In my life, I have given a fuck about many people and many things. I have also not given a fuck about many people and many things. And those fucks I have not given have made all the difference. People often say the key to confidence and success in life is to simply “not give…
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At one of the gyms I used to frequent there was a trainer who used to do some very odd things and initially I could not work whether he was a mad genius or just a dickhead. In the end he turned out to be just a dickhead, my guess about Ray Dalio and the…
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I was looking at the chart below of the ASX 200 and its volume. As you can see below the chart whilst looking reasonably standard has two points of interest for me. Firstly, the trace of volume by coincidence looks like a nice little bell curve, with the peak occurring as we initially bounced out…
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Below is the abstract from this paper – The Misguided Beliefs of Financial Advisors A common view of retail finance is that conflicts of interest contribute to the high cost of advice. Using detailed data on financial advisors and their clients, however, we show that most advisors invest their personal portfolios just like they advise…
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This piece by the Harvard Law Review is wonderfully comprehensive and can be downloaded from here. There is a summary posting here if you want the Readers Digest version. However, I would suggest downloading the entire thing. This charts stands out as highlighting the miserable performance of the most overpaid CEO’s . Once you read the…
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According to academics if you want to truly master the art of the queue, you need to follow the rules. It’s all about the power of six, professors say. People will wait for six minutes in a queue before giving up and are unlikely to join a line of more than six people, researchers at…
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“Become more humble as the market goes your way.” – Bernard Baruch
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