As a personal dlsclaimer I should point out that Sornett has been making predictions of crashes for over a decade and I dont believe he has gotten one correct. His last prediction of note was that the S&P500 would crash to 700 points in 2004, if memory serves me correctly that didnt happen. In their…
Sunday saw the mid point of our current Mentor Program – at this gathering I get up and drone on about my philosophy of the trading world. One of the points I try to get across is the notion that activity does not equal profitability and that intriguingly the main motivation for trading for a…
Bloomberg.…How do you sell the technology company you founded for $1.8 billion and five years later file for personal bankruptcy? For Halsey Minor, it may have been a fascination with houses, hotels, horses and art. Minor, 47, who sold CNET Networks Inc. (3549162Q) to CBS Corp. (CBS) in 2008, says he owes as much as $100 million…
Tomorrow I begin my section of the mentor program and i thought it would be valuable to post up the best trading psychology video I have come across. This will serve the new mentorees well in their dealings with me and will change the course of their trading and their lives dramatically.
Over the years there has developed a belief that people in more developed and richer countries were no happier than their counterparts in poorer less developed countries. Turns out this is not true, it seems that the old adage that you can never be too rich, too good looking or too smart has a ring…
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