Excellent graphic from the NYT on CEO compensation in the US and accompanying article The chart alone is compelling evidence that the system of CEO salaries is broken probably beyond repair.
I came across an interesting paper the other day that look at the changing nature of delusions within populations presenting at US psychiatric hospitals. The researchers found something very interesting but fairly obvious. The nature of delusions is changing in that it is reflective of the culture at the time. The authors found that –…
Having watched the energetic expansion of the Indian economy over the past few years I have often wondered whether the inherent racism of the caste system and the inefficiencies of a colonial bureaucracy would eventual lead to structural problems that might bring the entire expansion phase undone. Apparently it is – BANGALORE, India—Call-center company 24/7…
John Murphy has been a technical analyst on both TV and for Stockcharts.com for decades. He has also published numerous books (read odes to magic tools) on the subject. The following are a set of rules he generated. Compare these rules to those of Michael Steinhardt and remember Steinhardt was an actual trader with an…
These rules were pulled from a speech he gave – 1. Make all your mistakes early in life: The more tough lessons you learn early on, the fewer (bigger) errors you make later. A common mistake of all young investors is to be too trusting with brokers, analysts, and newsletters who are trying to sell…
Retired hedge fund manager Michael Steinhardt speaks his mind. Steinhardt was one of the true original global hedge fund manager. His interview in Market Wizards is well worth a read.
I have posted before about the lack of sleep on high performance. This interesting ditty from the WSJ looks at those folks who dont seem to need much in the way of sleep but still manage to perform well.
Recently an article popped up on our Mentor Program graduate forum by Scott Pape who writes for the Herald Sun in Melbourne and undoubtedly it was syndicated nationally. Traditionally, I tend to let these sort of things slide simply because of the standing of the Herald Sun somewhere between a Harvey Norman catalogue, a chip…
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