VIEWPOINTS OF A COMMODITY TRADER

Expect The Unexpected

Are You Trading For Thrills Or Dollar Bills?

Tuesday, August 4th, 2009

If you don’t know who you are, the stock market is an expensive place to find out.  – ADAM SMITH, The Money Game According to Ori and Rom Brafman in their book “Sway” the National Institutes of Health (NIH) conducted a rather interesting experiment. They gathered participants and placed them in a MRI like machine [...]

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Would You Pay Over $200 For A $20 Bill? Don’t Be Too Sure

Wednesday, July 29th, 2009

I just read a very interesting book. It is called “Sway”: The Irresistible Pull of Irrational Behavior.  Max Brazerman is a professor at The Harvard Business School and introduces his new students to a game at the beginning of the semester. He auctions off a $20 bill with only two rules to the game. 1- [...]

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