At the risk of sounding crass – f@3k yes…… It’s an age-old question: Can money buy happiness? Over the past few years, new research has given us a much deeper understanding of the relationship between what we earn and how we feel. Economists have been scrutinizing the links between income and happiness across nations, and…
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I thought you may like to see a great article from my friend Rik Schnabel. If you like it, and you’d like to subscribe to his newsletter (where I swiped this article from – with his permission, of course… click here). ‘YES!’ Moves you ‘No’ doesn’t… It’s amazing how just one tiny, two letter word…
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“Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did. So throw off the bowlines. Sail away from the safe harbour. Catch the trade winds in your sails. Explore. Dream.” – Mark Twain. “I am the master of my fate, I am the captain…
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Got a dream of being a spectacular trader? Here are 5 signs you’re on your way to a bright future: 1) You know where you’re headed. You know why you’re trading and who you’re trading for. You have an image about what your life will look like when your trading results catch up with your…
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Media portrayals of cancer as a battle to be fought, and its focus on ‘brave fighters’ beating the odds, can lead to feelings of guilt and failure in people with a terminal diagnosis, according to research. ‘War’ metaphors are commonly used to describe people’s experiences of cancer – by the media, by charities raising awareness…
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Throughout the late 1960’s and early 1970’s Stanford psychologist Walter Mischel conducted what became known as the marshmallow tests. This test looked at the phenomena of delayed gratification in children. as part of the testing protocol children were offered either a small reward immediately or a larger reward if they waited 15 minutes. Interestingly…
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In 1999, in the Journal of Personality and Social Psychology, my then graduate student Justin Kruger and I published a paper that documented how, in many areas of life, incompetent people do not recognize—scratch that, cannot recognize—just how incompetent they are, a phenomenon that has come to be known as the Dunning-Kruger effect. Logic itself almost demands…
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One of the great failings of fundamental analysis is its reliance upon the narrative as its means of communication. Brokers will often ask analysts – whats the story? Meaning how can I sell this to the client. We are hardwired for narrative rather than data and this causes us enormnous problems in everything from dealing…
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Nothing in life is to be feared, only understood – Marie Curie It is no secret the Marie Curie is one of my intellectual idols – the only person to win two Nobel Prizes in different disciplines. I don’t count the Peace prize won by the likes of Linus Pauling since it is a bullshit popularity…
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