In finance you get to hear all sorts of odd things – it must be the type of people the industry attracts. However, some stick in the mind more than others. Some time ago LB and I had a meeting with a group and we discussed numerous ideas, none of which went anywhere, the reason…
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Recently on LinkedIn I saw a piece that was extolling virtues of profit taking, a strategy I am vehemently opposed to. The piece used words such as greedy to try and generate some form of emotional response in the reader – as if being greedy is a bad thing. In trading it is the only…
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In yesterdays video I talked briefly about eliminating the noise that seems to be so predominant today. Part of this noise tries to generate a cohesive narrative that mixes politics, the economy and the market and to impose a relationship where there is probably none. Governments come and go economies travel in fits and spurts…
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Source – The Poke
Its big, loud, German and stupid…….what more do you need?
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I was recently listening to the 100th episode of the Michael Kitces podcast with Joe Duran to learn about how Duran used data analytics to help build and scale a $24 billion wealth management firm. However, it wasn’t the machine learning or the data-driven decision making that stuck with me the most. It was something Duran said at the end of…
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When, at the age of 50, John Fenn joined the faculty at Yale, he was old by academic standards. But then again, he was an inveterate late starter. He published his first research paper at 32, a decade after leaving graduate school. He was 35 when he got his first academic appointment, at Princeton, where he started working…
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…..And noting your gratitude seems to pay off: There’s a growing body of research on the benefits of gratitude. Studies have found that giving thanks and counting blessings can help people sleep better, lower stress and improve interpersonal relationships. Earlier this year, a study found that keeping a gratitude journal decreased materialism and bolstered generosity among adolescents. In another study from August, high school…
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