LATEST BLOGS

Dreaming

I have been pondering the psychological utility of things such as playing the lottery. I fully accept that the odds against winning are astronomical and are as follows –   Tattslotto      1 in 8,145,060 Oz Lotto         1 in 45,379,620 Powerball       1 in 54,979,155 Now balance these…

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Nice Work If You Can Get It

It paid to be a top-performing hedge fund manager in 2011—very, very well for the some of the biggest names in the industry, in fact. Bridgewater Associates founder Ray Dalio was named the highest-paid hedge fund manager of the year by Forbesmagazine’s annual list of the 40 best-paid hedgies, which estimates that Dalio earned $3 billion…

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Harvey Norman

Whilst wandering about this morning I had the radio on and heard Gerry Harvey bleating about how the woeful performance of company is now the fault of the government. Which is a welcome change because last week it was those evil online shoppers. If they gave a prize for the billionaire who does the most…

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I Love Idiot Disclaimers

Came across this vid on the google box. I love the fact that it has a disclaimer at the beginning that it was performed by trained professionals as opposed to a few blokes emboldened by beer armour who just thought they would have a go.

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The Mindset Of The Profitable Trader

Well, we are now some three weeks into the lastest mentor program and it is interesting to see the shift in the thinking of some of the participants. I have to admit it is always intriguing to see the ideas that new traders seem to have picked up along the way and often how tenaciously…

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Diffusion Of Responsibility

Over the weekend I revisited this article from The Guardian It was the holy grail of investors. The Black-Scholes equation, brainchild of economists Fischer Black and Myron Scholes, provided a rational way to price a financial contract when it still had time to run. It was like buying or selling a bet on a horse, halfway…

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THE LONGEST RUNNING REPEAT-FOR-FREE TRADING MENTOR PROGRAM IN THE WORLD

Want to be an exceptional trader? Learn from the best. Chris and Louise have found the way to take the guesswork out of share trading.
They can teach you how to do this too!

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