The chart below is from a recent analysis from the World Economic Forum The report points out in detail the simple fact that people are living longer than their retirements savings, the returns they have from their existing investments are inadequate and the government will struggle to make up any shortfall. The takeaway message is…
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Ross Edgley, a British athlete and fitness enthusiast, is currently on a mission to swim 2,000 miles around the coast of Great Britain. That means spending 12 hours a day in cold, sea jelly–filled currents. The feat has been a dream of his since childhood, and after talking to rowers and gauging his ability to work with…
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The chart below shows a series of predictions by experts on the future of the US 10-year T-Note. As you can see they missed by miles which should not be any surprise at all what is surprising is that anyone still listens to them. Source – WSJ
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This is not a bad introductory primer on volatility which is one of the most misunderstood topics in trading. Although, I do think they make too much of extraneous fundamental factors such as news and earnings and not enough about herd behaviour. From my perspective volatility is simply a function of the human perceptual filter…
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The Wall Street Journal says Los Angeles faces a glut of mansions built on spec and priced above $20 million. About 50 such houses are currently for sale, and there isn’t enough dumb money around to buy them all, so sellers are having to resort to both price cuts and absurd marketing techniques, such as open houses that are…
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At this year’s Euroanaesthesia Congress (the annual meeting of the European Society of Anaesthesiology) in Vienna, Austria (1-3 June), doctors present the unique case of a man who suffered a flash fire in his chest cavity during emergency heart surgery caused by supplemental oxygen leaking from a ruptured lung. More here – EurekAlert
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As everyone knows I am not a fan of news, I find it a noisy distraction from actually getting on with life. However, I have another reason for not liking the news and it is simply that it does not in any way represent the reality of the majority of peoples lives for the majority…
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Choking is a ubiquitous and extremely frustrating human weakness – as the stakes are raised, our performance usually improves, but only up to a point, beyond which the pressure gets too much and our skills suddenly deteriorate. Any new psychological tricks to ameliorate this problem will be welcomed by sports competitors, students and anyone else…
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