An an ongoing feature of this website we thought we would include a knowledge bank that comprises links to the valuable advice and research that have helped over the years to shape the philosophies, ideas and practices that you will find on our website. We hope you like this segment of our website as much… Continue reading Welcome to the Knowledge Bank
Our perception of the world about us is controlled by how we think and we tend to use our thoughts as the ultimate arbiter of our perception of 'truth'. The associated belief statement therefore is manifested in our behaviour and how we seek to interact with the world about us. The reality however is that… Continue reading Steps you can take to control how you think
If you happen to bump into Bill Dreiss who might be found skillfully navigating the waves on a remote beach somewhere, then it is very worthwhile lending him a towel and stoking up the beach fire to share a few stories of wave riding. You may find that he opens up and lends you his very experienced ear about surfing, life and his fascinating insights into trading the financial markets.
Beware our penchant of deriving cause and effect from randomness. As a trader and investor it is wise to start with the assumption of randomness as it encourages us to test all assumptions that might bias us. If you can detect that bias, then the potential for arbitrage in those systems that arise from human participation may reveal themselves to enable us to derive an indefatigable edge that exploits the 'black and white' of human behaviour.
When a problem appears intractable, sometimes it is a good idea to step back to see the forest for the trees. To do this however may require us to suspend our beliefs, forget what we know and simply observe. The simple act of observation allows us to see the flow of it all and jump… Continue reading What is a Complex System?