I first came across Michael Steinhardt in the original Market Wizards book. He always seemed to be a larger than life character with a wicked sense of humour – most of which was directed at hapless brokers.He retired from the hedge fund business many years ago but is now back apparently this time in a…
“Ever tried. Ever failed. No matter. Try again. Fail again. Fail better.” Samual Beckett – probably the most depressing literary bastard of the 20th century but it is an apt quote for the traders life.
It is early in the year but we have a clubhouse leader for my favourite paper of the year. A higher chocolate consumption has been linked with reduced risks for the development of cardiometabolic disorders.1 The authors’ experience is that chocolate consumption in a hospital environment is a relatively common occurrence, and that gifts from patients…
STOCK market investors who buy and sell on the flip of a coin might sound irresponsible, but a handful of random traders could be just what markets need to avoid bubbles and subsequent crashes. Financial booms and busts occur when traders all rush to purchase or sell stock just because others around them are. “I…
I had been planning to write a piece on that thieving prick Jordan Balfour since he is so archetypal of what is wrong with the finance industry. But every now and again someone comes along and does a much better job than you could and saves you the trouble. Sure, it has a big star…
Local chemistry teacher James Kennedy has done something very clever – he has given a breakdown of all the chemicals that occur naturally in food. This seems to be somewhat of a pushback to the knee jerk reaction people have when they see lists of ingredients in food and then freak out that it is…
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