Knowledge

Steps you can take to control how you think

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

Knowledge

Taking a Surfing Lesson with Bill Dreiss

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.

Knowledge

The Hedgehog versus the Fox

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.