I am currently rereading Nate Silvers – The Signal and the Noise: Why So Many Predictions Fail – but Some Dont . It is a book that I consider compulsory reading for any trader. The first part of the book deals with baseball – a sporting endevour which lends itself to statistical analysis and which has seen…
1. Markets have consistently experienced “100-year events” every five years. While I spend a significant amount of my time on analytics and collecting fundamental information, at the end of the day, I am a slave to the tape (and proud of it). 2. Younger generation are hampered by the need to understand (and rationalize) why something should go…
Every year I shred all my documents that I no longer need – I find shredding to be very liberating. Just a pity you cannot shred people as easily…. Behaviour Gap is well worth subscribing to for this simple little graphics.
I was going to drop this into the email of the week category but it seemed to be more of a sook of the week sort of thing. Unfortunately, this one wasn’t sent to me so I had to read it over LB’s shoulder but its contents are more than worthy pf repeating. Our erstwhile correspondent stated that…
Want to make a fortune for yourself without making a fortune for your investors then run a hedge fund. Heads I win, tails you lose. More here – Institutional Investors Alpha
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