The Power Of Not Knowing

To make money in the markets, you have to think independently and be humble. You have to be an independent thinker because you can’t make money agreeing with the consensus view, which is already embedded in the price. Yet whenever you’re betting against the consensus, there’s a significant probability you’re going to be wrong so…

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Can You Do It?

I was chatting to Jim Armstrong a mate of mine who teaches combatives/self defence and he is probably the best teacher of this sort of thing that I have come across in all my decades of knocking about the martial arts. The discussion turned to the notion being preemptive (language) – that is hitting someone first. Unfortunately,…

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Your Brain Is Primed To Reach False Conclusions

Helena Matute, a psychologist at Deusto University in Bilbao, Spain, and her colleagues enlisted 147 college students to take part in a computer-based task in which they each played a doctor who specializes in a fictitious rare disease and assessed whether new medications could cure it. In phase one of the study, the student volunteers…

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