Archive
Category: Holy Grails
- April 19, 2014Trend Following, Momentum, Systematic Quant? Avoid the Mental Masturbation of the “Name” of the Game!
Article seen by Francois Sicart titled “Don’t Get Sidetracked by Momentum Chasing”: In an early philosophy course, to introduce the concept (and danger) of extrapolation, our professor used the example of an…
- February 17, 2014Go Blame It On The Weather… Why Not?
Calling out the idiocy of of news: This morning’s catastrophic drop in the National Association of Home Builders sentiment index has rapidly been spun as due to the weather… of course, makes…
- January 23, 2014Astrology, Emirs & Trading Success
An interesting conversation I recently had with an experienced pro: Covel: So tell me an interesting story about astrology and emirs! [Name]: JP Morgan once said “Millionaires don’t use astrology to trade,…
- January 17, 2014Weed Out the Noise in 2014: Motley Fool Fools
Feedback in: Happy New Year Michael, I just got an email from the marketing department of the Motley Fool with the Subject Line: (I kid you not!) “Start 2014 with a 92.6306%…
- December 20, 2013Making Money on the Desert Island
Some news can be interesting and entertaining. The majority of news completely wastes your time. But all news does have something in common… It will not help with your trading. Consider the…
- December 7, 2013College: A Debt Cyclone Engineered by the Loving State
Sure, college is good for some, but many entering “the system” just get ripped off. This excerpt mirrors many of my views: “Since 1985, college tuition has increased at nearly 500 times…
- November 30, 2013Timing the Pop Ain’t A Profitable Business
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