Readers of the Viewpoints blog know that I don’t give quite the credence to the “expert” forecast as I do a good solid trading methodology, risk management and respect for the role of randomness. This does not mean however, that you should ignore the various scenarios that could unfold. It is always healthy to ponder [...]
THE Lloyd’s Prayer Our Chairman, Who Art at Goldman, Blankfein Be Thy Name. The Rally’s come. God’s Work Be Done On Earth as there’s No Fear of Correction. Give Us This Day Our Daily Gains, And Bankrupt Our Competitors As You Taught Lehman and Bear Their Lessons. And Bring Us Not Under Indictment. For [...]
Here is an interesting video of Trader Salem Abraham and Howard Lederer, legendary poker player. They discuss the similarities in managing a good poker hand and a good trade, and how folding bad hands in both cases is the key to success. Howard Lederer is known as “the Poker Professor” because of his demeanor, [...]
Anyone can get old, all you have to do is live long enough – GROUCHO MARX This is a rather humorous yet profound Groucho Marx quote that I recently read. It reminded me of trading, where the quote might be “Anyone can make money, all you have to do is stay in the game [...]
Here is a recent Audio Interview (today) with Jim Rogers who always has some interesting insights as to what is going on in the financial world. Here he shares how he position sizes, why people see bubbles everywhere and the Wall Street machine. Click below to listen: JimRogersPodcast2.1 Tweet This Post
Wisdom is meaningless until your own experience has given it meaning and there is wisdom in the selection of wisdom – BERGEN EVANS Author and Professor Those of you that follow this blog know that I am a big fan of a definitive trading plan. Having a plan however, does not equate to success, there [...]
Written by Lara Crigger Victor Sperandeo (also known as “Trader Vic”) is one of the world’s most outspoken commodities traders, with over 40 years of market experience. He has invested independently for the likes of George Soros, Leon Cooperman and BT Alex Brown, and has written a book, “Trader Vic on [...]
