To the melody of the Jungle Book’s Bare Necessities, here’s a little song about ambiguity aversion. Best sung with Louis Armstrong playing the original in the background! http://www.youtube.com/watch?v=MbUv_Tnnl2g Embrace the ambiguities The simple ambiguities Don’t
At the recent Neuroleadership summit in Boston, Lisa Feldman Barrett articulated a whole new view on the appropriate model for understanding our thinking and our feelings. “Lisa challenged some of the most deeply held ideas
… or so says the WSJ today. “It was 75% engineering and 25% a miracle,” said topographer Macarena Valdes as she was speaking of her own role in the rescue. I submit that maybe only
Two new terms you will (eventually) read in this book I am feverishly working on. (It’s true – I am having a blast and really want nothing else but to be able to work on
Here are some of the things I’ve been thinking about: The two areas in trading that separate the men from the boys (so to speak) are: 1.) The ability to divide environmental perceptions in half
1. Was it purposeful? 2. Were specific orders entered that would “sweep the book” in PG, MMM and Accenture? Why those stocks? 3. Why 2:40 pm? Isn’t that a suspicious time in terms of margin
UPDATE TO POST “Joining the Options Counter Culture“ 1. Nice to have a tutor in thinkorswim software … better to have it be the same guy you drink margaritas at home with. 2. A put
Despite the fact that the guy who got me into the trading business in 1994 had been almost an original CBOE floor member, despite the fact that one of my best trades ever was a
Somewhere down the road, you just might find you agree with more than you expected. Or worse, learned a thing or two about making better decisions in the face of UOUP (rhymes with soup) – uncertain outcomes uncertain probabilities.
