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I posted the chart below in the MP Alumni forum last week. I did so for the same reason someone drops a stone in a pond – they want to see where the ripples go. Often the issue with trading or investing is a closed mind or a mind that is set on a…
Henrique de Castro was booted as COO by Marissa Mayer after she personally poached him from Google about 15 months earlier. Mayer said de Castro “was not a fit and that’s a regrettable conclusion,” but he still walked with $58 million in salary, bonuses and stock. Source – Time I could be twice as incompetent…
I believe it was the American writer HL Menken who once said you will never go broke underestimating the intelligence of the American public. A statement that is probably a bit harsh on the Yanks but one that can definitely be applied to those who invest in hedge funds. 2013 was another great year for…
I try to maintain fairly diversified reading habits. I am a believer that some of the best books about trading never mention trading but rather deal with people and their fallibilities and their successes. I have just finished The Dirt – a biography of 1980’s hair metal band Motley Crue. The back cover of the…
This is brilliant and perfect for trolling something like Facebook simply click the Reionize electrons button to be served a fresh dose of New Age Bullshit.
The New Yorker is getting a bit of a workout this morning – I must be bored. Are speculative bubbles good for the economy? With much of the developed world still suffering the after-effects of the great housing and credit bubble, it might sound like a trick question. On Friday, however, at the annual conference…
Here are a few of the things that can make you hungry: seeing, smelling, reading, or even thinking about food. Hearing music that reminds you of a good meal. Walking by a place where you once ate something good. Even after you’ve just had a hearty lunch, imagining something delicious can make you salivate. Being…
I posted this in the Alumni section of our Mentor program forum yesterday and thought I would drop it into the blog for others to see. ——————————————————————————————————————————————————— I have just done the Market wrap segment for Talking Trading and as you would expect part of the focus was on the US and the difficulty…
I am fan of and subscriber to the Lefsetz Letter – a music industry commentary by Bob Lefstez who has been around longer than I have . Interestingly, a lot of his commentary is about issues that are wider than music alone. This is to be expected because music is both a social and technological…
My opinion of the latest Ferrari’s is slowly changing – I thought the Modena was the high point of their recent designs but this one looks pretty good. Although they do still seem to be built for Hobbits.
I am not quite certain about either the 1984 911 SC Cabriolet or the fat arsed Panamera which to my eye simply looks like a regular 911 that has been force fed and then beaten with an ugly stick
Within trading one of the things that is often missing is the need for perspective, the noise that accompanies the markets generally obscures what is actually happening. It also forces upon traders an unnecessary granularity on both their analysis and their emotional response. If you were anywhere vaguely near a radio, tv, website or paper…
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