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…
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It has been some time since I took a really long term view of a market. It tends not to be part of my trading vernacular simply because of the time frames I trade, to my way of thinking data drifts off into the irrelevant beyond a certain point. However, as a student of the…
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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…
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This question has attracted scientific research for more than a century. In fact, the first empirical study of this issue was published in 1835. Thus, I can offer a confident answer: not quite! At least not if creativity is assessed by productivity or by making original and valuable contributions to fields such as science and…
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Melvyn Bragg and guests discuss Miguel de Cervantes’ 17th century novel, Don Quixote. Published four hundred years ago in Madrid, the book was an immediate success and recognised as one of the classic texts of Western Literature, revered by writers such as Sterne, Goethe, Flaubert, Dostoevsky, Kafka and Melville. Don Quixote tells the story of…
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Kviabryggja Prison in western Iceland doesn’t need walls, razor wire, or guard towers to keep the convicts inside. Alone on a wind-swept cape, the old farmhouse is bound by the frigid North Atlantic on one side and fields of snow-covered lava rock on another. To the east looms Snaefellsjokull, a dormant volcano blanketed by a…
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This is beyond brilliant…..go back to a time when humans actually did something amazing. Click here
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A profound failure of an industry to adapt – click the image below for the full story. For a good look at the role adaption plays in corporate life I would recommend Tim Harfords book Adapt. More here – The Wall Street Journal
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