October - December 2008 articles archive home
Difference between risk-taking and being rash
From an early age, we are all conditioned by our families, our schools, and virtually every other shaping force in our society to avoid risk.
Thursday, December 11, 2008 ... more
The difference between this one and the one before
Everyday lately I sign on to my computer to see how much I lost that day. It used to be how much I made, now it's always how much I lost.
Tuesday, December 9, 2008 ... more
Some that did get away with it
Given the state of the markets it’s only natural to start wondering whether a life of crime wouldn’t be easier. Oh sure, there’ll be those who’ll ...
Friday, December 5, 2008 ... more
Hindsight Bias
When markets become unusually volatile, they make unusually large moves. Which to the short-term trader look like a phenomenal opportunity.
Wednesday, December 3, 2008 ... more
Two key elements in the evaluation process.
We define market conditions based on two dimensions: "valuation" and "market action". Favourable valuation means that security prices appear reasonable in view of ...
Tuesday, December 2, 2008 ... more
Laissez-faire; the scapegoat of the crisis.
In Smith’s view, taxation was essentially an evil: first it is an infringement of liberty: secondly, it distorts the natural operation of the market.
Friday, November 28, 2008 ... more
Invaluable advice from master investors
One of the great things about The Global-Investor Book of Investing Rules are the numerous quotes included in the intervening pages.
Thursday, November 27, 2008 ... more
Things to do while waiting ...
In normal markets, you probably spend a significant amount time trying to find good companies to buy at a reasonable price. These days though everything’s cheap.
Wednesday, November 26, 2008 ... more
Buy low, sell high.
This myth is the granddaddy of them all. Probably no more destructive misconception has ever been conceived than the idea of buying low and selling high.
Tuesday, November 25, 2008 ... more
How do you compare?
Much depends on our ability to perform appropriate comparisons. Which is a better investment: This or that? Which is safer: This one or that one
Friday, November 21, 2008 ... more
The origins of the New York Stock Exchange.
The origin of the New York Stock Exchange was so uninspiring that almost no record was made of the events that lead up to it.

Thursday, November 20, 2008 ... more
Question everything
If you want to be able to trust your investment decisions you have to question everything, including conventional wisdom.
Wednesday, November 19, 2008 ... more
Why you could be feeling financial pain
You’ve probably heard of the ‘pain’ that investors have been feeling lately. But might have thought it was just a figure of speech ...
Tuesday, November 18, 2008 ... more
Making use of our dependence on relativity. Friday, November 14, 2008
What’s worse than losing a fortune? Thursday, November 13, 2008
Against the flow Wednesday, November 12, 2008
Lessons of the last few weeks Tuesday, November 11, 2008
Serving academia at the expense of the arts Friday, November 7, 2008
The Presidential elections and the market Thursday, November 6, 2008
There’s no way to block out emotions Wednesday, November 5, 2008
Borsellino's 'ten commandments' of trading Tuesday, November 4, 2008
The thing about money Friday, October 31, 2008
So, what happened? Thursday, October 30, 2008
Maybe just a return to the norm? Wednesday, October 29, 2008
The buying opportunity of a lifetime? Tuesday, October 28, 2008
Is occupational fate bestowed by names? Friday, October 24, 2008
Even Sages can get it wrong Thursday, October 23, 2008
John Bogle quotes John Maynard Keynes Wednesday, October 22, 2008
Not what might be called a value approach Tuesday, October 21, 2008
Why those kids don’t need that stuff Friday, October 17, 2008
The gap between theory and reality Thursday, October 16, 2008
What the Prof learned the hard way Wednesday, October 15, 2008
Wanna know what to do next? Monday, October 13, 2008
A morning thought Friday, October 10, 2008
Knowing when to throw in the towel Thursday, October 9, 2008
Be prepared for a lot of bumps. Wednesday, October 8, 2008
Simple stop-loss strategies Tuesday, October 7, 2008
Those who are, from those who aren’t. Friday, October 3, 2008
The supra-logic that cuts out all the routine. Thursday, October 2, 2008
Careful how you read those trading updates Wednesday, October 1, 2008
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