There are a lot of similarity between golf and trading. Both are fundamentally mental activities and the person who makes the fewest catastrophic errors wins. Golfers are also prone to the same sort of magical thinking that afflicts traders – if I use so and so’s clubs then my game will get better. Which is…
Excellent piece on Amazon and its CEO Jeff Bezo. The part that intrigued me was this – Make no mistake, Amazon rewards its teams. It’s just that restricted stock that becomes valuable only over time — and more valuable only if the company succeeds — is the primary reward. For example, Jeff Wilke, who runs Amazon’s…
Venice Under Water Pundit Shaming After Sandy, a great and complex city reveals traumas new and old An ancient civilization’s wet ascent, dry demise Before and After Superstorm Sandy
For those considering a career in finance be warned this is the sort of person you will be working with. This is Olivier Desbarres the now sacked of FX strategy for the Asia-Pacific, this little rant apparently occurred because builders in his neighbourhood were making a bit too much noise. I used to work…
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