Whenever I see a report on the spread of coronavirus it is generally accompanied by a variation of the graphic below. Giant red circles encompassing massive areas of the globe. People see this and quite naturally freak out because it appears as if the world is engulfed in a runaway contagion. What is being shown…
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One of the things that social media has brought about is not only widespread dissemination of uneducated and frankly stupid opinions but also the spreading of outright lies. Below is a copy of an equity curve that appeared on one of my pages. Pay close attention to not only the curve which is the thing…
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A long term historical perspective of the previous week. Click the pic for a big version.
I noticed the following headline whilst having brekky at my local. You can read the original piece here in the Melbourne Age. Unfortunately, I would consider most of it wrong since the way you tell when markets have bottomed is to open a chart and look back six months and go….there’s the bottom. The only…
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One of the things that scream incompetent is the inability to distinguish between what is a relative figure and what is an absolute figure. You most often see this sort of idiocy in the reporting of the risks associated with various events such as diet or drug interventions. For example, consider this statement – eating…
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According to the popular press, Australians are racing out to buy hand sanitiser and face masks to protect them from the coming apocalypse. I do wish someone would tell them that neither will help. However, as someone who is fascinated by group behaviour hence my belief that Charles P Kindleberger’s Manias, Panics and Crashes is…
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The more we learn about sleep, the more important we know it is to brain function. We even know that not enough uninterrupted sleep can increase your risk for Alzheimer’s. New research has shown exactly why that is, and it should be frightening news for anyone who routinely tries to get by on four, five, or even…
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