Have you ever wondered what makes someone a good athlete? Or a good leader? Or a good parent? Why do some people accomplish their goals while others fail? What makes the difference? Usually we answer these questions by talking about the talent of top performers. He must be the smartest scientist in the lab. She’s faster…
We always want to see people better themselves and get healthy. Last month, we wrote about how people are talking about going to the gym, even though their actual foot traffic to the gym was questionable. But as January rolled on and February settled in, it appears that many New Years resolutioners have not transitioned into regulars. At…
By saying that it is hard being human I am not referring to the day to day minutia of working, paying bills, interacting with others or the collapse towards entropy that we call ageing. Rather I am referring to understanding the world in a logical, data driven manner. Over the years I have come to…
I came across this chart on LinkedIn – It is a comparison between the Baltic Dry Index and the S&P500. For those who dont know the Baltic Dry Index is a proxy for all dry shipping around the world. Fundamental analysts then somehow contort this is to meaning something about world trade and occasionally you…
“Ignorance more frequently begets confidence than does knowledge: it is those who know little… Charles Darwin (side note people forget that Darwin was only 22 when he set out on the Beagle) And if you needed convincing – Extreme opponents of genetically modified foods know the least but think they know the most You could of course…
“I have no money at risk,” he responded to those questioning his approach in Reddit’s raucous “Wall Street Bets” group. “It literally cannot go tits up.” Famous last words. Even one of the group’s moderators pleaded, “DO NOT DO THIS,” pointing out the potential downside. But that didn’t stop 1R0NYMAN. In fact, he apparently managed…
While chasing a 2017 story about medical tourism and Slovakian stem cells that had already taken me to hospital facilities in Bratislava and Vienna, I wound up partying on a 283-foot yacht floating in the French Riviera. As I watched intoxicated rich people having expensive fun in their cheap white shower slippers — first rule of yacht club is…
On the weekend LB and I had the first meeting for this years Mentor Program and just before it was my turn to present I checked my laptop as I do to make certain everything was in order and it decided to show me nothing but a blank screen. Not a problem since I always…
Apparently according to Kevin Rudd, Ken Henry the now departed Chairman of NAB whose put up a stellar performance at the Royal Commission into banking where he suggested that anyone could overlook charging $100 million in fees for no service is a great bloke and a genius who helped Rudd avoid another great depression following…
THE WORLD SEEMS to be getting angrier… more short-tempered, more ready to fly off the handle. Whether it’s too much caffeine in their lattes, the housing prices, or the revolting traffic, people are on a short fuse. As a trader, you should aim for emotional stability in all aspects of your life – you can’t…
CHRIS TATE IS A difficult person to buy presents for. He seems to have everything he wants or needs already. So, for Christmas, I bought him a robot toy tank where you battle with another person’s robot tank. Every time you got ‘shot’ by your robot opponent, a small electric shock was delivered through the…
I’M SO EXCITED to be featured in the latest edition of YMag this month. I’m humbled to be a part of this successful magazine. I adore YMag, and it’s such an honour to be involved. You can check out their Facebook page here: https://lnkd.in/gkCjeCp
I’VE BEEN HELPING my 16-year old fill out part time job application forms. With a chilling thud, I realised: “Oh my gosh! I wouldn’t qualify for half of the jobs here!” I can’t build or fix anything. If someone has watched the TV, I can’t get it to switch over to Netflix again (so usually…
MY LITTLE GIRL broke her foot in the final days of school last year. “Keep her still and quiet” said the doctor. Gosh… I almost laughed in his face. My 11-year old has NEVER been still and quiet. What in the heck was I to do? The long summer holidays loomed large. Sure, we did…
This is quite an in depth and technical paper which looks at the way a change in perception or reappraisal of risk/reward alters the performance of participants. From my perspective the most important part of the paper is the following – During the session you will see the word Loss and the word Gain appear…
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