This is not directly trading related but if there was a game that mimicked trading it would be golf. A golf game is won by the person who makes the fewest catastrophic error and whose management of their internal game is superior to others. Incremental gains count. I am assuming that they are referring to…
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Of course they are….. More here – Town and Country
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Many years ago, at an investment conference at a prestigious Oxbridge college I sat next to the college bursar at dinner. The conversation inevitably turned to plans for managing the college’s endowment fund. I was too embarrassed to say anything — perhaps I should have done? — but it soon became apparent that the strategy…
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