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Following my piece on fear I got a few comments from people that indicate that many confuse a lack of discipline with fear. To me fear is a visceral experience, it is almost tangible in the way it can paralyse ones actions and distort thinking. A lack of discipline is a behavioural trait and is…
I have noted with some amusement that financial commentators have gone a flutter in their nether regions at the thought of George Soros trading the $A and how it is reported that he made a profit of $18.6 million. Whilst, having $1 billion to throw at a trade must certainly be exciting and $18.9 million…
Take home points for me – 1. Much of public health policy is based upon shaky evidence. It is my experience that is also true about nutritional recommendations as well – if you want to lose weight turn the traditional food pyramid upside down. 2. Response to exercise is very idiosyncratic. This has been my…
0 to 100 in 3.2 seconds which makes it just a shade slower to 100 than the current range of Ducati’s I have not been a fan of this car since I nearly punted one of them off the end of the Frankston freeway nearly 30 years ago. When I was told the new model…
Funny thing is I thought that according to this group derivatives were the spawn of the devil……oh but thats right they are only the spawn of the devil is you lose money doing it. I would guess so to is taking billions in bail out money was also pretty bad but WTF…. And for a…
This is very clever if you have ever wondered what the components of the Dow were at any given point in time. Click the image below to be taken to the interactive site.
There is a bit of a chat going on within the current mentor program about the teaching of financial literacy within schools. I have no doubt this is probably a good thing but I would actually like them to get around to teaching actual literacy first. The discussion reminded me of this bloke – Dr…
With some folks now proclaiming that Google trends can predict markets…..after they have moved which does defeat the purpose of a prediction system I thought it worth revisiting something I wrote awhile ago about the idiocy of predictive systems. PS: Mary-Anne and Ginger included only for reminiscing. I have a new trading system and judging…
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