What I Learned Losing a Million Dollars is easily one of the most underrated investment books I’ve come across. The book was actually first published in the early 1990s but re-released a few years ago. It tells the story of Jim Paul, a former futures trader on the Chicago Mercantile Exchange who made a sizeable…
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Behavioural Finance – An Introspection Of Investor Psychology from Trading Game Pty Ltd
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When referring to why some people are successful I often think of the analogy of a stone in the shoe. It seems to me that some people just have a stone in their shoe that keeps them moving forward, something inside them irritates them away from contentment with whatever they are doing, so they move…
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The most unusual coincidence in my life took place when I flew from Boston, my home, to Chicago to meet Scott Isenberg, the new editor assigned to revise a statistics textbook I had authored a few years earlier. We were having dinner at a restaurant overlooking Lake Michigan, and Scott began to talk nostalgically about…
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Kindt, 48, has devoted her career to understanding human fear and memory. She has built her own laboratory, published in the most prestigious scientific journals, and developed a simple treatment she hopes might one day help millions of people who suffer from PTSD, phobias, and other anxiety disorders. In her clinic, she has seen it…
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Last week I wrote about the problems people had drawing an item they were often intimately familiar with. The study I cited was used as a mechanism to highlight the fact that we actually know less than we think we do. Coincidentally Gianluca Gimini an artist has been collecting images of bike drawings since 2009 and…
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The Devil looks you in the eyes and offers you a bet. Pick a number and if you successfully guess the total he’ll roll on two dice you get to keep your soul. If any other number comes up, you go to burn in eternal hellfire. You call “7” and the Devil rolls the dice.…
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The Americans have at the centre of their sporting culture three of the most boring games ever invented. A game of gridiron can last some three hours but only around 12 minutes of that is actual playing time, the rest is commercials and replays of the paltry 12 minutes of playing time. Basketball consists of…
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