1. We all want to be listened to. Everybody’s got a story, everybody wants to tell it, but too few people have the patience to extract it from them. If you listen to someone’s story, they’ll be your best friend forever. You’ll bond. Everybody’s got something to say, something you find of interest, everybody got…
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Say you had the choice between two surgeons of similar rank in the same department in some hospital. The first is highly refined in appearance; he wears silver-rimmed glasses, has a thin built, delicate hands, a measured speech, and elegant gestures. His hair is silver and well combed. He is the person you would put…
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This was the question I was considering whilst sitting in my gyms cafe after my workout watching the various comings and goings. I tend to live a life of routine and after lifting on Sunday I head downstairs to cafe and have a cup of tea, toast, vegemite and a fresh orange juice. During this…
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A few minutes after Neil Pasricha learned his wife Leslie was expecting their first child, he got an idea for a book. They were sitting on a plane returning to Canada from a trip to Asia when a flight attendant handed them a plastic-wrapped muffin with a scrap of paper that read, “Congratulations!” Leslie had…
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A mate of mine sent me the clip below. I am an unabashed fan of combat sports. I accept that they are violent in tone and to the outsider appear brutal with potentially devastating long term consequences for the participants. Anyone who has ever been hit in the head can attest to how awful it…
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I was chatting the other day with someone who was having trouble with their trading system. Their approach was based on trading news events. Such a plan is predicated on the notion that news events move markets in certain ways and whilst this movement might not be wholly predictable it will at least generate some form…
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Research conducted at Ben-Gurion University of the Negev (BGU) has determined that psychological momentum significantly affects performance among men but not among women, which may account for exaggerated risk-taking in financial and business endeavors among males. Psychological momentum is defined as a state-of-mind where an individual or a team feels things are going unstoppably their…
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A long read but worth it. In the past I have written about the danger of combining hubris with concentration bets. One day in the summer of 2011, Christine Richard arrived at the forty-second floor of a high-rise on Fifty-seventh Street in Manhattan to visit a hedge fund called Pershing Square Capital Management. Richard worked…
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