What Could Possibly Go Wrong
An additional reason for people struggling to get onto the property ladder…..stupidity. Source – The Age Imagine your surprise at waking up and finding you now actually had half the deposit you had last week.
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Why We Cant Have Nice Things.
If you have ever wondered why the NBN rollout consigns us to internet speeds that are slower than that of the economic powerhouse of Trinidad and Tobago or why our vaccine rollout resembles a fire in a chook shed then look no further than our ranking in the following league table of sovereign wealth funds.…
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A Fool And His Money.
What is interesting about trading and investing is that its participants largely think that the things they experience are unique in some way when in reality they have simply found another mechanism for expressing all the foibles of being human (read stupid). These displays of being all too human result in traders being subject to…
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Probability Is Hard….Maybe….
If you have ever wondered why most people are perplexed by the modern world look no further than the following headline. You can find the full article here – BBC News
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If You Ever Wondered Why?
Most people in life go nowhere that is a given and they go nowhere because even when given an opportunity to make a small difference to their lives they do something stupid. I have had the graphic below sitting on my junk file for awhile cluttered in with all the rest of the detritus I…
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Apparently This is Professional Advice
I don’t really think I need to add anything, do I?
Stupidest Answer On Google
So for some strange reason ( blame lockdown ), I found myself wondering about the origin of the word stochastic, so I fired up Google and underneath what I was looking for I got the following. So, third in line after me looking up the origin of the word stochastic appears the age-old chestnut about…
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Idiots and Predictions
It must be the thought of an extended lockdown doing peoples heads in but I have been receiving a lot of emails about market predictions. Particularly given the US markets gyration last week. As I decided to repost something I wrote many many years ago that looks at how idiot this sort of thing is.…
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What It’s Like to Escape the Mindset of a Conspiracy Theorist
Typically, the figure of the conspiracy theorist appears in the popular imagination as a fringe figure in a tin-foil hat. This is despite belief in “extreme” conspiracy theories being rare, and the fact that most people believe in at least one theory. For Joseph Uscinski, professor of political science at the University of Miami and coauthor of American…
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