Trading As Information Management
What I Learned from Losing $200 Million
I’d lost almost $200 million in October. November wasn’t looking any better. It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and right. I worked at a major investment bank, and while I didn’t think the disastrous deal I’d done would cause its collapse, my losses were quickly…
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5 reasons boredom is essential for good ideas by Michael Yardney
People aren’t often bored these days. Take a look at your own life. I bet it’s filled with lots of plans, things to do and people to see. Ask anyone how they are these days and what do they say? Busy. Everyone is busy nowadays, rushing around and doing a million things at once with…
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Our travels…
I’m just hi-jacking Chris’s blog for a minute to tell you how we’re going on our trip to Singapore and London. We loved sophisticated Singapore, and had a great time catching up with our fantastic Mentoree (circa 2008) – Fred. It’s been great to see how he’s grown, and to see that he’s been so…
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The most valuable thing your money can buy… Michael Yardney
We all know that money can’t buy happiness. If you’re unhappy before you make a lot of money then extra cash isn’t going to suddenly change your outlook on life. I have written in the past about people who win Lotto, and the fact that many of them end up losing their fortune. They’re not…
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Why ‘no’ is an underrated word – Michael Yardney
Spare a thought for the word ‘no’. It gets a bit of a bad rap. It’s seen as a negative word to use, a slap-down, a refusal. And many people are uncomfortable with using it. They tend to stick to ‘maybes’ or they delay making decisions. Sometimes they will simply ignore an issue, hoping it…
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