Archives of “epidemic” tag

rss

Global recovery unlikely to be v-shaped, says Shell chief

  
Analysis, Crude
#  #  #  #  #  #  #  #  #

The head of Shell spoke in an online interview, in a nutshell said that there will be no V-shaped recovery for the global economy after the coronavirus epidemic

  • this will  curtail oil and gas demand for years to come
Ben van Beurden, Chief Executive of Royal Dutch Shell:
  • “Energy demand, and certainty mobility demand, will be lower even when this crisis is more or less behind us. Will it mean that it will never recover? It is probably too early to say, but it will have a permanent knock for years”
  • “It is most likely not going to be a v-shaped recovery.”
  • Shell & others have had to reduce spending sharply, postpone investment and will continue to do so “for some time to come”
via Reuters
The head of Shell spoke in an online interview, in a nutshell said that there will be no V-shaped recovery for the global economy after the coronavirus epidemic

10 signs you’re a narcissistic investor

  
  Education
#  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #

Some amount of narcissism (a strong belief in yourself) can be helpful in giving you the confidence to apply for a new job or ask for a raise but sometimes these same traits can become too extreme and you can find yourself part of the “narcissism epidemic” that psychologist Jean Twnege and Keith Campbell coined in their book of the same name.

The more you identify with these characteristics, the more likely you are to be a narcissistic investor.

  1. You always know what you’re doing.
    1. “I know I’m good because everybody keeps telling me so.”
  2. Everybody likes to hear your stories and you often boast about your latest or greatest winning trade during conversations.
    1. “Seeking admiration is like a drug for narcissists”, said Mitja Back a psychologist at Johannes Gutenberg University in Mainz Germany. “In the long run it becomes difficult because others won’t applaud them so they always have to search for new acquaintances from whom they get the next fix.”
  3. If an investment loses money it’s because someone else made a mistake, not you.
    1. I almost always hear how my broker sold me this (name a losing investment) vs. I bought this (name a winning investment).
  4. You’re a workaholic.You get upset when people don’t notice how well you’re doing financially. (more…)
Go to top