How to add an hour to your day (Harvard Business Review)
The Bucket List lie (Jonathan Fields)
Why all happiness and success fades away (Peter Shallard)
Why what you believe gets you nowhere (Peter Shallard)
How to really shake things up (James Altucher)
There are real-life advantages to being a strategic deceiver (New York Times)
Don’t let email run your life (CNN)
Great idea – change your smoke alarm batteries with daylight savings time (Lifehacker)
Yet another reason to get off your duff and exercise (BBC)
We make risk/reward decisions every day, all day long (Tech Crunch)
Tips from Thomas Edison (Open)
It’s looks like it is a really good thing I feel happy while trading (Forbes)
Natural approaches to combating the winter blues (Dr. John Briffa)
Archives of “LINKS” category
rssUnderstanding the perils of overconfidence (Links )
A thorough explanation of the overconfidence effect. (Wikipedia)
The Art of Thinking Clearly. (Psychology Today)
Examples of overconfidence outside the charts. (Your Dictionary)
Key concepts of overconfidence. (Albert Phung via Investopedia)
There are three ways overconfidence can make a fool of you. (Christine Riordan via Forbes)
Managing Overconfidence. (Russo and Schoemaker via Sloan Management Review)
Two types of overconfidence. (Synapse Trading)
The dynamics of overconfident stock market forecasters. (Deaves, Luders, and Schroder via ZEW)
Can we use the overconfidence bias to game the system? (Scott, Stumpp, and Xu via The Journal of Portfolio Management)
Overtrading is a by product of overconfidence. (Irwan Trinugroho via IJBM) and (Barber and Odean via Berkeley)
Do not be overconfident when investing. (Larry Swedroe via CBS Money Watch)
Overconfidence is more prevalent in… men? (Jeff Sommer via NYT)
Links for you
Goodbye, yellow brick road! (Doug Kass)
Could we have less talk about gloom and about doom in 2010? (Money)
Most people stink at market timing. Investors pull money out of stock funds (MarketWatch)
The Housing Crisis and Wall Street Shame (Robert Reich)
Are we coming out of recession? (Market Talk)
Get ready for half a recovery (New York Times)
I’m always suspicious about the market [but that doesn’t mean I don’t find opportunities] (Jutia)
Dangers of an overheated China (New York Times)
Brazil GDP to Grow 6.1% in 2010 (Bloomberg)
15 european banks now have assets larger than their domestic economies (Fund My Mutual Fund)
Correlation between the world’s tallest buildings and economic downturns (AlphaDinar)
Need a reminder? (Memorari)
RIP Mark Pittman (Bloomberg)
Life of a blogger (Slope Of Hope)
Perfect 10
On 11th Sept’09 ,I had written about Base Metals ..just click here and see
On 17th Sept’09,Written not to touch GOLD and Don’t hold long in precious Metals….u don’t believe …click here
On 21st Sept ’09 ,written about Natural Gas ..Don’t miss to read …click here
On 21st Sept ’09 written about S&P 500 ,No Magic No Miracle………..yes it had crashed :Click here and see
On 21st Sept ’09,I had written about Shanghai Index and just see in last 4 sessions it had crashed again…look here to BelieveOn 22nd Sept ’09 written boldly that I expect crack in Crude oil….for these type of forecast u dont have to pay money to Jokers ,I will write free…click here
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Links For Traders
- Less Is More: A Case for Concentrated Portfolios
- Eurozone can’t survive in current form, says PIMCO
- Finding Surer Footing
- Use a computer rather than your brain: Fund manager
- Do you know what you know?
- Return Dispersion, Counterintuitive Correlation
- Hedge Funds: Don’t Call Us a Hedge Fund
- How to Protect Your Portfolio Against Loss
- Thinking Sideways
- Learning to Love Investment Bubbles: What if Sir Isaac Newton had been a Trendfollower?
Emirates Palace unveils gold dispensing ATM
Emirates Palace has raised the luxury stakes in the Gulf even higher by unveiling an ATM that dispenses gold.
The machine, which monitors the price of gold minute-by minute, offers small bars that weight up to 10 grammes engraved with the Emirates Palace logo, as well as a variety of coins.
Thomas Giessler, the inventor of the Gold to Go machine, chose Abu Dhabi because of its luxury atmosphere, and hopes it will tie in nicely with the region’s traditional ties in gold commerce.
“A gold machine should be made of gold,” said Thomas Geissler, the chief executive of Ex Oriente Lux AG. “This is now at a hotel made out of gold. It is the perfect place.”
Six coins of differing weights come engraved with a maple leaf, kangaroo and Krugerrand, symbols of the gold-producing nations South Africa, Canada and Australia.
Emirates Palace Hotel general manager Hans Olbertz said: “We seized upon this idea and, as one of the most exclusive hotels in the world, we wanted the Emirates Palace to play a pioneering role and be the first hotel in the world to offer its guests this golden service.”
The idea is aimed at both a souvenir and an investment. Gold is still one of the most sustainable forms of investment and is currently as a record high price due to volatility in the current global economic market. (more…)