I posted this in the Mentor Program forum this morning and it is worth sharing because it represents my favourite style of price distribution. This one week relative performance is reminiscent of a smile and it indicates a series of movements that provide ample opportunity for traders. I accept that parts of equities markets are…
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Whilst browsing I came across this piece – it looks at the early resistance to the use of anaesthetics. We take for granted that when we have a surgical procedure done that we will be asleep for the duration. However,this is a relatively new phenomena, previous generations had to tolerate surgery as it was fully awake or drugged…
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The Rise of Behavioural Economics from Trading Game Pty Ltd
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One Le Pelletier-Desforts, Deputy Finance Minister for France, had a “brilliant” idea as to how to raise the value of existing bonds, encourage the sale of new bonds, and earn some money for the government- a trifecta. His idea was to allow bond owners to buy a lottery ticket linked to the value of their…
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You can spend hours on this site. More here – Visual Capitalist
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Whilst having one of my regular floats this morning I was pondering the surprise of people that prices after an extended run have a period of contraction, to me this has always been the natural order of things. I understand that various aspects of optimism and recency bias afflict people but it still intrigues me that…
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Scientists have long wondered if the human brain contains neural mechanisms specific to music perception. Now, for the first time, MIT neuroscientists have identified a neural population in the human auditory cortex that responds selectively to sounds that people typically categorize as music, but not to speech or other environmental sounds. “It has been the…
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More here – Bloomberg
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