If you were in Melbourne over the weekend it would have been hard to miss the fact that there was a football match on and with all such things weird stories emerge from the woodwork. Apparently one lucky punter quite early in the year generated a multi -legged bet that had Dustin Martin winning the…
….For Dalio, the current issue at hand is for people to come together and have “thoughtful disagreements” concerning their conflicts, especially since the divergences are now possibly much greater than they have ever been. These political and social differences are one of the main reasons as to why he feels that—in a world where timing…
On East 83rd Street there’s a squat brick walk-up that’s a viable contender for the least fancy apartment building on Manhattan’s Upper East Side. But for the past 25 years, Wall Street machers and captains of industry have marched up to its gray-carpeted third floor to learn the secrets of attack and defense from Lev Alburt, a…
We are living in a world full of assholes. To be sure: There are no census figures to back this up, no national registry from which to draw statistics, but one need only look at the headlines to see that the asshole population has not only grown in recent years but also spawned some new…
Years ago, I knew one of those guys who seemed to always be happy and excited. He was always just that bundle of warm fuzzies. First to give you a hug. Always happy to see you. Complimented you about things that had no business being complimented. We’ll call him ‘Jon.’ Jon was like a dog,…
Interesting piece from Dr Brett Steenbarger …..Here are a few valuable insights I’ve gathered from my recent work with skilled, successful traders: 1) What you trade is as important as how you trade: The successful traders are trading instruments that move in meaningful ways and that capture their best ideas. That means trading instruments that…
Over lunch in a downtown restaurant, Beatrice, a New Yorker in her late 30s, told me about two decisions she and her husband were considering. They were thinking about where to buy a second home and whether their young children should go to private school. Then she made a confession: She took the price tags…
Whenever we undertake any task we bring with us not only a set of mechanical skill but also a sense of self that drives those skills and applies them in a way that is based upon the filtering of information through our experience and our personality. Anyone who has spent any amount of time observing market…
One of the qualities that impresses me most about people is their resilience – that ability to hang in the fight for a time long after most would have quit. And then if things have not gone their way to pick themselves up and start again. If we take a broader perspective human history in…
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