Daniel Kahneman
Having started rereading parts of Thinking Fast and Slow I thought it was worth revisiting this
Christmas
You need to be of a certain generation to get this…………..
Dow – Update
Price is still meandering around the initial fail point. One of the mistakes I see traders make is that they see a chart like the one below and instantly drop into confirmation bias mode simply because price looks as if it might be moving higher. Current price action doesn’t really confirm whether this trade is…
DetailsThe Myth of American Meritocracy
Lately I have had a bit of waiting time and I was able to read this article in full. Of the entire piece I found the passage below the most disturbing. As a history buff I am familiar with such behaviour in the old Soviet Union and Germany in the 1930’s where admission to schools…
DetailsWe Are Alive
Rock tours generally have a theme: a band’s coltish arrival, a new style or look, a reunion, a new set of songs, a political moment. Springsteen was salting the show with the political material from “Wrecking Ball,” but the most vivid theme on this tour was to be time passing, age, death, and, if Springsteen…
DetailsTwo Surprisingly Related Items
Below is a table I lifted from Bespoke Investment It shows the YTD performance of what could be called analyst’s least loved stocks. You will note that some performed quite poorly but the top five had an average return of about 71% with WHR returning 104.34% The second of my related items is titled simply…
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