Analyzing the Bitcoin Ponzi Scheme Ecosystem
Analyzing the Bitcoin Ponzi Scheme Ecosystem from Trading Game Pty Ltd
Why We Listen To Bad Forecasts
London had 120,000 residents in 1523. A fifth of them – 25,000 people – had fled the city by February 1524. They weren’t running from war or famine. In the summer of 1523 a group of fortune tellers warned that on February 1, 1524, the River Thames would swell so high it’d swallow London whole.…
Vanishing time in the pursuit of happiness
Unlike other goals, pursuing happiness rarely leads to attaining happiness (Schooler, Ariely, & Loewenstein, 2003). Instead, seeking happiness more often, ironically, decreases happiness, in turn causing a previous act of seeking happiness to prompt continued behavior devoted toward the same objective (i.e., acts of seeking happiness). How might this happiness-seeking spiral shape one’s experience? We propose that the…
The difference between a snafu, a shitshow, and a clusterfuck
Let’s say the situation at work is not good. The project (or product, or re-org, or whatever) has launched, and the best you can say is that things aren’t going as planned. At all. It’s a disaster, though the best word for it is the one you drop over drinks with your team and when…
Nobody Likes A Smart Arse Toaster
Chalk one up for the humans. Hedge funds that use artificial intelligence and machine learning in their trading process posted the worst month on record in February, according to a Eurekahedge index that’s tracked the industry from 2011. The first equity correction in two years upended their strategies as once-reliable cross-asset correlations shifted. While computerized programs…
The Best Way to Lose $5 Billion Dollars
It was January 4, 1877 and the world’s richest man had just died. Cornelius “The Commodore” Vanderbilt had amassed a fortune of over $100 million over the course of his lifetime as a railroad/transportation pioneer. The Commodore was of the belief that splitting the family fortune would lead to ruin, so he left a majority…
Fund Managers with Psychopathic Traits Get You Less Money
Given the importance of wealth in this day and age, the decision to take a portion of your hard-earned money and make an investment should not be an easy one. After all, we all know that it can be a risky endeavor, which requires special knowledge and expertise in a highly volatile market. One way…
Fun With Banks
With the banks getting a rogering at the current Royal Commission where the only people who are surprised that the banks treat their customers like shit are the banks themselves, who reward such behaviour and politicians who want lucrative directorships and consultancy with banks when they leave politics. Combined the touted changes to dividend imputation much has…
Jeff Yass – Market Wizard
Jeff Yass was always a little different from his peers — a brilliant young man taken with poker and horse racing and the power of rational decision-making. He’s used all of it to turn his company — Bala Cynwyd’s stealthy and mysterious Susquehanna International — into one of the world’s most lucrative and powerful financial…
Richard Clapton – The Best Years Of Our Lives
Whilst cleaning out my music collection and making certain it was all available to me digitally I came across this single. One of the most underrated singer/songwriters Australia has produced I remember seeing him in some shitty venue on the Mornington Peninsula more years ago that I care to remember….
Success Has A Face
I have had occasion recently to hop a plane without my usual travelling companion (LB)- this has caused me to spend more time watching people and making observations about the travelling experience. When did hats become a default fashion item in the lounge and I am not talking about your ubiquitous baseball caps which are…
Daylight Saving Sucks
I friggen hate daylight saving – it is simply another social policy for which there is no evidence… One hundred years after Congress passed the first daylight saving legislation, lawmakers in Florida this week passed the “Sunshine Protection Act,” which will make daylight saving a year-round reality in the Sunshine State. If approved by the federal…
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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