Whilst I am not an economist nor am I even a macro trader – I am still vaguely sensible enough to spot a relationship… It is intriguing how little attention this gets on the sell side of economics (namely politics) and the implied problems this creates for the local economy.
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One of the biggest barriers to understanding others is excessive egocentrism. You can’t see into the mind of others because you can’t get over yourself. You can’t overcome your own experiences, beliefs, attitudes, emotions, knowledge, and visual perspective to recognize that others may view the world differently. Copernicus may have removed the Earth from the…
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You can guess what happened cant you….. The key players: Ed Crooks, energy editor of Financial Times, @Ed_Crooks Chris Nelder, energy futurist and author of “Profit from the Peak,” @chrisnelder Steve Levine, Washington correspondent of Quartz and author of “The Powerhouse,” @stevelevine Russell Gold, Wall Street Journal senior energy reporter and…
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I am very fortunate in where I live because I am surrounded by trees and parks and it is only a two minute ride to bike paths that will take me into town or out to the burbs (why the hell I would want to go there I have no idea) Being near a bike…
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As you can see in the chart above, the most competent individuals tend to underestimate their relative ability a little, but for most people (the bottom 75%) they increasingly overestimate their ability, and everyone thinks they are above average. I sometimes hear the effect incorrectly described as, “the more incompetent you are, the more knowledgeable…
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This is an old piece – the author Linds Redding died in 2012 aged 52 from oesophageal cancer. This is one of his last pieces and it is a rant directed at the advertising industry but it can apply to any industry. And here’s the thing. It turns out I didn’t actually like my old…
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It’s 10 p.m. on a Saturday, and the low-fare overnight buses in Chinatown are idling in rows. Markets have long ago pulled down their metal gratings and thrown bags of pungent trash onto New York’s curbs. And directly under the Manhattan Bridge, on a desolate corner, here’s an unusual sight: men in sequined sports coats…
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