Old School Cool
Since returning from London where LB and I caught Motown the Musical I have been giving my Motown collection a bit of a going over.
Since returning from London where LB and I caught Motown the Musical I have been giving my Motown collection a bit of a going over.
The interview in the post below with Daniel Kahneman got me going back over some old links that looked at the application of his and Amos Tversky’s ideas to trading and the chestnut I keep coming up against is the following question. You have been given a choice between either – a. $100 guaranteed, or b.…
DetailsWhy Do We Believe Stupid Things – David Harding Why Do Smart People Do Foolish Things – Scientific American
DetailsI’d lost almost $200 million in October. November wasn’t looking any better. It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and right. I worked at a major investment bank, and while I didn’t think the disastrous deal I’d done would cause its collapse, my losses were quickly…
DetailsWith all the mug punters of the world seemingly going all a flutter in their neither regions over Bitcoin and all the talk about how volatile it is, I thought I would take a quick and dirty look at how volatile it is in comparison with other instruments and whether the current level of volatility…
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