For all of the appearances of the golden ratio, there many be even more erroneous sightings of it. The spiral of the nautilus’ shell is often said to fit precisely within a golden rectangle regardless of its size. But that is untrue. Each nautilus shell does maintain the same proportions throughout the animal’s life (that…
I was not able to embed the video so click on the image below to be taken to the WSJ Watch: How to Tame Your Emotions When Investing Watch three Experts–Meir Statman of Santa Clara University and author of “What Investors Really Want,” Terrance Odean of the University of California, Berkeley and consultant, writer and investment adviser Tom…
Following my piece on fear I got a few comments from people that indicate that many confuse a lack of discipline with fear. To me fear is a visceral experience, it is almost tangible in the way it can paralyse ones actions and distort thinking. A lack of discipline is a behavioural trait and is…
I have noted with some amusement that financial commentators have gone a flutter in their nether regions at the thought of George Soros trading the $A and how it is reported that he made a profit of $18.6 million. Whilst, having $1 billion to throw at a trade must certainly be exciting and $18.9 million…
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