The First (and Last) Step to Financial Satisfaction? Defining ‘Enough’
Source – New York Times Click here for accompanying article
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Our world outsmarts us
When mulling over possible reasons for the alarming nastiness associated with the recent presidential election in the United States, I am reminded of my grade-school bully. Handsome, often charming, superbly athletic, the bully (let’s call him Mike) would frequently, usually without clear provocation, kick, punch and shove other classmates. Fortunately, for reasons not apparent at…
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Why I Lost My Bet With Warren Buffett
Almost a decade ago Warren Buffett made a bet with Ted Seides then of Protege Partners a specialised asset management firm that the S&P500 would over the next ten years beat a selection of the hedge funds. With the bet nearing its termination date Seides has admitted defeat and in an article for Bloomberg sets out…
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Would You Take The $10M
A post shared by UNINTERRUPTED (@uninterrupted) on Apr 29, 2017 at 11:12am PDT
Hindsight Is The Perfect Investment Tool
I got bounced the table below the other day for comment which is interesting because my comments are generally so what. I have no idea where it came from so cannot vouch for its veracity. So treat it with the usual caution you apply to something you have not generated yourself. I am not certain…
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You May Have A Poor Person’s Mindset And Not Know It
Have you ever noticed that the poorest, most miserable people you know tend to be buyers of lottery tickets? C’mon lucky numbers 3, 10, 16, 22, 4, 50. I’m sure there’s a smart-sounding statistic somewhere lodged in a research report by some well-meaning PhD student who had to get funding from the So-And-So Foundation to…
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Where Do Returns Come From?
With the market making a valiant effort to push past 6,000 points I have been pondering where the gains in the market have come from over the past few years. In the past I have looked at the distribution of returns across groups of shares simply from the perspective of demonstrating that within a universe…
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