Risky Business?
Let’s take a plunge into the wild world of business and trading! Explore the juicy similarities between these two exciting endeavours, like the vital role of risk management, the epic power of strategic thinking, and the need for a boss-like mindset to achieve. So, grab your coffee, sit back, and let’s get into it!
Things Professional Investors Should Say but Can’t
One of the main challenges faced by professional investors is that good behaviours are often in direct conflict with our own interests. This is either because our incentives are misaligned – what’s beneficial for the business or my career is not necessarily good for my client – or we feel compelled to meet the erroneous…
Foresight: The Mental Talent That Shaped The World
When humanity acquired the ability to imagine the future, it changed the trajectory of our species. But in the age of the Anthropocene, we need to harness this mental skill now more than ever, say the scientists Thomas Suddendorf, Jon Redshaw and Adam Bulley. More here – BBC Future
You’ve Heard About Behavioral Finance. But What About Physical Finance?
Over the last ten years, the amount of research on behavioral finance — or BeFi — has exploded to the extent that anything said about the subject today seems almost trite. To summarize: People are not perfectly rational economic machines when it comes to making financial decisions. Now the fact that the decisions we make…
Should Investors Trust Their Gut?
Investors often talk about making a decision based on a feeling in their gut. Explaining how some form of unconscious intuition led them to the correct choice. Although this is an appealing notion – particularly as people only seem to mention it following success – it can also be a dangerous one. Should investors really…
5 Mistakes We Make When We’re Overwhelmed
The following are five common self-sabotaging mistakes overwhelmed people tend to make. There are practical solutions for each that will help you feel like you’re on top of things and do a better job of navigating your most important tasks and solving problems. More here – Harvard Business Review
Whats Happens When A Company Mentions the Threat of AI
CHGG operates in a space that is uniquely vulnerable to AI.
Reality Versus Trader Sentiment
I offer the following three charts without comment other than to label them. You can assemble your own narrative as to what they might mean for trading in general and for your apprach specifically. Natural Gas with a simple breakout – guess the trend. IG’s client sentiment indicator – guess what the majority of clients…
The Gambler Who Beat Roulette
One spring evening, two men and a woman walked into the Ritz Club casino, an upmarket establishment in London’s West End. Security officers in a back room logged their entry and watched a grainy CCTV feed as the trio strolled past high gilded arches and oil paintings of gentlemen posing in hats. Casino workers greeted…
Go for a walk around your neighborhood during the day. Are you constantly stressed, on the lookout for potential danger around you? For many of us (though certainly not all), we can mindlessly walk the sidewalks, daydreaming as we mosey along. Now, move yourself to an unknown city, in the middle of the night. Are…
A Deep Dive into Cognitive Biases
Are your trading decisions costing you big time? Find out how your own mind could be sabotaging your portfolio in this must-watch video! Learn how to beat cognitive biases and make smarter trades for bigger gains. Watch here…
