The Permission Gap
More wisdom from Carl Richards.
Who Is the Tallest Dwarf?
I noticed during the Olympics that an industry superannuation fund known as REST were trying to convince me how good they are. The catch cry of the ad is that investing is a marathon and not a sprint – you wont get any argument here on that point. Too many people believe that investing irrespective of…
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Is “Grit” Really the Key to Success?
In the summer of 2004, Angela Duckworth, then a graduate student in psychology at the University of Pennsylvania, went up to West Point to study 1,200 new cadets. The first-years were about to start “Beast Barracks,” an infamous seven-week training program during which they’d toil in the classroom and on the field for 17 hours…
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Self Image And Change
One of the things I find most frustrating about travelling is not the general carry on that is travelling. After decades of it you get used to the queues, the poor service, the people who shouldn’t be let out of the house let alone a plane and then there is the brilliance of an airline…
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Bullshit Baffles Brains In The Internet Era
The most scenic way to find truth on the internet is to drive north of Los Angeles on the Pacific Coast Highway, blue ocean foaming to the left, sunlit hills cresting to the right, until Malibu Canyon Road, where you take a sharp right and wind for a few miles through the oak-lined knolls and…
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Why Inexperienced Investors Do Not Learn
Why Inexperienced Investors Do Not Learn: They Do Not Know Their Past Portfolio Performance from Trading Game Pty Ltd
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ARE CEOS PAID FOR PERFORMANCE?
The quick answer from the paper embedded below is no. The executive summary is very enlightening in that it states – Has CEO pay reflected long-term stock performance? In a word, “no.” Companies that awarded their Chief Executive Officers (CEOs) higher equity incentives had below-median returns based on a sample of 429 large-cap U.S. companies…
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