Archive
Author: Michael Covel
- July 27, 2006Sell What You See, Not What You Think
A good excerpt from Yahoo Finance: The main rule for selling is to sell what you see, not what you think. This rather difficult concept is counterintuitive, because stocks often climax and…
- July 25, 2006Barbara Dixon: Donchian Student Wisdom
Barbara Dixon, a student of famed trend follower Richard Donchian, wrote twenty years ago in Commodities magazine: Donchian is one of the most respected technicians on Wall Street – especially in commodities.…
- July 23, 2006More from Boone Pickens
I posted a quote the other day from Boone Pickens. Some more: Be willing to make decisions. That’s the most important quality in a good leader. Don’t fall victim to what I…
- July 18, 2006Maybe We Should Leave That Up to the Computer
From the NY Times, an interesting read (PDF). An excerpt: Models have other advantages beyond their accuracy and consistency. They allow an organization to codify and centralize its hard-won knowledge in a…
- July 18, 2006T. Boone Pickens on the Value of MBA
Last night on Nightline, T. Boone Pickens (made 1.4 billion in 2005) reminded the fawning reporter: “I have been broke 3 or 4 times. But fortunately for me I’m not an MBA,…
- July 17, 2006Wishes, Hopes and Desires
Janice Dorn sent in nice feedback: Without realizing it, people tend to perceive things according to how they want to see them, suggests a new study, soon to be published in the…
- July 10, 2006Malaysia Trend Trader Seeks Relief
Feedback from a reader in Malaysia: Hi Michael, First of all I would like to say THANK YOU for writing what must (or should) be the most important finance theory book of…