Traders make trading harder than it should be – it seems that all traders move towards a point of maximum complexity, followed closely by maximum confusion. Listening to a lot of the chatter recently people seem to be trying to trade when there is no clear reason to be trading. There is no rule that…
Whilst munching on my toast and vegemite and playing with my tablet (not a euphemism) I saw this neat little paragraph on news.com.au – Superannuation fund analyst Superratings’ figures show that annual returns for the median “balanced” super fund sector, which accounts for about 80 per cent of Australia’s $1.3 trillion super industry, averaged just 0.92 per…
Apropos my last piece on superfunds I was pondering why they are so ordinary and I remembered a piece I did on this many years ago which I have reproduced below. Wall Street relies on “stock analysts.” These are people who do research on companies and then, no matter what they find, even if…
Traders make trading harder than it should be – it seems that all traders move towards a point of maximum complexity, followed closely by maximum confusion. Listening to a lot of the chatter recently people seem to be trying to trade when there is no clear reason to be trading. There is no rule that…
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