How Things Change
This is the UBS Stamford trading floor circa 2008 – apparently it covered an area of 23 basketball courts. And this is the same floor today.
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Your Mind May Be Being Controlled
In decision making the quality of any decision you make is bounded by a series of strictures, the time you have to make the decision, the quality of the information you receive and your cognitive abilities to process the information you receive. Decision making can never be perfect because no collection of these inputs will…
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Is September Really The Worst Month?
The chart below from the website Chart of the Day has been doing the rounds of late. A variation on this chart has also appeared in Bloomberg and has been passed around a variety of news outlets. I am always interested in these sorts of charts and the narrative they are trying to convey. My…
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Why They Did It
“It’s like a comedy of errors,” Madoff told Soltes. “To cover the losses, I decided to take in money from hedge funds. And in order for me to do that, I had to commit to a long-term strategy that I wouldn’t send the money back [to investors]. I kept taking in more money, figuring that…
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Shut Up And Keep It To Yourself
Think that blabbing about your goals all over social media makes you more likely to fulfil them then think again. When Intentions Go Public from Trading Game Pty Ltd
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Bugger…..
A British app founded by three Cambridge graduates that predicts the next word you want to write using artificial intelligence has been bought by Microsoft for £174 million – but one of the three missed out after selling his stake for a bicycle. Chris Hill-Scott, who set the company up with Jon Reynolds and Ben Medlock in…
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How the Beatles’ ‘Revolver’ Gave Brian Wilson a Nervous Breakdown
When Brian Wilson first heard the Beatles’ 1965 album Rubber Soul, he was so astonished by the album that the next morning, he went straight to his piano and started writing “God Only Knows” with his songwriting partner Tony Asher. Wilson knew that Rubber Soul — an album that contained the most mature songwriting from John Lennon,…
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