Raven, a six-year-old chimpanzee, became the 22nd most successful money manager in the USA after choosing her stocks by throwing darts at a list of 133 internet companies. The chimp created her own index, dubbed MonkeyDex, and in 1999 delivered a 213 per cent gain, outperforming more than 6,000 professional brokers on Wall Street. More…
Chris Tate and Louise Bedford’s 6-month, repeat-for-free Mentor Program will help you develop a fabulous trading lifestyle, where you call the shots. To get involved, register for Priority Notification. Yes, there’s a waiting list. Yes, a lot of people miss out every year. The only way to get involved is to stick up your hand…
Danes are some of the happiest people in the world, and they also happen to have a lot of cool words for ways to be happy. You may have heard about “hygge,” which has been the subject of countless books, articles and commercials. Often mistranslated to mean “cozy,” it really describes the process of creating intimacy. But another word “pyt”—which…
So for some strange reason ( blame lockdown ), I found myself wondering about the origin of the word stochastic, so I fired up Google and underneath what I was looking for I got the following. So, third in line after me looking up the origin of the word stochastic appears the age-old chestnut about…
….Fear is a necessary learned emotion. If we were unable to feel fear in certain situations, we would then be unable to shield ourselves from hurtful or dangerous stimuli. However, fear in excess is more detrimental than it is helpful — often severely impacting our judgments and choices in situations (Lemia, M.C., 2011). According to…
One of the most effective methods for changing our behaviour is to alter the level of friction we face when making a decision. If we want to encourage an action, make it simple. If we want to restrict it, put up obstacles. We use this method intuitively in our everyday life – when we are…
In 1987, while many of his classmates at Harvard were out partying and living the stereotypical college life, a student named Ken Griffin was already focused on building his future. The 19-year-old was busy developing the skills and laying the groundwork for what would eventually become a financial empire, amongst the largest such firms in…
Japanese billionaire Yusaku Maezawa revealed Sunday he regrets day-trading stocks and losing 4.4 billion yen (roughly $41 million) as the coronavirus pandemic fueled strong market volatility. The founder and former CEO of e-commerce firm Zozo said in a tweet he fell into the trap of short-term trading before learning more about the practice. He also lamented how…
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