Trend Following Explained In An Image
When trend following goes well it goes well, right up until the time it doesn’t….
Worlds Largest Mutual Fund
I post this article for two reasons. The numbers involved are staggering and it is indicative of a structural change in the investment markets.
And You Think Trading Is A Tough Gig…
During the course of his career, Mr. Needham said in a speech at the Academy Awards in 2012, he broke 56 bones, including his back twice. He punctured a lung, had a shoulder replaced and knocked out several teeth. He invented several new stunt methods and devices — among them the introduction of air bags…
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Interview With Richard Thaler
We are rational, self-interested optimizers: Homo economicus. So the neoclassical model of economics has held for over a century. It has been a fruitful model, at the heart of the discipline’s most profound theories, predictions and policy prescriptions. According to Richard Thaler, it is also flawed. Humans in the real world, Thaler points out, behave…
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Lou Reed
One chord is fine. Two chords is pushing it. Three chords and you’re into jazz….Lou Reed
Stockmarket Returns – Who Is Telling The Truth?
I recently did a video on stockmarket returns and the irrationality of new traders when it comes to their over inflated expectations. Since the campaign that contains this video has just gone out I thought I would also post it here.
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