Great little piece on the gains in markets under various economic philosophies. This is the most telling chart from the article. You will note that we rank 17th out of 18 countries and the laissez–faire Yanks rank 15th. The orignal article from which this chart is drawn can be found here and it makes a…
I have never been a real estate person – I have always found the process of buying a home to be time consuming, stressful and to be honest friggen primitive. There is all that paperwork, talking to banks, dealing with land rats and then you have to wait for several months before you actually get…
As an intellectual pursuit trading is not a difficult endeavour, the rules are quite simple and they revolve around the central tenet of cutting your losses and letting your profits run. This maxim has been with traders for generation and a failure to recognise its importance has even afflicted the greatest traders. The late Jesse…
This is what your market looks like when your country is run by gibbons, the national sport is tax evasion and everyone wants a full pension after 35 years of work compared to Germany’s 45.
BA’s only female Concorde pilot has lost her battle with Cancer, she was 57. The former hairdresser turned Captain was the first ever woman to pilot the aircraft, when she completed her conversion course in March 1993. She was the only woman in British Airways to pilot Concorde. Barbara Harmer was born in 1954 in…
In a world where the inane and idiotic exploits of bogan fwits are celebrated on almost a daily basis in the media it is good to read about someone who is actually making a noble attempt to raise the IQ of the room
There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don’t know we don’t know. Donald Rumsfeld, Former US Secretary of Defense If…
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