Like many traders, I read Market Wizards as a kid. If you don’t know it, it’s a collection of interviews with the most legendary traders of the 1980s.Back when I first read it, I really had no idea what the hell I was doing. I read it, thought I got it and moved on. But I didn’t…
Chuck Feeney today is a man of no property. He and his wife Helga live in a modest rented apartment in San Francisco. He has no car or luxuries of any kind. Actually, come to think of it, he has a very nice watch. It is plastic and cost about $15. There are no trophies or…
I have been saving this piece from the Brisbane Times – my lack of alacrity in looking at it and commenting on comes down to simply not know what to say since it operates from a point of view that is totally foreign to my own. In the past week, bitcoin took a dramatic tumble after…
British paratroopers sit across from themselves in the same aircraft that dropped them during the D-Day invasion.
When I was like four years old, despite my mother warning me not to, I put my finger on a hot stove. The stove was red and bright and shiny and I knew yummy food came from it, so the allure was irresistible. That day I learned an important lesson: really hot things suck. They…
In my readings I came across the following chart and it got me thinking about the nature of delusion – It is no secret that we lie to ourselves, we have a strangely filtered view of all of our qualities and flaws. My guess is that most of the time these delusions serve to protect…
At last something we beat the Kiwi’s in. No idea of the implication but they look interesting.
Interesting little chart from The Conversation. The data is US derived but it would seem broadly applicable to anywhere. This also tallies with the surplus of data that links everything from life expectancy, general health and life satisfaction to education. The simple rule seems to be, the more you get the better you do at…
During the women’s downhill race on Wednesday, Bode Miller, who has been an NBC color commentator for the alpine ski events at this Olympics, offered some insight on the mental toll of his former profession. “Everyone says that the pitcher’s mound is the loneliest place in sports. I would say the Olympic start gate is…
What are the lives of the planet’s wealthiest people really like? Several years ago, sociologist Brooke Harrington decided to find out. What’s It Like To Be Rich? Ask The People Who Manage Billionaires’ Money She knew she’d have a hard time gaining access to the world of the über wealthy, so she did something unusual:…
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