Ten Minutes With Tate You Are Smarter Than Wall St
If you have managed to put your pants on straight and your shoes are on the correct feet then I can assure you that you are smarter than Wall Street’s best and brightest.
Nothing To Boast About
Something that has always intrigued me is the capacity of the superannuation industry to boast about being below average. The following is a snippet from the AFR. The larger-than-expected reduction in US interest-rates stoked global markets and helped push average returns for equity-heavy superannuation funds to 8.6 per cent in the calendar year to date.…
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Black Swan Author Taleb on Fragility of Markets, Political Risk, AI
Nassim Taleb, Black Swan author and Universa Investments distinguished scientific advisor, talks about the fragility of markets, how to hedge against geopolitical risks and artificial intelligence. He’s on “Bloomberg Markets.”
What A Trading System Does
Whenever I talk to people about what a trading system is and what its function is they are often confused by my view. My view is that a trading system is designed to keep you ut of suboptimal positions not necessarily find you massive winners. As an explanation consider the table below which appeared on…
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Half A Story Is As Bad As The Wrong Story
One more time for those at that back and hard of hearing. This is a repeat of something I have spoken about innumerable times in the past, but it is worth repeating because it is so important. If you ever have dealings with a financial planner or fund manager, they will show you a graph…
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Behind The Scenes of Trading at Optiver
I have a friend whose son has just started work here. I have serious screen envy – I must lift my game.
The Confidence Trick
An ambitious portfolio manager stumbles upon a perfect graph. It outlines eye watering profits. But something doesn’t quite add up – could this graph be accurate? Or does it hide a far more sinister truth?
What Does A Healthy Market Look Like?
In my recent Ten Minutes with Tate video that looked at the bed-wetting that accompanied markets moving to new all-time highs, I reflected on the fact that markets always warn you when they are about to fall over and I touched on what a healthy market looks like. In addition to this, I have often…
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Ten Minutes With Tate History Repeats Itself….Often
Once again we find financial pundits proclaiming the end of the world. As with most things, the true picture is much more nuanced. <
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