The Cure For FOMO
We have this tendency to revere quotes by famous dead people even when they steer us down the wrong path. Here’s one… Nothing so undermines your financial judgement as the sight of your neighbor getting rich. – J. P. Morgan Morgan was a bully and an egotist so of course this was his take –…
China’s Energy Crisis
Today at a Glance: China’s energy crisis is best understood through the simple, Econ 101 lens of supply and demand, with a particular focus on the coal market. Demand-side drivers primarily include a booming recovery from COVID-19 lows and a hotter-than-normal year that increased residential power usage. Supply-side drivers include coal shortages, import restrictions, utility…
Curse our names at the fortune of it. The blind absurdity of these cars gathered together for two days of driving, 48 blissful hours on the edge of autumn at Lime Rock Park. Our own personal legends at our disposal, keys in hand. We invited the machines that made us. Icons that have defined Road & Track across…
Sniff Out Hidden Profits
To get into the Mentor Program, you need to register for Priority Notification. Make a pact with yourself now that no matter what the economy is doing, you’re determined to become an ultra-versatile trader capable of sniffing out hidden profits in the sharemarket. It’s that’s what you’re after, we can show you how to…
Can ‘Smart Thinking’ Books Really Give You The Edge?
The world out there can often seem as though it is hurtling to hell in a handcart: people are refusing safe vaccines for a dangerous disease, extreme weather events caused by global heating are on TV nightly, billionaires are shooting themselves into the stratosphere in penis-shaped spacecraft while record numbers of the precariously employed rely…
Why You Should Always Switch
One of the most famous television game shows from the heyday of the genre from the 1950s to the 1980s was Let’s Make a Deal. Its host, Monty Hall, achieved a second kind of fame when a dilemma in probability theory, loosely based on the show, was named after him. A contestant is faced with three…
Email Of The Week
As you would expect when you have a blog you get a lot of unsolicited emails from people wanting you to stick something they have written on your blog. Some are vaguely related to trading and some have nothing to do with it like the one below – My name is Elin from crystalopedia.com. We’ve been working hard on…
Any Guesses?
When I am in need of quickly looking at overnight markets and accompanying price action I use BarChart which is a good little site but like all sites that have a firm technical analysis bent it is prone to making stupid statements. Whilst looking at the site this morning I noticed this bit of inanity.…
Financial Autonomy – Should You Trade?
A few weeks ago I got to have a chat with Paul Benson of Financial Autonomy. You can listen to the episode here.
