Someone who clearly doesn’t know me very well sent me this meme. Apparently, it is from one of our many cognitively challenged politicians suggesting that the unemployed should all go into the armed forces. Whilst, it is a profoundly stupid idea as we will see in a minute it will no doubt play well with…
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As a regular user of sauna’s to manage post workout soreness I am heartened by this headline. Source – Healthiest Blog
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There was momentary alarm on Japanese social media overnight after a well-known day trader tweeted news of a press conference announcing the resignation of Kuroda. Some day traders jumped to the conclusion that Haruhiko Kuroda, governor of the Bank of Japan, was suddenly poised to step down. More here – Bloomberg
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1. Intelligence increases the ability to fool yourself with elaborate stories about why something happened. Average people can often learn faster than the superintelligent, because the superintelligent try to cram the real world into the theories they’ve been taught, while average folks are better at accepting the real world at face value. Here’s the thing:…
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Whilst I was recently in Toronto I noted that there was a degree of hand wringing about the current state of the property market in Canada and the resultant increase in household debt that had accompanied this. Curious about where we stood I looked up the league table of household debt as a function of…
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In decision making the quality of any decision you make is bounded by a series of strictures, the time you have to make the decision, the quality of the information you receive and your cognitive abilities to process the information you receive. Decision making can never be perfect because no collection of these inputs will…
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I noticed during the Olympics that an industry superannuation fund known as REST were trying to convince me how good they are. The catch cry of the ad is that investing is a marathon and not a sprint – you wont get any argument here on that point. Too many people believe that investing irrespective of…
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The most scenic way to find truth on the internet is to drive north of Los Angeles on the Pacific Coast Highway, blue ocean foaming to the left, sunlit hills cresting to the right, until Malibu Canyon Road, where you take a sharp right and wind for a few miles through the oak-lined knolls and…
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