Don’t Blink! The Hazards of Confidence
From NY Times: Mutual funds are run by highly experienced and hard-working professionals who buy and sell stocks to achieve the best possible results for their clients. Nevertheless, the evidence from...
View ArticleThe Joy of Quiet: The Trend Following Way to Profit
The Joy of Quiet appeared in The New York Times recently: About a year ago, I flew to Singapore to join the writer Malcolm Gladwell, the fashion designer Marc Ecko and the graphic designer Stefan...
View ArticleThe Drip, Drip of Mainstream Financial Propaganda
From the NY Times: Most investors don’t realize that when they walk into a bank or brokerage firm branch, the representatives there are essentially free to emblazon their business cards with whatever...
View ArticleFollowing the Apple Bull Was Only Smart Till the Trend Bent
Wall Street is an odd place. Clients line up to have nonsense thrown at them–and they pay for it willingly. Consider this excerpt from The NY Times: Last September, Apple shares hit a record $705. And...
View ArticleThe Probabilities Win Every Time
Columnist David Brooks wrote an interesting article in the New York Times on how to effectively use probabilities: In 2006, Philip E. Tetlock published a landmark book called “Expert Political...
View ArticleThe Outliers Are Where the Answers Lie
From NY Times: It’s always seductive to know where one stands in relation to the average. As an overly confident college freshman, the first time I received a below-average score on an exam was a...
View Article“Suddenly, Retiree Nest Eggs Look More Fragile…”
Great article from The New York Times about Broke: The New American Dream: Many Americans don’t have enough money to carry them through retirement—and many of them know it. That’s clear from recent...
View ArticleSuffer from Decision Fatigue?
Three men doing time in Israeli prisons recently appeared before a parole board consisting of a judge, a criminologist and a social worker. The three prisoners had completed at least two-thirds of...
View ArticleTrading Food For Thought
Interesting reads: Measuring the Moat Journal of Quantitative Analysis in Sports The Math of March Madness This Fund Manager Has Consistently Beaten the S&P 500 for 40 Years Funds Run by Robots Now...
View ArticleSuffer from Decision Fatigue?
Three men doing time in Israeli prisons recently appeared before a parole board consisting of a judge, a criminologist and a social worker. The three prisoners had completed at least two-thirds of...
View ArticleSuffer from Decision Fatigue?
Three men doing time in Israeli prisons recently appeared before a parole board consisting of a judge, a criminologist and a social worker. The three prisoners had completed at least two-thirds of...
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