar with the subject…
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I have always found conferences interesting. They tend to be on a spectrum from tremendously useful where new findings are revealed and debated to self congratulatory wankfests to sideshows that display a marked disconnect between reality and fantasy. Trading conferences tend to fall into the last category and unfortunately IFTA in Tokyo was no exception.…
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What if the rich get richer because they know how to invest their money more effectively? New research shows that this may be a factor behind the rise in inequality. Different investors have different levels of sophistication. Why? It might come from varying levels of education. For example, I know what diversification is, and why…
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