Whilst my views on Economics as a pseudoscience are well known I am not certain about this piece in Psychology Today In 1776, Adam Smith famously wrote: “It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect our dinner, but from their regard to their own…
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Trading or investing (I use the terms interchangeably) is at its core an information processing profession. The job of a trader is to take the information they receive and distil it into a cohesive, coherent format from which they can derive a decision. The expected end point of this decision is that the trade that…
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This is a fascinating article in that you can take out the references to food and eating less and substitute the expression – why is is impossible to follow a trading plan. Long-term multicomponent weight management interventions were generally shown to promote weight loss in overweight or obese adults. Weight changes were small however and…
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I recently did a video on stockmarket returns and the irrationality of new traders when it comes to their over inflated expectations. Since the campaign that contains this video has just gone out I thought I would also post it here.
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TAM is organized by the James Randi Educational Foundation (JREF), a group devoted to a philosophy called skepticism: the debunking of psychics, mediums, pseudoscientists, faith-healers, homeopaths, and anyone else who makes claims that defy the known laws of science. Skepticism has a wide following—the Internet is littered with self-proclaimed skeptic blogs, podcasts, and forums—and JREF…
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I have always been a fan of Tim Minchin and what I would call his musical approach to philosophy and the human condition. I am always a fan of anyone who tries to live their life in a rational manner which is so unusual for entertainers who seemed to be possessed by the gods of…
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The joy about Faber is that there really is no joy….the world is always going to end.
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