The Worlds Big Five
Source : Bloomberg Businessweek
Self Herding
I have been rereading parts of Dan Ariely’s The Upside of Irrationality. For those who don’t know of Ariely and his work you can catch up with him on TED. One of the great cognitive biases we face as traders is the notion of herding – that is we run in groups. Institution’s are particularly…
DetailsPorsche Cayman S
I thought I would post this for two reasons. Firstly, to illustrate the different approaches to selling at a high level here and in the US. Whilst, I have no doubt car salesman are dodgy the world over this is actually a reasonably slick video. Porsche dealers locally still have very limited interaction with their…
DetailsEverything Is Rigged: The Biggest Price-Fixing Scandal Ever
From Rolling Stone…Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent…
DetailsThe Golden Rage
This is from the Jon stewart show. Some of you may have trouble viewing this video. If you do run Chrome or Firefox and install MediaHint which is available here. The Daily Show with Jon StewartGet More: Daily Show Full Episodes,Indecision Political Humor,The Daily Show on Facebook This little add on enables you to by…
DetailsEconomics
Courtesy of Joe P.
How Much Should We Trust Economics?
I was in the process of writing a piece on this very subject.As luck would have it someone has done a much better job.
Have You Ever Wondered Why Fund Managers Do So Badly?
If so here is your answer. I snipped this out of a conversation going on in the Mentor Program Alumni forum and as is my habit whenever someone makes a bold pronouncement regarding something like stops I like to dig a little deeper. On Baskin financials website they boast the following performance. At first glance…
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