I have been sitting on this one for a bit since I am not convinced. The practical me – that is the one who has a business that regularly confronts losses is not convinced. Loss aversion, the idea that losses are more psychologically impactful than gains, is widely considered the most important idea of behavioral…
I caught this over the weekend and it is well worth finding on Google Play, Amazon or iTunes. It is particularly good if you have a nostalgic itch for the old style record store.
When I was a student I used to work security be it pubs, concerts or private functions. It paid reasonably well and suited the lifestyle of a full-time student who was also training with state teams. A good night was simply watching girls with big hair dancing around their handbags to Bananarama at the 21st…
Following on from my last missive I have cobbled together a list of the additions and deletions since 2011. Additions Deletions Afterpay Touch Group (APT) Asaleo Care (AHY) Appen (APX) Iron Mountain Incorporated (INM) Inghams Group (ING) Retail Food Group (RFG) Unibail-Rodamco-Westfield CDIs (URW) Westfield Corporation (WFD) OneMarket Limited (OMN) Mantra Group (MTR) IDP Education…
If you thought traditional finance had very little credibility try astrology…… It’s 11 a.m. at the Princeton Club in Midtown Manhattan. A number of financial professionals have gathered here for the “AFund June 2018 Natural Resources Investment Symposium.” Our first speaker is HSBC’s chief precious metals analyst, the aptly named James Steel, who promotes gold…
So why is trading psychology so important? Well, I discovered the hard way that no amount of external success could fix the way I felt inside. The more I achieved in my corporate life, the more I felt I needed to achieve. No matter what I accomplished, I still felt a gnawing sense of emptiness…
“How many millionaires do you know who have become wealthy by investing in a savings account? I rest my case.” — Robert G. Allen Albert Einstein famously stated, “Compound interest is the eighth wonder of the world.” “Recognize the fortunate so that you may choose their company, and the unfortunate so that you may avoid…
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