Archive
Category: Psychology
- May 23, 2012You Think It Is All About Lucky Survivors? Wrong. It Is About Effort!
Jonah Lehrer writes: Because work isn’t fun. It doesn’t matter if we’re engaging in deliberate practice or studying algebra – the most necessary activities are often the least pleasant. Furthermore, success requires…
- April 22, 2012The Moment One Definitely Commits Oneself, Then Providence Moves Too
William Hutchinson Murray, The Scottish Himalayan Expedition (1951): “Concerning all acts of initiative (and creation), there is one elementary truth, the ignorance of which kills countless ideas and splendid plans: that the…
- April 8, 2012Trend Followers Are Lone Wolfs, Not Coyotes
In a new book derived from his letters the late General Patton offers: “It never pays to fight an underdog. You can fight for them, but never against him.” He also wrote…
- March 28, 2012A Short Course in Thinking About Thinking
Session #1 from Daniel Kahneman, the psychologist who is the co-creator of behavioral economics (with his late collaborator Amos Tversky), for which he won the Nobel Prize in Economics in 2002: Sessions…
- February 29, 2012Ep. 3: Charles Faulkner Interview with Michael Covel on Trend Following Radio
My guest today is Charles Faulkner, a trader, mentor and author who has been featured in Jack Schwager’s “Market Wizards” series. Faulkner is an international expert on modeling the knowledge and performance…
- January 13, 2012Quote from Patton: “Rommel, You Magnificent Bastard. I Read Your Book!”
Paul Tudor Jones as quoted in the Foreword to The Alchemy of Finance: In Patton, my favorite scene is when U.S. General George S. Patton has just spent weeks studying the writing…
- December 26, 2011Want to Make Money? Forget the Daily News Drivel. Here Is Some Inspirational Thinking
Firemen, donuts and meetings. The more or less choice. Is America at a digital turning point? Optimism has its advantages, but some worry the region may lose touch with the rest of…