Millionaire Households

If you were asked to generate a list of which countries had the most millionaires as a percentage of their population would you have come up with this list. Proportion of millionaire household by market 1. Singapore         15.5% 2. Switzerland        9.9% 3. Qatar                    8.9% 4. Hong…

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Being Ordinary Pays…..Really Well

Someone dropped this article into my inbox and makes mildly interesting reading for a fluff piece. However, two points stood out. Mr. Sass’s style has produced an annualized gain of 7.2 percent, after fees, over the past decade versus a 5.3 percent annualized return for an index of value stocks tracked by Chicago research firm…

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Quote Of The Day

“For me, trading is all about mastery:  the mastery of markets’ complexities and the myriad challenges of self-mastery. “Brett Steenbarger, I quite like Steenbargers work – a copy of his Enhancing Trader Performance: Proven Strategies From the Cutting Edge of Trading Psychology sits in my bookshelf. However, I have to take issue with this quote…

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Too Stupid To Trade?

I used to think that there was no such thing as being too stupid to trade since trading is not really an intellectual endeavour. All it requires is a sound method and a robust psyche to keep plugging away with your method. Developing a sound trading system is not really that hard, if you can…

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Make Yourself Smarter Time

Okay blogopytes time for some reading. India Is Growing, But Indians Are Still Starving – much is made of the coming of the Indian juggernaut but until they can actually feed their people they will continue to lag behind the other emerging superpower China. The Only Thing That Really Matters. When We’re Cowed By The…

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Magical Thinking

Uncertainty in the presence of vivid hopes and fears, is painful but must be endured if we wish to live without the comfort of supporting fairy tales. – Bertrand Russell You would think that in the hard-nosed world of trading, the only concepts that are applicable would be reason, logic and discipline. The current buzzword…

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