Morgan Stanley, Tom Watson and Recovery

Today's neuroscience proves that the residual feelings resulting form one event can completely color your beliefs about the next event. It also proves you can't act - or even make a decision - without emotional inputs. Therefore, managing those inputs - in the way that works - is a singularly profitable (and winning) endeavor.

Continue Reading

Deep Breaths, No TV and Calm

The WSJ's Intelligent Investor ... The weekend edition of the WSJ included Zweig's column on fighting the herd mentality. In many ways it is good article... but it does what all articles and commentary seem to do... in the end it says "get rational". The problem with this is when…

Continue Reading

A thousand points?

a 1000 points???? are they kidding....... Richard Bookstabber in Demons of our Design had it right when he described how interconnected all trading and all markets are.... the only part he didn't really cover in detail is this: it is NOT fear and greed - it is fear and fear2.…

Continue Reading