Context…….Again
Saw this snippet online this morning courtesy of The Age online edition. Pop quiz for the day – was the road toll in China for that day higher or lower than 97? Numbers without context or framing are meaningless.
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History Leaves Clues
One of my bugbears is historians who draw lines through history and present it as a linear narrative. As an example, the Treaty of Versailles, lead to the Weimar Republic whose collapse was inevitable which lead to the rise of Hitler which leads to the Second World War and all its associated horrors. It is…
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Markets, Pandemics and General Idiocy
Let me start with a general statement – t world is awash with cretins when it comes to any event that doesn’t involve watching reality TV, piss farting around on social media, waxing your genitals and shaving off your eyebrows and then drawing them 3cms higher than they were with a sharpie. There is no…
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There Is Nothing New
One of the side benefits of getting older is that you realise there is nothing new. This seems to be particularly true in regard to new traders who think they have made a new and novel mistake and market “experts” who think they have invented something new. I am not certain whether it is comforting…
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The Inner Game: Why Trying Too Hard Can Be Counterproductive
t’s the final moment before an important endeavor—a speech, a performance, a presentation, an interview, a date, or perhaps a sports match. Up until now, you’ve felt good and confident about your abilities. But suddenly, something shifts. You feel a wave of self-doubt. You start questioning how well you prepared. The urge to run away…
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The Power of the People Around You
……Consider a 2010 study of United States Air Force Cadets in which psychologists from the National Bureau of Economic Research tracked a cohort of cadets over 4 years. The researchers found that while there was variability in fitness gains/losses across all the cadets, there was hardly any variability within squadrons. Squadrons are groups of about 30 cadets…
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