Following on from my earlier post on some of the outsized gains in the local market I thought I would have a quick look at the top 10 gains in the US. As you would expect it follows a similar pattern to what was seen locally.
With the world supposedly going to hell in a handbasket, it is worth reminding everyone that the market doesn’t care.
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As October approaches once again we begin to see in the press the usual moaning and wailing about the impending implosion of the market and not doubt as October gets closer and closer this gnashing of teeth will reach a crescendo. October occupies a singular fascination for the ill-informed courtesy of two events – the…
Do you ever get the feeling that every single investment idea or movement is the greatest thing since sliced bread. What interests me is that this sort of breathlessness even inhabits what you may liberally call the more refined corners of social media such as LinkedIn. Normally you would only associate rabid fan boy behaviour…
If this isn’t the definition of irony I don’t know what is….. In 2012, Shu, Mazar, Gino, Ariely, and Bazerman published a three-study paper in PNAS (.htm) reporting that dishonesty can be reduced by asking people to sign a statement of honest intent before providing information (i.e., at the top of a document) rather than after providing information (i.e.,…
I came across this fabulous old chart that looked at the relationship between blast furnace activity and the US stock market from 1892 to 1924. Macro analysis used to have a bit of a lag.
About this time last summer, a lot of us clicked on Netflix’s Eurovision Song Contest: The Story of Fire Saga because, well, we were a lot of weeks into a stay-at-home order and Will Ferrell’s blond wig and Dan Stevens’ bare chest seemed like decent enough distractions. The flick takes place—and was mostly filmed—in Húsavík, a 2,300 person town…
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There is a line among the fragments of the Greek poet Archilochus which says: “The fox knows many things, but the hedgehog knows one big thing.” More here – American Consequences. Intriguingly most traders would like to be a variation of a fox since the belief is that the more you know the better you…
You just got off the phone with one of your most important clients. The game-changing deal you were trying to close is off. They’re not interested. You’ve just pitched 10 potential investors. They all say they’re “interested” but it’s been two weeks. You refresh your inbox hourly, and yet still no word. How do you…
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