If I Fail More Than You I Win…..
Some interesting trading related ideas in a non trading interview.
Loss of Control Increases Belief in Precognition and Belief in Precognition Increases Control
I was really tempted to simply post this abstract under Its Friday but I will simply post the abstract, a link and a small comment. Abstract Every year thousands of dollars are spent on psychics who claim to “know” the future. The present research questions why, despite no evidence that humans are able to psychically…
DetailsVariant Perception
During the week we hosted a chat by a good mate of mine David Chia who along with his team managed about $500 mil. During his talk he said that when he and his team go to take a trade they adopt a step out process whereby they consider the reasons as to why someone…
DetailsWhat Do Heart Attacks And Trading Have In Common?
Here are some interesting statistics from the Baker IDI Heart Attack and Diabetes Institute survey of 1000 heart attack survivors. 1. One in 10 survivors admitted to smoking. 2. Six out of 10 don’t have a healthy diet. 3. Four out of 10 didn’t follow their doctors advice to improve their health. 4. Three in…
DetailsApparently Undergraduate Finance Students Believe in ESP
This explains a lot about many of the people I have met…. Fourth-year finance students in Barcelona have no clue about the independence of coin tossing events. FYF students like to play mind games with their professors. FYF students believe in telekinesis. FYF students believe in supernatural forecasting abilities. (N.B. This would explain much Wall…
DetailsWhat You Should Focus On
I get these nifty little graphics dropped into my in box once a week. You can subscribe to them via Behaviour Gap
DetailsMindfulness
A good mate sent me this presentation and whilst it is directed at the medical profession its message is universal
Year In Review
I had thought of doing a year in review table that looked at the returns from various assets but I have always found this sort of thing to be bullshit and the preserve of financial journalists. There is stuff all value in telling people what you can see in your rear view mirror. The major…
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