Where Do The Wealthy Stash Their Coin?
….here’s a hint its not gold under the bed…. More here – VisualCapitalist
More On Sensation Seeking Money Managers
Sugata Ray conducts the most fun research. From his post teaching and researching at the University of Alabama, he studies disparate influences on asset management and market microstructure. He has looked at the effect of personal real estate transactions and “marital events” on the productivity and risk tolerance of hedge fund managers. We caught up…
A hypothesis of sudden body fluid vaporization in the 79 AD victims of Vesuvius
Fascinating but horrible….. Long story made short – they went pop. Abstract In AD 79 the town of Herculaneum was suddenly hit and overwhelmed by volcanic ash-avalanches that killed all its remaining residents, as also occurred in Pompeii and other settlements as far as 20 kilometers from Vesuvius. New investigations on the victims’ skeletons unearthed…
The real reason you’re not successful yet – Michael Yardney
Deep down, we all want to be successful. That doesn’t mean we all want fame and a jet-setting lifestyle. But it does mean that most of us want to achieve something worthwhile in our lives and set ourselves up financially. There’s no shame in being ambitious and wanting those things. In fact, it’s important as humans…
It’s Better To Be Born Rich Than Gifted
The most telling part of the piece – The least-gifted children of high-income parents graduate from college at higher rates than the most-gifted children of low-income parents.” No doubt this is a universal phenomena. The graphic below shows that the raw material for being successful is evenly distributed across socio-economic groups but the expression of…
S&P500 Daily Returns
With the US market having a conniption overnight I thought I would play with excel at look at those periods where the market had fallen by 2% or more in a session. The first thing I noticed was how few falls there are of this magnitude or greater even going back to 1950. As you…
Funniest Thing Of The Day
I got this little mailer from IG Markets and it contained the following closing paragraph. The lesson the day is…..read your history it is surprising what it tells you about today.
Companies Are Stupid
Given that they are run by people it shouldn’t be any surprise….. J F C Fuller did not invent the tank. That distinction should probably fall to E L de Mole, an Australian who approached the British war office in 1912 with a design that was — in the words of historians Kenneth Macksey and…
People Are Stupid
A new study has found more than 250 people have died in pursuit of a perfect selfie. The study published by the Journal of Family Medicine and Primary Care journal (and republished by the National Library of Medicine in the States) looks into how many of us social media obsessed plebs are dying for the ‘gram. Led by…
The Pet Rock Brigade Are Back
One of the things that most surprised me when I moved into finance as a profession (I use the term loosely) was the stunning lack of evidence for most of the things that were spoken about. My observation was that this lack of substantiation seemed to be a vertically integrated industry. Nobel Prizes were handed…
Career Hot Streaks Can Happen at Any Age
In science, 1905 is known as the annus mirabilis, or “miracle year,” the period when Albert Einstein, at the age of 26, published several discoveries that changed physics forever. By the summer of that year he’d explained Brownian motion, discovered the photoelectric effect (for which he won a Nobel Prize), and developed the theory of…
Your IQ Matters Less Than You Think
At last some good news……. People too often forget that IQ tests haven’t been around that long. Indeed, such psychological measures are only about a century old. Early versions appeared in France with the work of Alfred Binet and Theodore Simon in 1905. However, these tests didn’t become associated with genius until the measure moved…
TV For Hedge Fund Hopefuls
Kieran O’Dea rises at 5 a.m. to begin his daily routine, shuffling to his desk to eye his portfolio: a cluster of biotechnology stocks and a bet that Tesla will go bust. Then he pulls up the latest video on Real Vision, the start-up financial video service that promotes the trading ideas and insights of hedge…
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!
WANT TO HEAR MORE?
