I am not really one for motivational crap – all that Anthony Robbins bullshit that simpletons fall for makes me want to bash my own testicles with a hammer. However, every now again you come across a piece that is really quite simple in its message. Change the lifting metaphors and setting to trading and…
People are not irrational-at least not as much as we are led to believe. This is because the brain is economic. That is, brains have a limited amount of energy to achieve necessary goals like survival and reproduction. As a result, brains have evolved ways to make decisions in an efficient way. Professor Richard McKenzie at UC…
I know the yanks have gone all a gaga over the new Corvette Stingray. But this is what a serious supercar is like. And if you want to get serious….next years Christmas present… The Italians couldn’t run a hot bath but they certainly know how to tune an engine.
I tend to subscribe to very few things, one of the things I do find useful si a monthly report that DJ-UBS produce on their commodity indices The report comes out once a month and has the following format. Looking at a chart is good but your eyes can play tricks on you which is…
This Friday we have Kora Reddy of asxiq dropping by as a guest contributer, who for the next three weeks will be going through some of the intricacies of back testing. Why Backtest a strategy? Quick answers to the question: to determine whether a theory or hypothetical construct is valid in historical testing to summarize…
Thomas Henry Huxley was referred to as Darwins bulldog for his defense of evolution. Dawkins follows admirably in the tradition of defending rationality against the growing number of idiots that increasingly populate the world. .
The folks at Freakonomics Radio have an excellent new podcast. So when is a negative a positive? When the negative is feedback. We focus on a clever research project byAyelet Fishbach of the University of Chicago andStacey Finkelstein at Columbia. It argues that positive feedback certainly has its role — especially when someone isn’t yet fully invested…
The clever folks at asxiq have produce an app for the iPhone that gives dividend information for ASX shares. Dvdnd IQ lets you track all the important upcoming dividend dates (ex-dividend, record, payable, etc.) of all the ASX listed shares in easily scroll-able calendar format. Dvdnd IQ includes details for each ASX listed share, information such as last traded…
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