“Real self-esteem is an integration of an inner value with things in the world around you,” Anna Deavere Smith wrote in her invaluable advice to young artists. But how does one master the intricacies of that integration? That’s what legendary Chinese-American martial artist, philosopher, and filmmaker Bruce Lee (November 27, 1940–July 20, 1973) explores in one of the pieces…
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One of the things you learn quite quickly in trading if you have any degree of awareness and humility is that the market will not in any way respond to your exhortations to behave in a certain way. Recently I got a notification from LinkedIn that I was suitable for several jobs that were being…
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It’s pricey out there—particularly if you’re looking to replace the grand piano in your jet. Our Cost of Living Extremely Well Index (CLEWI) climbed 3.4% this past year, more than a point above its 2018 increase. It rose nearly twice as much as the Consumer Price Index, which was up 1.7%. Since we started tracking…
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Quant investing, and indeed much of the hedge fund industry, is built on the power and freedom that come with the ability to sell short. When you short a security (borrow and then sell it, meaning you make money if the price falls and you then re-buy it), you can profit when markets go down as well…
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PS: I accept that technical analysis is a broad church that encompasses everything from pseudo religous beleifs such as Gann and Elliot Wave through to the idiocy sunspots and astrology, to those who plaster their chart with indicators and ending up with simpletons such as me who simply trade in the direction of the trend.…
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Erecting a new building ranks among the most inefficient, polluting activities humans undertake. The construction sector is responsible for nearly 40% of the world’s total energy consumption and CO2 emissions, according to a UN global survey (pdf). A consortium of Swiss researchers has one answer to the problem: working with robots. The proof of concept comes in…
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More here – TheDrive
“In much of your talking, thinking is half murdered. For thought is a bird of space, that in a cage of words may indeed unfold its wings but cannot fly.” More here – Brain Pickings
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The recipe for succeeding in any given field is hardly a mystery: good ideas, hard work, discipline, imagination, perseverance and maybe a little luck. Oh, and let’s not forget failure, which Dashun Wang and his colleagues at Northwestern University call “the essential prerequisite for success” in a new paper that, among other things, is based…
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