Should Regular People Buy Alibaba
Interesting little flow chart from the folks at Huffington Post.
DetailsInteresting little flow chart from the folks at Huffington Post.
DetailsThis is an excellent little piece on the need for noise management in trading. 1. Consider your source. Unless the source is unimpeachable, ignore it. Experts (and especially phony experts) are prone to the same weaknesses all of us are, of course. Philip Tetlock’s excellent Expert Political Judgment examines why experts are so often wrong in sometimes excruciating detail.…
DetailsWhilst driving home I had the misfortune to hear a market report and one of the reasons given for BHP rising against the tide today (a staggering 0.28% rise) is that iron ore prices are surging….. Interesting how a 31% collapse is seen as a surge. Journalists are so thick.
DetailsI posted a variation of this chart yesterday and I was thinking about it last night as to how people would interpret its relevance. I could construct a narrative that went along the lines of the market is congesting and therefore should opt for not adding to any of my current US positions. Alternatively I…
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