A perfection of means, and confusion of aims, seems to be our main problem – ALBERT EINSTEIN Malcolm Gladwell in his book Outliers says an “outlier is a scientific term to describe things or phenomena that lie outside the normal experience”. In Florida for example, you can expect most days during the summer [...]
The assumption that seeing is believing makes us susceptible to visual deceptions – KATHLEEN HALL JAMIESON It is only human nature to make assumptions. In fact we don’t really give it much thought. We just assume our boss is impressed when we come in early or stay late. We assume our wife forgives [...]
I know that you believe you understand what you think I said, but I’m not sure you realize that what you heard is not what I meant – Robert McCloskey If you really think about it, the Euro is as much of an experiment as it is a currency. As I mentioned in my previous [...]
Once again, the media has many reasons (in hindsight) for the demise in Greece, Portugal and Spain, and of course are now forecasting how the situation will be resolved. Personally, I think this could be the beginning of the end for the Euro. Greece is the first test, but other European countries have problems, and [...]
George Bernard Shaw once said “Success does not consist in never making mistakes but in never making the same one a second time.” Of course this is easier said than done. In any event this is a critical problem in trading. We do make the same mistakes over and over and sometime working with other [...]
