Financial research is highly prone to statistical distortion. Academics have the choice of many thousands of stocks, bonds and currencies being traded across dozens of countries, complete with decades’ worth of daily price data. They can backtest thousands of correlations to find a few that appear to offer profitable strategies. The paper points out that…
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As a member of Empty Jets I noticed something similar the moment the mining infrastructure boom came to an end. Demand for private flying surged along. General-aviation operations at Midland International Airport jumped almost 10 percent in 2014, according to data reported to U.S. regulators. Now, private aviation’s role as canary-in-a-coal-mine is being watched closely…
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Nicole O one of our new mentorees dropped this onto the forum yesterday – it is worth a read since its application is universal irrespective of what change you are trying to make. Are The People Around You Killing Your Ambition? Have you ever shared your desire to transform your life through renovating and been…
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I have to admit that the interior has improved. When I first looked at them they had an interior that appeared to be straight out of a Ford Modeo shitbox.
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According to the Sydney Morning Herald there has been an exodus of funds from large superannuation funds into self managed funds. The number of people with DIY super funds has grown by more than 30 per cent during the past five years to more than 1 million, collectively worth, in December last year, a whopping $568 billion.…
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