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This graph from the Economist caught my eye. I ma intrigued that luxury cars have done so well and I am wondering two things. Firstly, if their definition of luxury cars might actually refer to strict collectibles as opposed to luxury. Secondly, if the figure has not been distorted by outliers and so has been…
Every now and again it worthwhile going back and reviewing some basic trading concepts. One of the tasks I get the mentorees to undertake is to find what a perfect move looks like to them. This achieves two things. Firstly, it gets them to start looking at price action in detail – something people are…
As October once more looms large on the horizon we will be subjected to more idiocy about the siren like properties of this month and the pitfalls it holds for traders I thought I would offer up some facts. The first question that needs to be answered is October really that bad for investors and…
When Alex Gunning achieved a perfect score in the Australian Mathematical Olympiad in February, people were understandably amazed by the year 10 student. When the 16-year-old doubled down with a similarly unblemished effort (and first place finish) in the more challenging Asian Pacific Mathematics Olympiad in March, they were suitably astounded. But when the young…
I was really tempted to simply post this abstract under Its Friday but I will simply post the abstract, a link and a small comment. Abstract Every year thousands of dollars are spent on psychics who claim to “know” the future. The present research questions why, despite no evidence that humans are able to psychically…
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