Archive
Category: Psychology
- July 12, 2014You Want It All “Cheap”?
You want it all “cheap”? No. Wrong way to think. For example, if you enter a market at price level 50 and it goes to 100, does it really make a difference…
- July 5, 2014Jesse Livermore Wisdom
1. The stock market is never obvious. It is designed to fool most of the people, most of the time. 2. Play the market only when all factors are in your favor.…
- July 2, 2014You Have to Jump
- June 30, 2014Mind the Gap
Straight lines always bend. Mind the gap.
- June 21, 2014Ep. 250: Hersh Shefrin and Arvid Hoffmann Interview with Michael Covel on Trend Following Radio
My guests today are Hersh Shefrin and Arvid Hoffmann. Hersh Shefrin has done pioneering work in behavioral finance and is the author of Beyond Greed and Fear. Hoffmann is a colleague of…
- June 17, 2014The Trend Following Mindset
In the San Antonio Spurs’ locker room, there is a quotation on the wall from Jacob Riis: “When nothing seems to help I go back and look at the stonecutter hammering away…
- June 11, 2014The “System” Wants You to Believe in “Security”; Run from Any Man That Promises Such
Consider: It must be obvious, from the start, that there is a contradiction in wanting to be perfectly secure in a universe whose very nature is momentariness and fluidity. But the contradiction…