The story of Donald Lowry and the “Church of Love” is weird and captivating: a balding, middle-aged writer in a small Midwestern town had assumed the personas of dozens of fictitious women. He had written love letters in their voices to tens of thousands of men. Each woman had her own unique writing style, vocabulary…
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On the 22nd of August 1985 British AirTours flight, 28M was sitting on the runway at Manchester Airport. Loaded with British budget holiday makers who were no doubt looking forward to their holiday in Corfu wherein the tradition of English tourists they would get legless most nights, complain a Greek Island didn’t have food like…
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This piece dropped into my Twitter feed courtesy of Steven Goldsmith who runs the AlphaMind podcast. You don’t need to be on Twitter to read the thread just hit the link and it should open. What interested me about this thread were the comments as they display the dichotomy that exists within Twitter and by…
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The S&P 500 index soared 38% in 1995. This sharp increase, following four years of steady gains, made some of the smartest investors on Wall Street begin to grow wary of a bubble in the making. Over the past few months, we studied what today’s most famous investors were saying during the years leading up…
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I have been following the action in GameStop this week with great interest because mania is a fascinating thing and watches a hedge fund who thought they were onto a sure thing getting their nuts squeezed is hilarious as is the bleating of Wall Street traditionalists to make the nasty young people stop. If you…
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It is easy to criticise investment forecasting. I do it myself on a regular basis. As enjoyable a pastime as this is, there is a problem. All investors are consistently making forecasts. Consciously and unconsciously. Even the biggest sceptic of the folly of market and economic predictions is inevitably expressing views about the future when…
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