For Those Addicted To The Evening News
My guess is the same sort of editorial decision making progress applies to all aspects of what passes for news.
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Hedge Fund Managers With Psychopathic Tendencies Make for Worse Investors
Ya reckon….yet another thing that probably got a grant when one wasn’t actually needed. Some things belong in the no shit Sherlock file…. Abstract It is widely assumed that psychopathic personality traits promote success in high-powered, competitive contexts such as financial investment. By contrast, empirical studies find that psychopathic leaders can be charming and persuasive,…
Less Entrepreneurial Than You Think
The US is often touted as the land of the entrepreneur where everyone with with a bit of get up and go starts a business and climbs their way to the top. Apparently this isn’t so.
Louise’s Love Affair
The year was 1993. I was in a full blown tantrum. My broker was copping the brunt of my frustration. “You’re getting rich from me paying you brokerage, and I’m not making any money at all. Unless you can introduce me to someone making bucket-loads of money as a trader, I’m going to quit” I…
Off With Their Heads
I came across this chart the other day – it shows the collapse in the income of the bottom 50% of the population versus the gain of the top 1%. I am not certain who actually thinks this sort of thing is sustainable.
Long Term Wealth Creation
I am currently in the process of adding the finishing touches to our upcoming seminar series and in doing so I was looking at the notion of long term wealth creation and why it is so hard for traders to simply sit still and not doing anything when the market is running in their favour.…
Ray Dalio – Principles Part 1
I am currently making my way through Ray Dalio’s collection of thoughts and it is proving to be an interesting read. Dalio is an interesting individual with an interesting take on life – this obviously explains in part why his hedge fund Bridgewater has a somewhat interesting reputation for having an unusual corporate culture. What…
What Breaking the 4-Minute Mile Taught Us
The sad news of the passing of Roger Bannister, the first human being to run a four-minute mile, got me thinking about his legacy — not just as one of the great athletes of the past century, but as an innovator, a change agent, and an icon of success. As it turns out, when he broke…
Acceptable losses: the debatable origins of loss aversion
It is often claimed that negative events carry a larger weight than positive events. Loss aversion is the manifestation of this argument in monetary outcomes. In this review, we examine early studies of the utility function of gains and losses, and in particular the original evidence for loss aversion reported by Kahneman and Tversky (Econometrica …
The 3 Biggest Obstacles to Becoming Financially Free – by Michael Yardney
What has been the single greatest obstacle stopping you becoming financially free? Why do I ask? Well…last week I was conducting a private client function and had the good fortune to have conversations with a number of our Wealth Retreat graduates. I was talking with them about their experiences since attending our 5 day workshop,…
Trading Secrets – Killer Strategies to Beat the Markets
To be in control of my own financial future has always been very important to me. That’s why it was inevitable that I would eventually find myself drawn to the sharemarket, like a moth to the flame. Naively, my entire goal from the moment that I began to trade was to tame the sharemarket and…
AMP – Its Been A Dog For Awhile
Whilst driving home yesterday I had the misfortune of hearing an ambulance chaser on the radio touting for AMP shareholders to be involved in a class action over the destruction of shareholder wealth caused by the revelations in at the current Royal Commission and this prompted me to think what shareholder wealth and what destruction.…
The Real Story Behind Charting Secrets
Years ago I climbed up the corporate ladder to achieve the role of a national sales manager. I was having an absolute ball, revelling in my ambition, loving every minute of it. Everything that I had aimed for was beginning to come true. However, everything wasn’t as picture-perfect as it appeared. At night, I would…
Reality is Different To Perception
I have an aversion to the mainstream media since I regard it to be simplistic fodder for the masses designed to do little more than maintain a never ending cycle of anxiety based upon a distorted version of reality. It wilfully ignores the small battles people undertake everyday to make the world a tiny bit…
THE LONGEST RUNNING REPEAT-FOR-FREE TRADING MENTOR PROGRAM IN THE WORLD
Want to be an exceptional trader? Learn from the best. Chris and Louise have found the way to take the guesswork out of share trading.They can teach you how to do this too!
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